加密市場將進行重大轉變，因為重大項目為大規模令牌解鎖做準備

代幣主義者的數據表明，價值超過10億美元的投資者代幣將跨多個項目進入流通

Major cryptocurrency projects, including Etherfi (ETHFI), LayerZero (ZRO), and Grass (GRASS), are preparing for large-scale token unlocks in the coming months, setting the stage for significant shifts in the crypto market.

包括Etherfi（Etherfi），LayerZero（Zro）和Grass（Grass）在內的主要加密貨幣項目正在準備在接下來的幾個月中解鎖大規模的代幣，為加密貨幣市場的重大轉變奠定了基礎。

According to data from Tokenomist, over $1 billion worth of investor-held tokens will enter circulation across multiple projects. This development could have implications for price stability and broader market trends.

根據Tokenomist的數據，價值超過10億美元的投資者持有的代幣將跨多個項目進入流通。這種發展可能對價格穩定和更廣泛的市場趨勢產生影響。

ETHFI and ZRO Tokens Face Major Releases

Ethfi和Zro令牌面對主要版本

Among the largest unlocks, Etherfi and LayerZero are set to release $274 million and $276 million worth of tokens, respectively. These two projects are among the top four projects with the largest investor tokens to be unlocked in 2024.

在最大的解鎖中，Etherfi和lyezero將分別釋放2.74億美元和2.76億美元的代幣。這兩個項目是2024年最大的投資者代幣的前四個項目之一。

These large unlocks could exert significant short-term pressure on their respective markets as the tokens become quickly available for trading.

這些大型解鎖可能會對各自市場施加巨大的短期壓力，因為令牌很快可用於交易。

Furthermore, the GRASS and Morpho (MORPHO) projects have over $700 million in investor emissions to be released. However, the unlock would happen over a much longer timeline—more than a year from now.

此外，草和morpho（morpho）項目已發布超過7億美元的投資者排放。但是，解鎖將在時間表更長的時間內發生 - 從現在開始超過一年。

While the extended schedule may ease immediate market impact, the sheer size of these emissions remains a key factor.

儘管延長的時間表可能會立即減輕市場影響，但這些排放的巨大規模仍然是關鍵因素。

Tokens like Renzo (REZ) and Spectral (SPEC) will unlock more than 30% of their total token supply. These sizable allocations might influence investor decisions and price volatility in the coming months.

像Renzo（Rez）和Spectral（Spec）這樣的令牌將釋放其總代幣供應量的30％以上。這些相當大的分配可能會影響未來幾個月的投資者決策和價格波動。

Rapid vs. Gradual Token Supply Increases

快速與逐漸令牌供應增加

Projects like QuantixAI (QAI) and ETHFI will fully unlock their investor allocations within a year. This will rapidly increase the circulating token supply and potential sell pressure.

Quantixai（QAI）和Ethfi等項目將在一年內完全釋放其投資者分配。這將迅速增加循環的令牌供應和潛在的銷售壓力。

In contrast, Bera (BERA) and EigenLayer (EIGEN) have more gradual unlock schedules, extending into 2027-2028 for their full investor tokens to be unlocked. This distributes sell pressure over a longer period and reduces immediate market impact.

相比之下，Bera（Bera）和Eigenlayer（Eigen）具有更多逐漸解鎖的時間表，延伸到2027 - 2028年，以供其全部投資者代幣解鎖。這會在更長的時間內散發銷售壓力，並減少直接市場影響。

Monitoring Token Unlocks Is Key for Investors

監視令牌解鎖是投資者的關鍵

These unlock events are crucial indicators of potential market movements. Low-free float (FFDV) tokens like REZ and SPEC may experience heightened volatility as supply surges. However, high-FFDV projects like Bera and ZRO could see more controlled price action due to their larger valuation relative to emissions.

這些解鎖事件是潛在市場運動的關鍵指標。 Rez和Spec等低空浮動（FFDV）令牌可能會隨著供應潮的潮流而越來越大的波動性。但是，由於排放量相對於排放，貝拉（Bera）和Zro等高FFDV項目可能會看到更多受控的價格行動。

With major unlocks approaching, token holders will need to closely follow these developments and monitor any signs of these sell pressures.

隨著主要的解鎖接近，令牌持有人將需要密切關注這些發展，並監視這些銷售壓力的任何跡象。