即將舉行的令牌解鎖活動的關鍵要點

計劃在2025年5月26日至6月1日之間舉行了幾項重要的令牌解鎖活動。這些版本可能會將大量的新供應引入市場

Key Takeaways:

關鍵要點：

Several major cryptocurrency tokens have significant unlock events scheduled between May 26 and June 1, 2025.

在2025年5月26日至6月1日之間，幾個主要的加密貨幣代幣安排了重大解鎖事件。

These releases could add substantial new supply to the market, potentially impacting token prices.

這些發行版可能會為市場增加大量的新供應，並可能影響代幣的價格。

We analyze each major unlock, highlighting the number of tokens, percentage of supply, and estimated value in USD.

我們分析了每個主要解鎖，強調了令牌的數量，供應百分比以及美元的估計值。

We also discuss the potential market impact of each unlock, considering the token’s circulating supply and market liquidity.

考慮到令牌的供應和市場流動性，我們還討論了每種解鎖的潛在市場影響。

Optimism (OP) – Unlock on May 31, 2025

樂觀（OP） - 2025年5月31日解鎖

Optimism, a popular Ethereum layer-2 token, will unlock 31.34 million OP on May 31. This represents about 1.8% of Optimism’s circulating supply.

樂觀是一種流行的以太坊2層令牌，將於5月31日解鎖3134萬個OP。這約佔樂觀循環供應的1.8％。

At current prices (around $0.82 per OP), the unlock is valued at roughly $25-30 million.

以目前的價格（每OP 0.82美元），該解鎖的價值約為25-30萬美元。

This scheduled release is part of OP’s vesting for insiders (likely investor or team allocations).

該計劃發布是OP歸屬內部人士（可能是投資者或團隊分配）的一部分。

Given Optimism’s large market cap (nearly $1.4 billion), a 1.8% supply increase is relatively small.

鑑於樂觀的巨大市值（接近14億美元），供應量增加1.8％相對較小。

Previous linear releases of OP have been absorbed without major price swings.

以前的OP線性發行已被吸收，沒有主要價格波動。

However, some short-term volatility is possible around the unlock date if holders decide to sell immediately.

但是，如果持有人決定立即出售，則可能在解鎖日期左右發生一些短期波動。

Since the unlock was known in advance, it may be priced in, and any dip could be short-lived if overall market sentiment remains bullish.

由於已提前知道該解鎖，因此可能會定價，如果整體市場情緒仍然看漲，任何蘸醬都可能是短暫的。

Ripple (XRP) – Unlock on June 1, 2025

Ripple（XRP） - 2025年6月1日解鎖

Ripple Labs is set to unlock 1.0 billion XRP from escrow on or around June 1 as part of its monthly release schedule.

Ripple Labs將於6月1日或在6月1日左右從託管中解鎖10億XRP，這是其每月發佈時間表的一部分。

At the time of reporting, this tranche is worth over $2.3 billion (XRP has been trading around $2.30).

在報告時，這筆款項的價值超過23億美元（XRP的交易約為2.30美元）。

This unlock constitutes roughly 2% of XRP’s total supply, and about a similar fraction of the circulating supply, making it one of the largest dollar-value unlocks of the year.

該解鎖佔XRP總供應量的大約2％，大約佔循環供應的一部分，使其成為一年中最大的美元價值解鎖之一。

Such a massive release could raise concerns of downward price pressure, as an influx of $2B+ tokens might flood the market.

這樣的大規模釋放可能會引起人們對下降價格壓力的擔憂，因為$ 2B+代幣的湧入可能會淹沒市場。

However, Ripple typically re-locks 60-70% of the released XRP back into escrow and only circulates 30–40% for ecosystem needs.

然而，波紋通常將釋放的XRP的60-70％重新鎖回託管中，只能滿足生態系統需求的30–40％。

Given these practices, the effective circulating increase may be much smaller.

鑑於這些實踐，有效的循環增加可能要小得多。

Thus, while June’s large unlock could spark short-term volatility or trader caution, the actual sell pressure might be limited.

因此，儘管六月的大解鎖可能會引發短期波動或交易者的謹慎，但實際的賣壓力可能受到限制。

Sui (SUI) – Unlock on June 1, 2025

SUL（SUL） - 2025年6月1日解鎖

Sui, a high-profile Layer-1 blockchain token, will unlock 44 million SUI coins on June 1.

SUI是一個備受矚目的第1層區塊鏈令牌，將於6月1日解鎖4400萬個SUI硬幣。

This significant infusion accounts for about 1.32% of SUI’s circulating supply. At recent market prices (∼$3.87 per SUI), the unlock is valued around $170 million.

這種重要的輸液約佔SUI循環供應的1.32％。以最近的市場價格（約3.87美元），該解鎖的價值約為1.7億美元。

This event follows Sui’s prior large unlock on May 1, and is part of the project’s vesting schedule.

該活動遵循SUI在5月1日之前的大型解鎖之後，是該項目歸屬時間表的一部分。

A $170M token release is substantial, even for a top-15 market cap project.

即使對於前15年的市值項目，即使在前15年的市場上限項目中，也要發行1.7億美元的代幣。

It equates to roughly 2-3 days of SUI’s trading volume, which could introduce noticeable selling pressure if recipients choose to sell.

它等同於SUI交易量的大約2-3天，如果收件人選擇出售，這可能會引入明顯的賣壓力。

However, SUI’s price rallied in May despite a major unlock, suggesting much of the supply shock was anticipated.

但是，儘管有重大的解鎖，Sui的價格在5月升起，這表明預計會有很多供應衝擊。

If market sentiment is positive, SUI may only dip temporarily. Still, a short-term pullback or increased volatility around June 1 is possible.

如果市場情緒是積極的，那麼SUI可能只會暫時下降。儘管如此，可能會在6月1日左右的短期回調或增加的波動性。

ZetaChain (ZETA) – Unlock on June 1, 2025

Zetachain（Zeta） - 2025年6月1日解鎖

ZetaChain, an interchain blockchain project, will unlock 44.26 million ZETA tokens on June 1.

Zetachain是一個鍊鍊鏈項目，將於6月1日解鎖4426萬個Zeta令牌。

This unlock stands out because it represents a hefty 5.34% of ZETA’s circulating supply – a much larger relative increase than the other major tokens this week.

該解鎖之所以脫穎而出，是因為它代表了Zeta循環供應量的高度5.34％，這比本週的其他主要標記要大得多。

In absolute terms, the event is smaller, worth roughly $11–12 million at current prices (ZETA ≈$0.28).

從絕對的角度來看，該事件較小，價值約11-12萬美元，目前價格為11.28美元（Zeta≈美元0.28美元）。

ZetaChain is a mid-cap project with a shorter trading history, and this unlock likely comes from early investor or team allocations.

Zetachain是一個中型項目，具有較短的交易歷史記錄，這種解鎖可能來自早期的投資者或團隊分配。

A >5% supply jump in a single day is large and could exert significant short-term downward pressure on ZETA’s price.

一日供應量> 5％的供應量很大，可能會對Zeta的價格施加巨大的短期下降壓力。

With a shallower market and less liquidity than large caps, ZetaChain’s token might see a sharper reaction to new supply.

Zetachain的代幣比大帽子較淺，流動性較少，可能會看到對新供應的敏銳反應。

Traders and holders should be cautious of increased volatility. ZETA could dip noticeably if a substantial portion of these tokens hits exchanges.

交易者和持有人應謹慎行動。如果這些令牌中的很大一部分命中交換，Zeta可能會明顯浸入。