加密市场将进行重大转变，因为重大项目为大规模令牌解锁做准备

代币主义者的数据表明，价值超过10亿美元的投资者代币将跨多个项目进入流通

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）在内的主要加密货币项目正在准备在接下来的几个月中解锁大规模的代币，为加密货币市场的重大转变奠定了基础。

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.

根据Tokenomist的数据，价值超过10亿美元的投资者持有的代币将跨多个项目进入流通。这种发展可能对价格稳定和更广泛的市场趋势产生影响。

ETHFI and ZRO Tokens Face Major Releases

Ethfi和Zro令牌面对主要版本

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.

在最大的解锁中，Etherfi和lyezero将分别释放2.74亿美元和2.76亿美元的代币。这两个项目是2024年最大的投资者代币的前四个项目之一。

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

这些大型解锁可能会对各自市场施加巨大的短期压力，因为令牌很快可用于交易。

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）项目已发布超过7亿美元的投资者排放。但是，解锁将在时间表更长的时间内发生 - 从现在开始超过一年。

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

尽管延长的时间表可能会立即减轻市场影响，但这些排放的巨大规模仍然是关键因素。

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）这样的令牌将释放其总代币供应量的30％以上。这些相当大的分配可能会影响未来几个月的投资者决策和价格波动。

Rapid vs. Gradual Token Supply Increases

快速与逐渐令牌供应增加

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等项目将在一年内完全释放其投资者分配。这将迅速增加循环的令牌供应和潜在的销售压力。

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）具有更多逐渐解锁的时间表，延伸到2027 - 2028年，以供其全部投资者代币解锁。这会在更长的时间内散发销售压力，并减少直接市场影响。

Monitoring Token Unlocks Is Key for Investors

监视令牌解锁是投资者的关键

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.

这些解锁事件是潜在市场运动的关键指标。 Rez和Spec等低空浮动（FFDV）令牌可能会随着供应潮的潮流而越来越大的波动性。但是，由于排放量相对于排放，贝拉（Bera）和Zro等高FFDV项目可能会看到更多受控的价格行动。

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

随着主要的解锁接近，令牌持有人将需要密切关注这些发展，并监视这些销售压力的任何迹象。