即将举行的令牌解锁活动的关键要点

计划在2025年5月26日至6月1日之间举行了几项重要的令牌解锁活动。这些版本可能会将大量的新供应引入市场

Key Takeaways:

关键要点：

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日之间，几个主要的加密货币代币安排了重大解锁事件。

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

这些发行版可能会为市场增加大量的新供应，并可能影响代币的价格。

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

我们分析了每个主要解锁，强调了令牌的数量，供应百分比以及美元的估计值。

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

考虑到令牌的供应和市场流动性，我们还讨论了每种解锁的潜在市场影响。

Optimism (OP) – Unlock on May 31, 2025

乐观（OP） - 2025年5月31日解锁

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.

乐观是一种流行的以太坊2层令牌，将于5月31日解锁3134万个OP。这约占乐观循环供应的1.8％。

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

以目前的价格（每OP 0.82美元），该解锁的价值约为25-30万美元。

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

该计划发布是OP归属内部人士（可能是投资者或团队分配）的一部分。

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

鉴于乐观的巨大市值（接近14亿美元），供应量增加1.8％相对较小。

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

以前的OP线性发行已被吸收，没有主要价格波动。

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

但是，如果持有人决定立即出售，则可能在解锁日期左右发生一些短期波动。

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.

由于已提前知道该解锁，因此可能会定价，如果整体市场情绪仍然看涨，任何蘸酱都可能是短暂的。

Ripple (XRP) – Unlock on June 1, 2025

Ripple（XRP） - 2025年6月1日解锁

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将于6月1日或在6月1日左右从托管中解锁10亿XRP，这是其每月发布时间表的一部分。

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

在报告时，这笔款项的价值超过23亿美元（XRP的交易约为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.

该解锁占XRP总供应量的大约2％，大约占循环供应的一部分，使其成为一年中最大的美元价值解锁之一。

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

这样的大规模释放可能会引起人们对下降价格压力的担忧，因为$ 2B+代币的涌入可能会淹没市场。

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

然而，波纹通常将释放的XRP的60-70％重新锁回托管中，只能满足生态系统需求的30–40％。

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

鉴于这些实践，有效的循环增加可能要小得多。

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

因此，尽管六月的大解锁可能会引发短期波动或交易者的谨慎，但实际的卖压力可能受到限制。

Sui (SUI) – Unlock on June 1, 2025

SUL（SUL） - 2025年6月1日解锁

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

SUI是一个备受瞩目的第1层区块链令牌，将于6月1日解锁4400万个SUI硬币。

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.

这种重要的输液约占SUI循环供应的1.32％。以最近的市场价格（约3.87美元），该解锁的价值约为1.7亿美元。

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

该活动遵循SUI在5月1日之前的大型解锁之后，是该项目归属时间表的一部分。

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

即使对于前15年的市值项目，即使在前15年的市场上限项目中，也要发行1.7亿美元的代币。

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

它等同于SUI交易量的大约2-3天，如果收件人选择出售，这可能会引入明显的卖压力。

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

但是，尽管有重大的解锁，Sui的价格在5月升起，这表明预计会有很多供应冲击。

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

如果市场情绪是积极的，那么SUI可能只会暂时下降。尽管如此，可能会在6月1日左右的短期回调或增加的波动性。

ZetaChain (ZETA) – Unlock on June 1, 2025

Zetachain（Zeta） - 2025年6月1日解锁

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

Zetachain是一个链链链项目，将于6月1日解锁4426万个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.

该解锁之所以脱颖而出，是因为它代表了Zeta循环供应量的高度5.34％，这比本周的其他主要标记要大得多。

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

从绝对的角度来看，该事件较小，价值约11-12万美元，目前价格为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是一个中型项目，具有较短的交易历史记录，这种解锁可能来自早期的投资者或团队分配。

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

一日供应量> 5％的供应量很大，可能会对Zeta的价格施加巨大的短期下降压力。

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

Zetachain的代币比大帽子较浅，流动性较少，可能会看到对新供应的敏锐反应。

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

交易者和持有人应谨慎行动。如果这些令牌中的很大一部分命中交换，Zeta可能会明显浸入。