Token Unlocks Worth $653M Set for This Week Including SUI and OP

More than $653 million worth of crypto tokens are set to be unlocked this week, according to data from Tokenomist. The upcoming unlocks include major assets such as SUI, GRASS, EIGEN, JUP, OMNI, ENA, ZORA, KMNO, OP, IMX, SIGN and ZETA, among others. The report, shared by Wu Blockchain, highlights both a one-time “cliff.” That unlocks ongoing linear daily releases across leading blockchain projects.

Major Cliff Unlocks Lead the Week

Between October 27 and November 3, several large cliff unlocks will hit the market. It potentially affects short-term price movements. SUI leads the list with a release of 43.96 million tokens. It is valued at roughly $119.13 million representing 1.21% of its circulating supply. Following SUI, GRASS will unlock 181 million tokens worth $80.73 million. This accounts for a massive 72.4% of its total supply. This makes GRASS one of the most impactful unlocks of the week. 

EIGEN comes next with 36.82 million tokens valued at $43.82 million. About 12.1% of its circulating supply. Other notable cliff unlocks include JUP ($23.56M), OMNI ($20.77M), ENA ($21.35M) and ZORA ($16.3M). Meanwhile, KMNO ($15.13M), OP ($14.75M) and IMX ($13.8M) also feature among the significant releases. Smaller but still notable unlocks include SIGN ($12.34M) and ZETA ($5.59M). This may add to overall selling pressure in the market.

Continuous Daily Unlocks Add Market Flow

In addition to the cliff unlocks, several projects will see linear daily unlocks exceeding $1 million per day. These include high-cap tokens such as SOL, WLD, TRUMP, DOGE, AVAX, IP, ASTER, TAO, ETHFI, TIA, DOT and SUI. Solana leads the daily releases with 494,930 tokens worth $100.84 million. Though this represents just 0.09% of its total supply. 

It minimizes its dilution effect. Worldcoin (WLD) follows with 37.23 million tokens valued at $35.43 million. While TRUMP tokens worth $30.66 million are also set to unlock. Other steady daily releases include DOGE ($19.87M), AVAX ($14.64M), and IP ($13.01M). Projects like ASTER, TAO, ETHFI, TIA, DOT and SUI are expected to see unlocks. Ranging from $6 million to $12 million, each contributes to the overall liquidity inflow.

Impact on the Market

Large scale token unlocks often attract attention from traders due to their potential effect on price volatility. When tokens previously locked for investors, developers or early backers enter circulation. It can temporarily increase selling pressure, especially if the unlocked share is significant. But not all unlocks result in price drops. Some projects use scheduled releases to fund ecosystem growth, liquidity provision or staking rewards. This helps maintain balance in token distribution. Investors typically monitor unlock data to anticipate short-term trends and adjust positions accordingly.

Growing Transparency in Tokenomics

The growing availability of detailed unlock schedules from sources like Tokenomist. It reflects a broader push for transparency in tokenomics. Clear data allows retail and institutional investors to make informed decisions. About potential supply changes and their implications. As the crypto market continues to mature, understanding unlock cycles is becoming a key part of portfolio strategy. With over $653 million in tokens set to enter circulation this week. Market participants will be watching closely to see which assets can absorb the new supply. Without losing momentum and which might face increased pressure in the days ahead.