The token unlocks that will hit the cryptocurrency market between December 16 and 23 are valued at approximately $843 million.
The launches are divided into two different categories: cliff unlocks, led by the launch of Arbitrum’s ARB token, and linear unlocks, led by Worldcoin’s WLD token.
The unlock schedule involves both major layer 1 blockchain tokens and new protocol tokens, with different impacts on their respective circulating supplies.
Arbitrum Leads in Unlocking Big Cliff Tokens
ARB is leading the upcoming cliff token unlocks, with 92.65 million tokens valued at approximately $96.81 million scheduled for release. According to Tokenomist, this unlock represents 2.26% of the circulating supply of ARB. It’s the largest single unlock event by value next week.
Mars Protocol (MRS) and Space ID (ID) also feature notable unlocking events. MRS is releasing 10 million tokens worth $66.60 million (11.87% of its circulating supply), and ID is unlocking 78.49 million tokens worth $42.55 million (18.23% of its circulating supply). These percentages are within the range where they could have a major impact on the markets, particularly for Space ID, where unlocking represents a substantial portion of the available tokens.
The next level of big cliff unlocks includes ApeCoin (APE) and QAI Token (QAI). APE is releasing 15.60 million tokens valued at $25.59 million (2.16% of supply), and QAI is unlocking 232,350 tokens worth $22.38 million (5.16% of supply ). Cardano (ADA) joins the list with an unlock of 18.53 million tokens, valued at $20.38 million, although its impact on the circulating supply is relatively minimal at 0.05%.
Elrond eGold (ENA) is launching 12.86 million tokens valued at $16.60 million (0.44% of supply). Another potentially significant unlock is the Mura token (MURA), with an unlock of 20 million tokens worth $14.58 million, representing 34.84% of its circulating supply.
Rounding out the cliff token unlock schedule are Pixel (PIXEL) with 54.38 million tokens ($12.87 million, 7.05% of supply), Prime (PRIME) unlocking 750,000 tokens ($11.30 million, 1 .46% of supply) and Eigen Layer (EIGEN) with 1.29 million tokens ($6.67 million, 0.61% of the offer).
Additionally, Karrat Protocol (KARRAT) is launching 11.25 million tokens ($5.88 million, 6.98% of supply), ACE with 1.80 million tokens ($5.18 million, 4.26% of supply) and CATI Protocol (CATI) with 9.90 million tokens ($5.11). million, 4.81% of the offer).
Worldcoin leads linear token unlocking
The linear unlock schedule is led by Worldcoin (WLD) and Solana (SOL). WLD is preparing to release 37.23 million tokens valued at $116.15 million (4.80% of circulating supply) and SOL is unlocking 524,030 tokens worth $118.54 million (0.11% of supply). These two projects account for almost 28% of the total linear unlock value for the week.
A substantial second tier of linear unlocks includes the TIA Protocol (TIA), which releases 6.99 million tokens valued at $49.13 million (1.54% of the supply), and Dogecoin (DOGE), with 94. 47 million tokens worth $38.82 million (0.06% of supply). Additionally, Avalanche (AVAX) is unlocking 700,000 tokens valued at $35.99 million (0.17% of supply). TAO Protocol (TAO) follows with 50.40 million tokens at $29.43 million (0.68% of supply).
Mid-range linear token unlocks feature several prominent blockchain platforms. These include Polkadot (DOT), which released 2.81 million tokens ($25.61 million, 0.18% of supply), NEAR Protocol (NEAR), with 2.97 million tokens ($20.67 million dollars, 0.24% of the supply), and SEI Network (SEI), which unlocked 26.97. million tokens ($16.33 million, 0.64% of supply). Filecoin (FIL) also joins in with 2.24 million tokens worth $15.45 million (0.37% of the supply).
Less Popular Coin Unlocks and Market Impact
SuperRare (RARE) stands out with the highest unlock progress at 83.72% of its total schedule. The project will release 13.34 million RARE tokens, valued at approximately $1.94 million. Currently trading at $0.1458 with a price increase of 2.81% in the last 24 hours, RARE maintains a market capitalization of $104.68 million, suggesting relative market stability despite the impending unlock .
Information about token unlocking for RARE, NAI, MSTAR, APE and STG. Source: CoinMarketCap
Upcoming unlocks include several mid-market cap projects, with much of their offering becoming available. Notably, Nuklai (NAI) will release 371.3 million tokens worth $3.66 million, representing 3.89% of the tokens locked, while its price has recently decreased by 9.71%.
MerlinStarter (MSTAR) follows with an unlock of 36.44 million tokens valued at $556,532, representing 5.64% of the locked tokens. Particularly worth noting is Stargate Finance (STG), which shows the highest unlock progress among the group at 94.43%. The protocol will release 14.72 million STG tokens valued at $5.14 million, representing 1.47% of the total tokens locked. This high unlock progress suggests that the project is close to completing its vesting schedule, which could have implications for the long-term price stability of the tokens.
These coordinated token unlocks, occurring in such a short period of time, can affect the prices of the respective coins.
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