- Major token unlocks worth $349M, including NEON, ADA, and SOL, may impact market liquidity and trading volumes this week.
- Cliff and linear unlocks for NEON, BANANA, SOL, and others are set to boost circulating supply, potentially affecting prices.
- Investors should watch for buying opportunities as unlocks increase token supply, possibly triggering price fluctuations in the market.
In the coming week, over $349 million worth of major cryptocurrency token unlocks will hit the market. This includes both cliff and linear unlocks from November 4 to November 11, affecting tokens such as NEON, BANANA, ADA, SOL, and others. With these scheduled releases, investors are closely monitoring potential impacts on market prices, trading volumes, and liquidity.
Cliff Unlocks to Increase Supply Significantly
Cliff unlocks are set to release substantial amounts, led by NEON with 53.91 million tokens valued at $20.18 million. This release will add 44.92% of NEON’s circulating supply to the market. BANANA follows with 250,000 tokens worth $12.62 million, contributing 7.21% to its supply.
ADA’s release of 37.06 million tokens is valued at $12.44 million, representing only 0.10% of its circulating supply. Other tokens, like XAI, BGB, and AGI, will also see large releases, with values ranging from $6.47 million to $5.64 million. These releases can increase market liquidity and potentially exert downward pressure on token prices, depending on investor actions.
Linear Unlocks Led by SOL and WLD
Besides cliff unlocks, linear token unlocks are also significant, with SOL leading this category. SOL will release 524,030 tokens valued at $85.86 million, making up 0.11% of its supply. WLD’s release will add 37.23 million tokens, valued at $65.15 million, representing 6.16% of its supply.
Other tokens, such as TIA, TAO, and AVAX, will add values ranging from $31.95 million to $16.65 million. Linear unlocks are aimed at gradually increasing supply, reducing the risk of market disruption, while enhancing liquidity.
Market Implications for Investors
Scheduled token unlocks are designed to avoid flooding the market by gradually releasing tokens. These events can affect price trends, as an increased supply might lead to downward pressure if investors decide to sell. However, they can also boost trading volumes, attracting more participants. For investors, understanding these unlock schedules is crucial for effective risk management.
These unlock events provide potential buying opportunities if prices drop but may also signal risks of short-term sell-offs. By analyzing unlock trends and patterns, such as those in ADA and SOL, investors can make informed decisions.
