- The crypto market will experience $220 million worth of token unlocks next week.
- ARB, APT, SAND, and STRK lead the unlocks with over $180 million combined unlocks.
- CYBER, ENA, and RENDER will see further unlocks, adding to previous hikes in their circulating supply.
Token unlocks data on Friday reveals that the crypto market will see $220 million worth of tokens entering circulation next week amid signs of recovery from the recent market crash. This marks the second consecutive week of unlocks greater than $200 million.
Crypto market to witness $220 million token unlocks
The crypto market will see certain projects releasing tokens into circulation next week, including Aptos (APT), The Sandbox (SAND), Arbitron (ARB), Starknet (STRK), CYBER, Ethena (ENA), Render (RENDER), io.net (IO), Moonbeam (GLMR), Nym (NYM), Euler (EUL), and Forta (FORT). Token Unlocks data shows these projects will release tokens worth $220 million into their circulating supply.
The projects with the highest release include APT, SAND, and ARB; each seeing unlocks value worth $64 million, $54 million and $53 million, respectively.
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