Major Tokens Set for Critical Unlock Phases
According to Token Unlocks data, several high-profile tokens, including ZRO, XPL, and MBG, will begin unlocking this week. Both the quantity and total value of tokens to be released are significant, with expectations for notable effects on market liquidity and token pricing.
LayerZero (ZRO): Unlock Estimated at $44.2 Million
LayerZero (ZRO) will unlock approximately 25.71 million tokens on October 20 at 11:00 UTC, representing 7.86% of the current circulating supply and valued at around $44.2 million. As a widely watched cross-chain protocol token, ZRO’s large unlock volume is expected to draw significant market attention.
Plasma (XPL): Nearly 88.89 Million Tokens Set for Release
Plasma (XPL) is scheduled to unlock roughly 88.89 million tokens on October 25 at 12:00 UTC, representing about 4.97% of the circulating supply. The unlocked supply is valued at approximately $36.9 million and may drive short-term volatility, particularly for short-term and mid-term traders.
MBG, Scroll, SOON, and Other Tokens to Unlock Simultaneously
Beyond ZRO and XPL, several other projects are also unlocking tokens this week:
- MBG (MBG): Unlocks 15.84 million tokens on October 22 at 12:00 UTC, representing 11.97% of the circulating supply and valued at approximately $17.1 million.
- Scroll (SCR): Unlocks 82.5 million tokens at 00:00 UTC the same day, representing 43.42% of the circulating supply, valued at approximately $14.4 million.
- SOON (SOON): Unlocks 15.21 million tokens on October 23 at 08:30 UTC, representing about 4.52% of the circulating supply, valued at $12.8 million.
This cluster of unlock events will introduce substantial new supply into the market in the short term, potentially prompting adjustments in pricing and increases in trading activity.
Additional Key Projects
Several other tokens will also be released throughout the week:
- KAITO (KAITO): Unlocks 8.35 million tokens on October 20 at 12:00 UTC, representing 3.06% of the circulating supply and valued at $8.7 million.
- Humanity (H): Unlocks 62.5 million tokens on October 25 at 00:00 UTC, representing 3.01% of the circulating supply, valued at around $7.3 million.
- Venom (VENOM): Unlocks 59.26 million tokens on October 25 at 08:00 UTC, representing 2.23% of the circulating supply, valued at approximately $6.2 million.
Market Analysis and Potential Impact
With ZRO and XPL leading in unlock value, shifts in supply and demand for these tokens warrant close monitoring. As unlock dates approach, investors may reconsider short-term liquidity and price risks. In the context of heightened market volatility, this concentrated unlock activity could bring temporary selling pressure while presenting strategic entry points for long-term investors.
To explore more Web3 content, register at: https://www.gate.com/
Summary
This week’s token unlock events will dominate market attention, with total unlock value surpassing $100 million. Large-scale unlocks from projects such as ZRO, XPL, and MBG are expected to impact short-term sentiment and capital flows. Investors should stay alert to unlock timelines and market developments, and carefully consider potential risks and opportunities.
