Crypto Projects Set to Unlock $4.5 Billion in Tokens This September
- Approximately $4.5 billion in vested tokens will be unlocked, with $1.17 billion from cliff unlocks and $3.36 billion from linear unlocks.
- Sui (SUI) leads with over $153 million in tokens scheduled for release, having only released 35.1% of its total supply.
- Fasttoken (FTN) follows with $90 million in tokens to be added, representing a smaller relative increase as it has already released over 96% of its supply.
- Aptos (APT) and Arbitrum (ARB) are set to unlock nearly $50 million and about $48 million respectively.
- Other projects like Starknet and Sei will release approximately $16.85 million and $16.49 million respectively.
The upcoming token unlocks reflect a shift in market sentiment as investors focus more on long-term fundamentals rather than short-term impacts of supply changes, according to industry experts.
With Sui unlocking over $153 million this September, the significant release of funds could influence market dynamics as more tokens become available for trading.(Source)