Crypto tokens worth approximately $653 million will be released in circulation this week.
Investors are paying attention to potential price fluctuations for several key assets. Data on the Tonomist website shows a one-off unlock between August 11th and August 18th.
Heavy supply waves
FastToken (FTN) boasts the largest cliff unlocking consisting of a small token of a supply of 20 million tokens, valued at a set of $91.6 million. Next is the GameFi platform Cheelee. It is set to release $88.87 million worth of steel tokens.
Other major events are flooded with Arbitrum (ARB) with $43.91 million tokens with 92.65 million tokens, as well as the price of 11.3 million coins and $53.72 million from Aptos (APT). Elsewhere, Avalanche has unlocked 167 million Avax tokens worth $40.15 million, while SEI has 55.56 million native Cryptos locked in the circulation at $18.13 million.
Meanwhile, Solana (SOL) leads daily linear unlocking with 465,770 tokens worth $93.18 million over a week, at around $13.4 million a day. This release comes at a critical time for SOL. SOL, which rose 14.2% to 14.2% in the past week, down from 36.9%, a January all-time high, but is helping to increase institutional interest.
As of August 10, four public companies, Upexi, Defi Developments Corp, Sol Strategies and Torrent Capital, collectively own SOLs of over $591 million, according to Coingecko. Their shares, which amount to 3.5 million tokens, represent 0.65% of the assets' distribution supply.
Playing cards, doges, layers
Meanwhile, US President Donald Trump's official Trump (Trump) tokens will release 4.89 million units worth $45.92 million. The team will distribute about $6.52 million worth of meme coins daily for the next seven days, accounting for 2.45% of the supply.
The Sam Altman-Linked WorldCoin project adds 37.23 million of native WLD cryptocurrencies worth $40.5 million.
Other important daily unlocks come from Bittensor (TAO), which is set to release 50,400 tokens worth $19.87 million, and Dogecoin (Doge), which will pour 95.49 million tokens worth $2,222.09 million into the market. Doge has struggled to lift himself up in the last 24 hours, at which point he has subtly won around $0.23.
However, performance has been far better over the last seven days, with OG meme tokens rising more than 18% over that period, with heavyweight investors recently winning $1 billion for around $200 million in a day, bringing distribution supply to about 50%.
Elsewhere, Layerzero (Layer), an interoperability protocol that has just announced a $110 million full visual proposal to acquire Stargate, is also planning to unlock the $17.44 million cliff. At the time of writing, the layer rose 26.5% in the last 24 hours as the market responded to news of Stargate trading.
It also rose more than 42% in the past week, significantly surpassing the global crypto market, managing a 7% rise over that period.