TL;DR
- A whopping $484 million in tokens will unlock June 30–July 7, led by $229 million in cliff releases from SUI ($125 M), ENA ($58 M), OP, KNMO, ZETA, and NEON.
- Daily drip unlocks include 465,770 SOL (~$71 M), 37.2 M WLD ($34 M), 3.45 M TRUMP ($32 M) plus ongoing emissions of DOGE, TAO and TIA.
- Mid-cap and niche projects like KNMO, NEON, Hooked Protocol, and DeBox face large supply boosts, risking steeper swings in thinner markets.
As July kicks off, the crypto market braces for a staggering $484 million worth of tokens set to flood circulation between June 30 and July 7. From hefty cliff releases to steady daily drips, a broad spectrum of blue‐chips and niche altcoins will see fresh supply hitting the order books. Here’s how the biggest unlocks break down, and what traders should watch.
Cliff Releases: SUI, Ethena & the Big Six
Nearly half of this week’s unlocks arrive in one‐time cliff events, unleashing roughly $229 million in new tokens. Leading the charge, Sui will drop 44 million tokens (about $125 million) in a single tranche. Close behind, Ethena’s 212.5 million ENA tokens ($58 million) will ripple through its market, representing over 3 percent of the circulating supply.
Optimism (31.3 million OP, $19 million), Kamino (229 million KNMO, $14 million), ZetaChain (44 million ZETA, $8 million), and Neon (54 million NEON, $5.5 million) round out the top six. Significant cliff unlocks frequently lead to immediate selling pressure, positioning this cluster as one of the week’s most unstable flashpoints.
Solana and Linear Unlock Drip
On the linear front, Solana stands out again, 465,770 SOL tokens (roughly $71 million) will trickle out daily rather than in one lump sum. Worldcoin will release 37.2 million WLD ($34 million), while the Official Trump token (TRUMP) will unlock 3.45 million units ($32 million).
Bittensor’s TAO (50,400 tokens, $17 million), Dogecoin’s DOGE (95.5 million, $16 million), and Celestia’s TIA (6.96 million, $10 million) also have significant daily schedules. Even Avalanche, Sui (with an additional 3.35 million tokens), Morpho, Ether.fi, Polkadot, Sei, and Jupiter tokens are gradually introducing new supplies into the markets.
Mid-Cap and Niche Token Unlocks
Beyond the household names, smaller protocols face outsized unlocks. Mid-cap tokens like KNMO and NEON will see double-digit percentages of their total supply liberated, raising deeper liquidity concerns.
Meanwhile, emerging projects such as Hooked Protocol, AC Milan Fan Token, and DeBox will each deliver millions in tokens, sometimes accounting for over 15 percent of their locked reserves. These smaller unlocks can wreak havoc on thinly traded markets, with low-cap tokens prone to steeper price swings.
