TL;DR
- Between May 25 and June 1, $549 million in tokens will be unlocked, with Sui and Bio Protocol handling most of the volume.
- Cliff unlocks will release $279.6 million, led by Sui with $154.42 million and Bio Protocol with $27.75 million unlocked.
- Solana leads linear unlocks with $81.30 million. Several smaller projects will carry out partial, gradual unlocks.
The crypto market is heading into a week marked by heavy pressure on circulating supply. Between May 25 and June 1, $549 million in tokens from various projects will be released into circulation. Most of this volume comes from Sui and Bio Protocol, two companies leading the unlock schedules planned for these days.
Unlock events fall into two categories. Cliff unlocks release large amounts of tokens all at once on preset dates. Linear unlocks, on the other hand, gradually increase supply to avoid a sharp market impact. This week, cliff unlocks will account for $279.86 million across nine different projects.
Sui Leads the Cliff Unlocks
Sui will carry out the largest individual unlock, releasing 44 million tokens valued at $154.42 million. This figure represents 1.32% of its total token supply and stands as the highest-value unlock of the week. Bio Protocol follows with 339.08 million tokens unlocked, worth $27.75 million, representing 19.84% of its locked supply. Optimism comes next with $23.77 million, followed by KMNO with $15.12 million, along with several other projects contributing notable amounts.
Solana Tops the Linear Unlocks
At the same time, Solana leads the linear unlock category with 465,770 tokens valued at $81.30 million entering circulation. While this amount only represents 0.09% of its circulating supply, it stands out for its dollar value. Worldcoin is next with a $52.49 million unlock, followed by TAO, DOGE, and TIA, each carrying out multimillion-dollar unlocks during the week.
Several lower-cap projects will follow their own unlock schedules with varied progress. NFPrompt has already unlocked 44.76% of its supply and is preparing a new $1.25 million release. Metahorse Unity, TOPGOAL, Sable Finance, and Bowled.io will also add small amounts to the market, though their individual impact remains limited. Still, the steady accumulation of these smaller unlocks adds continuous pressure on their respective token prices
