BLAST and ACX head this week's $250M token unlocks

Token unlock events totaling over $250 million are scheduled for June 23 to June 30 as per Tokenomist data.

Blast and Across Protocol lead large cliff unlock categories, while Solana heads linear unlock schedules across multiple cryptocurrency projects during the upcoming week.

BLAST leads large token cliff unlocks

Blast tops the cliff unlock schedule with 10.50 billion BLAST tokens valued at $21.71 million, accounting for 55.32% of the unlock supply during the June 23 to June 30 period. This represents the largest single token unlock event by value among major cliff releases scheduled for the week.

Across Protocol follows as the second-largest cliff unlock with 100.00 million ACX tokens worth $13.82 million, comprising 80.00% of the unlock supply. The ACX unlock affects a substantial portion of the circulating token supply compared to other projects in the cliff unlock category.

Venom ranks third with 59.26 million VENOM tokens valued at $10.00 million and accounts for 2.45% of the unlock supply. SOON has put 41.88 million tokens valued at $8.26 million up for cliff release and affects 21.43% of the unlock supply during the period.

AltLayer concludes the large cliff unlocks with 240.10 million ALT tokens valued at $6.38 million, or 6.84% of the unlock value. Cliff unlocks are large one-time releases of tokens valued at more than $5 million, and they may impose selling pressure on associated token markets.

The total cliff unlock value for these five large projects is approximately $60 million, and BLAST and ACX together account for the majority of the week’s total cliff unlock amount.

Solana heads linear unlocks

As per Tokenomist data, Solana dominates the linear unlock category with 465.77K Solana tokens amounting to $61.83 million, which accounts for 0.09% of circulating supply. The SOL unlock follows a daily release schedule rather than a big unlock.

Worldcoin ranks second with 37.23 million WLD tokens worth $30.71 million and 2.69% of circulating supply. Celestia has 50.40K TIA tokens worth $15.45 million to be linearly released, affecting 0.57% of circulating supply over the period.

Dogecoin includes 95.89 million DOGE tokens valued at $14.69 million in daily unlocks, which represent 0.06% circulating supply. Avalanche linear unlocks possess 700.00K AVAX tokens valued at $11.65 million, which represent 0.17% circulating supply.

There are also linear distributions like Sui with 3.35 million SUI tokens worth $8.34 million and with 0.10% of supply, MORPHO with 6.96 million tokens worth $8.07 million, and ETHFI with 8.46 million tokens worth $7.16 million.

Polkadot schedules 2.30 million DOT tokens valued at $7.27 million, while IP releases 2.32 million tokens worth $7.17 million. Jupiter completes major linear unlocks with 4.20 million JTO tokens valued at $8.32 million through daily release mechanisms.

Less popular unlocks face varying market pressures

Several cryptocurrency projects with lower market visibility prepare for unlock events during the June 23 to June 30 period as per CoinMarketCap data. Silencio leads this category with 1 billion SLC tokens scheduled for unlock, valued at $145,584.5 and comprising 0.01% of total locked supply.

Exverse follows with 9.34 million EXVG tokens worth $38,843.31, representing 2.34% of total locked tokens. Current unlock progress shows 42.83% completion. LightLink schedules 21.27 million LL tokens valued at $268,633.58 for unlock, representing 2.13% of total locked supply.

GameSwift maintains 32.02% unlock progress with 21.11 million GSWIFT tokens worth $133,467.48 scheduled for release. PLEXUS shows stability with 0.00% daily change at $0.01498, scheduling 9.87 million PLX tokens valued at $147,907.57. The project maintains 60.05% unlock progress with a market capitalization of $2,971,899.

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