- Arbitrum is leading the token unlock events this week with 96 million ARB tokens, worth $51 million, expected to be released.
- Worldcoin will have the largest linear unlock, with 37.23 million WLD tokens valued at over $85 million.
October is shaping up to be a big month for token unlock events, with over $1 billion worth of tokens set to be released.
While some tokens have already been released, several major projects, including Arbitrum (ARB) and Cardano (ADA), are planned for this week.
Arbitrum, Axie Infinity, responsible Eigen
According to data from Token Unlocks, several major projects will see significant unlocks in the coming days.
Arbitrum is leading the pack, ready for the biggest release this week. Approximately 96 million ARB tokens, worth approximately $51 million, will be released, representing 2.65% of the total ARB supply.
This event could have a significant impact on Arbitrum prices and market dynamics.
After Arbitrum, Axie Infinity (AXS) is expected to release 9.25 million AXS tokens worth over $43 million. These tokens represent 6.08% of the total AXS supply, making it one of the most important events of the week.
Next on the list is Eigenlayer (EIGEN), which will see the unlocking of 11.22 million tokens worth over $40 million. These tokens represent 6.01% of the total supply, making it the third largest event of the week.
Investors and traders will closely monitor the market impact of the release of these new tokens.
Other notable token unlock events to watch out for
In addition to the major token unlocks mentioned above, several other projects are expected to release this week. Starknet (STRK), ApeCoin (APE) and Cardano are some of the top projects.
Starknet will release 64 million STRK tokens, worth approximately $27.3 million, or 3.30% of its supply.
Meanwhile, ApeCoin will unlock 15.60 million APE tokens, worth approximately $11.42 million, or 2.31% of the supply.
For Cardano, 18.53 million ADA tokens will be released this week, worth approximately $6.4 million.
Although smaller than some other projects, the Cardano event is still important because it adds liquidity to the market and can affect ADA’s price action.
Linear unlocking also programmed
In addition to these cliff unlock events, several projects will see linear unlocks this week.
Worldcoin (WLD), Solana (SOL), Dogecoin (DOGE), and Sui (SUI) will see their tokens gradually released, impacting their market dynamics over time.
Worldcoin will see the release of 37.23 million tokens worth over $85 million, making it the largest linear event of the week. Solana was close behind, with 524,000 tokens unlocked, worth almost $80 million.
