Tokens worth over 389 million USD are scheduled for release between May 5 and May 12, led by LAYER.
According to Tokenomist data, the upcoming unlocks include two different events. LAYER will lead the unlocks with 27.02 million tokens valued at 86.73 million USD entering trading, while Solana will lead the linear unlocks with 465,770 SOL valued at 67.27 million USD.
■LAYER is releasing tokens worth 86.73 million USD
LAYER defines the future token release schedule, as it will launch 27.02 million tokens valued at 86.73 million USD. This release represents 12.87% of LAYER's total token issuance, which is the largest by value among all token releases during this period.
LAYER is releasing the ENA token, which has 171.88 million tokens valued at 49.52 million USD pending release. The issuance of ENA will increase its available supply by 3.10%, making it the second largest value of its kind.
10 million tokens for SPEC will be available for release valued at 21.30 million USD. This represents a significant share of 48.51% of its available supply. This percentage is high, meaning more tokens will be launched, which may change the token market status.