This is the reality — there’s been a lot of hype that the 46 million token unlock would send $LAYER skyrocketing, but instead, the price dropped. Why?

Because a token unlock doesn't guarantee a pump. In fact, it often adds selling pressure. Think of it this way: when a large number of new tokens are released into the market, early holders or insiders might sell to take profits—especially if the token has already pumped before the unlock. That creates more supply than demand, pushing the price down.

Let’s say you’re holding a rare collectible and suddenly 10,000 more are released into the market. The value of yours drops, right?

Same logic here. Unless there’s strong demand or a use case to match that sudden supply, price usually falls or stays flat. So, instead of blindly expecting a rally after an unlock, it’s smarter to analyze market sentiment, volume, and whether those unlocked tokens are actually entering circulation or sitting idle in wallets.