The cryptocurrency market is bracing for a potentially volatile week as 17 altcoins are set to unlock approximately $581 million worth of tokens, according to data from Tokenomist. These scheduled unlocks, comprising both large-scale one-time events and ongoing gradual releases, may exert notable downward pressure on prices due to the sudden increase in circulating supply.
Major Token Unlocks (May 19–May 26)
Leading the list is PYTH, with an estimated $324.09 million in tokens set to be released—representing a significant 58.62% of its previously locked supply. This sharp increase in circulating tokens could lead to notable market fluctuations.
Other significant one-time unlocks include:
ALT: $8.27 million (7.34% of locked supply)
VENOM: $6.13 million (2.51% of locked supply)
These substantial releases are expected to have a more immediate and pronounced impact due to the abrupt nature of the supply influx.
Gradual Token Unlocks (May 19–May 26)
A number of projects will gradually release tokens throughout the week. While the percentage of unlocked supply may be smaller, the total dollar values remain substantial:
Solana (SOL): $78.64 million (0.09%)
Worldcoin (WLD): $43.18 million (2.69%)
Celestia (TIA): $18.72 million (1.10%)
Dogecoin (DOGE): $21.90 million (0.06%)
Bittensor (TAO): $21.04 million (0.59%)
Avalanche (AVAX): $15.83 million (0.17%)
Sui (SUI): $12.89 million (0.10%)
Polkadot (DOT): $10.86 million (0.15%)
IP: $11.20 million (0.86%)
Morpho (MORPHO): $11.27 million (2.57%)
NEAR Protocol: $8.24 million (0.24%)
EtherFi (ETHFI): $11.26 million (3.53%)
Jito (JTO): $8.11 million (1.29%)
Filecoin (FIL): $7.30 million (0.39%)
Market Impact and Investor Considerations
Token unlocks can significantly influence short-term price action, particularly in markets with lower liquidity. Projects such as PYTH, WLD, and ETHFI, with higher percentages of new supply entering circulation, are especially vulnerable to volatility.
Unlock events exceeding 1% of a project’s total supply merit close attention, as they carry a heightened risk of short-term price disruptions. Investors are encouraged to practice caution and implement active risk management strategies during this high-volume unlock period.
Stay Informed: Monitor unlock schedules and on-chain activity to anticipate potential price shifts. Awareness and timely decision-making can help mitigate risk during these key market events.