$SUI Sui Network (SUI) is set to unlock approximately $317.35 million worth of tokens in the upcoming week, marking a significant event in its tokenomics schedule.

📅 Upcoming Token Unlock Details

The scheduled unlock involves the release of 64.19 million SUI tokens, representing about 2.19% of the circulating supply. This release is part of Sui’s monthly unlock program, which has been ongoing since November 2024. The tokens are primarily allocated to Series A and B investors, early contributors, and the community, with the largest share going to investors .

📉 Potential Market Impact

Historically, token unlocks can lead to increased market supply, potentially exerting downward pressure on prices. However, the actual impact depends on how these tokens are utilized post-unlock. If a significant portion is allocated for project development, community incentives, or stra$tegic partnerships, the immediate selling pressure may be mitigated .

📊 Current SUI Market Snapshot

Sui (SUI)

$3.60

Investors should monitor market trends closely as the unlock date approaches to assess any potential impacts on SUI's price and market dynamics.