The crypto market is gearing up for a wave of major token unlocks in early 2025, which will see over $13 billion worth of assets released into circulation between January 19 and 2,6.
The biggest unlock will be carried out by the developers of Ondo Finance - on January 18, 1,94 billion ONDO tokens worth about $2,42 billion will appear on the market. Given that there are currently 1,38 billion ONDO in circulation, and their market capitalization is $1,8 billion, this issue can significantly change the supply and demand ratio of the digital asset.
On January 16, 2,2% of the total token supply will appear on the market Arbitum , which are currently valued at $69,32 million. On the same day, STRK tokens worth $27,55 million, SEI and ENA Ethena tokens worth $21,06 million and $11,98 million, respectively, will be unlocked.
Other major unlocks coming next week include: apecoin APE ($17,32 million), Echelon Prime PRIME ($10,07 million), CLOUD ($8,28 million), PIXEL ($7,68 million), and EIGEN ($4,16 million).
The next major token unlock will not take place until mid-March 2025.
Token unlock events often create both opportunities and challenges. The influx of large amounts of cryptocurrency leads to price volatility and usually results in a decline in the rate. This is due to investors selling them to make a profit or minimize losses.