LayerZero (ZRO) and KAITO spearhead $411 million in token unlocks this week
Major Token Unlocks: LayerZero and KAITO are set to unlock a combined total of $411 million in tokens, with LayerZero releasing 25.71 million ZRO tokens worth $52.44 million and KAITO unlocking 23.35 million tokens valued at $25.05 million.
Impact of Major Unlocks: The three significant single token unlocks (LayerZero, KAITO, and SOON) will introduce over $88 million in new supply to the market, potentially causing short-term price volatility as the market adjusts.
Linear Unlock Schedules: Solana leads the linear unlock category with 506.47K SOL tokens being released gradually, while other projects like TRUMP, Worldcoin, and Dogecoin also contribute to continuous market pressure through their scheduled unlocks.
Smaller Projects' Unlock Progress: Smaller projects like PlayZap, Reddex, and KARRAT are nearing completion of their unlock schedules, with varying percentages of their total locked supplies set to be released soon.
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