- Over $446 million in altcoins are unlocking this week (Oct 13–20), with FTN, ARB, and SOL leading the list and potential volatility ahead.
- Analysts warn Bitcoin dominance may be peaking, signaling a possible shift toward a new altcoin rally phase.
- Bitcoin Hyper (HYPER) presale hits $23.4 million, offering 50% APY staking and aiming to solve Bitcoin’s speed and scalability issues.
This week could be a bumpy one for crypto markets, with more than $446 million worth of altcoins scheduled to unlock between October 13–20, according to data from Tokenomist. Traders are already bracing for a surge in volatility as these releases hit circulation, with several major tokens set for large one-time unlocks that could spark short-term price swings.
Major Altcoin Unlocks Incoming
Leading the pack is FTN, releasing 4.62% of its supply worth roughly $40.2 million, followed by CONX with $32.93 million and ARB with over 92 million tokens valued at $30.69 million. Meanwhile, DRB will unlock more than 618 million tokens, representing 17.59% of its total supply.
Other notable projects on the list include STRK, SEI, ZK, and APE, each facing varying degrees of unlock pressure. On the linear side, Solana (SOL) leads with a $97.75 million release, followed by Worldcoin (WLD) at $37 million, Trump (TRUMP) tokens at $30.42 million, and Dogecoin (DOGE) at $20.31 million.
While some of these figures represent small percentages of circulating supply, others—like STBL, which is unlocking over 10%—could see noticeable sell pressure if investors rush to take profits.
Bitcoin Dominance Nears a Peak?
Despite Bitcoin holding strong above $115,000, analysts are beginning to call the asset “risky” in comparison to altcoins. Market watcher Dan Gambardello notes similarities between today’s setup and early 2021, a period that preceded a major altcoin breakout.
Bitcoin’s dominance currently sits near resistance levels on several key indicators. If history repeats, it could soon give way to another altcoin season, especially as market risk levels drop and capital rotates from Bitcoin into smaller assets.
Altcoins Enter Accumulation Territory
Risk models show that altcoins are now in a low-risk accumulation phase, with risk scores hovering around 20, far from the overheated 80+ range seen during bull market peaks. Ethereum (ETH) currently sits at a moderate 47, a signal that it may once again lead the next leg of the altcoin rally.
As Gambardello put it, “the setup looks eerily similar to the periods that came right before every major altcoin surge.”
Bitcoin Hyper Steals the Spotlight
Amid all this, Bitcoin Hyper (HYPER) is turning heads with its ongoing presale, raising $23.4 million so far. The project aims to improve Bitcoin’s transaction speed, fees, and scalability through a new Layer 2 design anchored to Bitcoin’s main chain.
Its 50% staking APY and focus on smart contract functionality have caught the attention of early investors, positioning it as one of the more ambitious projects in Bitcoin’s next evolution.