- Around $484M worth of token unlocks are coming between June 30–July 7, led by SUI, ENA, and Solana.
- Solana and DOGE look well-positioned to absorb the new supply, while SUI could face short-term downside.
- Unlocks tend to trigger sell pressure, but gradual releases + strong volume can help soften the blow.
Some of the biggest altcoins on the market—Solana, Dogecoin, SUI, and a handful of others—are about to face a fresh wave of token unlocks this week. And yeah, people are starting to worry. Analysts are flagging potential selling pressure as millions worth of tokens get released into circulation.
Still, despite the looming flood, the broader altcoin space seems to be stabilizing a bit after a rough stretch of volatility.
$484M in Unlocks Incoming—Brace Yourselves
According to WuBlockchain, roughly $484 million worth of tokens are scheduled to be unlocked between June 30 and July 7. That’s a lot of new supply hitting the market in a short window—and some folks are spooked.
Sui leads the pack with a big one-off unlock: 44 million SUI tokens, valued at around $125.39 million, are set to drop all at once. Then there’s Ethena (ENA) and Optimism (OP) with scheduled releases of $58.12M and $18.64M respectively.
For daily linear unlocks, Solana tops that list—releasing about 465,770 SOL, worth close to $70.8 million. That’s just 0.09% of its circulating supply, but still a chunk worth noting.
Other major unlocks include Worldcoin (WLD) with $34.4M and the OFFICIAL TRUMP memecoin unloading $31.5M. Yep, even meme coins are getting in on the unlock action. Dogecoin’s also unlocking 95.5M DOGE—but more on that in a sec.
Other names on the list? Avalanche, Polkadot, Sei, Jito—so yeah, the list runs deep.
Should You Be Worried?
Token unlocks aren’t new. They’re baked into the tokenomics of most projects—it’s just that when they all hit at once, markets tend to wobble. Traders usually brace for the worst: a dip, maybe some extra volatility, especially with this much supply hitting so fast.
But there’s nuance. Unlocks that happen gradually—like Solana’s or Doge’s—can be absorbed better by the market. It spreads out the pressure, makes it easier for buyers to match the supply. Staking and long-term holders can help cushion the impact too.
Still, with volume and open interest high across the board, it wouldn’t take much to shake things up. If sentiment stays fragile, any big unlock could tip the scale.
Solana, DOGE, and SUI Price Reactions
Solana’s sitting around $149.83 at the moment, down slightly by 0.64% in the last day. But trading volume has spiked 17% to $2.8B—which suggests people are active, maybe even expecting the unlock.
DOGE? It’s actually up 0.95%, trading at $0.1656. Volume exploded—like, 104% higher—hitting $726.9M. Only about 0.06% of DOGE’s circulating supply is being released, so the impact there feels minimal. Most traders probably won’t flinch.
SUI, though… different story. It’s set to release 1.29% of its circulating supply. That’s chunky. SUI is already down 0.78% in the past 24 hours, trading at $2.79. The next week might be a rough one.
