Solana
Token unlocks worth $1.28 billion scheduled for August
Crypto projects face a surge in token supply next month, with major unlocks potentially creating additional selling pressure across the market.
Over $1.28 billion in crypto token unlocks are due to hit the market in August, according to Tokenomist. The schedule includes large single releases for projects such as HYPE, YZY, PROVE, KAITO, H, ENA, ZRO, CONX, and AVAX, alongside significant ongoing unlocks for SOL, DOGE, WLD, MORPHO, TAO, and others.
Increased token supply from unlock events historically creates additional selling pressure and can drive higher market volatility as newly released tokens enter circulation. Investors are monitoring the unlock calendar closely as August unfolds.
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