$3.3 Bn Tokens Line-Up for Unlock
Blast leads with 55% token release as six major projects hit markets
Cryptocurrency markets are preparing for a significant supply influx next month, with $3.3 billion worth of tokens set to enter circulation as vesting periods expire across multiple blockchain projects.
The June unlocks represent a 32% decrease from May's $4.9 billion but include several high-profile releases that could test market stability, according to data from crypto vesting tracker Tokenomist.
Key June token releases include
Blast: 54.91% unlock on June 26
ZKsync: 20.91% unlock on June 17
ZetaChain: 5.34% on June 1
Starknet: 4.09% on June 15
LayerZero: 2.47% on June 20
Immutable: 1.33% on June 13
Token vesting schedules are commonly used by cryptocurrency projects to prevent early investors and team members from immediately selling their holdings, which could destabilise prices during a project's early phases.
The June unlocks comprise $1.4 billion in "cliff" releases where all tokens become available simultaneously and $1.9 billion in linear releases spread over time.
Cliff unlocks typically create more immediate price pressure, whilst linear releases are designed to minimise market impact through gradual distribution.
Many of the projects involved in June's unlocks represent blockchain infrastructure plays, including Layer-2 scaling solutions and cross-chain protocols that have attracted significant venture capital investment.
ZKsync and Starknet, both Ethereum scaling solutions, have raised hundreds of millions in funding at multi-billion-dollar valuations. Their upcoming unlocks will provide insight into whether current market prices reflect genuine adoption or speculative premium.
The timing proves particularly challenging given recent volatility in the broader technology sector and uncertainty around monetary policy.
Previous large-scale token unlocks have produced varied outcomes depending on market conditions and project fundamentals. Some established projects have weathered major supply increases with minimal price impact, whilst others have experienced significant selloffs requiring months to recover.
The key differentiator often proves to be underlying project utility and revenue generation rather than pure speculation.
The sector's ability to absorb $3.3 billion in new supply without significant volatility would mark a notable evolution from previous market cycles characterised by dramatic price swings around major events.
This would signal genuine institutional depth and retail confidence.