In the latest crypto news, several major token unlocks, worth more than $99 million, will take place between June 22 and June 28. Notably, Humanity Protocol, Sahara AI, and Plasma lead the calendar.
While token unlocks are a normal part of project vesting schedules, traders often monitor them closely because they can increase circulating supply and create short-term selling pressure.
Humanity Protocol Tops This Week’s Unlock Schedule
Humanity Protocol is set to record the largest unlock of the week on June 25. The project will release 269.73 million H tokens worth approximately $46.3 million. The unlock represents 2.7% of the total token supply and roughly 14.8% of the project’s market capitalization.
The event comes just weeks after Humanity Protocol announced a full token migration and recovery airdrop following the June 8 exploit that resulted in more than $36 million in losses. Although the project has moved quickly to restore confidence, the upcoming unlock may attract significant attention from traders evaluating the token’s near-term supply dynamics.
Sahara AI and XPL Face Major Supply Expansions
Sahara AI will conduct one of the most significant unlocks of the week on June 26. The project will release 1.05 billion SAHARA tokens valued at approximately $13.32 million. The unlock represents 10.5% of the token supply and nearly 30.9% of Sahara AI’s market capitalization. Meanwhile, the token is still struggling following a sudden 60% price and market capitalization drop earlier in the month.
According to CryptoRank, this will be Sahara AI’s first post-cliff unlock covering allocations designated for early backers as well as team and contributor wallets. Because of its size relative to market capitalization, the event could become one of the week’s most closely watched unlocks.
Plasma’s XPL token has also scheduled a notable release for June 25. The project will unlock 88.88 million XPL tokens worth roughly $8.03 million. The unlock represents 3.54% of total supply and an equivalent percentage of the token’s market capitalization.
The unlock arrives shortly after XPL’s strong rally following the launch of Plasma One, its new Aave-powered stablecoin banking platform. The token surged more than 26% in a single day and remains one of the better-performing assets in the market over the past week.
Newton’s First Post-Cliff Unlock Approaches
Newton (NEWT) is also preparing for its first post-cliff unlock on June 24. The project will release 139.58 million tokens valued at approximately $7.13 million. While the dollar value is lower than most other unlocks, the event represents 64.9% of Newton’s current market capitalization, making it one of the largest unlock-to-market-cap ratios scheduled this week.
CryptoRank noted that the unlock will cover allocations designated for early backers, core contributors, and Magic Labs.
Several additional projects are also scheduled to release sizable amounts of tokens. SuperFortune (GUA) will unlock 21.99 million tokens worth approximately $14.5 million on June 27. The event represents nearly 48.9% of the project’s market capitalization.
Pharos (PROS) will unlock 9.85 million tokens valued at roughly $5.44 million on June 28, while Sentient (SENT) will release 318.36 million tokens worth approximately $4.88 million on June 22.
As token unlock season continues, investors will be watching closely to see whether demand can absorb the incoming supply. While large unlocks do not always result in selling pressure, they often introduce additional volatility as newly unlocked tokens enter circulation and early stakeholders gain access to previously restricted allocations.
Temitope Olajide
The CoinRemark Team
