A massive $2.31 billion worth of crypto assets is set to hit the market in the next 30 days

Token Unlocks forecasts a substantial increase of $2.31 billion in cryptocurrency assets within the next 30 days. This surge is expected to come mostly from prominent projects such as Solana (SOL), Avalanche (AVAX), Wormhole (W), Worldcoin (WLD), and The Sandbox (SAND).

Solana is presently adhering to a linear unlock schedule, wherein 74,860 SOL tokens, worth more than $13.3 million, are being introduced into the market daily.

On December 26, 2023, a new model consisting of 66,540 SOL tokens will be implemented. Worldcoin closely trails behind, unlocking 5.32 million WLD tokens worth roughly $11.64 million on a daily basis.

Curious about the current market conditions compared to upcoming token unlocks in the next 30 days 🚧

$2.31 billion worth of tokens, including $SOL, $AVAX, $W, $WLD, and $SAND, will be released into the market

Which tokens have low float unlocks, and which have high float… pic.twitter.com/TNqFoe9CtL

— Token Unlocks (@Token_Unlocks) July 26, 2024

The assets are distributed among the initial development teams and TFH investors, who receive $1.21 million and $1.66 million, respectively, daily. Avalanche is now issuing tokens daily, with 700,000 AVAX tokens valued at $19.54 million being introduced into the market. The Wormhole project has distributed W tokens worth $3.49 million to community members and the ecosystem treasury.

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