June will see $3.3 billion in crypto tokens unlocked as vesting schedules expire across several major projects—a notable drop from May’s $4.9 billion, according to Tokenomist.
Roughly $1.4 billion will be released in bulk via cliff unlocks, while the rest will enter gradually through linear emissions.
Metars Genesis leads the month with a $193 million release on June 21 to support an AI partnership.
Sui follows with a $160 million unlock on June 1, mostly for Mysten Labs and Series B investors. Sui has already unlocked a third of its supply, but over $20 billion in tokens remain unreleased.
Other June unlocks include Fasttoken ($88M), LayerZero ($71M), Aptos ($61M), and ZKsync ($49M), each releasing tokens to founders, contributors, and early backers.
While the volume is lower than last month, the impact on token prices could still be significant depending on liquidity and market sentiment.
Pi (PI) has gone down by 4.3% in the past 24 hours and trading volumes seem to have evaporated as the crypto market appears to be ready to cool down from its recent peaks. Selling pressure was strong for PI at the $0.85 – $0.80 levels and this ended up pushing the price to its […]
Cardano is enjoying renewed momentum as daily transactions on the blockchain push toward 50,000, bolstered by growing excitement over a possible spot ADA exchange-traded fund (ETF).
XRP appears to be gaining bullish traction, with analysts pointing to a potential breakout that could send the token toward new highs.
Ethereum co-founder Vitalik Buterin has renewed calls for the network to embrace a more cash-like function, pointing to Sweden’s unexpected return to promoting physical currency as a cautionary tale.