$210M SUI and $55M ENA Lead August 2025 Token Unlocks

Crypto markets are bracing for a wave of unlocks this August, with more than $500 million worth of tokens set to hit circulation.

The largest unlock comes from Sui (SUI), releasing $210.41 million in tokens—equivalent to 1.65% of its market cap—on August 1. This is closely followed by Ethena (ENA), unlocking $55.32 million on August 2.

Other notable unlocks include Aptos (APT) on August 12 with $49.75 million, and LayerZero (ZRO), unlocking 22.2% of its market cap on August 20—the highest percentage among all the tokens listed.

Arbitrum (ARB), pump.fun (PUMP), Kaito (KAITO), and Jito (JTO) also feature prominently, with each unlocking between $19 million and $38 million in tokens. StarkNet (STRK) will release the largest token count overall—127.6 million STRK tokens—worth $15.37 million, on August 15.

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These unlocks could introduce selling pressure on affected tokens, depending on broader market conditions and how much of the released supply is liquid or immediately tradable. Traders and long-term holders will be watching these events closely, especially for newer projects like ZRO and KAITO, where unlock percentages are notably high.

As always, token unlocks offer both risks and opportunities—providing liquidity to early investors while testing the strength of community conviction and price support levels.