Key Points:
- This week, tokens worth more than $650 million will enter the market. The largest unlocks include Sui, Jupiter, and Sign.
- Such events often increase volatility and can affect prices in the short term. That is why they are getting special attention right now.
- Sui will unlock tokens on May 1. 42.62 million tokens worth about $40.39 million will enter circulation. The main portion is intended for Series B investors, the community reserve, and early project participants.
Jupiter and Sign will unlock tokens on April 28. Jupiter will release 53.47 million JUP worth about $9.77 million. Sign will add 401.1 million SIGN worth approximately $7.05 million.
Over the next seven days, these events could significantly impact the market. New token supply often puts pressure on price, especially in the short term.
Sui (SUI)
Unlock date: May 1
Number of tokens: 42.62 million SUI
Current supply: 3.96 billion SUI
Total supply: 10 billion SUI
Sui is a high-performance layer-1 blockchain. It uses the Move programming language, which enables the creation of scalable and secure dApps.
The network focuses on parallel transaction execution. This delivers high throughput, making it suitable for games, DeFi, and Web3 projects.
On May 1, as part of the monthly schedule, 42.62 million tokens will enter circulation. This is about 1.08% of the current supply.
In monetary terms, the unlock volume is approximately $40.39 million.
SUI token unlock in May. Source: Tokenomist
Of the total unlock volume, 19.32 million SUI will go to Series B investors. The community reserve will receive 12.63 million SUI, and early project participants will get 8.60 million. The remaining 2.07 million tokens will go to Mysten Labs.
Jupiter (JUP)
Unlock date: April 28
Number of tokens: 53.47 million JUP
Current supply: 3.63 billion JUP
Total supply: 7 billion JUP
Jupiter is a liquidity aggregator on the Solana network. It helps find the best routes for swapping tokens across multiple decentralized exchanges. This gives users better prices and minimal slippage.
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On April 28, 53.47 million tokens will enter circulation. The total value is about $9.77 million.
This is about 1.53% of the current supply. The unlock follows a monthly model with fixed stages.
JUP token unlock in April. Source: Tokenomist
The main portion of tokens is intended for the team. They will receive 38.89 million JUP. Mercurial participants will also get 14.58 million tokens.
Sign (SIGN)
Unlock date: April 28
Number of tokens: 401.1 million SIGN
Current supply: 1.93 billion SIGN
Total supply: 10 billion SIGN
Sign is a data verification protocol operating across multiple blockchain networks. It enables users and companies to create verifiable and secure digital attestations.
On April 28, the team will unlock 401.1 million tokens. Their value is about $7.05 million.
This is about 20.78% of the current supply, making it one of the largest events this week.
SIGN token unlock in April. Source: Tokenomist
The team will allocate 150 million tokens for community rewards and another 45 million for ecosystem development. The fund will receive 95 million SIGN. Investors will also get 83.33 million tokens, and early team members will receive 27.78 million. In addition to these three projects, new tokens from others will also enter the market. Among them are Optimism, Treehouse, and Zora.
