Token Lockup unlocking involves releasing Token that were previously blocked under the terms of the Capital. Projects carefully schedule the unlocking to avoid market pressure and prevent the Token price from falling.
However, factors like lack of liquidation or early investor profit taking can significantly impact the asset’s momentum. Here are four key Token Lockup unlocks to watch next week.
Aptos (APT)
- Unlock date: 12/08
- Number of Token unlocked: 11.31 million APT
- Current Circulating Supply: 471.14 Million APT
Aptos is a Layer 1 blockchain that aims to provide a secure and scalable infrastructure for decentralized applications. Built with a focus on security and performance, it leverages new technologies to enhance the blockchain experience.
While Aptos can be considered one of the most successful blockchain projects of the past few years, it has often received criticism from the crypto community for its tokenomics, which are heavily influenced by venture Capital . A large portion of APT Token are still locked up. On August 12, the project will distribute 11.31 million APT to community members, key contributors, and investors.
The Sandbox (SAND)
- Unlock date: 14/08
- Number of Token unlocked: 205.59 million SAND
- Current Circulating Supply: 2.28 Billion SAND
The Sandbox conducts two Token Lockup unlocks each year, in February and August. The second unlock of 2024 is scheduled for August 14, 2024. The project plans to unlock 205.59 million SAND Token , representing 9% of the circulating supply, and distribute them to the team, advisors, and the company reserve. Notably, this is the final unlock for private investors .
Token Unlocks analysts commented :
SAND has dropped 95% in value since its All-Time-High in November 2021, but private investors are still seeing ROIs of 78-100x. After the unlock, 96% of Token were in circulation. This final unlock could ease future selling pressure, which could be a positive sign for Sandbox.
Starknet (STRK)
- Unlock date: 15/08
- Number of Token unlocked: 64 million STRK
- Current Circulating Supply: 1.6 Billion STRK
Starknet is developing a Layer 2 ZK-Rollup solution to scale decentralized applications on Ethereum. After a successful investment round, the team introduced the STRK Token , essential for decentralizing the network.
Diego Oliva, CEO of the Starknet Foundation, said:
The STRK Token was created to enable STARK-based expansion in a more decentralized manner. The Token design allows Starknet to be run and governed by the community, and Provisions are a powerful means of achieving this.
On August 15, the project will unlock 64 million STRK, distributing to investors and early contributors.
Arbitrum (ARB)
- Unlock date: 16/08
- Number of Token unlocked: 92.6 million ARB
- Current Circulating Supply: 3.33 Billion ARB
Arbitrum, developed by Offchain Labs, is one of the most popular Layer 2 solutions for Ethereum. The mainnet was launched in August 2021, with funding from Lightspeed Venture Partners, Polychain Capital, Ribbit Capital, Redpoint Ventures, Pantera Capital, Alameda Research, entrepreneur Mark Cuban, and cryptocurrency exchange Coinbase.
Next week, Arbitrum will unlock over 90 billion ARB, currently worth around $53.5 million. The development team, advisors, and investors will receive these Token .
Other important unlocking events next week include Cyber (CYBER), Render (RNDR), ApeCoin (APE), Ethena (ENA), and Oasis Network (ROSE), with a total value exceeding $230 million. While many view Token Lockup as a negative, a well-planned schedule can strengthen a project’s long-term sustainability. Aligned with milestones and development progress, unlocks will boost team members’ motivation, increase community engagement, and drive ecosystem growth.
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