Crypto investors are in for a big week as more than $476 million in Token are unlocked across multiple networks. Major projects like Linea (LINEA), Aptos (APT), and Avalanche (AVAX) will lead the unlocking wave.
These events can create volatility and affect prices in the short term. Here is a detailed analysis of each project:
1. Linea (LINEA)
Unlock date: 11/10
Number of Token unlocked: 2.88 billion LINEA (4% of total supply)
Current circulating Token supply: 15.78 billion LINEA
Total supply: 72 billion LINEA
Linea is a Layer-2 zkEVM scaling solution for Ethereum (ETH), providing fast, low-cost transactions while remaining compatible with Ethereum's tools and security.
On November 10, the project will issue 2.88 billion Token, worth approximately $37.9 million, representing 16.44% of the circulating supply. LINEA will Chia this supply into three parts: 600.08 million Token for the long-term orientation, 480.07 million Token for Ignition, and 1.8 billion Token for future Airdrop .
2. Aptos (APT)
Unlock date: 11/11
Number of Token unlocked: 11.31 million APT (0.96% of total supply)
Current circulating Token : 720.79 million APT
Total supply: 1.18 billion APT
Aptos is a Layer-1 blockchain designed for scalability, security, and performance in dApps and the Web3 ecosystem, using the Move programming language to implement high-speed transactions and smart contracts.
The project team will unlock 11.31 million Token on November 11, worth $36.53 million, representing 0.43% of the circulating supply. Of these, 3.96 million APT are for core contributors, 3.21 Token for the community, 2.81 Token for investors, and 1.33 Token for the foundation.
3. Avalanche (AVAX)
Unlock date: November 15
Number of Token unlocked: 1.67 million AVAX (0.23% of total supply)
Current circulating Token : 427 million AVAX
Total supply: 720 million AVAX
Avalanche is an open-source, high-performance Layer-1 blockchain that uses a three- chain architecture (X-Chain, C-Chain, P-Chain) that delivers scalability, speed, and security for dApps, DeFi , and other applications.
On November 15, Avalanche will unlock 1.67 million AVAX, worth approximately $29.84 million, representing 0.33% of the circulating supply. All unlocked Token will belong to the foundation.
Additionally, other notable Token unlocks in the second week of November that investors can keep an eye on include Connex (CONX), Arbitrum (ARB), and Starknet (STRK).
