This week, approximately 908 billion won worth of new cryptocurrency volume is expected to be supplied to the market, requiring investors' attention. Large-scale unlocking is considered a factor that can trigger significant market volatility, comparable to Bitcoin options expiration. Particularly, batch and linear unlock distributions are simultaneously scheduled for projects including major coins like Solana (SOL), Aptos (APT), and Doge (DOGE), with short-term downward pressure deemed inevitable.
The project receiving the most attention is Fast Token (FTN). This week alone, approximately 127 billion won (91.6 million dollars) worth of 20 million tokens will be released, accounting for over 2% of the total supply. Following this, the GameFi platform Chili (CHEEL) plans to additionally supply around 123.5 billion won (88.87 million dollars) in volume.
Aptos (APT), seeking opportunities through airdrops, will release 11.3 million tokens, increasing supply by approximately 74.7 billion won (53.72 million dollars). Arbitrum (ARB) will deploy 92.65 million tokens at once, flowing into the market at around 61 billion won (43.91 million dollars). Avalanche (AVAX) and Sei will sequentially release substantial volumes of approximately 55.6 billion won and 25.2 billion won, respectively.
Solana (SOL) is expected to record its maximum release this week in daily linear unlocking. An average of 465,770 tokens, totaling approximately 129.6 billion won (93.18 million dollars), will be supplied daily. Recently, SOL has risen 14.2% due to increased institutional demand but remains around $186, about 37% lower than its yearly high. According to CoinGecko, currently, SOL held by four US-listed companies like Upexi amounts to 3.5 million, totaling approximately 821.2 billion won (591 million dollars), representing 0.65% of total circulation.
The 'TRUMP' token related to Donald Trump also draws attention. This week, 4.89 million tokens, approximately 63.9 billion won (45.92 million dollars), will be progressively supplied, distributing about 9 billion won (6.52 million dollars) per day, representing 2.45% of total issuance.
World Coin (WLD) is set to add supply of approximately 562.5 billion won (40.5 million dollars). Doge (DOGE) plans to release 95.49 million tokens worth about 307 billion won (22.09 million dollars). While daily increase is only 0.4%, it has risen 18% over a week, showing recovery due to massive whale purchases. Notably, a whale investor who bought 100 million DOGE in just one day suggests potential for medium to long-term growth.
LayerZero, immediately after the Stargate acquisition proposal, plans to supply tokens worth approximately 24.2 billion won (17.44 million dollars), with prices surging 26.5% within 24 hours. Over the past week, it has risen by 42%, significantly outperforming overall cryptocurrency market growth.
Market participants are wary that this week's supply wave might create short-term selling pressure. As some issues are already trending, the balance between realized profit sales and new demand will be crucial.
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