Over $2.6 billion worth of tokens will be unlocked between January 13 and January 19.
Ondo Finance leads with a $2.42 billion unlock of 1.94 billion ONDO tokens scheduled for January 18.
This series of token unlocks is the largest expected until mid-March.
As 2025 kicks off, the cryptocurrency market is bracing for a wave of major token unlock events, set to inject over $2.6 billion worth of tokens into circulation between January 13 and January 19. These unlocks mark the end of vesting periods for several blockchain projects, potentially reshaping market dynamics.
Leading the pack, Ondo Finance will release 1.94 billion ONDO tokens ONDO$0.9124h volatility:1.2%Market cap:$2.88 BVol. 24h:$133.23 M
valued at $2.42 billion on January 18, according to data from TokenUnlocks. With ONDO’s circulating supply currently at 1.38 billion and a market capitalization of $1.8 billion, this release could significantly change the token’s supply-demand equilibrium.
This wave of unlocks in the next week is poised to be the largest until mid-March, setting the stage for potential volatility in the affected tokens and beyond.
Market Impact of Token Unlock Event
Token unlock events often create both opportunities and challenges. The influx of large quantities of tokens leads to price volatility and usually exerts downward pressure on their prices. This is because the token holders potentially sell to secure profits or minimize losses. Beyond individual tokens, the broader cryptocurrency market may also feel the ripple effects of these events.
For tokens with strong fundamentals and community backing, any short-term dip might present a buying opportunity for long-term investors. For now, the crypto Fear and Greed Index sits at 50, signaling a neutral sentiment among investors.
Will Trump’s Inauguration Ignite an Altcoin Rally?
The upcoming inauguration of Donald Trump on January 20 has sparked speculation about a potential altcoin season in 2025. Known for his crypto-friendly stance, Trump’s return to office is fueling hopes for policies that could foster growth in the digital asset sector.
The global crypto market currently stands at $3.3 trillion, up 1% in the past 24 hours, per CoinMarketCap data. As Bitcoin has faced selling pressure following its mid-December rally, altcoins have also dipped, positioning themselves for a rebound.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
With a background in finance and a passion for innovation, Anisha has been covering the ever-evolving world of crypto for over four years. Her deep understanding of the crypto market have made her a trusted source for analysis and news. Whether it's dissecting the latest trends or decoding whitepapers, Anisha is dedicated to bringing clarity to the world of digital assets.