Over $161 million in tokens are set to unlock this week, with The Open Network (TON) leading the releases. This event will impact major crypto protocols across Layer 1 and Layer 2 networks, potentially affecting market liquidity and volatility. The TON Foundation, established by former Telegram team members, spearheads the TON release, alongside other significant players like LayerZero, Arbitrum, and Ethena. Traders and stakeholders are closely monitoring these developments, adjusting strategies to manage potential price impacts and liquidity challenges. Historically, major token unlocks have led to temporary price dips, followed by market absorption and normalization.