This week, the cryptocurrency market is set to experience significant token unlocks totaling over $180 million, potentially impacting prices. The most notable event is Rain Protocol's $62 million unlock on April 10, releasing 9.48 billion RAIN tokens, which accounts for 1.98% of its circulating supply. This release is expected to draw attention from traders monitoring potential sell pressure.
In addition to Rain Protocol, Aptos (APT) and BABY are also unlocking substantial amounts. APT will release 12.42 million tokens valued at $10.58 million, while BABY will unlock 632 million tokens worth $8.05 million, representing nearly 39% of its adjusted supply. Other significant unlocks include Solana's 469 million SOL tokens worth $38.41 million and TRUMP's 6.33 million tokens valued at $18.35 million, which constitute 2.72% of its circulating supply. These events are expected to add supply pressure across the market.
Over $180M in Token Unlocks This Week, Led by Rain Protocol's $62M
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