The crypto market is anticipated to witness a noteworthy development this week in terms of token unlocks. As per the statistics from Tokenomics, between 16 and 23 December, the large-scale token unlocks will comprise $843M. Both the upcoming cliff unlocks as well as linear unlocks are expected to influence diverse prominent projects.

Arbitrum Dominates Upcoming Cliff Token Unlocks with $96.81M

Arbitrum ($ARB) leads in the cliff unlocks with up to 92.65M tokens, accounting for nearly $96.81M. This figure represents 2.26% of the circulating supply of the project. Following $ARB, $MRS will witness the release of almost 10M tokens, equaling $66.60M. This amount denotes a staggering 11.87% of the project’s total supply.

The other prominent cliff unlocks take into account $ID’s 78.49M tokens with a value of $42.55M. This represents 18.23% of the token’s cumulative supply. In addition to this, ApeCoin ($APE) is going to release up to 15.6M tokens, valued at $25.59M. The amount denotes 2.16% of the project’s supply. Apart from that, $QAI’s upcoming token unlocks will include 232,350 tokens, signifying $22.38M in value. The figure stands for 5.16% of its total supply.

Trending Now: Bitcoin Safe from Quantum Threats for Decades, CryptoQuant CEO

$ADA is also going to unlock 18.53M coins with a $20.38M value, indicating cumulative supply’s 0.05%. Additionally, $MURA, $PIXEL, $PRIME, and $ENA will also go through significant cliff unlocks. In particular, $MURA stands out among them by unlocking 34.84% of the cumulative supply thereof. This underscores one of the biggest unlock proportions.

Solana Leads the Linear Unlocks with a Staggering $118.54M

In the case of linear unlocks, Solana ($SOL) takes the top position with an upcoming unlock of 524,030 tokens. This amount equals $118.54M, representing a slight 0.11% of the project’s circulating supply. Subsequently, Worldcoin ($WLD) is going to release 37.23M coins, representing 4.80% of the supply with $116.15M.

The rest of the well-known linear unlocks take into account $TIA, $DOGE, and $Avalanche. $TIA’s token unlocks will see 6.99M tokens, accounting for 1.54% of its supply with a $49.13M. Moreover, Dogecoin ($DOGE) is going to unlock 94.47M (nearly $38.82M), denoting 0.06% of the circulating supply.

Furthermore, Avalanche ($AVAX) is another project with linear token unlocks of $35.99M. The 700,000 tokens to be unlocked denote 0.17% of its supply. The other popular linear unlocks include $NEAR, $SUI, $DOT, $FIL, $ATOM, $JTO, $ARKM, and $ENS. These unlocks will range from $7M to more than $25M.