ONDO, Aster, TRUMP, ARB, STRK, and SEI Face Supply Tests as Unlocks Accelerate

• $1.69 billion in token unlocks scheduled for January 12–19, led by ONDO and TRUMP.
• Smaller projects like SEI, ASTER, and MOT add to weekly supply amid high volatility.

A new round of altcoin unlocks is underway this week, with $1.69 billion in scheduled token releases between January 12 and 19. The releases introduce fresh supply into the market across several major and mid-cap projects, contributing to short-term volatility. Prices of some unlocked tokens dropped between 5–7% shortly after the unlocks began.

As CNF reported, over $5.5 billion in token unlocks are expected across January. Four projects alone, ONDO, Bitget (BGB), Hyperliquid (HYPE), and TRUMP, account for about $1.94 billion of that total.

ONDO leads the current cycle with 1.94 billion tokens released, worth $772.42 million. This cliff unlock represents 57.23% of its adjusted released supply. TRUMP follows with a cliff unlock of 55.10 million tokens worth $299.17 million, equal to 13.30% of supply. TRUMP also appears in linear unlocks, bringing its total release to over 27.55% of its circulating supply.

Token Unlocks for Arbitrum (ARB), STRK, CONX, CHEEL, SEI, DOGE

Beyond ONDO and TRUMP, as reported by CNF, several smaller projects are also seeing tokens released this week. As per Tokenomist, Arbitrum (ARB) unlocked 96 million tokens valued at $19.56 million, or 1.68% of its adjusted released supply. CONX released 1.32 million tokens worth $20.59 million, equal to 1.59% of supply. In addition, DBR has unlocked 618.33 million tokens valued at $11.52 million, representing 14.81% of its adjusted supply.

Other cliff unlocks include CHEEL with 20.81 million tokens worth $11.50 million (2.78%), Starknet (STRK) with 127 million tokens worth $10.33 million (4.83%), SEI with 75.80 million tokens worth $9.15 million (1.44%), and ZK with 173.08 million tokens worth $5.89 million (3.16%).

Linear unlocks have also contributed an additional $537 million in value. RAIN leads this category, releasing 9.41 billion tokens worth $84.13 million, or 2.77% of circulating supply. In addition, Solana added 482,400 tokens worth $67.14 million (0.09%), and Worldcoin released 37.23 million tokens worth $21.13 million (1.37%).

RIVER unlocked 1.25 million tokens worth $21.02 million, which is 6.38% of its circulating supply. Dogecoin (DOGE) has not been left behind, releasing 97.56 million tokens worth $13.42 million, making up just 0.06% of its circulating supply. Avalanche has released 700,000 tokens worth $9.57 million, or 0.16%. ASTER has added 10.28 million tokens worth $7.34 million, while Bittensor (TAO) released 25,200 tokens valued at $7.22 million.

As per Tokenomist, smaller-cap projects are also proceeding with their unlock schedules. Masters of Trivia (MOT) released 5.5 million tokens worth $17.92 million, equal to 1.10% of total locked supply. It has completed 4.83% of its overall unlock progress. 

Concurrently, Checkmate (CHECK) has unlocked 16.77 million tokens worth $1.32 million, with 18.18% progress and 1.68% of the total locked supply released. BounceBit (BB) has also released 32.78 million tokens valued at $2.08 million, with 1.56% of the total locked supply now tradable.