Supply Shock Ahead? Hundreds of Millions in Tokens Unlock This Week

• Over $278 million in token unlocks are scheduled between Feb. 9 and Feb. 16.
• Major unlocks include RAIN, APT, STRK, SOL, AVAX, and other leading tokens.
• New circulating supply may increase short-term market volatility.

The cryptocurrency market is preparing for a wave of token unlocks scheduled between February 9 and February 16, with total releases expected to exceed $278 million in value, according to Tokenomist. These unlocks include both large one-time “cliff” releases and ongoing linear vesting distributions that gradually add new tokens into circulation.

Major One-Time Token Unlocks

Several projects will see significant single-event token releases during the coming week. The largest cliff unlocks are CONX, AVAX, APT, and STRK, each releasing tokens valued at more than $5 million. These unlocks represent newly circulating supply that enters the market at once, which traders often monitor closely because sudden supply increases can influence short-term price volatility.

Data shows that STRK’s upcoming unlock represents one of the highest proportions of adjusted circulating supply among major projects, while AVAX and APT unlocks are also expected to draw investor attention due to their large ecosystem presence.

Large Linear Vesting Releases Continue

In addition to cliff unlocks, several projects are undergoing large linear vesting schedules where tokens are released each day. Tokens including RAIN, SOL, CC, TRUMP, RIVER, WLD, and DOGE are expected to record daily unlocks exceeding $1 million.

Among them, RAIN stands out with one of the largest cumulative releases, accounting for tens of millions of dollars in additional supply during the period. Solana (SOL) also remains a key token to watch, though its percentage increase in circulating supply remains relatively modest compared with some smaller-cap projects.

Why Token Unlocks Matter for Markets

Cryptocurrency markets are currently trading in a mixed range without a clear direction, with total market capitalization moving slightly higher to about $2.37 trillion. In this fragile environment, upcoming token unlocks scheduled over the week could add additional volatility, as newly released tokens increase circulating supply and may create short-term selling pressure if recipients decide to take profits.

However, the actual impact depends on factors such as market liquidity, investor demand, and whether recipients choose to hold or sell their tokens.

Related: Goldman Sachs Warns of More Stock Selloff, Crypto at Risk