Token unlocks are essential events that release previously restricted coins to be traded. Such planned unlocks are crucial in supporting market stability and preventing price crashes by continuously releasing coins to the market over time. New data released today by crypto analyst Phoenix Group listed multiple cryptocurrencies scheduled for massive unlocks this week.
Major crypto token unlocks this week
Ethena (ENA), a DeFi protocol developed on the Ethereum blockchain, will unlock a significant amount of tokens today June 2, 2025. The platform is set to release 94.19 million ENA tokens, accounting for 0.63% of its total supply, worth $290.08 million.
Second on the list is Tars AI (TAI), an artificial intelligence infrastructure protocol built on the Solana blockchain. It will release a total of 26.77 million TAI tokens today June 2, equivalent to 2.99% of its current circulation, worth $3.04 million.
Bio Protocol (BIO), a decentralized science network leveraging blockchain to fund and build biotech innovations, will unlock 32.45 million BIO tokens tomorrow June 3. The total amount of tokens to be released accounts for 0.98% of its circulating supply, valued at $2.19 million.
Moving down, Sleepless AI (AI), a Web3 gaming platform using AI and blockchain to develop immersive gaming experiences, is scheduled to release 17.25 million AI tokens on June 4th. This represents 1.72% of its current circulating supply, worth $2.54 million.
Galxe (GAL), a Web3 credential data network, followed the list as it will unlock 2.03 million GAL tokens on June 5, accounting for 1.01% of its current circulating supply, valued at $1.74 million.
Next is Xion (XION), a Layer 1 blockchain transforming web3 accessibility, which plans to unlock 1.68 million XION tokens on June 5, valued at $1.56 million, accounting for 0.84% of its total supply.
Jito (JTO), a liquid staking project on Solana, will unlock 11.31 million JTO tokens on June 7, equivalent to 1.135% of its current circulating supply and valued at $19.14 million.
Neon (NEON), an EVM blockchain platform, will also release 53.91 million tokens on June 7, representing 5.39% of its circulating supply, worth $6.34 million.
Finally, Navi Protocol (NAVX), a liquidity protocol running on top of the Sui blockchain, is prepared to release a total of 30.50 million tokens (3.05% of total supply) on June 7, amounting to $1.48 million.
How to benefit from unlocks
Token unlocks, like the ones mentioned above, can trigger massive market movements. When a huge number of coins is released and made available for trading, it can increase the asset’s circulating supply and consequently impact prices.
Some assets could witness selling pressure as team members or early investors offload their tokens to the market to earn profit. On the other hand, other tokens may experience a rise in demand if such unlocks attract new users to their platforms.
Market sentiment plays an important part in how an asset performs during an unlock period. For assets with robust community support or substantial development in place, their unlocks may have a positive effect on prices. On the contrary, if investors are skeptical or if some tokens have underperformed, their unlocks may trigger negative impacts on prices.
This implies that understanding these sentiments is essential as investors can use them to position themselves for such events effectively.
