The crypto market will welcome tokens worth more than $517 million in the fourth week of September. This week, major projects like Particle Network (PARTI), Jupiter (JUP), and Nillion (NIL) will release new tokens into circulation.
These releases could introduce new supply pressures, potentially leading to short-term volatility and price fluctuations. Here is a breakdown of what to watch for in each project.
1. Particle Network (PARTI)
Sponsored- Unlock Date: September 25
- Number of Tokens to be Unlocked: 182.78 million PARTI (18.28% of Total Supply)
- Current Circulating Supply: 233 million PARTI
- Total supply: 1 billion PARTI
Particle Network is a chain abstraction protocol that enables seamless interoperability across blockchains through Universal Accounts, Universal Gas, and Universal Liquidity. It serves as an infrastructural chain, not for dApp building, but for unifying liquidity and users across all chains.
On September 25, the project will unlock 182.78 million PARTI altcoins worth nearly $29.17 million. The to-be-released tokens represent 78.44% of the released supply.
The team will keep the majority of the tokens (90 million) for community growth. Furthermore, they will set 50 million PARTI for the reserve and 30 million for Binance HODLer Airdrops.
SponsoredIn addition, Particle Network will dedicate 6.78 million tokens for private sales. Lastly, it will give 6 million PARTI to a KOL Round.
2. Jupiter (JUP)
- Unlock Date: September 28
- Number of Tokens to be Unlocked: 53.47 million JUP (0.76% of Total Supply)
- Current Circulating Supply: 3.11 billion JUP
- Total Supply: 7 billion JUP
Jupiter is a leading decentralized exchange (DEX) aggregator on the Solana (SOL) blockchain. It optimizes trade routes for the best prices and minimal slippage.
The network will unlock 53.47 million JUP tokens on September 28 via its monthly cliff vesting schedule. The supply is worth $25.17 million, accounting for 1.75% of the released supply.
Sponsored
Similar to previous unlocks, Jupiter will allocate the released supply primarily to the team (38.89 million JUP) and Mercurial stakeholders (14.58 million JUP).
3. Nillion (NIL)
- Unlock Date: September 24
- Number of Tokens to be Unlocked: 65.12 million NIL (6.51% of Total Supply)
- Current Circulating Supply: 195 million NIL
- Total Supply: 1 billion NIL
Nillion is a decentralized network known as ‘Humanity’s First Blind Computer.’ It focuses on privacy-enhancing technologies (PETs) for secure computation and storage. The network enables confidential AI training, encrypted databases, and privacy-preserving applications in sectors like healthcare and DePIN.
Nillion will release 65.12 million NIL tokens on September 24. The tokens represent 33.37% of the released supply and are worth around $21.21 million.
From the unlocked supply, the community will receive 27.22 million NIL. The team will award 25 million tokens for protocol development. Finally, Nillion will keep 12.9 million tokens for the ecosystem, research, and development.
Besides these three, several other projects will unlock tokens this week, contributing to broader market effects. Investors can look out for token unlocks from Sahara AI (SAHARA), Venom (VENOM), and AltLayer (ALT).
