In Brief

  • Aptos, Starknet, and other projects have token unlocks this week.
  • The total value of tokens unlocked this week exceeds $480 million.
  • Token prices may experience fluctuations around large unlocks.
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Token unlock involves releasing tokens that were previously blocked under fundraising terms. Projects carefully schedule these releases to avoid market pressure and prevent a drop in token prices.

Here are three major token unlocks to keep an eye on next week.

Aptos (APT)

  • Unlock date: November 11
  • Number of tokens unlocked: 11.31 million APT
  • Current circulating supply: 519.93 million APT

Aptos is a Layer-1 blockchain designed to provide a secure and scalable infrastructure for decentralized applications. With a focus on security and performance, it incorporates innovative technologies to enhance the blockchain experience.

Despite being one of the most successful blockchain projects in recent years, Aptos has faced criticism from the crypto community for its tokenomics, which are heavily influenced by venture capital.

A major portion of APT tokens remains locked. On November 11, the project will distribute 11.31 million APT tokens to community members, core contributors, and investors.

APT Unlock
APT Unlock. Source: Tokenomist

Starknet (STRK)

  • Unlock date: November 15
  • Number of tokens unlocked: 64 million STRK
  • Current circulating supply: 2.09 billion STRK

Starknet is developing a ZK-Rollup Layer-2 solution to scale decentralized applications on Ethereum. Following a successful investment round, the team introduced the STRK token, essential for decentralizing the network.

On November 15, the project will unlock 64 million STRK tokens, distributed to investors and early contributors.

STRK Unlock
STRK Unlock. Source: Tokenomist

Arbitrum (ARB)

  • Unlock date: November 16
  • Number of tokens unlocked: 92.65 million ARB
  • Current circulating supply: 3.97 billion ARB

Arbitrum, developed by Offchain Labs, is one of the most popular Layer-2 solutions for Ethereum. The mainnet launched in August 2021, with funding from Lightspeed Venture Partners, Polychain Capital, Ribbit Capital, Redpoint Ventures, Pantera Capital, Alameda Research, entrepreneur Mark Cuban, and cryptocurrency exchange Coinbase.

Next week, Arbitrum will unlock 92.65 million ARB, currently valued at approximately $59.63 million. The team, advisors, and investors will receive these tokens.

ARB unlock
ARB Unlock. Source: Tokenomist

Next week’s cliff token unlocks also include Cheelee (CHEEL), Ethena (ENA), and Apecoin (APE), among others, with a combined value surpassing $480 million.

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Daria Krasnova
Daria Krasnova is an accomplished editor with over eight years of experience in both traditional finance and crypto industries. She covers a variety of topics, including decentralized finance (DeFi), decentralized physical infrastructure networks (DePIN), and real-world assets (RWA). Before joining BeInCrypto, she served as a writer and editor for prominent traditional finance companies, including the Moscow Stock Exchange, ETF provider FinEx, and Raiffeisen Bank. Her work focused on...
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