Crypto Unlocks: TRUMP Crypto, Solana, In Spotlight As Volatility Lurks

Key Insights:

• TRUMP crypto, SOL, ARB, SEI, and others prepare for major token unlock between July 14 and July 21.
• The upcoming token unlock could impact market dynamics for the listed assets.
• Solana may face less threat from excess liquidity with its schedule linear unlocks this week.

The Official Trump memecoin (TRUMP), Solana (SOL), and others are among cryptos scheduled for major unlocks this week. Each unlock will impact its network and possibly price trends as well as investor sentiment.

Token unlock events introduce large volumes of previously locked tokens into the market.

Traders and token holders could witness increased volatility, especially those holding assets facing major cliff unlocks.

Crypto Market Brace Up for $1.5B Inflow via Token Unlocks

As revealed by Tokenomist, over $1.57 Billion worth of tokens are set to unlock this week, across several crypto projects.

The most notable unlock is expected from the Donald Trump-backed memecoin, TRUMP. In the next 7 days, the memecoin project will release 90 million TRUMP crypto, roughly 45% of its total supply.

In dollar terms, this translates to approximately $873 Million at the current market price. Such a large volume entering the market might spell further woes for the price of TRUMP.

As of this writing, the TRUMP price was changing hands at $9.43. The memecoin experienced a 3.08% decline in the last 24 hours.

However, TRUMP is up 9.28% over the past seven days. Additionally, the trading volume increased by over 82% to $50 Million.

This surge, together with the weekly rally, suggests TRUMP is consolidating and anticipating a bullish move.

This means the upcoming unlock event may cause minimal price volatility compared to bearish expectations.

In April, TRUMP released 40 Million tokens via a token unlock event. At the time, the memecoin was already down 7% on the weekly chart, fueling further bearish expectations.

However, the current market appears different. For instance, the TRUMP memecoin recently rallied 6.4% following a $100 Million purchase commitment from TRON founder Justin Sun.

More Major Token Unlocks for the Week Other than TRUMP Crypto

Arbitrum (ARB), SEI, and Starknet (STRK) will unlock 92.6 million, 55.56 million, and 127 million tokens, respectively. While ARB, SEI, and STRK unlocks are notable, they are less severe.

These digital assets will likely see only short-term pressure if liquidity holds. This is because the large volume hits the market when sentiments for these tokens have improved.

In the past 24 hours, ARB has rallied 1.2% to $0.4, SEI rose 0.3%, and STRK spiked 0.8%.

Other than that, Coincoin (CONX) and Fasttoken (FTN) are few of the unlocks set to happen this week. The Concoin project will release 2.23 million CONX tokens, valued at approximately $145.8 Million.

Fastoken follows behind with $89.8 Million worth of FTN tokens, representing 2.17% of the circulating supply.

CLOUD is up for another notable crypto unlock, with 58% of its entire supply, the largest in terms of percentage.

Possible Price Outcomes for Solana (SOL)

In addition to the one-time large unlocks, some tokens will perform linear unlocks. Solana leads as the largest token linear unlock for the week, according to Wu Blockchain.

Unlike cliff unlocks, linear unlocks involve a gradual, consistent release of tokens over a specified period.

The latter provides a steady, predictable release of tokens, reducing sudden market flooding and selling pressure.

According to the update from Tokenomist, Solana will release 465,770 SOL, valued at about $75.8 Million. Solana will unlock approximately $11 Million worth of SOL per day for the next seven days.

While filing this story, Solana’s price was trading at $164.3, representing a 1.32% increase in the last 24 hours. Investors showed increased interest as trading volume surged over 108.63% to $7.08 Billion within the same period.

This rally suggests that the current market demand could match the potential supply from the upcoming unlock.

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