Crypto Market Faces Additional Selling Pressure with Upcoming Token Unlocks

The upcoming token unlocks are likely to have a significant impact on the cryptocurrency market, with over $230 million worth of tokens set to enter circulation between March 23 and March 30.

According to Tokenomist, the largest cliff unlock comes from H, which will release 105.36 million tokens worth about $10 million on March 25. This represents a significant portion of newly available supply.

Other notable cliff unlocks include JUP, SPACE, SOSO, NIL, and PARTI, although their impact is expected to be smaller compared to the H unlock.

In addition to cliff unlocks, linear releases are also scheduled to take place. RAIN will lead with 9.47 billion tokens worth about $80.56 million scheduled for release throughout the week.

Solana will unlock 471,220 SOL valued near $40.97 million, although this represents only a small share of circulating supply. Other notable linear unlocks include CC, TRUMP, WLD, and DOGE.