Major Token Unlocks Hit the Market Facing Fresh Supply Pressure

Source: ETHNews Original Title: Major Token Unlocks Hit the Market Facing Fresh Supply Pressure Original Link: A new wave of scheduled token unlocks is set to hit the crypto market in the next hours, bringing millions of dollars in newly released supply across a range of mid-cap and micro-cap assets.

The incoming unlocks span infrastructure projects, gaming tokens, fan tokens, and emerging DeFi ecosystems, each facing varying levels of dilution risk depending on circulating supply and current market demand.

IO.NET Leads with $2.39M in Unlocks as Circulating Supply Climbs

IO.NET remains the largest project in this batch, with a market cap of just over $55 million and nearly 237 million tokens already in circulation. The protocol is preparing to unlock 10.28 million IO, worth approximately $2.39 million, representing 1.28% of total locked supply.

With almost 30% of total tokens unlocked so far, this event could attract traders watching for short-term volatility around GPU-network narratives.

High Unlock Pressure for NEUROS and Qubetics

Shockwaves NEUROS, a smaller-cap AI/compute token, is set to release 1.45 million NEUROS, equal to 1.45% of locked supply, against a tiny market cap of $59K. With 85% of tokens already unlocked, liquidity remains extremely thin, making any selling pressure potentially outsized.

Qubetics (TICS), another emerging project, faces an unlock of 65.09 million TICS (worth $1.89M). With only 44.88% of the total supply unlocked so far, this represents one of the heavier dilution risks in the group.

Hooked Protocol and xMoney Prepare for Multi-Million Token Releases

Hooked Protocol (HOOK) will unlock 8.33 million tokens valued at more than $373K, even as the token trades down on the day. Its unlock progress now sits at 60.67%, suggesting more waves of supply in the quarters ahead.

xMoney (UTK) is set for a 58.12 million token release (worth $933K), further expanding an already large circulating supply of 704 million UTK. With unlock progress at 72.47%, UTK is entering the later stages of its token-release schedule.

Fan Tokens Enter the Unlock Cycle as ACM, Santos, and Juventus Move

Sports-related tokens also show up in this unlock window:

• AC Milan Fan Token (ACM) is unlocking 205,263 tokens ($114K).
• Santos FC Fan Token (SANTOS) will release 5.7 million tokens ($12.65M), a significant number relative to its supply and market cap.
• Juventus Fan Token (JUV) faces a 208,334 token unlock ($139K).

These fan tokens often react differently than typical crypto projects, with price tied to club sentiment, seasonal hype cycles, and exchange-based retail demand.

Origin Protocol and DeBox Face Lighter but Notable Unlocks

Origin Protocol (OGN), which has already unlocked 88.29% of its total supply, is preparing for a 15.8 million OGN release, valued at about $577K. DeBox (BOX) will see 19.68 million BOX enter circulation, representing 1.97% of locked supply, and comes amid a larger-than-average daily decline of more than 10%.

PlaysOut and IO.NET Show Relative Stability Ahead of Unlock

PlaysOut (PLAY), one of the few tokens trading in the green, is scheduled to unlock 75.46 million PLAY ($2.26M). Despite a circulating supply of 554 million tokens, only 11.1% of the total has been unlocked so far, meaning dilution will continue over a longer horizon.

IO.NET, meanwhile, continues to show market strength ahead of its unlock, trading +2.68% on the day.

What This Means for Traders

This batch of unlocks spans a wide mix of token categories, but the market impact always depends on the same factors: liquidity, circulating supply, investor confidence, and upcoming catalysts.

Tokens with small market caps and low liquidity, such as NEUROS, BOX, and Qubetics, carry the highest short-term volatility risk. Larger or more established projects like IO.NET, Hooked Protocol, and Origin may absorb the additional supply more smoothly.

With millions in unlocked tokens entering the market in the next several hours, traders are bracing for potential price swings across these assets as fresh supply collides with weekend liquidity conditions.