According to the latest data analysis, the cryptocurrency market will face a significant wave of token unlocks this week, with a total value exceeding 300 million USD. This event may have a substantial impact on market liquidity and prices.

Among them, the SUI token is undoubtedly the focus of this round of unlocking. It is expected that on August 1, approximately 44 million SUI tokens will be released, with an estimated value of nearly 190.5 million USD, accounting for 1.27% of its circulating supply. This large-scale unlocking event may attract significant attention from investors.

Following closely is the JUP token, which is scheduled to unlock 53.47 million tokens on July 28, worth approximately 31.56 million USD, accounting for 1.78% of the circulation. ENA and OP will also see a significant unlocking on August 2 and July 31, respectively.

It is worth noting that the unlocking ratio of some tokens is relatively high. For example, the amount of tokens unlocked for GPS on August 1 will account for 20.42% of its circulating supply, while the unlocking ratios for KMNO and SIGN will also reach 9.50% and 12.50%, respectively. These high unlocking ratios may have a more significant impact on the market performance of the corresponding tokens.

In addition, some emerging projects such as AI and STIK will also participate in this round of unlocking. Although the amount unlocked is relatively small, it could still be a key market test for these emerging projects.

With the arrival of this wave of unlocks, market participants should closely monitor the price trends and trading volume changes of various tokens. Large-scale token unlocks often bring short-term price fluctuations, but they may also create new entry opportunities for long-term investors.

Overall, this significant token unlock event not only reflects the activity level of the cryptocurrency market but will also test the market recognition of various projects and investor confidence. All parties in the market will closely monitor the impact of this event on the overall encryption ecosystem.