Weekly Token Unlocks: ZRO Unlocks $23 Million Worth of Tokens
- Core Insight: Three projects (LayerZero, Kaito, Starknet) will experience token unlocks this week, with approximately 260 million tokens entering the market, totaling approximately $34.7 million. This could exert some short-term pressure on the liquidity and price of the related tokens.
- Key Factors:
- LayerZero will unlock 25.75 million tokens (approximately $23.16 million). As the leading omnichain interoperability protocol, this is the largest unlock this week, and changes in its circulating supply need to be monitored.
- Kaito will unlock 17.6 million tokens (approximately $7.4 million). As an AI-driven Web3 information aggregation platform, its token unlock scale is relatively small.
- Starknet will unlock 120 million tokens (approximately $4.34 million). Although the monetary value is lower, the sheer number of unlocked tokens is massive, reflecting its low unit price characteristic, which could impact potential selling pressure on the market.
LayerZero
Project Twitter: https://x.com/LayerZero_Core
Project Website: https://layerzero.network/
Tokens Unlocked This Round: 25.75 million
Value Unlocked This Round: Approximately $23.16 million
LayerZero is an omnichain interoperability protocol designed for lightweight cross-chain message passing. LayerZero provides trustable and guaranteed message delivery with configurable trustlessness.
The specific unlock schedule is as follows:
Kaito
Project Twitter: https://x.com/KaitoAI
Project Website: https://www.kaito.ai/
Tokens Unlocked This Round: 17.6 million
Value Unlocked This Round: Approximately $7.4 million
Kaito is an AI-driven Web3 information platform designed to solve the problem of information fragmentation in the crypto industry. By aggregating data sources such as social media and governance forums, Kaito leverages AI technology to provide real-time search, sentiment analysis, and trend tracking.
The specific unlock schedule is as follows:
Starknet
Project Twitter: https://twitter.com/Starknet
Project Website: https://starknet.io/
Tokens Unlocked This Round: 120 million
Value Unlocked This Round: Approximately $4.34 million
Starknet is a Layer 2 scaling solution for Ethereum, utilizing zk-STARKs technology to make Ethereum transactions faster and cheaper. Starknet's parent company, StarkWare, was founded in 2018 and is headquartered in Israel. Its main developed products include Starknet and StarkEx. By using STARKs, Starknet verifies transactions and computations without requiring all network nodes to verify every operation. This significantly reduces the computational burden and increases the throughput of the blockchain network.
The specific unlock schedule is as follows:
