Weekly Token Unlocks: 14 Projects to Unlock Tokens Worth $110 Million
- Core View: This week, multiple crypto projects are experiencing token unlocks, with Grass, EigenLayer, and SoSoValue having the largest unlock scales. These involve different sectors such as AI data layers, Ethereum restaking, and AI investment research, with a total release value exceeding $23 million.
- Key Elements:
- Grass has the largest unlock: Releasing 57.29 million tokens, valued at approximately $11 million. The project is positioned as an AI data layer, combining DePIN with Solana technology.
- EigenLayer has the second-highest unlock value: Releasing 36.82 million tokens, valued at approximately $7.26 million. Its core innovation is introducing Ethereum restaking to extend crypto-economic security.
- SoSoValue's unlock focuses on AI investment research: Releasing 13.32 million tokens, valued at approximately $4.99 million. The platform aims to solve information overload in the crypto market using AI.
- Diverse sector distribution: This round of large-scale unlocks covers three main directions: AI infrastructure (Grass), Ethereum ecosystem security (EigenLayer), and financial information tools (SoSoValue).
Grass
Project Twitter: https://x.com/grass
Project Website: http://grass.io/
This Unlock Amount: 57.29 million tokens
This Unlock Value: Approximately $11 million
Grass is a project deployed on Solana that combines AI, DePIN, and Solana technologies, positioning itself as the data layer for AI. As a decentralized network, Grass aims to provide the data required for AI model training by accessing the public web.
The specific release schedule is as follows:
EigenLayer
Project Twitter: https://x.com/eigenlayer
Project Website: https://www.eigenlayer.xyz/
This Unlock Amount: 36.82 million tokens
This Unlock Value: Approximately $7.26 million
EigenLayer is a protocol built on top of Ethereum that introduces the concept of restaking, a new primitive in cryptoeconomic security. This primitive allows for the restaking of ETH at the consensus layer. Users who have staked ETH can opt into EigenLayer smart contracts to restake their ETH and extend cryptoeconomic security to other applications on the network.
The specific release schedule is as follows:
SoSoValue
Project Twitter: https://x.com/SoSoValueCrypto
Project Website: https://sosovalue.com/
This Unlock Amount: 13.32 million tokens
This Unlock Value: Approximately $4.99 million
SoSoValue is an AI-powered investment research platform that combines the efficiency of CeFi with the transparency of DeFi, aiming to address challenges such as information overload and cross-chain asset management in the cryptocurrency market.
The specific release schedule is as follows:
