Top Token Unlocks For The Last Week Of April

Token unlocks are back in focus this week, with over $400million worth of assets set to hit the market. These events often shake up liquidity, influence prices, and affect investor sentiment.

Multiple projects will release previously restricted tokens into circulation. This week’s most significant unlocks come from Scroll (SCR), Plume Network (PLUME), and AltLayer (ALT), alongside scheduled linear unlocks from several major assets like SOL, WLD, and DOGE.

Key one-time releases: VENOM and ALT

Two major cliff unlocks — where a project releases a large batch of tokens at once — stand out:

• VENOM: 59.26 million tokens valued at approximately $8.25m.
• ALT: 240.10 million tokens, worth around $7.09m.

These combined releases add $15.34m in new supply in a short window, increasing potential volatility in the market.

Daily unlocks continue across high-cap tokens

Several established projects continue daily linear unlocks. These smaller but consistent releases still hold market weight due to their high value:

• SOL: $68m
• WLD: $29m
• TIA: $18m
• DOGE: $15m
• TAO: $17m
• AVAX: $14m
• SUI: $7m
• DOT: $9m

These daily emissions maintain steady sell-side pressure on their respective markets.

Ronin (RON)

• Unlock date: 27 April
• Unlock amount: 32.68 million RON (3.27% of total supply)
• Circulating supply: 619 million
• Total supply: One billion

Ronin (RON) is the native token of the Ronin Network, a Layer 1 blockchain developed by Sky Mavis, the team behind Axie Infinity. Ronin was created to provide low-cost, high-speed transactions optimized for blockchain games and NFTs, addressing scalability issues encountered during Axie Infinity’s rapid growth on Ethereum.

The upcoming $17.86m RON token unlock will be largely distributed to the Sky Mavis team and for community staking rewards.

Kamino (KMNO)

• Unlock date: 30 April
• Unlock amount: 220 Million KMNO (2.20% of total supply)
• Circulating supply: 1.35
• Total supply: 10 billion

Kamino (KMNO) is the native utility and governance token of Kamino Finance, a decentralized finance (DeFi ) protocol built on the Solana blockchain. Kamino Finance integrates lending, liquidity provision, and leverage into a unified platform, aiming to simplify and optimize the user experience in DeFi.

The upcoming token unlock will largely be allocated to the project’s core contributors, key stakeholders, and advisors.

AltLayer (ALT)

• Unlock Date: 25 April
• Unlock amount: 240.80 million ALT (2.41% of total supply)
• Circulating supply: 3.03 billion
• Total supply: 10 billion

AltLayer works on blockchain scalability through Restaked Rollups. It combines rollup frameworks like OP Stack and Arbitrum Orbit with EigenLayer’s restaking for added security. On 25 April, the project will unlock 240 million ALT tokens worth an estimated $6.5m. These tokens are intended for the Foundation and future protocol development.

Each of these events increases available supply, which could weigh on prices in the short term. Traders and investors should stay alert as these assets enter the market.