5 Token Unlocks to Watch Next Week
Optimism, Sui, and other projects have token unlocks next week.The total value of tokens unlocked this week exceeds $440 million.Token prices may experience fluctuations around large unlocks.Token unlocks release tokens previously restricted by fundraising agreements. Projects time these events strategically to manage market pressure and stabilize prices.Here are five major token unlocks set for next week.Optimism, a Layer-2 scaling solution, improves transaction speed and lowers costs on the Ethereum mainnet. The OP token plays a key role in governance, allowing holders to vote on proposals and shape the network’s development.On December 31, Optimism will unlock 31.34 million OP tokens. According to Tokenomist , these tokens will be distributed to core contributors and investors.The SUI token enables governance, allowing holders to vote on proposals and shape the platform’s future. On January 1, a major token unlock will release tokens allocated to Series A and B participants, the com