$30 billion Token unlock in August! SOL and SUI lead the way, and the selling pressure from the unlock may impact short-term market sentiment.

According to the latest data from Tokenomist, the total value of tokens expected to be unlocked in the cryptocurrency market in August is approximately $3 billion, a significant decrease from $6.3 billion in July. Nevertheless, this unlocking event remains one of the largest token unlocks of the year, with SOL ($367 million) and SUI ($216 million) topping the unlocking chart, potentially significantly affecting short-term investor sentiment and market volatility. Although overall pressure has eased and some projects have seen institutional accumulation (such as Mill City investing in SUI and Upexi increasing the position in SOL), analysts warn that attention must be paid to supply absorption and large investors' wallet activity.

August Token Unlocking Scale Sharpens, SOL and SUI Become the Focus According to Tokenomist, the total value of unlocked tokens in the cryptocurrency market is expected to be around $3 billion in August, a significant decrease from the $6.3 billion total in July (a drop of over 50%). However, this still represents one of the largest token unlock events (Token Unlock) in 2025, and its potential short-term selling pressure (Selling Pressure) could significantly impact market sentiment (Market Sentiment) and exacerbate volatility (Volatility). Token unlocking is an important part of the lifecycle of most blockchain projects. This process involves the release of previously "locked" tokens, which are usually allocated to project Development Teams, Early Investors, or the Community. If the unlocking event lacks a balance of Genuine Market Demand, it often leads to downward price pressure. Therefore, high-value unlocking projects in August are of great interest to analysts and crypto investors.

(August Token Unlock | Source: Tokenomist)

SOL unlock scale ranks first (367 million), price downward risk raises concerns According to the Tokenomist report, Solana (SOL) will become the project with the largest unlock scale in August, releasing Token worth approximately $367 million. Although SOL performed well in July, with its price soaring to $206, its DeFi locked value (TVL) increased by 14%, and DEX trading volume also rose by 30%, the market is concerned that the massive unlock could lead to a price correction. Some analyses indicate that the SOL price could drop to $115 (the original $115,000 is likely a typo, as per the context it should be $115) or even lower levels.

SUI unlock volume second (216 million), institutions entering the market provide support Following SOL, Sui (SUI) ranks second in August with an unlocking amount of $216 million. Such a large-scale unlocking concentrated at a specific point in time can easily trigger significant price fluctuation if the market liquidity or demand is insufficient to absorb it. It is worth noting that both SUI and SOL have recently attracted Institutional Attention. Nasdaq-listed Mill City Ventures has allocated $450 million to position SUI as its Reserve Asset. Meanwhile, Upexi has announced an investment of $500 million to configure Solana for its Altcoin Treasury. These institutional dynamics may provide some support for the Token prices.

WLD, TRUMP and other Token unlock The total value of the locked tokens for Worldcoin (WLD) and Trump Coin (TRUMP) is approximately $377 million. The remaining unlocking quota is allocated to mid/low-cap token projects.

Market Perspective: Digesting Expectations is Key, Macroeconomic Factors may be Variables Crypto Assets investor Momin stated on platform X: "$SUI looks set for a reversal after forming higher lows. The recent weakness over the past few days is primarily due to market concerns about the unlocking of $200 million in Tokens. However, the market is efficient, and typically the Tokens actually rise on the unlock day (Token Pump), hoping this will be the case this time too! Tokenomist shared the view on platform X that: "In the face of another major Token unlocking period, Supply Absorption remains a key indicator that needs to be continuously monitored." However, as the total unlocking value in August has significantly decreased compared to the previous month, supply pressure may have "eased somewhat." If macroeconomic factors or other positive catalysts can align at this time, it will help stabilize the Token price and even promote a slight recovery.

Conclusion: Selling pressure remains, beware of short-term fluctuation risks Nevertheless, this does not mean that the potential selling pressure has completely disappeared. Investors are closely following the project fund, the development team's Unlock Schedule, and their on-chain wallet behavior to assess the risks of short-term price corrections. Against the backdrop of ongoing macro uncertainty in the third quarter, token unlock events will still be a key variable affecting short-term market sentiment and fluctuation.