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$81.9 Million in Token Unlocks Set for May 5-11 as ENA and SPEC Lead in Volume


by Vignesh Karunanidhi
for CoinEdition
$81.9M in Token Unlocks Set to Hit Markets in May 5-11
  • Over $81.9M worth of tokens are unlocked in a single week as per Tokenomist data.
  • ENA leads with $55.79 million while SPEC shows the highest percentage of supply at 42.5%.
  • Eight different projects were affected with founders and private investors as primary recipients.

The cryptocurrency market is facing supply-side pressure as more than $81.9 million worth of tokens are scheduled to unlock between May 5 and 11, 2025. According to blockchain analytics firm Tokenomist, ENA tops the list with the largest unlock by volume. The project will release tokens worth $55.79 million, representing 3.1% of its circulating supply.

As per the data, the unlock, scheduled for May 5, makes it the most substantial single-day release of the week. The tokens are designated for both the founding team and private investors, with 6.61% of total ENA tokens being unlocked through this event.

The post $81.9 Million in Token Unlocks Set for May 5-11 as ENA and SPEC Lead in Volume appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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Why Stellar’s XLM Could Be on the Verge of Another Massive Rally

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Stellar’s XLM has surged by over 90% over the past month, making it one of the stando...

$81.9 Million in Token Unlocks Set for May 5-11 as ENA and SPEC Lead in Volume


by Vignesh Karunanidhi
for CoinEdition
$81.9M in Token Unlocks Set to Hit Markets in May 5-11
  • Over $81.9M worth of tokens are unlocked in a single week as per Tokenomist data.
  • ENA leads with $55.79 million while SPEC shows the highest percentage of supply at 42.5%.
  • Eight different projects were affected with founders and private investors as primary recipients.

The cryptocurrency market is facing supply-side pressure as more than $81.9 million worth of tokens are scheduled to unlock between May 5 and 11, 2025. According to blockchain analytics firm Tokenomist, ENA tops the list with the largest unlock by volume. The project will release tokens worth $55.79 million, representing 3.1% of its circulating supply.

As per the data, the unlock, scheduled for May 5, makes it the most substantial single-day release of the week. The tokens are designated for both the founding team and private investors, with 6.61% of total ENA tokens being unlocked through this event.

The post $81.9 Million in Token Unlocks Set for May 5-11 as ENA and SPEC Lead in Volume appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Senate Shakes Up Crypto With Major New Market Structure Draft

Senate Shakes Up Crypto With Major New Market Structure Draft

The Senate Banking Committee has released the Responsible Financial Innovation Act dr...
Why Stellar’s XLM Could Be on the Verge of Another Massive Rally

Why Stellar’s XLM Could Be on the Verge of Another Massive Rally

Stellar’s XLM has surged by over 90% over the past month, making it one of the stando...