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Major Crypto Projects to Unlock $755 Million in Tokens in July 2024

Jun 28, 2024

 Major Crypto Projects to Unlock $755 Million in Tokens in July 2024
 Major Crypto Projects to Unlock $755 Million in Tokens in July 2024
 Major Crypto Projects to Unlock $755 Million in Tokens in July 2024

In July 2024, cryptocurrency projects such as AltLayer (ALT), Xai (XAI), Aptos (APT), Arbitrum (ARB), Optimism (OP), Sui (SUI), Immutable (IMX), and Starknet (STRK) are set to unlock approximately $755 million worth of tokens as their vesting periods conclude. The largest token unlock will be by AltLayer on July 25, releasing 684 million ALT tokens valued at about $125 million. Xai follows with $93 million worth of tokens unlocking on July 9. Aptos will release 11.31 million APT tokens worth $77 million in July, continuing its series of token releases following previous unlocks in May and June. Arbitrum plans to release $75 million in tokens on July 16, while Optimism, Sui, Immutable, and Starknet also have significant token unlocks scheduled for the month.