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    Big drop coming— NIL, XPL, GRASS brace for major unlocks

    NIL, XPL and GRASS unlocks coming soon
    Updated:October 22, 2025, 5:43 EDT

    Uptober, revered to be the most bullish month of the year, was disrupted by Trump’s tariffs. The crypto markets crashed, and the total crypto market cap fell below the $4 trillion level. In such adverse conditions, more than $4 billion worth of crypto will be unlocked for Uptober, which is just October now. About $928 million worth of tokens are scheduled to be unlocked in the course of the week. 

    NIL to unlock 11 million tokens; testing time for $0.35 resistance 

    NIL is the native token of the Nillion ecosystem, which is a blind computer. It is a decentralized network for private computation and data storage that leverages Privacy-Enhancing Technologies (PETs) to process and store data without exposing it. This enables applications such as privacy-preserving AI, encrypted databases, and secure, data-driven services. 

    In another two days, more than 11 million tokens are scheduled to hit the market. The 11 million NIL represents about 1% of the supply, and it is worth about $3.6 million. With this unlock, more than one-fourth of the supply will be circulating in the market. 

    With this token unlock, NIL may be able to go past the resistance level at $0.35, which NIL has been testing but failed to break through. The 24-hour trading volume has increased to $35 million after surging by more than 15%. 

    XPL will release 20% of the total supply 

    XPL is the native token of the Plasma chain, which is an infrastructure built for stablecoins. 

    The network runs on a combination of a custom Byzantine Fault Tolerant consensus mechanism, called PlasmaBFT, with an EVM-based execution layer and a trust-minimised Bitcoin bridge. These mechanisms run in the background to provide secure, scalable, and low-latency infrastructure for stablecoin issuers, financial institutions, and decentralised applications. 

    In three days’ time, the Plasma chain will unlock about 89 million tokens, which is worth about $34 million at its current price. With this unlock event, Plasma will unleash nearly 20% of the total supply.  

    GRASS to unlock 50% of its total supply 

    Grass is an innovative system that helps users rent out their unused internet bandwidth. Grass uses an advanced system called the Sovereign Data Rollup, which coordinates a vast network of connected computers. When a user downloads the Grass app, the device automatically becomes a node that shares unused bandwidth capacity. 

    GRASS is the token that powers the network with a total supply of 1 billion tokens. Next week, the network will release about 184 million tokens in 3 rounds, which is worth about $77 million. 

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    Disclaimer:

    This article is for informational purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency investments are subject to high market risk. Readers should conduct their own research or consult with a financial advisor before making any investment decisions. The views expressed here do not necessarily reflect those of the publisher.