Falling leaves and falling prices are not the sole crypto features of September; token unlocks are quite dominant in this month, with several blockchain projects releasing a portion of their tokens locked. Even October is making significant footprints in token unlocking, with Sui as one of the major coins. As the token unlock period approaches, AltCoin Desk has selected its top three picks: Arbitrum, Aptos, and Sui.
Token unlocks unlock a clear idea
Crypto projects often clasp tokens for investors, teams, or ecosystem incentives nd later unlock them gradually into circulation. Token unlock can mean a lot: new opportunities, increased circulating supply, heavy sell pressure, downward price, or even liquidity boost.
When a token unlock happens, the circulating supply of the token increases, the token price decreases due to high demand, and liquidity (buy and sell) grows. Sometimes prices remain unchanged as the market is already priced in it.
Big token unlocks in Q4
More than ten tokens are to be released in September and October, with tokens like Sui, Aptos, and Arbitrum set to see the crypto world in the coming weeks.
Arbitrum
Arbitrum is a Layer 2 scaling solution for Ethereum, built to make its transactions cheaper and faster. Launched in 2021, Arbitrum has become one of the leading and commonly used Layer 2 solutions, specifically for dApps and DeFi.
Arbitrum has unlocked a total of 39.6% of ARB, which is equal to 3.96 billion ARB. In the next unlock phase, Arbitrum will launch $44.59 million of ARB (1.75% of market cap.
Locked tokens: 1.76 billion (17.6%)
Next unlock: 92.63 million ARB tokens
Current price: $0.4903
Past 24 hours: -1.17%
Current circulating supply: 5.30 billion
Arbitrum token allocation
Talking about the allocation, ARB is spread across multiple categories, with the highest supply of 10 billion ARB. Out of 10 billion, 35.3% of the total ARB token supply is reserved for the Arbitrum DAO Treasury, while the team and advisors have 26.9% of the token, investors account for 17.5% and airdrops distributed to the community hold 11.6%.
Aptos
Aptos is a Layer 1 blockchain created by Aptos Labs for high-speed, low-cost, and scalable solutions for transactions. 44.5% (521.24 million) of the total APT tokens have been unlocked so far. The current locked token accounts for 478.60 million APT, which is equal to 40.8%. In the next few days, Aptos will release tokens that are worth 1.65% of its market capitalization.
Next unlock: 11.31 million APT
Locked: 478.60 million APT tokens
Current price: $4.30%
Past 24 hours: -1.05%
Current circulating supply: 686.81 million
Aptos token allocation
Token allocation of the APT token
APT token has a total supply of 1.17 billion, with the largest share reserved for the community ( 45.5%). Out of this, 20% is already unlocked.
Core contributors hold 16.9%, while the Aptos Foundation has 14.7%. Investors account for 12%, and 10.8% is reserved for staking rewards, incentivizing network security and participation.
Sui
Developed by Mysten Labs, Sui (SUI) is a decentralized Layer 1 blockchain designed to enhance faster, cheaper, and highly scalable crypto transactions.
So far, 35.7% equivalent to 3.57 billion Sui tokens, have been unlocked. In the next unlock, Sui will release $184.06 million worth of the token, which is 1.62% of its market cap.
Locked tokens: 1.21 billion (12.1%)
Next unlock: 56.91 million SUI tokens
Current price: $3.26
Past 24 hours: -6%
Current circulating supply: 3.51 billion
Sui token allocation
Token allocation of the SUI token
SUI has a maximum supply of $10 billion, with the largest portion, 52.2%, allocated for 2030. Community Reserves hold 10.6% of the total SUI supply, with 7.72% previously unlocked. Meanwhile, stake subsidies account for 9.49%, Series A investors hold 7.14%, Series B investors control 6.96%, and early contributors possess 6.13% of the token supply.
Bottom Line
Token unlocks in September are like stormy clouds. Some investors see the forecast of rain, while others see the chance to enjoy it. Aptos, Arbitrum, and Sui each face critical supply shifts in the coming weeks, and how they weather the volatility may define their momentum heading into the next year. One thing is certain — in crypto, token unlocks never fall dull, and September and October are evolving to be a headline-makers.
