A wave of token unlocks worth over $1.28 billion is set to hit the cryptocurrency market in the coming month, with the PROVE token standing out due to a supply increase of over 104%. Data from Tokenomist shows that the week of August 3–9 alone will witness several significant cliff unlocks, while larger linear releases will continue to add pressure throughout the month.
PROVE’s unprecedented unlock is scheduled for August 5 at 3:00 p.m. UTC. A total of 208 million PROVE tokens, valued at roughly $34.96 million, will be released—equivalent to 104.17% of the current circulating supply. This means the available supply will more than double in a single event, a rarity that could trigger substantial volatility.
Other notable unlocks this week include ENA (172 million tokens, $15.36 million, 1.97% of supply) on August 5 at 7:00 a.m. UTC, OPN (32.09 million tokens, $1.56 million, 8.94% of supply) on August 5 at 12:00 p.m. UTC, and MOVE (165 million tokens, $1.24 million, 4.11% of supply) on August 9 at 12:00 p.m. UTC.
Beyond the immediate week, Tokenomist data reveals that major one-time unlocks exceeding $10 million each will affect tokens such as HYPE, YZY, KAITO, H, ZRO, CONX, and AVAX. In parallel, large linear monthly unlocks—each worth over $10 million—are scheduled for SOL, TRUMP, DOGE, WLD, TAO, MORPHO, PUMP, and others. The combined value of all these unlocks surpasses $1.282 billion.
Token unlocks are a planned part of vesting schedules, allowing early investors, team members, and ecosystem participants to access previously restricted assets. While the events do not guarantee selling, a sudden expansion of circulating supply historically increases the potential for downward price pressure, especially if recipients choose to liquidate large portions. Conversely, strong demand or the use of unlocked tokens for staking and governance can mitigate the impact.
Investors are advised to closely monitor these unlocks and assess each project’s fundamentals, unlock use-case, and overall market conditions. The PROVE unlock, in particular, will be a stress test for price stability given the massive supply shock.
