Token unlocks top $229M this week — HYPE, ENA, SOL among the names to watch.

Over the next seven days, total token unlock value is set to exceed $229 million, according to Tokenomist data. One-off unlocks above the $5 million threshold include HYPE, ENA, SXT, RED, and OPN, while the linear unlock cohort — daily releases above $1 million — covers RAIN, SOL, CC, TRUMP, WLD, and TAO.

Unlock weeks of this size tend to introduce incremental sell-side pressure, particularly for tokens where early backers or team allocations are vesting. Whether that pressure translates into price action depends on each project's current liquidity depth and how much of the supply is already in active circulation.

Traders typically watch the days immediately surrounding a cliff unlock for short-term volatility; linear unlocks are generally smoother but can compound if market conditions are already soft.