BLAST AltLayer VENOM Unlock $31.8M Tokens Causing Market Volatility

Coin WorldSunday, Jun 22, 2025 5:11 pm ET
1min read

Major token unlocks are anticipated for BLAST, AltLayer, and VENOM, with a combined value exceeding $31.8 million. These unlocks are expected to significantly impact market dynamics, potentially leading to short-term volatility and price shifts. Investors are advised to remain cautious as the market absorbs these newly unlocked tokens.

BLAST is scheduled to release 35.08% of its tokens, valued at approximately $25.15 million, on June 26. AltLayer (ALT) will unlock 2.87% of its tokens on June 25, affecting 6.83% of its total supply. VENOM will release 0.50% of its tokens, although the exact date for this unlock has not been specified. These unlocks are part of the projects' token distribution plans and are designed to gradually introduce more tokens into circulation.

Despite the significance of these unlocks, there have been no public statements from the leadership of these projects. BLAST’s anonymous team and Dr. Yaoqi Jia of AltLayer have not issued any official comments regarding the upcoming unlocks. This lack of communication has left investors to speculate on the potential impact of these events on the market.

As over $31.8 million in tokens are set to be released, the market may experience increased volatility. Trading volumes for BLAST have already declined by 34%, indicating a cautious approach from investors. This decline suggests that investors are anticipating the potential impact of the unlocks and are adjusting their positions accordingly.

The financial implications of these unlocks are significant. Large token unlocks often lead to short-term declines in token prices, particularly for Layer 2 solutions or modular projects. AltLayer and VENOM may see varied market reactions depending on the relative supply influx and investor confidence. Historically, similar unlock events in Layer 2 projects have triggered volatility, with price shifts based on demand absorption and the comparative market cap of these tokens.

Seasoned observers predict that the market will experience price shifts as it absorbs the newly unlocked tokens. Investor caution is expected to play a significant role in how the market reacts to these events. The lack of public statements from project leadership adds to the uncertainty, making it difficult for investors to gauge the potential impact of the unlocks. As such, investors are advised to remain vigilant and prepared for potential volatility in the coming days.