"Crypto Unlocks: Portal, AltLayer, NFPrompt Tokens Surge"
1min read As the last week of February approaches, the cryptocurrency market is gearing up for several significant token unlocks. These events, carefully planned by blockchain projects, aim to manage market impact and volatility. Here are three major token unlocks scheduled for the upcoming week:
Portal (PORTAL)
The Portal token, the native utility token for a cross-chain Web3 gaming platform, is set to unlock 25.61 million PORTAL tokens on February 28. This represents 2.56% of the maximum supply. The current circulating supply is 167.1 million PORTAL, with a total supply of 1 billion PORTAL.
The upcoming unlock will release tokens from several rounds of allocation, including the Team & Advisors allocation, which will increase by approximately 920,000 tokens, and the Treasury allocation, which will add around 3.31 million tokens. With three rounds still pending, this unlock could inject fresh liquidity into the market, potentially affecting price dynamics and incentivizing further ecosystem development.
AltLayer (ALT)
AltLayer, a decentralized protocol designed to help blockchain developers launch and optimize Layer-2 rollups, is set to unlock 240.80 million ALT tokens on February 25. This represents 2.41% of the total supply. The current circulating supply is 2.55 billion ALT, with a total supply of 10 billion ALT.
The ALT token plays a vital role in staking, governance, and protocol fee payments. This unlock is distributed across several allocations, including the Foundation/Treasury, Protocol Development, Ecosystem & Community, Team, Seed Round, Strategic Round, and Strategic Partners. The significant token release will likely enhance liquidity and further support AltLayer’s scaling and security initiatives.
Previously, in 2024, ALT saw a significant drop in price ahead of its $100 million token unlock. However, the upcoming unlock is significantly smaller, but market volatility should be expected.
NFPrompt (NFP)
NFPrompt, an AI-powered content creation platform for Web3, is set to unlock 14.51 million NFP tokens on February 27. This represents 1.45% of 
