Several crypto projects are set for token unlocks next week, with CONX leading by value at $18.1 million, while Arbitrum and Starknet remain key Ethereum Layer-2 releases closely watched by traders.
Several digital asset projects are scheduled for notable token unlocks next week, including CONX, Avalanche, Arbitrum, Aptos, Starknet, BASED and Sei. CONX has the largest reported unlock by value at $18.1 million, while Avalanche is set to release 1.67 million AVAX on May 12. Arbitrum and Starknet, both Ethereum Layer-2 networks, are also preparing major unlocks. One report states Arbitrum will unlock 95.87 million ARB worth about $13.71 million and Starknet will release 130 million tokens worth about $7.19 million, for a combined 225.87 million tokens valued near $20.9 million. A newer report lists Arbitrum at 92.65 million ARB on May 16 and Starknet at 127 million STRK, equal to 4.05% of circulating supply. Token unlocks are closely monitored because they increase circulating supply and can affect liquidity and short-term price action.