Plasma, Humanity Protocol, Jupiter, and SOON Announce Major Token Unlocks

Four blockchain projects will release over 269 million tokens worth more than $46 million in late December, expanding circulation across various digital asset ecosystems.

JUP

Summary

Humanity Protocol will unlock 105.36 million tokens valued at $15.62 million on December 25, while Plasma will release 88.89 million tokens worth $11.5 million on the same date. Jupiter is scheduled to unlock 53.47 million tokens worth $10.28 million on December 28, and SOON will unlock 21.88 million tokens worth $8.82 million on December 23. These combined token unlocks total over $46 million in cryptocurrency entering the market across identity verification, stablecoin payment, decentralized finance, and other blockchain applications.

Terms & Concepts
  • Token Unlock: The release of previously locked cryptocurrency tokens, often to increase circulation or meet project milestones.
  • Stablecoin: A cryptocurrency pegged to a stable asset, such as the U.S. dollar, to reduce volatility.
  • DeFi: Short for decentralized finance, an ecosystem of financial services built on blockchain without traditional intermediaries.