Top Token Unlocks 2025: Major Crypto Unlocks to Watch

Top Token Unlocks 2025: JITO Labs, SPACE ID, ETHENA, NAVI, and TENSOR

Top 5 Token Unlocks to Watch in 2025: JITO LABS, NAVI, SPACE ID, ETHENA, TENSOR and their Market Impact

Token unlocks are critical events in the crypto market, as they can significantly impact price movements and investor sentiment. The unlocking of tokens very often occasions sell pressure, especially when VCs and early holders are given access to their previously locked allocation. Market dynamics may change with its significant token unlocks scheduled for 2025 for Jito Labs (JTO), NAVI Protocol (NAVX), SPACE ID (ID), Ethena (ENA), and Tensor (TNSR). In this article, we shall outline some of the much-awaited crypto token unlocks of the year 2025 and analyze how their unlocks may influence the price trends and investor activities.

Now, let’s dive into the upcoming major crypto token unlocks in 2025.

Jito Labs (JTO) 

Unlock Date: February 7, 2025

Jito Labs, a prominent player in Solana’s liquid staking ecosystem, is set for a significant token unlock on February 7, 2025. This round will release 11.31 million JTO tokens, representing 1.13% of total supply, valued at approximately $28.71M (3.86% of its market cap).

Jito’s liquid staking token, JitoSOL, is unique because it enhances staking rewards by incorporating MEV (Maximal Extractable Value) transactions. Additionally, Jito exclusively stakes with validators optimized to improve Solana’s network efficiency.

• Dump Pressure: High

• Unlock Percentage: 1.55% of circulating supply ($12.3M)

• VC Dominance: 16.2% (Medium)

• VC Profits: 44.51x

Market Outlook for JTO

Given the high dump pressure and a moderate level of VC dominance, JTO may experience some short-term sell pressure following its unlock. However, Jito’s utility in the Solana staking ecosystem could help stabilize its price over time.

NAVI Protocol (NAVX) 

Unlock Date: February 7, 2025

NAVI Protocol, the first native one-stop liquidity protocol on the Sui blockchain, is also set for a February 7, 2025 unlock. A total of 32.16 million NAVX tokens (3.22% of total supply) will be released, amounting to $2.53M, which is 8.05% of NAVX’s market cap.

NAVX allows users to act as liquidity providers or borrowers, facilitating lending and borrowing within the Sui ecosystem. Key features like Automatic Leverage Vaults and Isolation Mode provide users with enhanced trading opportunities while mitigating risks.

• Dump Pressure: High

• Unlock Percentage: 2.12% of circulating supply ($709K)

• VC Dominance: 16% (Medium)

• VC Profits: 7.17x

Market Outlook for NAVX

Despite a high dump pressure, NAVI’s integration into the DeFi space could sustain demand for NAVX tokens. However, with moderate VC dominance, some price volatility is expected post-unlock.

SPACE ID (ID) 

Unlock Date: March 22, 2025

SPACE ID is a universal naming service network connecting users across multiple blockchains. Its upcoming unlock on March 22, 2025, will release 18.49 million ID tokens (0.93% of total supply), worth approximately $4.49M (4.29% of its market cap).

SPACE ID provides multi-chain interoperability, decentralized identity services, and an oracle-based system to enhance scalability. The project launched its .bnb domain service in 2022 and has since expanded its ecosystem.

• Dump Pressure: Very High

• Unlock Percentage: 7.74% of circulating supply ($8.55M)

• VC Dominance: 28% (High)

• VC Profits: 14.76x

Market Outlook for SPACE ID

With high VC dominance (28%) and very high dump pressure, ID may face significant selling pressure post-unlock. Investors should watch trading volumes closely as increased sell-side liquidity could impact the token’s short-term price action.

Ethena (ENA) 

Unlock Date: April 2, 2025

Ethena is developing a derivative infrastructure for Ethereum, aiming to establish the first crypto-native, yield-bearing stablecoin: USDE. The upcoming unlock on April 2, 2025, is massive—94.19 million ENA tokens (0.63% of total supply), worth $46.10M (3.01% of its market cap).

Ethena’s mechanism uses delta-neutral hedging on stETH, securing stability through on-chain custodial wallets and derivatives trading. This enables the issuance of USDe, backed by Ethereum’s economic activity.

• Dump Pressure: Very High

• Unlock Percentage: 30% of circulating supply ($507M)

• VC Dominance: 25% (High)

• VC Profits: 107.3x

Market Outlook for ENA

The 30% unlock cliff will significantly increase circulating supply, creating strong downward price pressure. With high VC dominance and enormous profits (107.3x), early investors might sell aggressively, impacting ENA’s price. Additionally,  Ethena’s move to back USDe with SOL earlier in 2024 could bolster investor confidence and partially offset sell pressure.

Tensor (TNSR) 

Unlock Date: April 8, 2025

Tensor is a Solana-based NFT trading platform offering advanced tools such as TradingView integration, collection-wide bids, and market-making orders. Its next unlock, scheduled for April 8, 2025, will release 198,030 TNSR tokens (0.02% of total supply), valued at $58.10K (0.08% of market cap).

• Dump Pressure: High

• Unlock Percentage: 11.5% of circulating supply ($9.0M)

• VC Dominance: 9.0% (Low)

• VC Profits: 9.06x

Market Outlook for TNSR

Despite a high dump pressure, Tensor’s low VC dominance (9%) suggests less aggressive sell-offs from investors. Given its niche focus on the NFT market within Solana, demand for TNSR may remain stable.

what are token unlocks and Their Market Impact

Token unlocks are scheduled events when previously locked tokens come into circulation. These occurrences can cause price volatility as early investors, developers, or any other stakeholders may choose to sell unlocked tokens. The price may get significantly pressured for the token due to increased sell-side liquidity when a large percentage of the token's supply is unlocked all at once. 

Top token unlocks are essential for investors and traders in order to make well-informed decisions. The knowledge of the timing and quantity of the unlocking helps market participants anticipate possibilities for price movement.

Conclusion

Token unlocks remain a key factor in the crypto market, affecting price trends and liquidity. In 2025, significant unlocks from projects like Jito Labs, NAVI Protocol, SPACE ID, Ethena, and Tensor will test investor sentiment and market resilience.Through the events seem to be short-term selling pressure, they also serve as excellent opportunities for strategic investors to take advantage of the inefficiencies in the market. Traders informed and insightful of the implications of each unlock will be able to handle the volatility and strategically position themselves for long-term gains in the crypto market.

If you found this blog informative and want to explore more, Do check out Upcoming Crypto Airdrops to watch in 2025.