Top Token Unlocks - Cardano, Bitget, Nervos, StarkNet & Aptos

Top Token Unlocks: Cardano, Bitget Token, Aptos, StarkNet, Nervos Upda

Cardano (ADA)

Cardano (ADA) is preparing for a token unlock event on November 6, 2024, which will release approximately 18.53 million ADA, valued at around $6.16 million, representing 0.05% of its circulating supply. With a current circulating supply of roughly 35.75 billion ADA, this unlock is part of a larger emission plan, adding a total of 37.06 million ADA (0.10% of the circulating supply) by December 12, 2024. These emissions, including scheduled cliff unlocks, aim to support network liquidity and Cardano's vision of creating a secure, transparent global blockchain system.

Bitget Token (BGB) 

Bitget Token (BGB) currently trades at $1.13 with a circulating supply of around 1.4 billion BGB out of a maximum 2 billion. A token unlock event is scheduled for November 10, 2024, releasing 5.38 million BGB (0.38% of circulating supply), valued at approximately $6.08 million. With 89.25% of the total supply unlocked, this event marks a minor addition to circulating supply, aligning with Bitget’s strategy to gradually increase liquidity while supporting staking, social trading, and trading fee discounts within its ecosystem.

Aptos (APT)

Aptos, a Layer 1 blockchain, is set for its next major token unlock on November 11, 2024, releasing 11.31 million APT (about $92.85 million) into circulation. This unlock represents 2.18% of its approximately 519 million circulating supply. The blockchain’s structure and innovative Move programming language drive scalability, potentially reaching 150,000 transactions per second. With backing from giants like Andreessen Horowitz, Tiger Global, and Jump Crypto, Aptos aims to accelerate Web3 adoption. Currently, around 401.43 million APT tokens are unlocked in total.

StarkNet (STRK)

StarkNet (STRK) is progressing with its token unlock schedule, with 11.8% (around 1.17 billion STRK) already circulating out of a total 10 billion supply. A gradual unlock process aims to balance supply growth, with the next unlock event set for November 15, releasing 64 million STRK, about 3.05% of the circulating supply. This phased approach, extending until 2027, ensures controlled inflation, supporting long-term stability and growth as StarkNet scales decentralized applications on Ethereum.

Nervos Network (CKB)

The Nervos Network (CKB) is set to release approximately 1.34 billion CKB tokens on November 24, 2024, amounting to 2.99% of its circulating supply, currently around 44.9 billion CKB. This token unlock event, estimated at $15.7 million, follows the November 16 release, marking a regular emission strategy. CKB tokens power the Nervos blockchain, allowing users to store assets and access secure blockchain services. With over 50.77 billion tokens unlocked so far, Nervos continues to drive innovation in decentralized applications.