The cryptocurrency market will witness a series of large-scale token unlock events this week. According to data from Token Unlocks, multiple well-known projects will release a large number of tokens at once between October 20 and 25, with a total value exceeding $50 million.
Among them, LayerZero ($ZRO) will unlock 25.71 million Tokens on October 20, worth approximately 43.19 million USD, accounting for 7.86% of its circulating supply.
On the same day, KAITO ($KAITO) will also unlock 8.35 million Tokens, worth approximately $8.81 million. Following that, on October 22, MBG By Multibank Group ($MBG) and Scroll ($SCR) will unlock 15.84 million and 82.5 million Tokens, respectively.
On October 25, Plasma ($XPL) will also join the ranks of unlocked tokens, with a value of approximately 35 million to 90.1 million dollars entering the circulating market.
01 This Week’s Token Unlock Details
The cryptocurrency market is about to face a test of a supply surge. Several important projects plan to release a large amount of previously locked tokens this week, and these unlockings may have a significant impact on their respective prices.
According to data from Token Unlocks, a new week starting on October 20 will see over $50 million worth of Token unlocks in the market.
LayerZero ($ZRO) is undoubtedly the most eye-catching project in this unlocking wave. $ZRO will unlock 25.71 million Tokens on October 20, valued at approximately 43.19 million dollars at current prices, which accounts for 7.86% of its circulating supply.
The current circulation of $ZRO is 380 million tokens, with a total of 1 billion tokens. For holders, this unlock means a significant increase in the circulating supply, which may put pressure on market prices.
Following closely is MBG By Multibank Group ($MBG), which will unlock 15.84 million Tokens on October 22, valued at approximately $17.04 million, accounting for 11.97% of its circulating supply. Such a high proportion of circulating supply being released is likely to cause significant volatility in the price of this Token.
On the same day, Scroll ($SCR) will also unlock 82.5 million Tokens, worth approximately $14.23 million, which accounts for 43.42% of its circulating supply. Nearly half of the circulating supply is released all at once, making $SCR one of the highest-risk assets in this week’s unlocking events.
On October 25, Plasma ($XPL) will complete a token unlock valued between $35 million and $90.1 million. $XPL, as a project launched by Gate Launchpad, has previously garnered widespread market attention.
In addition, KAITO ($KAITO) also plans to unlock 8.35 million Tokens on October 20, worth approximately 8.81 million dollars, accounting for 3.06% of its circulating supply.
02 The Market Impact of Unlocking Tokens
Token unlock is a routine event in the cryptocurrency market, but it has a significant impact on asset prices. Understanding its underlying mechanisms can help investors better cope with market fluctuations.
When the locked tokens are suddenly released into the market, it will directly increase the circulating supply of the asset. If market demand remains unchanged while supply increases suddenly, according to basic economic principles, the price is likely to face downward pressure.
Market analysts point out that token unlocks may bring selling pressure and volatility. After a large number of low-cost tokens enter the market, early investors, team members, or advisors may choose to take profits, thereby increasing selling pressure.
Taking $ZRO as an example, this time 25.71 million tokens were unlocked, worth approximately 43.19 million US dollars. This means that theoretically, the market needs to absorb about 43.19 million US dollars of selling pressure to maintain the current price level.
The actual impact of token unlocks on price depends on multiple factors. Market sentiment, project fundamentals, and the scale of the unlock all play important roles.
If the entire market is in a bull phase and the project itself has strong fundamentals, then the selling pressure from unlocking may be absorbed by positive market demand. Conversely, in a bear market environment, large-scale unlocking may exacerbate price declines.
Foresight News reminds investors in its report: "More supply → possible selling pressure and volatility. Strong demand = absorption, weak demand = downside risk." This perspective succinctly summarizes the impact mechanism of token unlocks on the market.
03 Investor Response Strategies
In the face of intense Token unlocking events, investors need to remain calm and develop reasonable investment strategies. The correct approach can help investors avoid risks and even discover opportunities from market fluctuations.
Closely monitoring the unlocking schedule is a top priority. Knowing which tokens unlock when, as well as the proportion of the unlocked amount to the circulating supply, helps in making advance arrangements or avoiding risks.
Taking $SCR as an example, the tokens unlocked on October 22 account for 43.42% of the circulating supply, which is quite high. Investors need to be particularly cautious of tokens with such a high unlocking ratio.
Evaluating the fundamentals of a project is equally important. If the project has a strong technical background, active community support, and a clear development roadmap, then even in the face of large-scale unlocks, the long-term value may still support a price recovery.
$XPL is an example, as the project was previously subscribed through Gate Launchpad, offering highlights such as zero-fee USDT transfers, stablecoin payments, and application scenarios. Projects with substantial technical foundations like this may recover more easily from the selling pressure during the early unlocking.
For short-term traders, it may be wise to consider appropriately reducing positions before the unlocking. Historical data shows that the probability of price drops before and after Token unlocks is relatively high, and reducing risk exposure in advance can protect the portfolio.
Conversely, for long-term investors, the price low after unlocking may provide a good entry opportunity. Once the selling pressure from unlocking is absorbed by the market, projects with solid fundamentals often gradually recover and reach new highs.
Diversified investment is always an effective way to manage risk. By spreading funds across different projects and assets with different unlocking times, one can avoid significant losses due to a single event.
04 Notable Token Cases
Among the tokens set to be unlocked this week, several projects deserve special attention from investors due to their unique backgrounds and the scale of their unlocks.
$ZRO (LayerZero), as a leading project in the field of cross-chain interoperability, has always attracted wide attention from the market. However, this time the unlocking of 25.71 million tokens, accounting for 7.86% of the circulating supply, may create significant pressure on the price in the short term.
Investors should closely monitor the market absorption capacity after the unlocking, as well as whether the project party has any measures to stabilize the price.
$XPL (Plasma) was publicly subscribed on Gate Launchpad in September 2025, with a subscription price of 1 XPL = 0.35 GUSD. Highlights of the project include zero-fee USDT transfers, stablecoin payments and application scenarios, as well as collaborations with DeFi protocols such as Aave, Euler, and Ethena.
$XPL will unlock tokens worth between 35 million and 90.1 million dollars on October 25, and early investors may choose to take profits, leading to selling pressure.
The situation of $SCR (Scroll) is particularly special, as the Tokens unlocked on October 22 account for 43.42% of the circulating supply, the highest ratio among all unlocking events this week. Such a large number of Tokens released all at once will almost inevitably lead to drastic price fluctuations.
For such high proportion unlocks, investors should exercise extreme caution and closely monitor changes in market depth and trading volume.
$MBG will unlock 15.84 million Tokens on October 22, accounting for 11.97% of the circulating supply, which is also a significant proportion. This Token is associated with Multibank Group, and its performance post-unlock may reflect the market’s confidence in crypto projects with traditional financial backgrounds.
Future Outlook
Token unlock events are like periodic stress tests for the cryptocurrency market. Whether the market can absorb this new supply ultimately depends on the actual value of each project and market demand.
As a market observer stated, in the token unlocking event, "strong demand = absorption, weak demand = downside risk." This principle applies to every unlocking event and will also be validated in this week’s market performance.
