Token unlock events are an important element in cryptocurrency, liberating previously restricted tokens that are often tied to fundraising agreements or other such conditions. These events are usually planned to the letter due to their immense implications on a token’s price and market sentiment. Furthermore, it is during these events that previously locked tokens become available for trading or distribution, which may either amplify a project’s ecosystem or trigger volatility depending on how this is handled.
It helps investors and market enthusiasts to keep an eye on unlocks, trying to predict any possible price fluctuations and their potential market impacts. Here are five significant token unlocks that take place within the first week of February 2025.
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XRP (Ripple) – February 2, 2025
XRP had an unexpected unlock of 400 million tokens on February 2. There was no vesting period documented for this week. Ripple unlocked 400 million XRP tokens, valued at around $1.13 billion based on today’s market prices, according to Whale Alert.
However, not all of these unlocked tokens will flood the market. Ripple claimed that only a few will be used for specified purposes, with the rest locked back into custody. This may mitigate the direct influence on the market, though it could shift market sentiment or cause price changes due to its size.
XRP is one of the largest cryptocurrencies, with a market capitalization of over $160 billion. It has seen tremendous growth, including a 300% rally after President Trump’s election victory. Recently, however, it has shown some bearish signs. This unlock, especially considering the size and market value of XRP, is an event that will be watched closely in the coming days.
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Jito Labs (JTO) – February 7, 2025
Jito Labs, a protocol company focused on the Solana blockchain, will unlock a total of 11.3 million JTO tokens on February 7. As of this date, JTO’s current estimated value is around $33.89 million.
Jito Labs focuses on optimizing Solana’s efficiency through its MEV (Maximum Extractable Value) systems. It offers a liquid stacking platform where users can lock their SOL tokens and receive staked SOL, known as JitoSOL, in exchange. The governance token, JTO, allows users to participate in key decisions as the network matures further.
Currently, JTO has a circulating supply of 289.4 million tokens out of its total supply of about 1 billion. The unlocked 11.3 million JTO is no small amount, and although it may increase the liquidity in the market, it’s likely to cause price fluctuations. The coming week will be crucial for Jito Labs as it navigates the release of these tokens.
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Galxe (GAL) – February 5, 2025
Galxe is a decentralized super app and Web3 distribution platform, which will unlock 5.18 million GAL tokens on February 5. Compared to the total GAL supply of 200 million, this is relatively small compared to the others. However, it is worth noting that it constitutes a significant share of the circulating GAL supply, as 127.7 million GAL tokens are currently in circulation.
The GAL token is used for transactions and as a gas token on the Gravity chain within the Galxe Ecosystem, which includes various applications like Galxe Quest, Galxe Passport, and Galxe Score. The newly unlocked tokens will be distributed among investors, growth backers, and the community during this unlock event. A majority—3.2 million GAL—will be allocated to investors and backers, with the rest going to community members, project teams, partners, and advisors.
Given Galxe’s role in the Web3 space, the release of these tokens could lead to fluctuations in the GAL token price, depending on how the market responds to the unlocked supply and its distribution.
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TARS AI (TAI) – February 2, 2025
On the same day that XRP unlocked its massive supply, TARS AI also unlocked 26.7 million TAI tokens on February 2. TARS AI is an AI-driven platform built on the Solana blockchain that facilitates the transition from Web2 to Web3 through scalable solutions. Its native token, TAI, powers the platform and is involved in various use cases.
TARS AI has a total supply of 1 billion tokens, with 59.4% of the supply still locked. The February 2 unlock marks 2.68% of the total supply, which will be distributed to key stakeholders across the ecosystem.
A significant portion of these unlocked tokens will be used for TARS AI’s “AI to Earn” feature, which aims to engage users in innovative ways. The rest will be distributed to liquidity providers, market makers, project teams, investors, and airdropped to the community. Given TARS’ position as an AI-driven protocol within the Solana ecosystem, the unlocking of these tokens could have a strong market impact, depending on the demand for TAI and its position in the AI sector.
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Neutron (NTRN) – February 3, 2025
Neutron is a smart contract platform based on the Tendermint framework and Cosmos SDK. The main token of Neutron will be released on February 3. The platform will support the deployment of inter-chain smart contracts and use the Inter-Blockchain Communication (IBC) protocol to enable the development of cross-chain applications with enhanced security.
NTRN has a total supply of 1 billion tokens, with only 22% currently in circulation. The February 3 unlock will release 9.96 million NTRN tokens, valued at approximately $2.38 million, into the market. These tokens will be distributed among team members, advisors, and investors, making it an important event for those involved in the Neutron ecosystem.
As Neutron plays a role in enhancing interoperability between blockchain networks, the release of these tokens could add liquidity to the platform and potentially influence the price of the NTRN token.
Conclusion
The first week of February is set to be a significant one for token unlock events that could have major impacts on the cryptocurrency market. From XRP’s massive unlock to smaller releases from Neutron and Jito Labs, these events will all have different effects depending on the size of the unlock, the demand for the individual tokens, and how the unlocked tokens are distributed across the ecosystem.
These tokens are likely to experience some unpredictability as they enter circulation. The broader crypto community will be closely watching these unlocks to gauge how they influence market prices and trends within the cryptocurrency space. Stay tuned for updates on these unlock events and their long-term implications for the market.
