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Cardano and Solana Face Large Token Unlocks in October – Should SOL and ADA Investors be Concerned?

  • Cardano and Solana will both face token unlocks in October, with Solana’s larger release likely to raise more market concerns than Cardano’s smaller one.
  • Cardano plans to unlock 37.06 million tokens, valued at $14.34 million, representing 0.10% of its circulating supply.
  • Solana is preparing for a larger unlock of 524.03 million tokens, worth $81.56 million, accounting for 0.11% of its supply.
  • Other major token unlocks scheduled for October include Aptos, Sui, IMX, and NEAR, which could add to market volatility across various crypto markets.

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