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.