The cryptocurrency market is anticipating a substantial influx of tokens into circulation this week, with a combined value exceeding $161 million. These token unlocks are scheduled events that release previously locked tokens, which can influence supply dynamics and potentially impact asset prices. Investors are closely observing these events for any potential market shifts.
A significant portion of this week's unlocks is attributed to Toncoin (TON). The total token unlocks expected this week amount to $161 million. TON is poised to unlock the largest share, valued at $66.95 million.
TON Leads with a $66.95 Million Unlock
Leading the list of token unlocks is Toncoin (TON), with $66.95 million worth of tokens scheduled for release on November 22nd. This is the most significant single unlock event of the week. The release could introduce considerable volatility to TON’s price, particularly if a substantial volume of these tokens is introduced into the market. TON has garnered increasing attention as the native token of The Open Network, a project originally developed by Telegram.
UPDATE: Over $161M worth of tokens will be unlocked this week, per DefiLlama.
— Cointelegraph (@Cointelegraph) November 17, 2025
The largest will be $66.95M unlocked by $TON on November 22nd. pic.twitter.com/pdo5obtsur
Market Sentiment and Potential Impact
Token unlocks are events that traders and investors closely monitor. A substantial unlock event can potentially lead to increased selling pressure if recipients choose to liquidate their newly available holdings. However, it is important to note that not all token unlocks result in immediate market repercussions. This is especially true if the unlocked tokens are designated for team members, investors subject to vesting schedules, or for ongoing community initiatives.
Beyond TON, several other projects are also scheduled to unlock tokens this week. However, none of these events are expected to match the scale of the TON unlock. These recurring unlock events serve as a reminder of the significant role tokenomics play in shaping the short-term movements of the cryptocurrency market.
For investors, staying informed about these unlock schedules is a crucial practice to anticipate and navigate potential market shifts effectively.