Jakarta, Pintu News – Token unlocks play an important role in the crypto market as they can affect liquidity, price volatility and investor sentiment.
Token unlock is an event where a previously locked coin or token is released and becomes available for trading on the open market.
This week, three major projects-Axie Infinity , Jito Labs , and Xave (XAV)-will release previously locked tokens into circulation. Here’s what you need to know and watch out for.
Jito (JTO) is a liquid staking service on the Solana network that distributes MEV rewards to its token holders. On April 7, 2025, Jito will unlock 11.31 million tokens that are currently worth around $20 million.
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Most of the tokens unlocked will be allocated for ecosystem development, core contributors, and community growth. In addition, 10% of the tokens will be allocated for the airdrop program.
Xave (XAV) is a DeFi platform focused on decentralized foreign exchange (FX) markets. The platform increases stablecoin liquidity through an automated market maker (AMM) model.
On April 11, the Xave network will unlock over 313 million XAV tokens, which represents a little over 3% of the total supply. Most of this token distribution will be focused on the team, investors, and the project treasury.
Axie Infinity (aXS) is a blockchain-based game featuring a digital creature called Axie, and is often compared to Pokémon.
This pet-themed game combines elements of blockchain, NFTs, and ERC-20 tokens, allowing players to collect, fight, and trade unique creatures in a virtual world.
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The April 12 unlock will include 10.72 million AXS tokens with a value of approximately $29 million. Most of these tokens will be allocated to staking rewards and the development team.
In addition, some other projects that will also be doing token unlocks this week and worthy of investors’ attention are Delysium , Parcl , and Circular Protocol (CIRX).
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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