PLUME, SCR, and ALT Token Unlocks Are Here — Is It Time to Buy or Sell?

Jakarta, Pintu News – Token unlocks have a huge impact on market movements. It adds new liquidity, triggers price fluctuations, and affects investor sentiment towards a project.

At the time of unlocking, crypto projects release their previously locked tokens, making them freely tradable on the market.

This week, there are three major projects poised to take the spotlight – Scroll (SCR), Plume Network (PLUME), and Altlayer (ALT) – as they will begin distributing large amounts of tokens into circulation.

Plume Network (PLUME)

Plume Network (PLUME) is a Layer 1 blockchain that connects real-world assets into a blockchain network.

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From art to green energy, Plume facilitates real asset-based investments with fast transactions and low fees. It integrates these assets into a reorganized RWAfi ecosystem, expanding their financial utility and interactions.

On April 21, more than 108 million PLUME tokens will be unlocked, with a value of approximately $17.82 million at the time of writing. Most of the tokens will be given to early supporters and contributors to the project, while around 7% is allocated for a community airdrop.

• Unlock Date: April 21, 2025
• Number of Tokens to be Opened: 108.34 million PLUME (1.08% of Total Supply)
• Current Circulating Supply: 2 billion PLUME
• Total Supply: 10 billion PLUME

Scroll (SCR)

Scroll (SCR) is a Layer-2 solution aimed at improving Ethereum’s scalability and efficiency. By utilizing zkRollup technology, Scroll is able to lower transaction fees and accelerate throughput, overcoming classic problems such as high gas fees and network congestion.

On April 22, 40 million SCR tokens worth approximately $9.2 million will be released to the market. This release is expected to add liquidity and possibly spark new interest in the Scroll project.

• Unlock Date: April 22, 2025
• Number of Tokens to be Opened: 40 million SCR (4% of Total Supply)
• Current Circulating Supply: 190 million SCR
• Total Supply: 1 billion SCR

AltLayer (ALT)

AltLayer (ALT) is a project focused on improving blockchain scalability through the concept of Restaked Rollups.

By combining existing rollup technologies such as OP Stack and Arbitrum Orbit with the restaking mechanism of EigenLayer (EIGEN), AltLayer offers better security and decentralization.

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On April 25, AltLayer will unlock 240 million ALT tokens, valued at approximately $6.5 million. This token opening will increase market liquidity and will likely draw attention back to AltLayer.

Most of the tokens will be allocated for protocol development and Foundation purposes.

• Unlock Date: April 25, 2025
• Number of Tokens to be Opened: 240.8 million ALT (2.41% of Total Supply)
• Current Circulating Supply: 3.03 billion ALT
• Total Supply: 10 billion ALT

In addition, this week’s token opening will also involve other projects such as Orbiter Finance (OBT) and Hatom (HTM) on April 20, as well as ZND on April 24.

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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.

Reference:

• BeInCrypto. 3 Token Unlocks for the Fourth Week of April. Accessed on April 21, 2025