Token Unlocks Expected to Shape Crypto Market in September

A wave of major token unlocks scheduled for September could significantly impact the cryptocurrency market. Over $4.5 billion worth of tokens are set to unlock, with prominent projects like Sui, Ethereum Name Service (ENS), and Solana expected to see substantial increases in circulating supply. This potential surge in supply is anticipated to trigger short-term volatility across affected cryptocurrencies, including Sui, Immutable X, and Solana.