- AXS unlocks $7.29M, 1.69% of supply, trading at 2.735 with low volume, suggesting possible price swings amid weak market activity.
- NEON’s $3.07M unlock, 10.83% of supply, faces strong sell-off risks, lagging behind AXS and OP with weak recovery signs.
- SAGA’s $35.37M unlock, 118.62% of supply, is the largest, with no tokens unlocked yet, potentially driving major price shifts.
The cryptocurrency market faces increased volatility this week as major token unlocks could influence prices and liquidity levels. According to Tokenomist, scheduled unlocks between April 7 and 13 exceed $101.5 million in total value.
These events, often meant to control early investor exits, coincide with declining price trends and weak market activity. AXS, OP, and NEON are among the assets under observation, each with varying unlock volumes and supply percentages. Historical data shows that unlocks relative to circulating supply can lead to unpredictable price movement, especially in low-volume markets.
AXS and Additional Unlocks
AXS has a scheduled unlock of $7.29 million, or 1.69% of its circulating supply. Currently, 93.98% of its total token supply is unlocked. AXS is trading at 2.735 an increase of 0.59% in the past 24 hours.
Its daily volume is at 212.53K, indicating subdued market activity. The price peaked in December 2024 after an uptrend that began in November, then declined through early 2025. Other unlocks include TNSR with $16.71 million, or 35.86% of its circulating supply.
Only 48.97% of its supply is unlocked. SPELL will unlock $700.88K, amounting to 0.83% of its supply, with 61.00% already unlocked. AGI will unlock $1.81 million, a 1.88% of circulation, with 51.21% of its supply currently released.
APT and SAGA unlock $33.43 million and $35.37 million respectively, though their percentages differ. APT’s unlock is 1.12% of circulation with 0.00% already unlocked, while SAGA’s unlock is 118.62% of circulation and has no current supply unlocked.
NEON Unlock Percentage Among the Highest This Week
NEON has a scheduled $3.07 million unlock, accounting for 10.83% of circulating supply. Around 72.44% of its total supply is already in circulation.
While smaller in terms than TNSR or APT, NEON’s percentage exposure is among the highest. Price trends show a sharper decline than AXS and OP, and a weaker recovery pattern.
This steeper decline indicates more aggressive sell-offs post-unlock. NEON remains notably behind the others, showing minimal signs of rebound or trend reversal. Investor confidence is down, with low volume and persistent downside action.
OP, SPELL, AGI Show Smaller Unlock Risk
OP’s $3.13 million unlock is only 0.28% of its circulating supply. To date, 35.37% of OP tokens are unlocked. Despite a downward trend, OP performs more steadily compared to NEON and AXS. SPELL and AGI both present lower unlock values and smaller percentage risks. SPELL will release less than $1 million, while AGI’s unlock is under $2 million.
Although the unlock amounts are smaller, broader market weakness could increase their impact. With more than $100 million set to unlock this week, price fluctuations are likely across affected assets. Volume levels and market sentiment will be key to predict the movement in the short term.
