The next two weeks are shaping up to be a critical stress test for several altcoins, as a dense cluster of token unlocks and emissions is set to hit the market.
While price action often reacts to narratives and momentum, supply dynamics tend to assert themselves quietly and decisively. The data shown here highlights where new supply is about to enter circulation and which projects face the most immediate dilution risk.
A Market Heavy With Near-Term Supply
Across the table, multiple projects are approaching meaningful unlock events, but the scale and intensity vary sharply. Some assets are dealing with modest emissions that are unlikely to disrupt market structure, while others are facing supply shocks large enough to overwhelm short-term demand.
Plume stands out as the most extreme case. With only 34.30% of its supply released so far, the project is scheduled to unlock approximately $23.5 million in value in just over two days. That represents nearly 40% of its circulating supply, followed closely by a next 7-day emission exceeding $24 million. This is a classic “cliff unlock” scenario, where sudden supply expansion often leads to heightened volatility and downside pressure unless met by exceptional demand.
ZRO also commands attention. With just over 40% of supply released, it has an upcoming unlock valued at $44.48 million, equivalent to 6.36% of its circulating supply. Compared to Plume, the percentage is smaller, but the absolute dollar value is substantial, making it a potential liquidity event for the broader market.
Moderate Unlocks, Persistent Drip Pressure
Several projects fall into a middle category, where unlocks are not explosive but still meaningful enough to cap upside momentum. PIXEL, ZKJ, and HOOK each show upcoming values ranging from hundreds of thousands to just under $1 million, with release percentages between roughly 1% and 4%. These are not one-day shocks, but rather steady sources of sell-side pressure, especially if tokens are distributed to early contributors or investors with low cost bases.
Kaito and IOTA present a different profile. Their upcoming unlocks are relatively small in percentage terms, suggesting limited immediate impact. However, when combined with broader market weakness or declining liquidity, even smaller emissions can slow recoveries and extend consolidation phases.
Late-Stage Supply, Lower Risk
At the other end of the spectrum are projects like BGB and SVL. With over 80–90% of supply already released, their upcoming unlocks represent a much smaller relative burden. BGB does show a large upcoming value in dollar terms, but its next 7-day emission is minimal compared to circulating supply. These types of profiles tend to be more resilient, as the market has already absorbed most of the dilution over time.
What This Means for the Market
Taken together, the data suggests that short-term price behavior in several altcoins will be dictated less by sentiment and more by mechanical supply expansion. Projects with large, concentrated unlocks face the highest risk of sharp moves, while those with gradual or late-stage emissions are structurally better positioned.
In periods like this, the market often rotates attention away from high-dilution assets toward tokens with cleaner supply dynamics. Until these unlock waves pass, volatility should be expected, and rallies in heavily diluted assets may struggle to sustain follow-through.