Ethena KursENA

As another year concludes for cryptocurrencies, 2025 suggests potential for new all-time highs but hasn’t yet delivered as expected. Bitcoin remains trapped within a narrow range, while altcoins continue to drop to lower lows. What crucial developments await the crypto space in the early days of the new year, and by the end of 2025? Significant Developments in Cryptocurrencies December 29, Monday December 30, Tuesday December 31, Wednesday January 1, Thursday January 2, Friday Attention on Cryptocurrencies Significant Developments in Cryptocurrencies Just like every week, we’ll delve into significant developments expected in the upcoming days for cryptocurrencies. Macroeconomic data and events specific to crypto significantly impact the charts. Although trading volumes are thin due to the holiday season, new developments are on the horizon. Let’s quickly glance at these. December 29, Monday Events include the release of HYPE’s token unlock, comprising 2.59% of its supply. December 30, Tuesday Key events include the US ADP Weekly Employment Change report at 4:15 PM and the FOMC meeting minutes at 10:00 PM. KMNO token unlock, making up 5.35%, is also scheduled. December 31, Wednesday The day features the US Initial Jobless Claims at 4:30 PM and the US Chicago PMI expectations for 39.5, with a previous value of 36.3. January 1, Thursday The markets are closed for the holiday. Token unlocks include OP at 1.65%, SUI at 1.17%, and EIGEN at 9.74%. January 2, Friday The key event is the US S&P Manufacturing PMI final report at 5:45 PM, with an expectation and previous value of 51.8. ENA token unlock at 0.56% also takes place. Attention on Cryptocurrencies Due to the Christmas holiday, a festive mood prevails in global markets, and apart from a few altcoin token unlocks, there aren’t significant developments. The week is expected to be calm due to year-end, but January will kick-off swiftly. Ethereum will initiate the BPO hard fork on January 7, and the decision on MSCI crypto reserve companies is anticipated by January 15. Additionally, a Supreme Court decision regarding customs tariffs is expected soon. Trump is about to announce the new Fed Chairman, bringing more surprises along. The week’s most significant event will be the Fed meeting minutes. Analyzing the details together with the latest inflation and employment reports will help us predict the trajectory for the new year. Cryptocurrency charts being confined within narrow ranges might serve as an opportunity for you to take a breather during these times.

Multiple cryptocurrencies will see incoming cliff and linear token unlocks within the next seven days, putting pressure on the investors’ sentiment. According to Wu Blockchain, Hyperliquid HYPE $25.61 24h volatility: 1.2% Market cap: $6.11 B Vol. 24h: $194.22 M , Sui SUI $1.46 24h volatility: 0.5% Market cap: $5.46 B Vol. 24h: $565.26 M , EigenCloud EIGEN $0.39 24h volatility: 0.0% Market cap: $194.38 M Vol. 24h: $31.44 M , Kamino KMNO $0.0533 24h volatility: 3.0% Market cap: $190.29 M Vol. 24h: $11.13 M , Optimism OP $0.28 24h volatility: 0.3% Market cap: $540.14 M Vol. 24h: $58.38 M , Ethena ENA $0.21 24h volatility: 0.1% Market cap: $1.63 B Vol. 24h: $130.65 M , ZORA and SVL will see large token unlocks, with each one exceeding $5 million in value. --> According to Tokenomist, large cliff unlocks (single unlocks exceeding $5 million) scheduled over the next 7 days include HYPE, SUI, EIGEN, KMNO, OP, ENA, ZORA, and SVL. Large linear unlocks (daily unlocks exceeding $1 million) over the same period include RAIN, SOL, TRUMP, WLD,… pic.twitter.com/ZBllI1K6lq — Wu Blockchain (@WuBlockchain) December 29, 2025 HYPE is leading the list with roughly $251 million in expected tokens to be unlocked at once, also called a cliff unlock. Since a huge amount of tokens is expected to enter the circulating supply at once, HYPE is currently positioned at a higher shock risk. RAIN, Solana SOL $125.2 24h volatility: 0.5% Market cap: $70.48 B Vol. 24h: $4.58 B , Official Trump TRUMP $4.96 24h volatility: 0.7% Market cap: $993.02 M Vol. 24h: $163.99 M , Worldcoin WLD $0.51 24h volatility: 0.4% Market cap: $1.35 B Vol. 24h: $78.22 M , Dogecoin DOGE $0.13 24h volatility: 1.0% Market cap: $21.03 B Vol. 24h: $857.28 M , Avalanche AVAX $12.71 24h volatility: 0.1% Market cap: $5.46 B Vol. 24h: $327.74 M and Aster ASTER $0.70 24h volatility: 2.6% Market cap: $1.67 B Vol. 24h: $107.25 M will see large linear unlocks in the same timeframe, Wu Blockchain wrote, citing data from Tokenomist. Linear unlocks don’t happen suddenly, so it’s easier for the market to absorb the tension. The total value of the forthcoming token unlocks for this week reaches at least $585 million. Don’t Worry, Bears Have Your Back The expectations of huge unlocks this week have already triggered fear, uncertainty, and doubt among the crypto community. Responding to Wu Blockchain’s X post, users have been complaining about increased selling pressure. Big unlocks = quiet selling pressure incoming — A79 🀄️ (@a79degen) December 29, 2025 It’s important to note that token unlocks do not change or alter the fundamentals, technology, and utility of a cryptocurrency. Instead, these are the tokens that have been locked for the founders, early investors, team, or partners of a project. Naturally, the market expects selling pressure when large token unlocks are in line. However, some investors might not sell anytime soon, either due to future sentiment, bear market, or long-term utility. Currently, many tokens are already far from their ATHs. For example, SOL is down by 57% from its top price of $294. HYPE has recorded a pretty similar movement and is currently down by 56% from its ATH of $59. Overall, the global crypto market cap is down by $1.2 trillion since early October. Since some investors would prefer to wait for a better price point, the selling pressure would likely be much lower than the market expects. For example, the crypto market didn’t see high volatility after the $309 million token unlocks on Dec. 15. Instead, most of the assets continued sideways movements. next Wahid has been analyzing and reporting on the latest trends in the decentralized ecosystem since 2019. He has over 4,000 articles to his name and his work has been featured on some of the leading outlets including Yahoo Finance, Investing.com, Cointelegraph, and Benzinga. Other than reporting, Wahid likes to connect the dots between DeFi and macro on his newsletter, On-chain Monk. Wahid Pessarlay on X Share:

$190,000,000 worth of tokens are being unlocked 🤯 Several projects are unlocking supply over the next few days, which could add short-term pressure. Key unlocks to watch: • $SUI — Jan 1 • $ENA — Jan 2 • $EIGEN — Jan 1 • $COCA — Jan 3 • $KMNO — Dec 31 • $OP — Dec 31 • $BEAT — Jan 1 Unlocks don’t always mean dumps — but they do increase volatility risk. Trade carefully around these dates.

The cryptocurrency market enters the turn of the year with a significant supply calendar. Data provider Tokenomist and Wu Blockchain journalist have outlined an upcoming week of high-volume coin unlocks in both one-time and linear models. These unlocks, valued over millions of dollars, coincide with a period when investors are closely monitoring short-term price movements. The total unlocking amount exceeding $585 million fuels expectations of increased liquidity and volatility. One-Time High-Volume Unlocks in the Upcoming Week Linear Unlocks Spotlighting Key Altcoin Projects One-Time High-Volume Unlocks in the Upcoming Week According to Tokenomist data, the period from December 29 to January 5 will witness major one-time coin unlocks, referred to as “cliff unlocks.” These events involve the release of more than $5 million worth of coins in a single transaction. Projects like HYPE, SUI, EIGEN, KMNO, OP, ENA, ZORA, and SVL are on the schedule. For instance, approximately 9.92 million HYPE coins, valued at over $251 million, are set for circulation, corresponding to about 2.59% of the adjusted supply. Similarly, other altcoin projects will experience comparable supply increases. For SUI, the release of 46.41 million coins is anticipated, with EIGEN’s release accounting for 9.74% of the adjusted supply. Projects like KMNO, ZORA, and SVL are expected to see supply increase between 3% and 5%. Although OP and ENA have relatively limited releases, the value of the new coins entering the market surpasses millions of dollars. Investors closely watch such one-time unlocks as the rapid increase in circulating supply can influence pricing behaviors. Project teams, early investors, and ecosystem stakeholders play a decisive role during the release of these unlocked coins. Linear Unlocks Spotlighting Key Altcoin Projects During the same period, linear coin unlocks, expected to exceed $1 million daily, are also crucial. According to Tokenomist’s classification, projects such as RAIN, SOL, TRUMP, WLD, DOGE, AVAX, and ASTER fall into this category. RAIN plans to gradually release a total of 9.43 billion coins, equating to over $76 million over seven days. For SOL, a linear unlock of approximately 484,000 coins is anticipated, valuing at over $61 million. Projects like TRUMP, WLD, and DOGE see meaningful daily supply increases given their market volume. Even though AVAX and ASTER comprise smaller amounts, these unlocks also exceed the $1 million mark. Linear unlocks, stretched over time compared to single transactions, have a more gradual market impact. Yet, the substantial total amount makes investors keenly assess liquidity flows and the supply-demand balance.

The crypto market will welcome tokens worth more than $585 million over the next seven days. Major projects like Hyperliquid (HYPE), Sui (SUI), and EigenCloud (EIGEN) will release new tokens into circulation. These releases could introduce new supply pressures, potentially leading to short-term volatility and price fluctuations. Here is a breakdown of what to watch for in each project. 1. Hyperliquid (HYPE) Unlock Date: December 29 Number of Tokens to be Unlocked: 9.92 million HYPE (0.992% of Total Supply) Current Circulating Supply: 238.38 million HYPE Total supply: 1 billion HYPE Hyperliquid is a leading decentralized perpetual futures exchange built on its own Layer-1 blockchain. It offers high-performance trading with low latency, on-chain order books, and sub-second transaction finality. On December 29, the project will release 9.92 million tokens valued at approximately $258.03 million. This accounts for 2.87% of the current released supply. HYPE Crypto Token Unlock in December. Source: Tokenomist Hyperliquid will direct all the unlocked tokens to the core contributors. In addition to this cliff unlock, on January 6, the network will distribute 1.2 million HYPE tokens to team members. 2. Sui (SUI) Unlock Date: January 1 Number of Tokens to be Unlocked: 43.69 million SUI (0.44% of Total Supply) Current Circulating Supply: 3.736 billion SUI Total Supply: 10 billion SUI Sui is a high-performance Layer-1 blockchain. It utilizes the Move programming language to enable scalable, secure, and efficient decentralized applications (dApps). Moreover, the network focuses on parallel execution for high throughput, making it suitable for gaming, decentralized finance (DeFi), and Web3 ecosystems. On January 1, Sui will unlock 43.69 million SUI tokens as part of its ongoing monthly vesting schedule. This stack represents 1.17% of the released supply. Furthermore, it is worth approximately $65.10 million. SUI Token Unlock in January. Source: Tokenomist Of the unlocked supply, 19.32 million SUI will go to Series B investors. Community reserve and early contributors will get 12.63 million and 9.98 million SUI, respectively. Lastly, Mysten Labs will receive 2.07 million altcoins. 3. EigenCloud (EIGEN) Unlock Date: January 1 Number of Tokens to be Unlocked: 36.82 million EIGEN (2.07% of Total Supply) Current Circulating Supply: 494.59 million EIGEN Total Supply: 1.779 billion EIGEN EigenCloud (formerly EigenLayer) is a verifiable cloud platform built on the EigenLayer protocol. It offers developers a unified infrastructure to create trustless, verifiable Web3 applications and services. On January 1, the network will unlock 36.82 million EIGEN tokens, valued at approximately $14.69 million. The unlocked tokens represent 9.74% of the released supply. EIGEN Crypto Token Unlock in January. Source: Tokenomist The team will split the unlocked supply two ways. Investors will gain 19.75 million tokens. Moreover, early contributors will get 17.07 million EIGEN. In addition to these three, Ethena (ENA), Kamino (KMNO), and Renzo (REZ) will also experience new supply entering the market this week. Read the article at BeInCrypto