Crypto World
$321 Million in Crypto Tokens Unlock This Week: What to Watch
The crypto market will welcome tokens worth more than $321 million in the third week of February 2025. Major projects, including LayerZero (ZRO), YZY (YZY), and KAITO (KAITO), will release significant new token supplies.
These unlocks could introduce market volatility and influence short-term price movements. So, here’s a breakdown of what to watch.
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1. LayerZero (ZRO)
- Unlock Date: February 20
- Number of Tokens to be Unlocked: 25.71 million ZRO
- Released Supply: 429.96 million ZRO
- Total Supply: 1 billion ZRO
LayerZero is an interoperability protocol that connects different blockchains. Its primary goal is to facilitate seamless cross-chain communication. Thus, it enables decentralized applications (dApps) to interact across multiple blockchains without relying on traditional bridging models.
The team will unlock 25.71 million tokens on February 20, representing 5.98% of the released supply. Moreover, the supply is worth approximately $43.19 million.
LayerZero will award 13.42 million altcoins to strategic partners. Core contributors will get 10.63 million ZRO. Lastly, 1.67 million ZRO are for tokens repurchased by the team.
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2. YZY (YZY)
- Unlock Date: February 17
- Number of Tokens to be Unlocked: 62.5 million YZY
- Released Supply: 362.5 million YZY
- Total supply: 1 billion YZY
YZY is a cryptocurrency token associated with the rapper Ye (formerly known as Kanye West). It is positioned as part of the broader “YZY MONEY” ecosystem, which includes the YZY token, a payment platform called Ye Pay, and a physical YZY Card.
On February 17, YZY will unlock 62.5 million tokens worth around $20.34 million. The tokens represent 17.24% of the released supply.
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The team will allocate 50 million altcoins to Yeezy Investments LLC, Vesting 2. Moreover, it will direct 12.5 million tokens to Yeezy Investments LLC, Vesting 1.
3. Kaito (KAITO)
- Unlock Date: February 20
- Number of Tokens to be Unlocked: 32.6 million KAITO
- Released Supply: 306.49 million KAITO
- Total Supply: 1 billion KAITO
Kaito is an artificial intelligence (AI)-powered Web3 information platform that aggregates and analyzes cryptocurrency market data from diverse sources like social media, governance forums, news, and more. The KAITO token serves as a medium of exchange, governance tool, and incentive mechanism within the platform.
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On February 20, the team will unlock 32.6 million tokens, representing 10.64% of the current released supply. The supply is worth approximately $10.08 million.
The team will split the unlocked tokens five ways. The foundation will receive 1.19 million tokens. Core contributions will get 6.94 million tokens. Furthermore, early backers will receive 2.31 million KAITO.
Finally, the team will direct 7.16 million KAITO for ecosystem and network growth and 15 million tokens for long-term creator incentives.
In addition to these, other prominent unlocks that investors can look out for in the third week of February include ZKsync (ZK), Solv Protocol (SOLV), ApeCoin (APE), and more, contributing to the overall market-wide releases.