Multiple Altcoins Face Major Token Unlocks Next Week: JUP, GRASS, OP, KITE, EIGEN, ENA

Gate News message, April 26 — Six major altcoins are scheduled to release significant token unlocks between April 28 and May 2, according to digital asset tracking data. The unlocks include JUP, GRASS, OP, KITE, EIGEN, and ENA, with varying quantities and market impact implications.

On April 28 at 9:00 AM KST, Jupiter (JUP) will release 52.85 million tokens. As of April 24, JUP had 528.5 million tokens locked out of a total supply of 6.86 billion, with 3.603 billion in circulation. After the unlock, circulating supply will reach approximately 3.656 billion tokens. The same day, Grass (GRASS) will unlock 31.58 million tokens—representing 3.16% of total supply. With 525.33 million tokens locked out of 1 billion total supply, the unlock will bring circulating supply to approximately 596.25 million tokens.

On April 30 at 9:00 AM KST, Optimism (OP) will unlock 32.21 million tokens. OP has 64.42 million tokens locked out of 4.29 billion total supply, with 2.18 billion currently in circulation. The unlock will increase circulating supply to approximately 2.212 billion tokens.

On May 1, two tokens will unlock. Kite (KITE) will release 215.22 million tokens at 9:00 AM KST. With 8 billion of 10 billion total tokens locked, the unlock will bring circulating supply to 2.015 billion. At 5:00 PM KST the same day, EigenLayer (EIGEN) will release 36.82 million tokens. EIGEN has 662.76 million locked out of 1.81 billion total supply, with 727.91 million expected to circulate after the unlock.

On May 2 at 5:00 PM KST, Ethena (ENA) will unlock 94.19 million tokens. ENA has 6.21 billion tokens locked out of 15 billion total supply. Following the unlock, circulating supply will reach approximately 8.854 billion tokens.