Within 30 days, $2.31 billion worth of tokens will enter the crypto market

Such significant unlocks are being conducted by several prominent projects, including Solana (SOL), Avalanche (AVAX), Wormhole (W), Worldcoin (WLD), and The Sandbox (SAND).

Solana currently follows a linear unlocking schedule, with 74,860 SOL tokens worth more than $13.3 million entering the market each day. Consequently, approximately $100 million worth of SOL tokens have been released into circulation in the past seven days.

Unlocks under this schedule began in December 2023. The new model, under which 66,540 SOL tokens will be issued daily, will go into effect on December 26 this year.

Following close behind is Worldcoin, releasing 5.32 million WLD tokens worth over $11.64 million daily. These blockchains started just two days ago and will continue for the next two years. The unlocked assets are being distributed to TFH's development teams and investors, who are receiving $1.21 million and $1.66 million daily.

Avalanche is also releasing tokens daily, with 700,000 AVAX tokens worth $19.54 million hitting the market in the last week. The recently launched Wormhole project follows a similar pattern, unlocking $3.49 million worth of W tokens for community members and into the ecosystem's coffers.