The given crypto news content discusses upcoming token unlocks for several projects that are scheduled to occur next week. Token unlocks involve releasing previously blocked tokens, and they are carefully planned to avoid negative market pressure. The article highlights three major unlocks to watch: Xai, Aptos, and Starknet.

Xai is a Layer-3 solution for AAA gaming built on Arbitrum technology. On September 9, the project will unlock 35.88 million XAI tokens and distribute them to various stakeholders.

Aptos is a Layer-1 blockchain focused on security and performance. On September 11, the project will distribute 11.31 million APT tokens to community members, core contributors, and investors.

Starknet is developing a ZK-Rollup Layer-2 solution for scaling decentralized applications on Ethereum. On August 15, the project will unlock 64 million STRK tokens, which will be distributed to investors and early contributors.

Additionally, the article mentions other token unlocks scheduled for next week, including io.net (IO), Ethena (ENA), Cyber (CYBER), and Render (RNDR), with a total value exceeding $114 million.

The article emphasizes that well-planned unlocks can strengthen a project's long-term viability, aligning with milestones and development progress. They can motivate team members, boost community engagement, and promote ecosystem growth.



Other News from Today