The Sui Network (SUI) will be unlocking over $250 million worth of its native token on February 1. This is part of Sui's tokenomics and monthly unlock schedule, which increases SUI's circulating supply and dilutes investors' holdings. The unlock is expected to artificially increase Sui's circulating supply and market capitalization by 2.1%. There are still 1.77 billion SUI locked in vested contracts with scheduled unlocks, and over 5.22 billion locked SUI tokens have not yet been scheduled. In the next seven days, $539.16 million worth of tokens will be unlocked by 40 cryptocurrency projects, with SUI representing nearly 50% of all upcoming cliff events. Despite these unlocks, SUI still has a high market cap, putting it between Dogecoin and Cardano. The increasing supply of SUI tokens puts selling pressure on the market and requires increased demand to sustain prices. However, there are plans to bring the world's "largest consumer platform" to the Sui Network this year.



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