Top 10 Upcoming Token Unlocks in May 2025: What Investors Need to Know

As the crypto market evolves, token unlock events have become a critical point of focus for traders, investors, and analysts. These unlocks—scheduled releases of previously locked or vested tokens—can have a significant impact on market prices, liquidity, and investor sentiment. In May 2025, several high-profile tokens are set to unlock, potentially influencing their market trajectories.

Image Credit by:- CryptoRank.io

Here’s a detailed look at the Top 10 Upcoming Token Unlocks in May 2025, based on data from CryptoRank.io:

#1. WhiteBIT Coin (WBT)

• Unlock Value: $1.16 Billion  
• Percentage of Market Cap: 27.4%  
• Tokens to be Unlocked: 39.49M  
• Unlock Date: May 13, 2025

WhiteBIT is one of the largest centralized exchanges in Europe, and its native token, WBT, will see a massive release. This event accounts for more than a quarter of its market cap, which could introduce notable volatility or selling pressure depending on holder behavior.

#2. Sui (SUI)

• Unlock Value: $334.63 Million  
• Percentage of Market Cap: 2.71%  
• Tokens to be Unlocked: 88.34M  
• Unlock Date: May 1, 2025

Sui, a layer-1 blockchain known for high-speed transactions and scalability, is releasing a modest percentage of its tokens. While only 2.71% of the market cap, the large token volume could still affect short-term price movements.

#3. Pyth Network (PYTH)

• Unlock Value: $333.86 Million  
• Percentage of Market Cap: 58.3%  
• Tokens to be Unlocked: 2.13 Billion  
• Unlock Date: May 20, 2025

Pyth is a major decentralized oracle network. The sheer size of this unlock (over half its market cap!) makes it one of the most critical events to monitor in May. Expect heightened volatility and potential price swings.

#4. Aptos (APT)

• Unlock Value: $63.72 Million  
• Percentage of Market Cap: 1.83%  
• Tokens to be Unlocked: 11.31M  
• Unlock Date: May 12, 2025

Aptos is another layer-1 blockchain focused on scalability. Though the unlock represents a small portion of the market cap, APT holders and investors may still react sharply depending on macro market conditions.

#5. Ethena (ENA)

• Unlock Value: $33.45 Million  
• Percentage of Market Cap: 1.70%  
• Tokens to be Unlocked: 94.19M  
• Unlock Date: May 2, 2025

Ethena, a synthetic dollar and yield platform, is seeing a low-percentage unlock. However, the high token quantity might raise concerns around dilution.

#6. Polyhedra (ZKJ)

• Unlock Value: $33.41 Million  
• Percentage of Market Cap: 25.7%  
• Tokens to be Unlocked: 15.50M  
• Unlock Date: May 19, 2025

ZKJ focuses on zero-knowledge proof infrastructure. A 25.7% unlock could result in considerable price movement, especially if market liquidity is thin.

#7. Arbitrum (ARB)

• Unlock Value: $31.88 Million  
• Percentage of Market Cap: 1.95%  
• Tokens to be Unlocked: 92.63M  
• Unlock Date: May 16, 2025

A leading layer-2 scaling solution for Ethereum, Arbitrum’s unlock is relatively minor in cap percentage, but the high volume of tokens may attract attention from short-term traders.

#8. Saros (SAROS)

• Unlock Value: $28.20 Million  
• Percentage of Market Cap: 8.15%  
• Tokens to be Unlocked: 213.93M  
• Unlock Date: May 19, 2025

Saros is a DeFi ecosystem on Solana. With over 8% of its market cap unlocking, this event is significant enough to warrant close observation by SAROS token holders.

#9. Jito Labs (JTO)

• Unlock Value: $20.49 Million  
• Percentage of Market Cap: 3.5%  
• Tokens to be Unlocked: 11.31M  
• Unlock Date: May 7, 2025

Jito offers staking solutions on Solana. The upcoming unlock is modest in scale but still relevant for investors tracking token release schedules.

#10. StarkNet (STRK)

• Unlock Value: $19.41 Million  
• Percentage of Market Cap: 4.39%  
• Tokens to be Unlocked: 127.60M  
• Unlock Date: May 15, 2025

StarkNet is a zero-knowledge rollup that brings scalability to Ethereum. While the unlock is not massive in dollar value, it includes a significant number of tokens, which could influence market behavior.

📊 Why Do Token Unlocks Matter?

Token unlocks can:

• Introduce selling pressure if early investors or teams decide to take profits.
• Affect market sentiment based on the scale of release and investor trust.
• Offer buying opportunities for long-term holders if prices dip temporarily.

Traders often track unlock schedules to anticipate market movements and adjust their strategies accordingly.

🔍 Final Tholughts

May 2025 is packed with major token unlocks that could reshape crypto trading trends for the month. Projects like WhiteBIT, Pyth Network, and Polyhedra will be closely watched due to the high percentage of circulating supply being released. Whether you're a day trader or long-term investor, staying informed about these events is crucial for navigating the ever-evolving crypto landscape.

Stay smart, stay updated, and always DYOR (Do Your Own Research)!