Crypto markets showed mixed performance this week — Bitcoin briefly touched new highs before pulling back, while Ethereum rallied nearly +20% on strong institutional demand. In contrast, $APT continues to struggle as heavy unlocks weigh on price action, highlighting how token emissions can suppress momentum despite broader bullish trends.

Looking ahead, more than $700M in token unlocks are scheduled next week, with notable releases from $ZRO and $KAITO.

Weekly Unlocks Recap

Bitcoin briefly rallied to new all-time highs midweek, but momentum faded after hotter-than-expected PPI data pulled markets back. Ethereum, however, closed the week nearly +20%, fueled by strong institutional and treasury demand. On several trading days, ETH ETFs even recorded higher inflows than their BTC counterparts.

The rising momentum of ETH could signal the early stages of an upcoming altcoin season in the next quarter, aligning with the forecasted Fed rate cuts in September and October. This shift is already partly reflected in the drop in BTC dominance, highlighting altcoins’ growing outperformance relative to Bitcoin.

Despite the broader market’s bullish momentum, $APT has stayed range-bound as continuous large unlocks create a persistent supply overhang. The heavy token emissions are absorbing demand and limiting upside, signaling that structural supply pressure remains the key headwind for price performance in the near term.

Upcoming Events

Next week’s scheduled token unlocks are set to exceed $700 Million in total value. Of this, approximately 8.3% is classified as insider unlocks under Tokenomist’s framework — referring to allocations designated for founders, core teams, or early investors. Notable tokens facing sizable releases by dollar value include $SOL, $FTN, $ZRO, $TRUMP, and $WLD.

Unlocks Spotlight: $ZRO

• Unlock Date: August 20, 2025
• Amount: $ 58.87M
• Unlock as % of Circulating Supply: 8.53%
• Vested Allocations: Strategic Partners, Core Contributors, and Token Repurchased

$ZRO led the week with the largest unlock by dollar value. The token just passed its first cliff, releasing insider allocations that make up over 57% of total supply. These tokens will continue unlocking monthly over the next two years, creating a sustained supply overhang to monitor.

Unlocks Spotlight: $KAITO

• Unlock Date: August 20, 2025
• Amount: $ 28M
• Unlock as % of Circulating Supply: 10.87%
• Vested Allocations: Long-term Creator Incentives, Ecosystem & Network Growth, and Foundation

$KAITO saw the week’s largest unlock relative to circulating supply, marking its first cliff since TGE. The release went to community and reserve allocations, introducing a significant supply boost into the market.

New Product Update

Last week, we rolled out a formula-based release schedule for Bitcoin, projecting mining emissions all the way to 2050. This feature enables users to track how much supply will enter circulation across different time horizons.

For instance, around 166k BTC is set to be released as mining rewards over the next year.

This is just the beginning: our framework now allows us to expand coverage to many more tokens, giving users deeper visibility into token emissions and supply dynamics. Stay tuned as we continue to build the most comprehensive tokenomics, unlocks, and emissions tracking platform.

Notable Crypto News

Institutional

• Pantera Capital reveals it has invested over $300 million in crypto treasury companies (The Block)
• Tom Lee's Ethereum Treasury BitMine Ups ETH Raise by $20 Billion (Decrypt)

Regulation

• White House crypto adviser Bo Hines announces departure (Reuters)
• Trump Directs Congress to Develop U.S. Strategic Bitcoin Reserve (The Defiant)

Tokenomics

• OKX Slashes OKB Token Supply by 50% With $7.6B Burn (CoinDesk)
• Babylon: Updated tokenomics with Binance Marketing Campaigns release log (Tokenomist)
• Orca DEX plans buybacks and token staking (Blockworks)

General

• USDC issuer Circle to launch new layer-1 Arc blockchain this year (Circle)
• Monero faces chain reorganization fears after Qubic says it controls 51% of hashrate (The Block)