More than $230 million in newly liquid tokens will enter the market between March 23 and March 30. In a low-volume, directionless environment, the timing matters.
The Cliff Unlocks
According to data from Tokenomist, Cliff unlocks release a fixed amount of tokens in a single event rather than distributing them gradually. Five tokens have cliff unlocks exceeding $5 million scheduled in the coming seven days according to Tokenomist data compiled by WuBlockchain.
H leads the cliff unlock list with 105.36 million tokens worth $10.07 million, representing 4.19% of its adjusted released supply entering circulation in one event. JUP follows with 53.47 million tokens worth $8.41 million, equal to 1.49% of adjusted supply. PARTI has a 89.30 million token unlock worth $8.33 million, the most significant in percentage terms at 19.86% of adjusted released supply, making it the cliff unlock most likely to create visible selling pressure relative to its existing liquidity. XPL releases 88.89 million tokens worth $8.31 million, representing 3.98% of supply. SOSO rounds out the cliff unlock list with 13.33 million tokens worth $5.44 million, equal to 4.55% of adjusted supply.
The PARTI unlock deserves specific attention. A single event releasing 19.86% of adjusted supply is structurally significant regardless of the dollar value. For context, the Worldcoin OTC transactions covered earlier this week involved a team selling tokens equivalent to a fraction of that percentage, and it generated enough attention to register on whale-watching dashboards. A nearly 20% supply addition in one block creates an asymmetric pressure dynamic where sellers have fresh inventory and buyers need to absorb it without the typical gradual distribution of a linear unlock.
The Linear Unlocks
Linear unlocks distribute tokens continuously over time, with the figures representing the total value unlocked across the seven-day window rather than a single event. Six tokens have daily linear unlock values exceeding $1 million scheduled for the same period.
RAIN is the largest by a wide margin, with 9.47 billion tokens worth $80.56 million unlocking linearly over the week, representing 1.98% of circulating supply. Solana follows with 471,220 SOL worth $40.97 million, equal to just 0.08% of its circulating supply, a figure that reflects the scale of Solana’s existing supply rather than a proportionally significant event. CC releases 191.71 million tokens worth $27.79 million, representing 0.50% of supply. TRUMP unlocks 6.33 million tokens worth $20.25 million, equal to 2.72% of circulating supply. Worldcoin releases 37.23 million WLD worth $11.55 million, representing 1.25% of supply. DOGE releases 96.56 million tokens worth $8.76 million, equal to 0.06% of supply.
What This Means in Context
The $230 million total landing in a single week arrives at a moment when the broader market is already under pressure from geopolitical uncertainty, persistent ETF outflows, and compressed retail participation as covered throughout this week’s reporting. Unlock events do not automatically translate into selling. Recipients of vested tokens may hold, transfer to cold storage, or deploy into DeFi rather than liquidating on spot markets. But the supply is available for sale in a way it was not previously, and in thin markets that availability carries more weight than it does during high-volume periods.
The assets most worth monitoring are PARTI, given its 19.86% adjusted supply increase from a single cliff event, RAIN given its $80.56 million linear unlock representing nearly 2% of circulating supply, and TRUMP with a 2.72% supply addition at $20.25 million in a week where the token’s associated political context continues to generate social attention. WLD’s $11.55 million linear unlock is also notable given the whale activity and OTC selling from the Worldcoin team documented in earlier reporting this week.
