Top Token Unlocks This Week: PYTH, SAROS, and ZKJ Lead $430M in Releases from May 19–25

From May 19–25, 2025, seven crypto projects will unlock $418.79 million in tokens, part of May’s $4.4 billion wave, per CryptoRank. Led by PYTH Network ($324 million), Saros ($28.2 million), and Polyhedra ($31.9 million), these events may spark volatility as supply rises, per. Plume, AltLayer, Melania, and Orbiter Finance also feature, with details below.

$SAROS

• Unlock date: 19 May

• Tokens to be unlocked: 213.93 million (2.14%)

• Unlock amount: $33.38 million

• % of market cap: 8.15%

• Fully diluted market cap: $1.56 billion

• % of its total supply have been unlocked: 34.8%

$ZKJ

• unlock date: 19 May

• tokens to be unlocked: 15.50 million (1.55%)

• unlock amount: $31.87 million

• % of market cap: 5.29%

• fully diluted market cap: $2.06 billion

• % of its total supply have been unlocked: 29.2%

$PYTH

• Unlock date: 20 May

• Tokens to be unlocked: 2.13 billion (21.3%)

• Unlock amount: $324 million

• % of market cap: 58.6%

• Fully diluted market cap: $1.52 billion

• % of its total supply have been unlocked: 36.2%

$MELANIA

• Unlock date: 20 May

• Tokens to be unlocked: 22.50 million (2.25%)

• Unlock amount: $7.61 million

• % of market cap: 5.67%

• Fully diluted market cap: $336 million

• % of its total supply have been unlocked: 37.5%

$OBT

• Unlock date: 20 May

• Tokens to be unlocked: 350.00 million (3.50%)

• Unlock amount: $4.72 million

• % of market cap: 11.3%

• Fully diluted market cap: $135 million

• % of its total supply have been unlocked: 38.5%

$PLUME

• Unlock date: 21 May

• Tokens to be unlocked: 108.34 million (1.08%)

• Unlock amount: $19.05 million

• % of market cap: 4.67%

• Fully diluted market cap: $1.74 billion

• % of its total supply have been unlocked: 23.3%

$ALT

• Unlock date: 25 May

• Tokens to be unlocked: 240.80 million (2.41%)

• Unlock amount: $8.26 million

• % of market cap: 7.38%

• Fully diluted market cap: $339 million

• % of its total supply have been unlocked: 32.7%

Token unlocks often increase circulating supply, potentially leading to price volatility depending on selling pressure and market conditions. Token-specific factors, such as project fundamentals and community sentiment, will also drive price reactions to these unlocks. Investors are advised to monitor on-chain activity, such as wallet movements and exchange inflows, to gauge potential market impact.