A wave of digital asset supply is set to enter the market, potentially testing buyer appetite across the crypto landscape.

According to the Tokenomist website, major projects will unlock more than $513 million in tokens between September 8 and 15.

Key Unlocks and Market Backdrop

Solana (SOL) will release 502,930 SOL worth almost $104 million. It’s only 0.09% of the supply, but it comes at a time when the asset is trying to stay near $210 after rising more than 15% since early August.

The recently approved Alpenglow upgrade, which cuts transaction finality from 12.8 seconds to less than 200 milliseconds, has also gotten developers interested and made people feel more positive about the SOL market.

Traders should also keep an eye on Aptos, which is set to deploy 11.31 million of its native APT token, worth just over $48 million. The #51-ranked cryptocurrency has been slowly rising, adding 3.1% to its value in the past week to reach $4.33. However, it is still down almost 10% in the past month.

Connex (CONX), on the other hand, has to unlock $38.76 million in the middle of recent market problems. In the past week, the token lost almost 5% of its value, while in the last month, it dipped by more than 30%.

At the same time, Starknet will also distribute 127 million of its STRK tokens. At the time of this writing, the Layer 2 validity rollup had a market cap of about $513 million and was down 3.4% over the week. It is also 97% below its all-time high achieved in 2024.

While some market watchers think that these weaker performers may be especially sensitive to sudden supply increases, Story Protocol’s IP token has gone against the trend. It went up more than 10% in the last week, reaching a new all-time high of $8.88 a few hours ago, just in time for the injection of 2.32 million tokens worth more than $20 million into the market.

Dogecoin and Official Trump

Unlock dynamics often connect with bigger stories in the crypto world. For example, Dogecoin (DOGE) is about to release $21.82 million worth of tokens over the next several days, with the prospect of a new investment product tied to the OG meme coin drawing ever nearer.

Eric Balchunas, an analyst at Bloomberg, says that ETF issuer REX Shares will launch the first DOGE exchange-traded fund as soon as next week. The asset has also risen by more than 8% in the last month, thanks in part to an announcement by Nebraska-based CleanCore of a $175 million private placement to build a DOGE treasury.

The Official Trump (TRUMP) token is also scheduled to drop coins worth $41.37 million over the next seven days. This latest allocation coincides with a recent report in the Wall Street Journal, which said that the Trump family’s investments in World Liberty Financial (WLFI) and TRUMP now make up the biggest part of their paper net worth after briefly reaching $6 billion.

Flock

According to Coindesk Research’s technical analysis model, it has traded in the range of 0.00005422 over the last 24 hours, falling 1.87% since swinging to a minimum of $0.00008913, from $0.00009435 to $0.00008913.

The volatile session of the token was marked at a sharp 4% meeting in the US morning hours, and made positive profits as resistance formed near the $0.00009400 level. Before it steadily declined in US afternoons, trading volumes surged to 95.85 billion tokens at rally height.

Floki’s price action coincided with a significant milestone announced earlier in the project today. The team has revealed that Floki is listed on Webull Pay, a popular US retail crypto trading platform run by Webull, which boasts over 24 million users. According to the team, the list is pushing forward the stated goal of significantly improving liquidity, expanding access to millions of potential new owners, and becoming the most recognized and widely used cryptocurrency in Floki.

Despite the weakness during the day and late decline, Floki was above the low session. While sellers have continued to be dominant at a higher level due to unsuccessful recovery attempts around $0.00009016, the ability of tokens above $0.00008900 may suggest fundamental support near the region as the market digests the meaning of the web list.

Technical Analysis Highlights

• Floki showed a sharp shift in direction around the main psychological level from $0.00008900 to $0.00009400.
• Early session profits were quickly unlocked as volumes dried up after 9:00 UTC Rally.
• Sales pressure was dominated by over $0.00009350 after being repeatedly rejected.
• The final selloff defeated temporary daytime support for $0.00009000.
• The amounts during the pullback phase remained elevated and showed distribution.
• Despite the near shortcomings, the price avoided a deep breakdown of less than $0.00008900.

Disclaimer: Part of this article is generated with the support of AI tools and reviewed by the editorial team to ensure accuracy and compliance Our standards. For more information, please refer Coindesk’s complete AI policy.

TRUMP, the memecoin tied to U.S. President Donald Trump, is up about 16% in the last 24 hours, even as Democratic lawmakers cite the president’s involvement with the token as potential grounds for impeachment and after a massive unlock earlier in the month.

At a town hall on Friday, Sen. Jon Ossoff (D-Ga.) pointed to the crypto project offering its top holders an invitation to a dinner event with President Trump, calling it a clear case of selling access to the presidency, NBC News reports.

“When the sitting president of the United States is selling access for what are effectively payments directly to him. There is no question that that rises to the level of an impeachable offense,” Ossify said.

U.S. Senators Adam Schiff (D-Calif.) and Elizabeth Warren (D-Mass.) also sent a letter on April 25 to the U.S. Office of Government Ethics asking for an investigation to determine if President Trump violated federal ethics rules by inviting top investors.

Read more: Dinner With the U.S. President? All You Need Is $420 Worth of TRUMP

The allegations stem from an announcement that a private dinner will be held on May 22, where the top 220 TRUMP memecoin holders can meet with the U.S. President.

Still, the TRUMP token has kept on rising. The memecoin surged over 70% after the event was announced and has already been up 85% over the last seven days.

The rise came even after the token saw a massive $320 million unlock earlier this month, significantly inflating its circulating supply. In less than three months, TRUMP token is set to endure an additional unlock of 25.1% of its current circulating supply, at the time of writing, worth nearly $780 million.

Despite the recent rise, the token is still down more than 77% from its all-time high above $70, which it saw shortly after launch. Its subsequent price plunge led to an estimated $2 billion of investor losses.

Read more: TRUMP Token Pops 12% After U.S. President Calls It ‘The Greatest of Them All’