Token Unlocks on the Horizon: October 2025

The crypto market is gearing up for a week of potentially volatile activity as several projects prepare to unlock previously restricted tokens. These unlocks represent a significant influx of new supply and could influence price movements for the respective assets. Here's a look at three key unlocks to watch:

LayerZero (ZRO) - October 20

• Unlock Date: October 20, 2025
• Tokens Unlocked: 25.71 million ZRO (2.57% of Total Supply)
• Current Circulating Supply: 111.15 million ZRO
• Total Supply: 1 billion ZRO

LayerZero is an omnichain interoperability protocol, facilitating communication between different blockchains. This unlock will release 25.71 million ZRO, valued at approximately $42.68 million. A significant portion, 13.42 million ZRO, is earmarked for strategic partners. Additionally, 10.63 million tokens are allocated for core contributors, and 1.67 million ZRO for team repurchases.

Plasma (XPL) - October 25

• Unlock Date: October 25, 2025
• Tokens Unlocked: 88.89 million XPL (0.89% of Total Supply)
• Current Circulating Supply: 1.8 billion XPL
• Total Supply: 10 billion XPL

Plasma is a Layer 1 blockchain designed for efficient stablecoin transactions. The project will release 88.89 million XPL on October 25th, worth roughly $36.27 million. All of these tokens are designated for ecosystem growth initiatives.

Soon (SOON) - October 23

• Unlock Date: October 23, 2025
• Tokens Unlocked: 15.21 million SOON (1.55% of Total Supply)
• Current Circulating Supply: 272.4 million SOON
• Total Supply: 981.8 million SOON

SOON is a Solana Virtual Machine (SVM) Rollup focusing on the Super Adoption Stack. The unlock on October 23rd will release 15.21 million SOON tokens. The allocation includes 8.30 million tokens for NFT holder airdrops, 4.17 million for ecosystem development, 2.22 million for community incentives, and 520,830 for airdrops and liquidity provisions.

Key Takeaways

• Monitor price action around the unlock dates.
• Understand the intended use of the unlocked tokens.
• Consider the overall market sentiment when evaluating potential impact.

Other Unlocks to Watch

Several other projects will also undergo token unlocks in the fourth week of October, including MBG, SCR, UDS, and KAITO. Investors should research these unlocks and their potential consequences.