Altcoin Rally Likely Delayed? Market to See $555M Token Unlocks

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Over $555 million in crypto token unlocks are scheduled this week, just as the Altcoin Season Index hits 71.

Over $555 million worth of tokens are set to be unlocked between Oct. 6 and Oct.13, according to data from Tokenomist. 

The wave of unlocks spans dozens of projects, from emerging altcoins to established layer-1 giants, and comes just as the Altcoin Season Index surges to 71, nearing the critical 75 mark that typically precedes parabolic altcoin rallies.

$555 Million in Token Unlocks: A Week of Supply Pressure

Token unlocks represent the scheduled release of previously locked tokens, often held by teams, early investors, or ecosystem grants, into the open market.

When these unlocks are large compared to the circulating supply, they can trigger short-term volatility or sell-side price pressure as recipients move to capitalize on profits.

This week’s schedule includes some massive cliff unlocks. ATH leads, releasing 1.26 billion tokens valued at $68.06 million, which accounts for 10.32% of its total supply.

Aptos APT $5.28 24h volatility: 3.5% Market cap: $3.73 B Vol. 24h: $678.36 M follows closely with $61.53 million in unlocks, representing 1.61% of supply. Other releases include BABY, BB, and HOME, each unlocking over 9% of their total token supplies.

Projects like LINEA, IO, and MOVE also join the list, adding to what could be a high-supply week across multiple sectors.

SOL Leads Linear Unlocks

In linear unlocks, where tokens are released gradually each day,  Solana SOL $233.4 24h volatility: 0.6% Market cap: $127.43 B Vol. 24h: $6.20 B leads with $115.16 million in unlocks, representing 0.09% of circulating supply.

The politically-associated meme token TRUMP TRUMP $7.83 24h volatility: 0.6% Market cap: $1.57 B Vol. 24h: $204.09 M will release $38.05 million (1.52%) of its supply, while Worldcoin WLD $1.26 24h volatility: 1.9% Market cap: $2.72 B Vol. 24h: $146.47 M , Dogecoin DOGE $0.26 24h volatility: 0.1% Market cap: $39.06 B Vol. 24h: $2.46 B , and Avalanche AVAX $30.57 24h volatility: 0.1% Market cap: $12.91 B Vol. 24h: $716.73 M each contribute over $20 million in daily releases.

Mid-cap tokens like ASTER, TIA, SUI, and ETHFI are also on the list, with unlocks ranging from 0.09% to 2.04% of their supplies.

Historically, large token unlock periods coincide with increased selling pressure, especially when market liquidity is thin or investors are cautious.

Altcoin Season: On the Edge of Euphoria

While unlocks raise concerns about short-term dips, broader market indicators continue to flash bullish signals.

The TOTAL3 chart, which tracks the total crypto market cap excluding Bitcoin BTC $124 021 24h volatility: 1.0% Market cap: $2.47 T Vol. 24h: $52.69 B and Ethereum ETH $4 569 24h volatility: 0.8% Market cap: $551.54 B Vol. 24h: $28.69 B , recently broke above key resistance at $1.16 trillion, testing the 0.786 Fibonacci retracement level.

Related article: Altcoin Market Indicators Reach Highest Levels, Santiment Lists Top Trending Coins

This breakout suggests strong underlying demand for altcoins and a potential acceleration toward $1.2 trillion and beyond.

Source: TradingView

If momentum holds, Fibonacci extensions project upside targets at $1.31 trillion (1.618 level), $1.48 trillion (2.618), and $1.76 trillion (4.236). The RSI at 61 indicates that while altcoins are heating up, the market has not yet entered overbought territory.

With the Altcoin Season Index’s reading of 71,  crypto is nearing a full-fledged alt season, a phase when capital rotates aggressively from Bitcoin and Ethereum into mid- and small-cap tokens.

Meanwhile, Bitcoin also hit a new all-time high at $125,000, just two months after the leading digital asset crossed $120K for the first time. Once the dominance declines, capital inflow could soon result in a massive surge in the prices of high-growth altcoins.

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