Cryptocurrency markets are preparing for a significant token unlock period between May 4 and May 11, 2026, according to Tokenomist data shared by WuBlockchain. These releases will add over $229 million in tokens to the market, creating potential short-term selling pressure if demand fails to absorb the new supply. The unlocks include major projects such as Hyperliquid, Ethena, Space and Time, RedStone, Opinion, Rain, Solana, Corn, TRUMP, Worldcoin, and Bittensor. As per recent reports, this week's unlock schedule includes both one-off releases and daily linear unlocks, making it a key period for market watchers.
Hyperliquid will unlock 422,000 HYPE tokens worth approximately $17.51 million, representing 0.11% of adjusted released supply and making it one of the largest cliff unlocks by dollar value this week. Ethena will release 171.88 million ENA tokens valued at around $17.28 million, accounting for 2.12% of adjusted released supply. Ethena serves as the governance token of the Ethereum-based protocol behind the USDe synthetic dollar. These biggest one-off unlocks, each valued at more than $5 million, include HYPE, ENA, SXT, RED and OPN, which happen at a specific time rather than being released slowly each day.
Space and Time will unlock 387.64 million SXT tokens valued at about $5.96 million, representing 23.20% of adjusted released supply and making it the largest unlock by supply ratio among cliff unlocks. RedStone will release 40.85 million RED tokens worth approximately $5.54 million, equal to 12.20% of adjusted released supply. Opinion will unlock 32.09 million OPN tokens worth about $5.45 million, representing 12.22% of adjusted released supply. Such events can sometimes create short-term volatility, though the real market impact depends on demand, liquidity and whether token holders choose to sell or hold.
Rain leads linear unlocks with 10.47 billion RAIN tokens worth $78.39 million, equal to 2.19% of circulating supply and representing the largest linear unlock by dollar value. Solana follows with 464,650 SOL worth about $38.90 million, though this represents only 0.08% of circulating supply. Corn will unlock 191.71 million CC tokens worth $28.36 million, equal to 0.50% of circulating supply. TRUMP will release 6.33 million tokens worth $14.75 million, representing 2.72% of circulating supply. Alongside one-off unlocks, several projects will see daily token releases worth more than $1 million, including RAIN, SOL, CC, TRUMP, WLD and TAO.
Worldcoin will unlock 37.23 million WLD tokens worth $9.70 million, while Bittensor will release 25,200 TAO tokens worth $7.29 million. Traders typically monitor these unlocks closely as new supply can add short-term selling pressure if market demand fails to absorb the increased token availability. The concentrated release period between May 4-11, 2026, represents a significant supply increase across multiple cryptocurrency projects. With total unlock value topping $229 million, these Major Token Unlocks could become one of the main crypto market themes this week.
