One-week token unlocking: STRK unlocks 3.8% of the circulating supply

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ODAILY
2 days ago
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This week, a total of 10 projects were unlocked, with STRK accounting for a relatively large proportion at 3.8% of the circulating supply, while the others are not more than 2%.

Starknet

Project Twitter: https://twitter.com/Starknet

Project Website: https://starknet.io/

Number of tokens unlocked this time: 127 million

Unlocked amount: Approximately $16.84 million

Starknet is an Ethereum Layer 2 that uses zk-STARKs technology to make Ethereum transactions faster and reduce fees. StarkWare, the parent company of Starknet, was founded in 2018 and is headquartered in Israel, with its main products being Starknet and StarkEx. By using STARK, Starknet verifies transactions and computations without requiring all network nodes to verify each operation. This significantly reduces computational burden and increases blockchain network throughput.

Specific release curve is as follows:

Movement

Project Twitter: https://x.com/movementlabsxyz

Project Website: https://movementlabs.xyz/

Number of tokens unlocked this time: 49.86 million

Unlocked amount: Approximately $7.18 million

Movement is a modular framework for building and deploying Move-based infrastructure, applications, and blockchains in any distributed environment. The first version, M 1, redefines L1 as a vertically composable and horizontally scalable first-layer framework that is compatible with Solidity, connecting EVM and Move liquidity, and allowing builders to create modular and interoperable application chains with different user bases and liquidity out of the box.

Specific release curve is as follows:

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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