Key Token Unlocks This Week (July 20–26, 2026)
Published 7/26/2026, 9:49:37 PM
The $156M+ token unlock wave occurring this week (July 20–26, 2026) is expected to exert significant downward pressure on specific assets, most notably GRAM (TON) and LayerZero (ZRO). However, the overall market impact is nuanced by a major 43% reduction in daily supply for Worldcoin (WLD), which may act as a counter-balancing bullish signal for that specific token [Source: https://coldchaineswatini.com/].
Key Token Unlocks This Week (July 20–26, 2026)
The following table outlines the major unlock events scheduled for this period. Note that while the total value is estimated at approximately $156M, some reports suggest the figure could be as high as $166M [Source: https://coldchaineswatini.com/].
| Token | Project | Unlock Date | Unlock Value | Type | Market Impact Risk |
|---|---|---|---|---|---|
| GRAM | The Open Network | July 23, 2026 | $52.0M | Cliff | 🔴 High (Largest single event) |
| ZRO | LayerZero | July 20, 2026 | $18.4M | Cliff | 🔴 High (Price already down 1.07%) |
| H | Humanity Protocol | July 24, 2026 | $17.2M | Cliff | 🟡 Medium (Sharp supply increase) |
| KAITO | Kaito AI | July 20, 2026* | $17.1M | Cliff | 🟢 Low (Strong +18% momentum) |
| AVAX | Avalanche | July 25, 2026 | $10.9M | Cliff | 🟢 Low (High liquidity buffer) |
| WLD | Worldcoin | July 24, 2026 | -$2.2M/day | Reduction | 🔵 Bullish (43% supply drop) |
*Note: There is conflicting data regarding the KAITO unlock; while some schedules list July 20, other evidence suggests the unlock is scheduled for July 30, 2026.
Critical Market Signals
- Worldcoin (WLD) Supply Pivot: Effective July 24, 2026, WLD's daily unlock rate will drop from ~5.1M to ~2.9M tokens [Source: https://coldchaineswatini.com/]. This 43% reduction in new supply entering the market is a significant structural shift that could alleviate long-term sell pressure.
- LayerZero (ZRO) Vulnerability: ZRO is currently trading at $0.849 with a slight 24h decline. Given its $300M market cap, the $18.4M unlock represents a meaningful percentage of circulating supply, making it one of the most sensitive assets to this week's wave.
- GRAM (TON) Dominance: GRAM represents the largest single dollar-value release this week at $52M [Source: https://coldchaineswatini.com/]. As a "cliff" unlock, this represents a sudden injection of liquidity that often leads to immediate price volatility.
- KAITO Resilience: Despite the impending unlock, KAITO has surged 18.07% in the last 24 hours to $1.174. This suggests that market demand for AI-related tokens is currently outpacing the anticipated new supply.
- Plasma (XPL) Public Sale: On July 26, 10% of the total XPL supply (worth ~$7.29M) is expected to become tradable, though some sources indicate the 12-month lockup for US public sale participants may not end until July 28, 2026.
Historical Context and Assessment
While historical price impact data for this specific $156M wave is limited by the lack of comparative metrics from past similar events, the concentration of value in GRAM and ZRO suggests these assets face the highest risk of price suppression. Conversely, WLD may see a "relief rally" as its aggressive inflation rate finally begins to taper [Source: https://coldchaineswatini.com/].
The overall pressure on the market will likely be localized to the specific tokens mentioned rather than a broad market downturn, provided that liquidity in major pairs like AVAX remains stable. Investors should exercise caution with ZRO, KAITO, and XPL as security checks for these contracts could not be independently verified during this research.