The release of tokens continues to play a significant role in shaping the cryptocurrency market and impacting overall market sentiment and liquidity. This week, three projects—StarkNet (STRK), TRUMP, and Polyhedra Network (ZKJ)—are set for significant token unlocks.

TRUMP and Polyhedra are preparing to unlock tokens equivalent to more than 20% of their market capitalization.

For TRUMP, 40 million TRUMP tokens, representing 4.00% of the maximum supply, will be unlocked on April 18. This release will contribute to 20% of its market cap, valued at $338.57 million.

StarkNet, which is an Ethereum Layer 2 scaling solution utilizing STARK-based zero-knowledge rollups, will unlock 127.60 million STRK tokens on April 15, worth $16.71 million. This accounts for about 4.40% of the current market cap.

Polyhedra Network, known for its blockchain interoperability through zkBridge technology, will release 15.50 million ZKJ tokens on April 19, valued at $35.16 million—equivalent to 25.7% of ZKJ’s market cap.

The token unlocks this week bring more than $400 million worth of tokens into the market. While some projects may experience downward pressure, others like ZKJ are showing positive momentum. It is crucial for traders to closely monitor token distribution to anticipate any potential shifts in market sentiment and liquidity.