3 Token Unlocks For The Third Week Of April

Unlocking tokens has the power to change the market. They provide new liquidity, trigger price volatility, and affect investors' perceptions of a project. In these events, projects will release previously locked tokens, allowing them to be traded publicly. This week, three major projects are becoming the center of attention—Scroll (SCR), Plume Network (PLUME), and Altlayer (ALT)—as they prepare to release a series of tokens into circulation. Scroll (SCR) Unlock date: April 22 The amount of Tokens unlocked: 40 million SCR ( accounts for 4% of the total supply ) Current circulating supply: 190 million Total supply: 1 billion SCR Scroll is a Layer 2 solution that enhances the scalability and efficiency of Ethereum. This solution utilizes zkRollup technology to reduce transaction costs and increase throughput, helping to address issues such as high gas fees and congestion. On April 22, 40 million SCR tokens, worth approximately $9.2 million, will be unlocked. This unlocking may bring additional liquidity to the market and could increase interest in Scroll.

Plume Token (PLUME) Unlock date: April 21 The amount of Token unlocked: 108.34 million PLUME ( 1.08% of the total supply ) Current circulating supply: 2 billion Total supply: 10 billion Plume Plume Network is a Layer 1 blockchain that brings real-world assets on-chain. From art to green energy, it allows investments backed by diverse assets with fast transactions and low costs. The network seamlessly integrates these assets into the composable RWAfi ecosystem, enhancing their utility and enabling broader financial interactions. The unlock period on April 21 will include more than 108 million PLUME tokens valued at approximately $17.82 million at the time of the press release. Early supporters and contributors will receive the majority of these tokens, while the team will allocate 7% for the community airdrop.

Alt Layer (ALT) Unlock date: April 25 The number of Tokens unlocked: 240.80 million ALT (, 2.41% Total supply ) Current circulating supply: 3.03 billion Total supply: 10 billion ALT AltLayer is a project focused on enhancing blockchain scalability through Restaked Rollups. It utilizes "Restaked Rollups", integrating existing rollup stacks like OP Stack and Arbitrum Orbit with EigenLayer's restaking mechanism to improve security and decentralization. On April 25th, AltLayer will unlock 240 million ALT tokens, releasing about 6.5 million dollars into the market. This unlock could bring additional liquidity to the market and potentially renew interest in Altlayer. The network will allocate the majority of these tokens to the Fund and for the development of the protocol.

Similarly, other unlocking tokens this week include Orbiter Finance (OBT) and Hatom (HTM) on April 20 and ZND on April 24.