In the third week of May 2026, the cryptocurrency market is preparing to welcome significant token unlocks, representing a total value of over 770 million dollars. These imminent movements, concerning notable projects such as Pyth Network, LayerZero, and Kaito, are to be closely monitored, as they could generate significant volatility and influence prices in the short term.
Pyth Network (PYTH)
On May 19, Pyth Network plans to unlock an impressive total of 2.13 billion PYTH tokens. This unlock represents about 36.96% of the current circulating supply, which totals 5.75 billion PYTH out of a total supply of 10 billion.
Pyth Network is a decentralized oracle protocol designed to provide real-time financial market data to blockchain applications. Through its network, it gathers price feeds from over 120 leading publishers, including major exchanges and trading firms. The release of the 2.13 billion tokens is estimated at a value of approximately 92.46 million dollars.
The unlocked tokens will be distributed across several categories: 1.13 billion for ecosystem growth, 537.5 million to reward publishers, 250 million reserved for private sales, and finally, 212.5 million intended for protocol development.
LayerZero (ZRO)
On May 20, the interoperability protocol LayerZero plans to unlock 25.71 million ZRO tokens. This amount constitutes 5.07% of the circulating supply, which totals 507.08 million ZRO out of a total of 1 billion.
LayerZero is distinguished by its goal to facilitate frictionless cross-chain communication, allowing decentralized applications (dApps) to interact without resorting to traditional bridge models. The release of these tokens equates to a value of approximately 32.65 million dollars.
For this unlock, LayerZero has earmarked 13.42 million ZRO for its strategic partners, while 10.63 million will be distributed to key contributors. Additionally, 1.67 million tokens are reserved for a buyback by the team.
Kaito (KAITO)
On the same day, May 20, Kaito announces the unlocking of 17.6 million KAITO tokens. The circulating supply of KAITO is 374.28 million, with a total planned supply of 1 billion tokens.
Kaito positions itself in the market with solutions aimed at maximizing engagement and participation within its ecosystem. The 17.6 million unlocked tokens represent a crucial step for the development of its network, offering additional opportunities for investors and users.
For more details on these significant events, you can check this detailed article.
