LAB skyrocketed 65% to $20 in a single day
On one hand, LAB skyrocketed 65% in a single day, hitting a peak of $20; on the other hand, XLM surged 40% due to a choice from DTCC, and HYPE set a new all-time high of $73.94. But at the same moment, over $1.8 billion in tokens are set to unlock in the next 30 days, with names like SUI, APT, and HYPE all on the unlock list.
Let's talk about LAB. This project running on Ethereum previously had a daily trading volume of less than $5 million, but on June 1, it shot up to $42 million, with the price jumping from around $10 to $20 in one go. During the same period, the CoinDesk 20 index dropped by 2%, indicating that the capital was not just flooding in randomly, but was precisely targeted at this one token. Such a surge suggests either a heavy catalyst is at play or funds are betting on some kind of “narrative premium” — for example, the project team buying back tokens, a new reward mechanism launching, or some yet-to-be-revealed collaboration.
XLM's surge follows the same logic. DTCC selected the Stellar network as the platform for tokenized securities, and as soon as the news broke, XLM jumped from around $0.20 to $0.2862, with spot trading volume hitting $2.3 billion. Although it has now pulled back to $0.218, that momentary explosive power shows how desperate the market is for “compliance narratives” and “institutional adoption.”
In the next 30 days, over $1.839 billion in tokens will unlock, with SUI, APT, and HYPE all facing large one-time unlocks, while Solana and Filecoin will release linearly, spitting out tokens daily. The altcoin market already suffers from liquidity issues, and with so much supply hitting the market, the supply-demand battle will be intense. Some coins might hold up, even attracting more funds with the increased circulation post-unlock; but many others will likely get crushed under the pressure.
HYPE, however, has temporarily held its ground. It has risen five times in a row to set new highs, with funds continuing to flow into newly launched ETFs — Bitwise's BHYP and 21Shares' THYP — which have pulled in over $100 million shortly after their launch. Institutions are treating HYPE as a proxy for DeFi and on-chain trading infrastructure, and if this positioning holds, the buying pressure will have structural support. But HYPE is also on the unlock list, so whether it can continue its independent trend will depend on whether ETF inflows can outweigh the selling pressure from the unlocks. #DTCC选择Stellar代币化结算平台 $LAB $XLM $HYPE
On one hand, LAB skyrocketed 65% in a single day, hitting a peak of $20; on the other hand, XLM surged 40% due to a choice from DTCC, and HYPE set a new all-time high of $73.94. But at the same moment, over $1.8 billion in tokens are set to unlock in the next 30 days, with names like SUI, APT, and HYPE all on the unlock list.
Let's talk about LAB. This project running on Ethereum previously had a daily trading volume of less than $5 million, but on June 1, it shot up to $42 million, with the price jumping from around $10 to $20 in one go. During the same period, the CoinDesk 20 index dropped by 2%, indicating that the capital was not just flooding in randomly, but was precisely targeted at this one token. Such a surge suggests either a heavy catalyst is at play or funds are betting on some kind of “narrative premium” — for example, the project team buying back tokens, a new reward mechanism launching, or some yet-to-be-revealed collaboration.
XLM's surge follows the same logic. DTCC selected the Stellar network as the platform for tokenized securities, and as soon as the news broke, XLM jumped from around $0.20 to $0.2862, with spot trading volume hitting $2.3 billion. Although it has now pulled back to $0.218, that momentary explosive power shows how desperate the market is for “compliance narratives” and “institutional adoption.”
In the next 30 days, over $1.839 billion in tokens will unlock, with SUI, APT, and HYPE all facing large one-time unlocks, while Solana and Filecoin will release linearly, spitting out tokens daily. The altcoin market already suffers from liquidity issues, and with so much supply hitting the market, the supply-demand battle will be intense. Some coins might hold up, even attracting more funds with the increased circulation post-unlock; but many others will likely get crushed under the pressure.
HYPE, however, has temporarily held its ground. It has risen five times in a row to set new highs, with funds continuing to flow into newly launched ETFs — Bitwise's BHYP and 21Shares' THYP — which have pulled in over $100 million shortly after their launch. Institutions are treating HYPE as a proxy for DeFi and on-chain trading infrastructure, and if this positioning holds, the buying pressure will have structural support. But HYPE is also on the unlock list, so whether it can continue its independent trend will depend on whether ETF inflows can outweigh the selling pressure from the unlocks. #DTCC选择Stellar代币化结算平台 $LAB $XLM $HYPE