The crypto market receives tokens worth more than $268 million in the fourth week of December. This week, major projects like Humanity (H), Plasma (XPL), and Jupiter (JUP) are bringing new tokens into circulation.
These releases may cause additional supply pressure, which could lead to short-term volatility and fluctuations in the price. Here’s an overview of what to keep an eye on for each project.
1. Humanity (H)
Unlock date: December 25
Number of tokens to unlock: 105.36 million H (1.05% of the total supply)
Current circulating supply: 2.2 billion H
Total supply: 10 billion H
Humanity (H) is a decentralized identity protocol that uses biometric palm recognition, zero-knowledge proofs, and blockchain to verify real people without disclosing their personal data. It utilizes a native Proof of Humanity (PoH) consensus mechanism.
On December 25, the protocol will unlock 105.36 million tokens. These tokens are worth $15.33 million and represent 4.79% of the released supply.
The team divides the released tokens into three parts. The ecosystem fund receives 50 million H. Additionally, Humanity makes 42.86 million altcoins available for identity verification rewards and 12.50 million go to the treasury for foundation operations.
2. Plasma (XPL)
Unlock date: December 25
Number of tokens to unlock: 88.89 million XPL (0.89% of total supply)
Current circulating supply: 1.97 billion XPL
Total supply: 10 billion XPL
Plasma is a Layer-1 blockchain platform built to enhance the efficiency and scalability of stablecoin transactions. It allows for free transfers of USDT, the use of native gas tokens, supports confidential payments, and provides the capacity needed for global adoption.
Like Humanity, Plasma will unlock 88.89 million crypto tokens on Christmas Day. The XPL stack is worth $11.75 million. These tokens represent 4.52% of the current circulating supply.
The team will allocate all 88.89 million XPL for the ecosystem and growth.
3. Jupiter (JUP)
Unlock date: December 28
Number of tokens to unlock: 53.47 million JUP (0.76% of total supply)
Current circulating supply: 3.08 billion JUP
Total supply: 7 billion JUP
Jupiter is a leading decentralized exchange (DEX) aggregator on the Solana (SOL) blockchain. It optimizes trading routes for the best prices and minimal slippage.
The network will unlock 53.47 million JUP tokens on December 28 according to the monthly cliff vesting schedule. These tokens represent a value of $10.35 million and account for 1.73% of the released supply.
As with previous unlocks, Jupiter will allocate the majority of these released tokens to the team (38.89 million JUP) and to Mercurial stakeholders (14.58 million JUP).
In addition to these projects, there are other significant unlocks that investors should keep an eye on in the fourth week of December, including Soon (SOON), IOTA (IOTA), Avail (AVAIL), and various altcoins contributing to the total market-wide supply.
