In June, the cryptocurrency market is poised for a significant influx of tokens as vesting periods for more than 30 blockchain projects come to an end, potentially releasing nearly $875 million worth of crypto assets.

According to Token Unlocks, major tokens set for release include those from Aptos (APT), Arbitrum (ARB), Starknet (STRK), and Sui (SUI).

Token vesting is a strategic method used in the cryptocurrency industry to prevent the early sale of tokens by a project’s team or initial investors. This practice helps avoid a sudden flood of tokens on the market, which can drive down prices. By locking tokens for a specific period, it ensures a more gradual and controlled release, mitigating the risk of market volatility.

On June 16, Arbitrum, an Ethereum layer-2 network, will release 92.65 million ARB tokens, valued at $105.6 million. Of these, $64 million worth of tokens are earmarked for the project’s team and advisers, with $41.6 million allocated to investors. Previously, on March 16, Arbitrum unlocked 1.1 billion ARB tokens worth $2.32 billion. This release led to a significant price drop of over 50%, with the token’s value falling from a high of $2.27 on March 8 to $1.13 currently.

Aptos, a layer-1 blockchain project, is set to unlock 11.1 million APT tokens valued at $102.6 million in June. Scheduled for June 12, the distribution includes $12.1 million for the foundation, $29.1 million for the community, $35.9 million for core contributors, and $25.5 million for investors.

Starknet, a project focused on zero-knowledge proofs, will also release a substantial number of tokens. On June 15, the protocol will unlock 64 million STRK tokens worth $78 million, intended for early contributors and investors.

Optimism, a project utilizing optimistic rollups, will release another 31.34 million OP tokens worth around $78 million. This follows a similar release on May 31, where tokens were distributed to core contributors and investors. The upcoming June release will follow the same allocation.

Finally, on June 1, the layer-1 blockchain platform Sui will unlock 65 million tokens worth $66 million. These tokens are designated for Series A and B investors, early contributors, the Mysten Labs treasury, and the community reserve. Sui had previously released approximately $1 billion in tokens in May.

The release of these tokens could introduce significant market dynamics, as investors and stakeholders watch closely to see how the influx of tokens will impact prices and market stability.