FxWirePro- Token Unlock Today (BLAST)

Unlock Details

Date: June 26th 2025 (today)

Amount: 10.5 billion  tokens

Value: Approximately $21.81 million

Percentage of Supply: About 10.5% of the current circulating supply

On June 26, 2025, the Blast (BLAST) Ethereum Layer 2 protocol is scheduled for a significant token unlock, with 10.5 billion tokens set to enter circulation. This release constitutes approximately 34.9% of the circulating supply and 10.5% of the total supply, representing a market value near $22.6 million. The unlocked tokens are allocated primarily to core contributors (6.37 billion BLAST) and investors (4.13 billion BLAST), marking the first major release since the initial Token Generation Event.

The market context is notably unfavorable. BLAST’s price has fallen over 92% since launch, reaching a new all-time low of $0.002 on June 22, 2025, and declining an additional 15.3% in the week before the unlock. Historically, large-scale token unlocks in the midst of pronounced bearish trends have intensified selling pressure and precipitated further price declines. Analysts have indicated a potential downside target of $0.00094 should selling accelerate. While no additional “cliff” unlocks are scheduled for the next two years—future allocations will be distributed incrementally via linear vesting—the immediate effect of this event is anticipated to be heightened volatility and continued price depreciation for BLAST.