Crypto Market Braces for $746.5 Million Token Unlock Surge
The cryptocurrency market is preparing for significant token unlocks in the third week of September 2026. Three major projects, LayerZero (ZRO), Connex (CONX), and Bedrock (BR), will release new tokens worth over $746.5 million.
On September 20, LayerZero will unlock 25.71 million ZRO tokens, representing 4.22% of the released supply. This event is expected to introduce market volatility and influence short-term price movements.
The team behind LayerZero will allocate 13.42 million ZRO to strategic partners, 10.63 million to core contributors, and 1.67 million for tokens repurchased by the team.
Connex will unlock 1.32 million CONX tokens on September 15, worth approximately $13.21 million. The project aims to integrate blockchain with networking, promoting transparency and fair value exchange among professionals in the digital economy.
Bedrock will also release 40.63 million BR tokens on September 20, representing 18.68% of the current released supply. This event could have a significant impact on the market, as Bedrock is a liquid restaking protocol that issues tradable tokens backed by deposited assets.