Sui Network Token Unlocks Spark $150 Million Release Wave

The Sui Network's native token, SUI, is experiencing a significant increase in new supply as part of its ongoing vesting schedule. According to Cryptorank, SUI unlocks around $15.4 million in tokens daily this week.

This token release wave is topped by Audiera's (BEAT) at roughly $81.66 million on August 1. EigenLayer's EIGEN adds another $7.65 million on the same day, while Kite AI's KITE unlocks around $6.08 million.

SUI trades at $0.69 with a market capitalization near $2.78 billion. Its max supply is capped at 10 billion tokens, of which about 4.05 billion are already circulating.