Crypto
SUI Sinks Under Token Unlock Pressure as BEAT Surpasses $80 Million Release
The Sui Network's native token SUI is releasing an estimated $15.4 million in new supply each day this week due to its ongoing vesting schedule, which is part of a broader token unlock wave.
Audiera's (BEAT) artist-token platform leads the release wave at roughly $81.66 million, with EigenLayer's EIGEN adding $7.65 million on August 1.
SUI trades at $0.69 with 4.05 billion of its 10 billion token cap already circulating.