Three Crypto Projects Unleash $746.5 Million in Tokens Amid Market Volatility
The third week of September 2026 will see significant token unlocks worth over $746.5 million, according to recent reports. Major projects such as LayerZero (ZRO), Connex (CONX), and Bedrock (BR) are set to release substantial new token supplies.
LayerZero, an interoperability protocol that enables seamless cross-chain communication, will unlock 25.71 million tokens on September 20, representing 4.22% of the released supply. This represents approximately $26 million in value and includes awards to strategic partners, core contributors, and tokens repurchased by the team.
Connex, a permissionless Web3 professional network that integrates blockchain with networking, will unlock 1.32 million CONX tokens on September 15, worth around $13.21 million. This represents 1.41% of the released supply and includes allocations to the ecosystem and community treasury.
Bedrock, a liquid restaking protocol that issues tradable tokens backed by deposited assets, will unlock 40.63 million BR tokens on September 20, representing 18.68% of the current released supply. This is worth approximately $12.74 million and includes allocations to the founding team and seed investment.
These token unlocks could introduce market volatility and influence short-term price movements, making them key events for investors to watch in the third week of September.