Token unlocks: they’re a big deal in the crypto world because they can really shake things up in the markets. Think of them as releasing fresh energy—or in this case, tokens—into the system. This can cause prices to bounce around and shift how investors feel about a project. Basically, when a token unlock happens, a project makes tokens that were previously locked away available for everyone to trade.

Keep your eyes peeled this week because three noteworthy projects—Scroll (SCR), Plume Network (PLUME), and Altlayer (ALT)—are about to unleash a fresh batch of their tokens into the market.

Unlock Date: April 22

Number of Tokens to be Unlocked: 40 million SCR (4% of Total Supply)

Current Circulating Supply: 190 million

Total supply: 1 billion SCR

Scroll is like a turbocharger for Ethereum. It’s a Layer 2 solution designed to make Ethereum faster and more efficient. Using clever tech called zkRollup, Scroll helps cut down transaction costs and speed things up, tackling annoying issues like pricey gas fees and network congestion.

Coming up on April 22nd, Scroll is set to unlock 40 million SCR tokens, which is currently worth around $9.2 million. This influx of tokens could inject some extra life into the market and maybe even spark renewed interest in what Scroll is building.

Plume Network (PLUME)

Unlock Date: April 21

Number of Tokens to be Unlocked: 108.34 million PLUME (1.08% of Total Supply)

Current Circulating Supply: 2 billion

Total supply: 10 billion Plume

Plume Network is creating a bridge between the real world and the blockchain by bringing real-world assets onto the chain. From valuable art to eco-friendly energy projects, Plume makes it possible to invest in all sorts of asset-backed opportunities with speedy and affordable transactions. It cleverly weaves these assets into a flexible ecosystem known as RWAfi, boosting their usefulness and opening up broader financial possibilities.

On April 21st, Plume Network is unlocking over 108 million PLUME tokens, with a value of approximately $17.82 million as of now. The majority of these tokens are headed to early supporters and contributors, while 7% is earmarked by the team for a community airdrop – exciting news for the Plume community!

AltLayer (ALT)

Unlock Date: April 25

Number of Tokens to be Unlocked: 240.80 million ALT (2.41% of Total Supply)

Current Circulating Supply: 3.03 billion

Total supply: 10 billion ALT

AltLayer is all about making blockchains scale better, focusing on something called Restaked Rollups. Think of it as supercharging existing “rollup” technologies like OP Stack and Arbitrum Orbit by combining them with EigenLayer’s “restaking” magic. This approach aims to boost both security and decentralization.

This April 25th, AltLayer is preparing to unlock a substantial 240 million ALT tokens, injecting around $6.5 million into the market. Like other unlocks, this could bring more liquidity and possibly revitalize interest in AltLayer. The majority of these tokens will be directed to the Foundation and towards further protocol development – investing in the future of the project.

And the token unlock calendar for this week doesn’t stop there! Keep an eye out for Orbiter Finance (OBT) and Hatom (HTM) unlocks on April 20th, and ZND on April 24th to round out a busy week.