According to @MilkRoadDaily, several major cryptocurrency projects including ARB, KAITO, ENA, ZRO, APT, SUI, PUMP, JTO, STRK, and IMX are scheduled for significant token unlocks this month. These unlock events typically increase circulating supply, often leading to heightened price volatility and trading volume as investors react to the new supply dynamics. Traders are advised to closely monitor these assets for potential trading opportunities and risk management, as token unlocks can create both sharp price drops and short-term rallies depending on market sentiment and liquidity conditions (source: @MilkRoadDaily).

According to Cas Abbé on Twitter, SUI, a leading L1 blockchain with a total value locked (TVL) of $1.7 billion, daily DEX volume of $350 million, and $63 million in annualized revenue, is scheduled for a significant token unlock on May 1st. On this date, 88.34 million SUI tokens valued at $319 million will be released into circulation (source: @cas_abbe, April 28, 2025). This massive unlock could potentially increase SUI's circulating supply, affecting price volatility and liquidity. Traders should closely monitor order book dynamics and price action around the unlock event for potential trading opportunities and risks.