VANA unlocks $6.13 million worth of tokens after one week, new project faces its first large-scale liquidity test

According to the latest news, the Vana(VANA) project will unlock 2.57 million tokens, valued at approximately $6.13 million, at 19:00 Beijing time on January 16. This is the first large-scale token unlock since the project launched on December 13, 2024. With only one month since the launch and market enthusiasm still high, this unlock event will be a key moment to test market absorption capacity.

Unlock Scale and Impact Assessment

Key Data Overview

From the data, the scale of this unlock is relatively controlled. The 2.57 million tokens account for only about 8.5% of the current circulating supply, not an extremely large unlock. However, it is important to note that VANA’s total supply is 120 million tokens, with only 25.07% currently in circulation, meaning there are still a large number of tokens to be released in the future. This is a long-term pressure factor to watch.

Short-term Project Performance Remains Strong

VANA has performed well since its launch. According to the latest data, the project has increased by 5.04% over the past 7 days, with a 24-hour trading volume of $4.91 million. More indicative is that user yield data shows some early participants earned about $400 from 25 VANA tokens, reflecting the project’s market enthusiasm and attention.

However, the 17.59% decline over the past 30 days also indicates a significant correction since launch. Such volatility is common in new projects but also suggests market expectations are adjusting.

Potential Impact of the Unlock

Price Pressure Analysis

Token unlocks often exert potential pressure on prices, mainly due to:

• Holders of unlocked tokens may choose to sell for profit
• Market liquidity may face testing
• Increased supply could depress prices
• Psychological expectations may shift

However, the magnitude of this impact depends on several factors: overall market sentiment, the trend of mainstream cryptocurrencies like Bitcoin, whether the project team has measures to support the price, and holders’ actual willingness to sell.

Key Indicators to Watch

• Changes in trading volume before and after the unlock
• Occurrence of large buy orders
• Public statements from the project team
• Market performance of other new projects

Personal Opinion

Historically, the first large-scale unlock of a new project is often a turning point. If the market’s absorption capacity is strong and holders are optimistic about the project’s prospects, the unlock may be absorbed without causing a significant decline. Conversely, if market sentiment weakens or holders sell off en masse, it could accelerate a downturn. VANA’s situation should be judged in conjunction with the overall market environment at that time, especially the trend of mainstream cryptocurrencies like Bitcoin, which will have a significant influence.

Summary

VANA is about to face its first large-scale token unlock since launch. The $6.13 million scale is relatively moderate, accounting for less than 9% of circulating supply, but it could still exert short-term pressure on the price. The key factors are market acceptance and the true intentions of holders. For investors, this is a critical period to monitor closely, but there is no need for excessive panic—token unlocks are a normal part of market cycles, and what truly matters is the project’s long-term development prospects.