3 Token will open for viewing in the first week of April 2026.
The crypto market will receive more than $643 million worth of tokens in the first week of April 2025. Major projects including Hyperliquid (HYPE), Sui (SUI) and Athena (ENA) will release significant new token offerings.
These openings can introduce market volatility and affect short-term price movements. So, here's a list of what to watch.
1. HYPE
Launch Date: April 6 Number of Tokens Launched: 9.92 Million HYPE Released Supply: 415.33 Million HYPE Total Supply: 1 Billion HYPE
HyperLiquid is a leading decentralized sustainable futures exchange built on its own Layer-1 blockchain. It offers high-performance transactions with low latency, chained order books, and sub-second transactions.
On April 6, the team will open 9.92 million HYPE, making $375.84 million. Tokens hold 2.66% of the released supply.
Hyperliquid directs all open altcoins to major contributors. However, Tokenomist pointed out that HYPE has historically claimed far fewer tokens than the planned launch amount.
2. Sui
Launch Date: April 1st Number of Tokens Launched: 42.94 Million SUI Released Supply: 3.9 Billion SUI Total Supply: 10 Billion SUI
Sui is a high performance Layer-1 blockchain. It uses the Move programming language to enable scalable, secure and efficient decentralized applications (dApps).
Moreover, the network focuses on parallel execution for high throughput, making it ideal for gaming, decentralized finance (DeFi) and Web3 ecosystems.
On April 1, Sui will unlock 42.94 million altcoins as per its monthly schedule. This stack represents 1.10% of the released supply. Also, the price is approximately $36.36 million.
Of the open offering, 19.32 million SUI will go to Series B investors. Community reserve and early contributors will get 12.63 million and 8.93 million SUI. Finally, Mysten Labs will receive 2.07 million altcoins.
3. Athena (ESA)
Opening date: April 2 Number of tokens to be opened: 40.63 million ESA supply: 7.84 billion ESA total supply: 15 billion ESA
Athena is a synthetic dollar protocol built on top of Ethereum (ETH). The primary product of the protocol is USDe, a synthetic dollar stablecoin. Additionally, ESA is the protocol's management token.
The group will release 40.63 million ENA tokens on April 2nd. The $3.64 million worth of tokens account for 0.52% of the released supply.
Etena donates the entire unlocked supply to the Foundation. In addition to these three, Gunz (GUN), Eigen Cloud (EIGEN) and Opinion (OPN) will enter the market with new offerings in the first week of April.
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