by Coinstrooper Crypto Articles
Quick Take
  • The cryptocurrency market will welcome a wave of tokens worth more than $605.5 million in the second week of August 2026.
  • Major projects, including YZY (YZY), Connex (CONX), and Arbitrum (ARB), will release previously locked supplies over the next seven days.
  • These unlocks could increase short-term volatility and influence price movements.
  • So, here’s a breakdown of what to watch in each project.

What Happened

The team will allocate 100 million altcoins to Yeezy Investments LLC, Vesting 3 and 12.5 million tokens to Yeezy Investments LLC, Vesting 1. Moreover, it will direct 8.33 million tokens to Yeezy Investments LLC, Vesting 2.

Market Context

The cryptocurrency market will welcome a wave of tokens worth more than $605.5 million in the second week of August 2026. Major projects, including YZY (YZY), Connex (CONX), and Arbitrum (ARB), will release previously locked supplies over the next seven days.

These unlocks could increase short-term volatility and influence price movements. So, here’s a breakdown of what to watch in each project.

Connex will unlock 1.32 million CONX tokens into the market on August 15. Moreover, the supply is worth approximately $11.55 million. It represents 1.43% of the released supply.

Why It Matters

1. YZY (YZY)

Unlock Date: August 16

Details

Number of Tokens to be Unlocked: 120.83 million YZY

Released Supply: 529.17 million YZY

Total supply: 1 billion YZY

YZY is a cryptocurrency token associated with the rapper Ye (formerly known as Kanye West). It is positioned within the broader “YZY MONEY” ecosystem, which includes the YZY token, the payment platform Ye Pay, and the physical YZY Card.

On August 16, YZY will unlock 120.83 million tokens worth around $35.22 million. The tokens represent 22.83% of the released supply.

2. Connex (CONX)

Unlock Date: August 15

Number of Tokens to be Unlocked: 1.32 million CONX

Released Supply: 92.57 million CONX

Total supply: 100 million CONX

Connex is a permissionless, open, and collaborative Web3 professional network. The project integrates blockchain with networking, promoting transparency and fair value exchange among professionals in the digital economy. Holders can use CONX for payments and governance.

The team will allocate around 822,500 CONX to the ecosystem. Furthermore, the community treasury will get 500,000 altcoins.

3. Arbitrum (ARB)

Number of Tokens to be Unlocked: 92.65 million ARB

Released Supply: 5.74 billion ARB

Total supply: 10 billion ARB

Arbitrum is a Layer-2 scaling solution built for Ethereum (ETH). It enhances transaction speed and reduces costs while maintaining the security of the Ethereum network.