by Coinstrooper Crypto Articles
Quick Take
  • The crypto market will welcome tokens worth more than $737.7 million in the second week of May 2026.
  • Major projects, including Connex (CONX), Avalanche (AVAX), and Arbitrum (ARB), will release significant new token supplies.
  • These unlocks could introduce market volatility and influence short-term price movements.
  • Number of Tokens to be Unlocked: 1.32 million CONX

What Happened

These unlocks could introduce market volatility and influence short-term price movements. So, here’s a breakdown of what to watch.

Market Context

The crypto market will welcome tokens worth more than $737.7 million in the second week of May 2026. Major projects, including Connex (CONX), Avalanche (AVAX), and Arbitrum (ARB), will release significant new token supplies.

Connex will unlock 1.32 million CONX tokens into the market on May 15. Moreover, the supply is worth approximately $17.95 million. It represents 1.49% of the released supply.

Why It Matters

Unlock Date: May 15

Unlock Date: May 12

On May 12, Avalanche will unlock 1.67 million worth more than $17 million. The tokens represent 0.31% of the released supply.

Unlock Date: May 16

Details

1. Connex (CONX)

Number of Tokens to be Unlocked: 1.32 million CONX

Released Supply: 88.6 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.

2. Avalanche (AVAX)

Number of Tokens to be Unlocked: 1.67 million AVAX

Released Supply: 536.9 million AVAX

Total supply: 720 million AVAX

Avalanche is a high-performance, open-source Layer-1 blockchain platform. It uses a unique three-chain architecture for scalability, speed, and security.

The foundation will receive the entire unlocked supply.

3. Arbitrum (ARB)

Number of Tokens to be Unlocked: 92.65 million ARB

Released Supply: 5.41 billion ARB

Total supply: 10 billion ARB

Arbitrum is a layer-2 scaling solution for Ethereum designed to enhance transaction speed and reduce transaction costs. The network leverages an optimistic rollup protocol to process transactions off-chain while maintaining the security and decentralization of the Ethereum network.