The cryptocurrency market will welcome over $446 million in tokens in the third week of October 2025. In particular, three projects will release significant new token supplies: FastToken (FTN), Connex (CONX), and Arbitrum (ARB).
These unlocks can cause market volatility and affect price movements in the short term. Here’s a breakdown of what’s notable about each project:
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1. Fast Token (FTN)
Unlocking date: October 18th Number of tokens unlocked: 20 million FTN (2% of total supply) Current circulating supply: 433.3 million FTN Total supply: 1 billion FTN
FastToken (FTN) is Bahamut’s native currency. It is a layer 1 public EVM-based blockchain solution that leverages the Proof of Stake and Activity (PoSA) consensus mechanism. This token powers the Fastex ecosystem, bridging decentralized finance and real-world applications.
On October 18th, the team will release 20 million tokens worth approximately $40.2 million.
This represents 2.04% of the altcoin’s current issued supply. Additionally, founders receive the entire unlocked supply.
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2. CONX
Unlocking date: October 15th Number of tokens unlocked: 2.32 million CONX (2.32% of total supply) Current circulating supply: 1.15 million CONX Total supply: 100 million CONX
Connex is a permissionless, open, and collaborative Web3 professional network. The project integrates blockchain and networking to facilitate transparency and fair value exchange between experts in the digital economy. Holders can use CONX for payments and governance.
Connex will bring 2.32 million CONX tokens to the market on October 15th. In addition, the supply value will be approximately $32.42 million.
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The team will allocate 1 million CONX to the Foundation and 822,500 CONX to the ecosystem. At the end, the community treasury will receive 500,000 tokens.
3. Arbitrum (ARB)
Unlocking date: October 16th Number of tokens to be unlocked: 92.65 million ARB (0.93% of total supply) Current circulating supply: 5.4 billion ARB Total supply: 10 billion ARB
Arbitrum is a layer 2 scaling solution built for Ethereum (ETH). Increase transaction speed and reduce costs while maintaining the security of the Ethereum network. Blockchains accomplish this by utilizing “optimistic rollups,” which process transactions off-chain and send them to the Ethereum mainnet for validation.
On October 16th, Arbitrum will release a new supply of 92.65 million tokens to the market. The token is valued at $31.63 million, representing 1.99% of the currently released supply.
Arbitrum will award ARB 56.13 million to teams, prospective teams and advisors from unlocked supplies. Additionally, investors will earn 36.52 million tokens.
In addition to these, other notable unlocks that investors can look out for in the third week of October include deBridge (DBR), Starknet (STRK), sei (SEI), and ZKsync (ZK).
