- Sui, Ethena and EigenLayer face token unlocks this week that could influence their prices.
- These events come as cryptocurrencies consider a broader rebound in October.
- SUI, ENA and EIGEN trade around key levels ahead of token releases and traders’ hopes for an “Uptober.”
Sui, Ethena and EigenLayer are among the notable cryptocurrencies whose prices may encounter increased pressure as large token unlocks approach.
With Bitcoin trading above $112,000, Ethereum above $4,100 and BNB above $1,007, attention naturally turns to what comes next for top tokens. Traders are discussing a potential October rally—an “Uptober”—as risk assets could benefit from improving market sentiment.
At the same time, upcoming supply releases for SUI, ENA and EIGEN have drawn traders’ focus because token unlocks introduce new liquidity and can spark heightened selling or trading activity.
“In an environment where risk appetite softens, tokens with significant unlock schedules may struggle to find sufficient demand,” Tokenomist wrote in its weekly digest. “Until momentum improves, these tokens could underperform the broader market.”
Below is a concise look at Sui, Ethena and EigenLayer ahead of major token unlocks expected over the next seven days.
Sui (SUI) price hovers near $3.30
Sui, the native token of the high-throughput layer-1 blockchain, is trading around $3.31, up roughly 6% in the past 24 hours. Despite that move, SUI is down about 1.7% over the past week.
Longer-term catalysts—such as ETF-related interest and growing DeFi integrations—suggest meaningful tailwinds for the token. In the short term, however, 44 million SUI are scheduled to be released on October 1, 2025.
This cliff unlock, currently valued at approximately $143.8 million, represents roughly 1.2% of the circulating supply entering the market.
According to Tokenomist, the cliff primarily affects vested allocations, including Series B investors, community reserves and early contributors. These allocations follow a vesting schedule with linear releases after initial cliffs to help mitigate sudden sell pressure.
“Despite the size of this release, its impact may be muted,” Tokenomist analysts added. A substantial portion of SUI’s total supply remains locked under long-term vesting schedules, with some allocations not set to be released until 2030. That creates a slow-emission profile, giving the market time to absorb new supply without aggressive selling pressure.
Short-term downside volatility could push SUI bears toward support near $2.90. Conversely, ecosystem catalysts—like upcoming Bitcoin-DeFi expansions and improving risk sentiment—could limit losses and give bulls an opportunity to drive a recovery.
Price outlook for Ethena (ENA) and EigenLayer (EIGEN)
Like SUI, Ethena’s ENA and EigenLayer’s EIGEN also face notable unlocks next week.
The next major ENA release will unlock 212.5 million tokens, worth about $126.7 million, equivalent to roughly 3.2% of the circulating supply.
Key price levels to watch for ENA are support around $0.55 and resistance near $0.65.
Meanwhile, EigenLayer will see 36.82 million EIGEN tokens unlocked, valued at approximately $68.5 million and representing about 13.7% of EIGEN’s circulating supply.
The cliff release is aimed at investors and early backers, and near-term downside risk places a key support level around $1.70.
On the positive side, EigenLayer’s expansion with EigenCloud, ties to Google Cloud and growing traction in the Ethereum ecosystem mean that a breakout above $2.10 could support a recovery and put bulls in pursuit of a $3 target.
Overall, these scheduled unlocks warrant attention. While longer-term fundamentals and ecosystem developments may provide support, token releases introduce short-term supply that can amplify volatility. Traders should monitor unlock timing, on-chain flows and macro risk sentiment when assessing potential price moves for SUI, ENA and EIGEN in the days ahead.