Crypto Market Update: SOON and Major Token Unlocks

In the dynamic world of cryptocurrency, the asset SOON has been making headlines with its recent performance and market activities. As of June 23, 2025, SOON closed at a price of $0.268923, marking a significant recovery from its 52-week low of $0.184052 on June 17, 2025. Despite this rebound, it remains below its 52-week high of $0.477641, recorded on May 23, 2025. The market capitalization of SOON stands at approximately $40.45 million, reflecting its current standing in the crypto market.

SOON’s Engagement with TON Station Daily Combo

In a strategic move to boost user engagement and reward participation, TON Station Daily Combo has been offering SOON Points to its participants. On June 23 and 24, 2025, updates from cryptopanic.com highlighted the opportunity for users to win SOON Points through the TON Station Daily Combo. CoinGabbar has been at the forefront, facilitating access to these rewards, underscoring the growing synergy between crypto platforms and user incentive programs.

Impending Token Unlocks: A Catalyst for Market Volatility

The final week of June 2025 is poised to be a pivotal period for the crypto market, with over $250 million in token unlocks scheduled from June 23 to June 30. This wave of unlocks, as reported by Cryptopolitan, is expected to introduce a significant amount of new supply into the market, potentially leading to heightened volatility.

Among the notable projects, Blast (BLAST) and Across Protocol (ACX) are leading the charge with substantial token unlocks. On June 26, Blast is set to release 10.5 billion BLAST tokens, valued at approximately $22.6 million, representing 10.5% of its total supply. This event is the largest single token unlock by value for the week, accounting for 55.32% of the total unlock supply. Across Protocol follows with a significant release of 100 million ACX tokens, valued at $13.82 million, which constitutes 80% of its unlock supply.

These unlocks are not just numerical milestones but are indicative of the evolving landscape of the crypto market. Token unlocks, especially of this magnitude, are known to fuel market volatility, as they introduce a large volume of tokens into circulation. This can lead to significant price fluctuations, affecting not only the projects involved but also the broader market sentiment.

Looking Ahead

As the crypto market navigates through these token unlocks, investors and enthusiasts alike are advised to stay informed and cautious. The influx of new tokens could present both opportunities and challenges, making it a critical time for strategic decision-making. For SOON and similar assets, the unfolding events could influence market dynamics, potentially impacting their price and market position.

In conclusion, the final week of June 2025 is set to be a defining moment for the crypto market, with major token unlocks and strategic initiatives like the TON Station Daily Combo playing pivotal roles. As the market braces for these developments, the focus remains on how these events will shape the future trajectory of cryptocurrencies like SOON and the broader digital asset ecosystem.