Token unlock involves releasing tokens that were previously blocked under fundraising terms. Projects schedule these releases to avoid market pressure and maintain token prices.

Major token unlocks next week include Pixels, Avalanche, Space ID, and Ethena. Factors like liquidity and early investor profit-taking could impact their dynamics.

Pixels (PIXEL) will unlock 54.37 million tokens on August 19, used in a multiplayer game for governance and purchases.

Avalanche (AVAX) will release 9.54 million tokens on August 19, utilized for fees, staking, and governance. This is significant for its market impact.

Space ID (ID) will unlock 18.49 million tokens on August 22, allowing for decentralized identity across blockchains.

Ethena (ENA) will unlock 14.89 million tokens on August 25, focusing on ecosystem development and governance.

These unlock schedules, if well-planned, could enhance long-term project viability, team motivation, and ecosystem growth.