I just noticed that the AVAX market is about to have a pretty interesting unlock event. In February of next year, Avalanche will release approximately 1.67 million tokens, equivalent to 0.32% of the current supply. At the current price of about $9.42, that comes out to roughly $15.75 million—on the surface, it doesn’t look like a huge number, but in a crypto market as sensitive as today’s, it’s still worth paying attention.

What’s interesting is that this unlock is allocated to the Avalanche Fund, a standard part of the project’s long-term distribution roadmap. Based on historical data, unlocks of under 1% of supply usually don’t cause major shocks, but it also depends on market sentiment at the time. If trading volume is low, even relatively small supply flows can still create volatility.

But the real takeaway is that Avalanche isn’t just sitting idle. We see FUSD—the first RWA stablecoin in Asia—has just launched on Avalanche, backed by money market funds. This is a strategic move to attract institutional capital. Plus, with the Granite upgrade currently being rolled out—reducing cross-chain messaging costs and improving scalability—these factors could help offset the supply pressure from the AVAX unlock.

By the way, if you want to track the details, you can use a blockchain explorer to see whether the tokens being released are transferred to exchanges or held within the ecosystem. If they’re kept in validator nodes, that’s generally a good sign of long-term commitment. In short, this event isn’t too concerning, especially since the ecosystem is seeing positive developments underneath.