🔑 Key Takeaways

• ETH was the week's outperformer, while BTC held a rough $62–65K range.
• $ZRO's$20.48M unlock (4.60% of circulating supply) is partly counterweighted by LayerZero's ongoing buyback of ZRO funded with Stargate revenue.
• $H's $15.55M unlock (8.60% of circulating supply) is the week's largest release relative to float — and it lands on a token in a deep, post-hack drawdown.
• Jito's JIP-38 routes its JTX revenue share into a programmatic JTO buyback-and-burn.

Weekly Recap

Ethereum set the tone last week. ETH jumped about 6% to roughly $1,875 after June CPI came in softer than expected — the index fell 0.4%, cooling odds of a near-term Fed rate hike — before pushing to a fresh local high near $1,946.

The rally didn't hold cleanly. A sixth day of US airstrikes against Iran pulled risk appetite back into the second half of the week, sending BTC below $65K and ETH back under $1,900. Bitcoin spent most of the period range-bound between roughly $62K and $65K, still finishing higher week-on-week.

Upcoming Events

Next week’s scheduled token releases are set to exceed $700 Million in total value. Top tokens facing the largest cliff unlocks next week include $ZRO, $H, $KAITO, $XPL, and $SOSO.

Unlock Spotlight: $ZRO

• Unlock date: July 20, 2026
• Unlock amount: $20.48M
• Unlock as % cir. supply: 4.60%
• Vested allocation: Strategic Partners, Core Contributors, and Token Repurchased

LayerZero, the omnichain interoperability protocol, faces a moderate supply expansion here — but the headline figure likely overstates the net new sell-side pressure. Since April 2026, 100% of Stargate revenue has been routed toward buying ZRO on the open market, and prior Foundation buybacks have already trimmed the gross monthly Strategic Partners unlock. That standing bid provides a degree of absorption that most unlocks of this size don't have. On the other side of the ledger, this remains a recurring release weighted toward strategic partners and contributors on a token that has spent much of the year well off its peak, so concentration among early holders is still the variable to watch. The key monitor is whether buyback-side demand continues to offset the incremental float as it hits.

Unlock Spotlight: $H

• Unlock date: July 25, 2026
• Unlock amount: $15.55M
• Unlock as % cir. supply: 8.60%
• Vested allocation: Community, Founder/Team, Investors, and Reserve

This is the larger release relative to float, and it arrives at a delicate moment. Humanity Protocol saw its token fall roughly 90% following a $36M exploit in June, after which the team migrated to a newly audited contract via a 1:1 swap. At 8.60% of circulating supply, the unlock is meaningful on its own terms, and because it spans nearly all vesting buckets — community, team, investors, and reserve — it touches insider allocations as well as community-facing ones.

With a depressed price and thin daily liquidity, even a fraction of the released tokens reaching the market could weigh on price. The counterpoint is transparency: the schedule is public and well-telegraphed, so some of the impact may already be priced in. Still, the setup carries elevated overhang risk, echoing the dynamic seen on other post-crash tokens in recent weeks.

Notable Tokenomics Update

Jito ($JTO) — JIP-38 ties the token to product revenue

Jito moved from governance chip to cash-flow story last week. JIP-38 passed on July 13, one day before Jito Labs launched JTX, a self-custodial trading terminal built on Solana. The proposal commits the Jito DAO's revenue share from JTX to a programmatic JTO buyback-and-burn, with a minimum one-year commitment running through Q4 2027.

One clarification worth making, because it has been widely misreported: the mechanism does not route "100% of revenue." It directs the DAO's 80% revenue share from JTX into the buyback — not the entire fee stream. The distinction matters for anyone modeling the impact.

New on Tokenomist

$SENT (Sentient) — an open-source AGI token

Sentient is now live on the Tokenomist platform, so its allocation and vesting schedule are fully trackable. Sentient is an open-source AI network with $SENT serving as the coordination and incentive token that powers the chain and rewards verifiable contributions. The project is backed by Founders Fund and Pantera, and the token has traded since November 2025.

Sentient is now live on the Tokenomist platform, so its allocation and vesting schedule are fully trackable.