Top 10 Token Unlocks in March – Rain Leads With $338M

CryptoRank data shows the ten largest scheduled token unlocks in March 2026 total approximately $620 million in combined value, with Rain’s $338 million unlock on March 10th representing more than half the aggregate figure and STBL carrying the highest float percentage of any unlock in the set at 4.17%.

The Full List

Rain leads the month by a wide margin. The March 10th unlock releases 37.43 billion RAIN tokens worth $338.02 million, representing 3.25% of the project’s market cap. No other unlock in March comes close to that figure in dollar terms. It is the kind of scheduled release that typically generates significant price discussion in the weeks before the date, as market participants attempt to assess how much of the unlocked supply is likely to be sold versus held.

Sui unlocks 53.82 million SUI worth $48.65 million on March 1st, the earliest unlock in the dataset and representing 0.54% of market cap. At 0.54%, the float impact is modest for a project of Sui’s size and liquidity depth, which limits the structural selling pressure relative to what the dollar figure alone might suggest.

Stable releases 888.80 million STABLE tokens worth $29.41 million on March 8th at 0.89% of market cap. Power Protocol follows on March 5th with 12 million POWER worth $23.04 million at 1.20% of market cap.

The Mid-March Cluster

The back half of the first two weeks carries a notable concentration of unlocks that will land in the same window as the Federal Reserve rate decision on March 18th.

Aster unlocks 78.41 million ASTER worth $56.02 million on March 17th at 0.98% of market cap. LayerZero releases 24.68 million ZRO worth $45.45 million on March 20th at 2.47% of market cap. Lombard unlocks 25.31 million BARD worth $25.16 million on March 18th at 2.53% of market cap. pump.fun releases 10 billion PUMP worth $19.07 million on March 14th at 1.00% of market cap.

The LayerZero and Lombard unlocks both carry float percentages above 2.47%, placing them in the category where even modest coordinated selling from early holders can create visible price impact. LayerZero in particular has been mentioned in prior unlock cycle discussions as a project where team and early investor holdings are concentrated, making the 2.47% float figure more consequential than a comparable percentage from a more distributed holder base.

Late March

River unlocks 1.36 million RIVER worth $18.42 million on March 22nd at 1.36% of market cap. STBL releases 416.73 million STBLE worth $16.97 million on March 16th.

STBL carries the highest float percentage of any unlock in the top ten at 4.17%. A 4.17% addition to circulating supply in a single unlock event represents a meaningful dilution for existing holders and places significant pressure on the project to absorb that supply without a proportional price decline. For smaller projects with limited daily trading volume, unlocks at this percentage have historically produced predictable selling windows in the days surrounding the event date.

Reading the Schedule as a Whole

The $338 million Rain unlock on March 10th is the number that dominates the month, and it arrives in the middle of a macro environment where sentiment is already under significant pressure. A $338 million token release during a period of extreme fear and ongoing geopolitical uncertainty is not the same as a $338 million release during a bull market with strong retail participation and institutional inflows.

The conditions under which these unlocks land matter as much as the unlocks themselves. Rain, LayerZero, and STBL are the three names most worth monitoring given their combination of dollar value and float percentage impact. The Fed decision on March 18th sits between the Lombard and Aster unlock dates, adding macro volatility to a week that already carries scheduled supply expansion across multiple assets.

March’s unlock schedule is not uniquely large relative to prior months. In the current market context, it does not need to be.

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