TREE NEWS reports: Kite AI will unlock 670 million tokens this week, worth about $76.84 million and equal to 27.9% of its circulating supply, the largest share among this week’s scheduled token releases. Ethena will unlock 140 million tokens worth roughly $25.64 million, while Bitway will release 100 million tokens valued at about $110 million. Kite AI is building an open, decentralized base layer for autonomous AI agents.
Kite AI to Unlock 670M Tokens, 27.9% of Circulating Supply
AI take
Kite AI's unlock stands out less for its dollar value than for its scale relative to float — releasing more than a quarter of circulating supply in a single week is a structural test of how thin the market for an early-stage AI-agent infrastructure token really is. The comparison with Ethena and Bitway matters: those are larger or better-established names releasing smaller proportional tranches, so Kite's supply shock is idiosyncratic rather than a broad market signal. The open question is whether demand deepens enough to absorb the new float, or whether the token's liquidity simply reprices to a new equilibrium.
Generated by AI for reference only.
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