The 1inch Network (1INCH) price reached a new yearly high on Feb. 21, but has fallen on Wednesday. However, no bearish reversal signs are in place, suggesting that the upward trend could continue.

The 1inch Network is an aggregation protocol unites decentralized finance (DeFi) protocols whose synergy enables the lowest prices and the fastest DeFi operations. A total of 274,286 1INCH tokens will be unlocked on Feb. 22. This represents 0.018% of the total supply, while 37% is still locked. Another significant unlock will occur on June 3, when roughly 250 million tokens will be unlocked. This is the largest remaining token unlock.

(By Valdrin Tahiri)

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