Amid the overall rise of the ETH ecosystem, this week’s focus on U.S. CPI, PPI, and initial jobless claims data may prove pivotal in driving a potential bull market.
As ETH surges past $4,300, the crypto market is buzzing with anticipation for what could be a pivotal week. Traders’ focus will be firmly placed on key U.S. economic data releases, including July's CPI, PPI, and retail sales figures, alongside the University of Michigan Consumer Confidence preliminary survey.
With inflation data potentially exceeding expectations, even before the impact of mutual tariffs is fully realized, markets may see reduced bets on rate cuts — a dynamic that could ripple through asset classes, including cryptocurrencies.
Adding to the intrigue, U.S. President Donald Trump has nominated "pro-crypto" advocate Stephen Miran as a Federal Reserve Governor. Meanwhile, SharpLink Gaming is set to disclose its second-quarter financial results this week. Additionally, over $200 million worth of token unlocks, spanning major projects like Avalanche, Arbitrum, and Aptos, will inject liquidity and volatility into the crypto market.
August 11
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The deadline for claiming the SNS airdrop from Solana domain name service provider sns.sol (formerly Bonfida) is August 11.
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Binance Alpha listed SatLayer (SLAY) and Xeleb Protocol (XCX), with eligible users able to claim airdrops using Binance Alpha points after trading opens.
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Binance delisted DEFIUSDT and MEMEFI USDT-margined perpetual contracts.
Token Unlocks
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Solayer (LAYER): Unlocks approximately 27.02 million tokens, 9.51% of circulating supply, valued at ~$17 million.
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io.net (IO): Unlocks approximately 13.29 million tokens, 6.51% of circulating supply, valued at ~$8.3 million.
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BounceBit (BB): Unlocks approximately 42.90 million tokens, 6.36% of circulating supply, valued at ~$5.4 million.
August 12
Token Unlocks
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Aptos (APT): Unlocks approximately 11.31 million tokens, 2.20% of circulating supply, valued at ~$52.10 million.
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peaq (PEAQ): Unlocks approximately 84.84 million tokens, 7.03% of circulating supply, valued at ~$5.6 million.
August 14
August 15
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SharpLink Gaming (SBET) will hold a conference call at 12:30 UTC to disclose financial and operational results for the second quarter.
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Reports indicate that Donald Trump and Vladimir Putin plan to meet in Alaska.
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FTX creditors must complete KYC verification, submit tax forms, and select compensation channels.
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The SEC is required to submit a report to the Court of Appeals in its ongoing lawsuit against Ripple.
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Ghana has mandated virtual asset companies to complete their registration.
Token Unlocks
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Avalanche (AVAX): Unlocks approximately 1.67 million tokens, 0.51% of circulating supply, valued at ~$39.2 million.
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Sei (SEI): Unlocks approximately 55.56 million tokens, 1.21% of circulating supply, valued at ~$17.90 million.
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Starknet (STRK): Unlocks approximately 127 million tokens, 5.98% of circulating supply, valued at ~$16.80 million.
August 16
Coinbase will suspend trading for Function X (FX) due to unresolved issues with the asset's underlying smart contract, effective at 2:00 p.m. ET.
Token Unlocks
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Arbitrum (ARB): Unlocks approximately 92.65 million tokens, 2.04% of circulating supply, valued at ~$43.24 million.
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Celestia Foundation: Conducts its first unlock of TIA tokens purchased from Polychain.
August 17
The United States will release key economic data, including July's retail sales figures, import price index, August's preliminary one-year inflation rate expectations, and the University of Michigan Consumer Confidence Index.
Token Unlocks Summary
Aug 11
- Solayer: 27.02M $LAYER, ~$17.33M, at 2 PM UTC
Aug 12
- Aptos: 11.31M $APT, ~$53.61M, at 12 AM UTC
- EigenLayer: 1.29M $EIGEN, ~$1.87M, at 7 PM UTC
Aug 15
- Stark: 127M $STRK, ~$17.59M, at 12 AM UTC
- Avalanche: 1.67M $AVAX, ~$39.62M, at 12 AM UTC
- Sei: 55.65M $SEI, ~$17.87M, at 12 PM UTC
Aug 16
- Arbitrum : 92.65M $ARB, ~$43.95M, at 1 PM UTC
Aug 17
- ZKsync: 173.08M $ZK, ~$10.31M, at 8 AM UTC
- ApeCoin: 15.6M $APE, ~$10M, at 12:30 PM UTC
