Crypto traders and investors will have another opportunity to hold frontline ecosystem-specific events between July 21st and 26th, with multiple headlines in this week’s Crypto News lineup.
In talking about the imminent altcoin season, the following events could provide useful insights for investors looking to capitalize on the expected volatility:
Kaito’s announcement
AI-powered information platform Kaito said it is working on Launchpad, a positive jump point for its new project.
Kaito founder Yu Hu shows the network’s plans to promote opinion capital markets. This product offers a path to polls, hot take and debate.
It remains unclear what the announcement is, but the bets are on the launchpad, and Yu Hu is bullying Kaito’s next chapter.
“The initial community offering via community-owned launchpad will be explained in detail immediately in the next chapter of Kite,” Yu Hu said in a recent post.
Trump’s Bitcoin Reservation Funding Plan
Another crypto news item that will move through the market this week is Trump’s crypto policy report through July 22nd. The US government is rumoured to announce a BTC reserve funding plan.
It will begin on July 14th, just days after the spotlight has been lit on three key bills: the genius law, the clarity act and the CBDC surveillance national law.
Beincrypto reported the passage of an act of genius and clarity, and the US president teased that the former was named after him.
It’s worth noting as the market is monitoring Bitcoin Reserve’s funding plans Since then, experts have been worried about this venture At the beginning of the year. It remains unclear whether taxpayers will fund the reserves, how much it will grow, or whether it will be used to repay US federal debt.
Sonic S1 Airdrop Claim Portal opens
Traders and investors are watching the Sonic Season 1 Airdrop claims portal open. In a July 5th post, Sonic Lab gave the window between July 15th and 22nd.
Sonic Labs said the first season of S Airdrop will be distributed in two phases. The first is a 25% liquidity distribution. This means that a quarter of participant allocations can be billed immediately for liquid tokens.
Second, the remaining 75% will be entitled as tradable NFTs with early billing burn over 270 days.
The claim comes after the first season of Airdrop closed on June 18th. Meanwhile, in the predictions, airdrop farmers are seeing scams. Bad actors may use hype to exploit unsuspecting victims.
Sonic’s S-Token was trading at $0.4097, an increase of over 5% over the past 24 hours.
Optimistic Super Chain Upgrade
Another crypto news to watch this week is the optimistic super chain upgrade. On June 16, Ethereum Layer-2 Rollup unleashed the super chain as part of the Season 8 initiative. Upgrades are part of the governance initiative.
“SuperChain Upgrade 16 has passed OP Governance and will be live next week,” optimism said on July 17th.
Key components of this upgrade include changes to smart contracts to support the path to interoperability. It also includes decentralization and increased security in line with L2BEAT’s updated standards to stay on stage 1, including OP mainnet, base, ink, and unicane.
Additional improvements to the OP stack include an increase in gas limit to 500m gas per block. In a follow-up post on July 17, optimism suggested the possibility of integration with the Coinbase Layer-2 (L2) chain, Base.
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