The crypto world is gearing up for a week filled with major events

Indeed, several highly anticipated launches and significant token unlocks are on the agenda. These developments could have a significant impact on the cryptocurrency market in the coming days.

The crypto world is preparing for a week packed with major events, including several highly anticipated launches and significant token unlocks. These developments are expected to have a substantial impact on the cryptocurrency market in the coming days.

Here's a closer look at some of the key events to watch for:

Launch of new revolutionary crypto platforms

On July 29, pSTAKE will launch version 1 of its liquid staking platform for Bitcoin. This new protocol will allow BTC holders to stake their cryptos while retaining custody.

In addition, pSTAKE plans to launch a promotional campaign in August, offering boosted pSats and additional rewards via Babylon. However, the protocol will initially limit deposits to 50 BTC for security reasons. Crypto withdrawals are expected to be enabled in the following weeks.

Router Chain connects ecosystems

Another important date to mark on the calendar is July 30, with the launch of Router Chain's mainnet. This layer 1 blockchain aims to enable large-scale cross-chain abstraction. It plans to connect more than 150 different blockchain ecosystems, including EVM-compatible and non-EVM crypto networks, as well as L2 and L3 scalability solutions.

The Router Chain team is also working on integrations with major blockchains like Bitcoin, Solana, and Osmosis.

Other promising launches

Drift Protocol is also set to enter the prediction market on Solana. While the exact date is still to be confirmed, the launch seems imminent.

Additionally, Eclipse, an Ethereum L2 scalability solution, is expected to launch its mainnet this week after successfully passing an OtterSec audit. This ambitious crypto project combines several cutting-edge technologies to become the “fastest and most universal” L2.

Crypto token unlocks to watch closely

On August 3, a major event awaits the crypto market with the unlocking of 600 million W tokens from Wormhole. This represents no less than 33.33% of the circulating supply, valued at around 176 million dollars. Such an influx of liquidity could have a significant impact on the token's price.

Other important cryptos that will see a portion of their tokens unlocked this week include Optimism (OP) and Sui.

This week promises to be rich in developments for the crypto ecosystem. The launches of innovative new platforms like pSTAKE BTC and Router Chain could attract many users. Moreover, major token unlocks like Wormhole are likely to influence the market substantially. As a result, crypto investors and enthusiasts will be keeping a close eye on these events, which could shape trends in the coming days.

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Originally a crypto community manager, I am interested in anything that is directly or indirectly related to blockchain and its derivatives. To share my experience and promote a field that I am passionate about, nothing is better than writing informative and relaxed articles.