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Home News

5 Key Crypto Events to Watch This Week

An overview of noteworthy updates for some prominent blockchain networks and tokens

Buliga Dorin Buliga DorinVerified Author
Nov 25, 2024
1 min. read
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1. Fantom (FTM): Sonic L1 Launch in December

Fantom is gearing up to unveil “Sonic L1,” its next-generation Layer-1 protocol, scheduled for release in December. This update aims to enhance scalability, reduce transaction costs, and increase the network’s efficiency, solidifying its place in the competitive Layer-1 blockchain ecosystem.

2. Avalanche (AVAX): Fuji9000 Update Live on November 25

Avalanche’s Fuji9000 upgrade goes live on November 25, marking a significant step toward the network’s ambitious Avalanche9000 update, touted as the largest in its history. This milestone represents advancements in performance, scalability, and support for decentralized applications (dApps).

Jupiter (JUP): Airdrop Voting on Solana Starting November 25

Jupiter, a prominent liquidity aggregator on Solana, is preparing for “Jupuary,” a highly anticipated community-driven airdrop. Voting begins on November 25, allowing participants to shape the distribution of rewards, a key step in fostering decentralized governance.

Starknet (STRK): Staking Launch Next Week

Starknet, a leading Layer-2 scaling solution for Ethereum, plans to roll out staking for its native STRK token next week. This development enhances Starknet’s ecosystem by incentivizing long-term participation and network security.

Stacks (STX): sBTC Timeline Announcement Next Week

Stacks will soon reveal the launch timeline for sBTC, its Bitcoin-backed asset designed for decentralized finance (DeFi). By enabling BTC to interact seamlessly with DeFi protocols, sBTC represents a significant leap in Bitcoin’s utility within the broader crypto ecosystem.

Tags: Avalanche (AVAX)FTMJUPSTRKSTX

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