Overview of February’s Cryptocurrency Activity
As February approaches, the cryptocurrency space is set to usher in a slew of exciting events. Here’s an overview of February’s major cryptocurrency activity, in date order:
Ape Chain Proposal ($APE): On February 2, the Ape Chain community will propose an important proposal that may have a profound impact on the entire ecology.
Nakamoto Proposal ($STX): On the same day, the community of the STX token will vote on a key decision.
100M Unlocking (SUI): On February 3, part of the supply of SUI tokens will be unlocked, and the market reaction is worthy of attention.
stSOL support ends ($LDO): February 4th. This change may have an impact on the SOL ecosystem.
People's Bank of China RRR Cut: On February 5, the People's Bank of China may adjust its reserve requirement ratio, with implications for financial markets.
Adding new LSTs (Eigenlayer): On the same day, Eigenlayer will add three new LSTs, which has positive significance for the ecology.
Etrog Upgrade ($MATIC): On February 6th, the MATIC token will undergo an important upgrade.
Mainnet Upgrade ($ZEN): On February 7, the ZEN token’s mainnet will undergo a major update.
Merger Proposal (KLAYFNSA): On February 8, the merger proposal of the Klaytn network and the FNSA ecosystem will be voted on.
Token Swap ($AHA): On the same day, the AHA token will undergo a token swap event.
BTC spot ETF approval decision (Hong Kong): On February 9, the Hong Kong Stock Exchange will make a decision on the BTC spot ETF.
210M Unlocked (APT): On February 12th, a portion of the supply of APT tokens will be unlocked.
CPI data release (US): On February 13, key inflation data will be released, affecting market sentiment.
Bithumb delisting decision ($SSX): On February 14, a decision will be made on whether the SSX token will be delisted by the Bithumb exchange.
Do Kwon Detention Ended: On February 15, the Terra founder will be released, with implications for the market.
Incentivized Testnet ($DUSK): On the same day, the DUSK token will launch an incentivized testnet.
PPI Data Release (US): On February 16, the Producer Price Index will be released.
Unlocking $51M ($MANTA): On February 18, a portion of the supply of MANTA tokens will be unlocked.
Protocol Upgrade Voting ($XLM): On February 20, the Stellar protocol upgrade will be voted on.
Nvidia Earnings Release ($NVDA): On the same day, NVIDIA’s earnings will be released, affecting its stock price.
Greenfield Hard Fork ($BNB): On February 22, Binance’s Greenfield hard fork will take place.
Changpeng Zhao Hearing: On February 23, a hearing involving Binance CEO will be held.
Unlocking $25 Million ($ALT): On February 25th, a specific number of ALT tokens will be unlocked.
Comment Deadline (Crypto Corporate Tax – Japan FSA): On the same day, Japan’s financial regulator will comment on crypto corporate tax policy.
HTX Airdrop Snapshot ($TRX): On February 28, TRON’s HTX token airdrop will take a snapshot.
ETHDenver 2024: On the same day, the ETHDenver conference will open.
77 Million Tokens Unlocked ($OP): On February 29th, a portion of the supply of Optimism tokens will be unlocked.
