Key Events in the Crypto Market This Week
This week brings several important developments in the crypto market, including new listings, network upgrades, and key macroeconomic events that could impact market trends. Here’s what to watch:
Monday, March 18
• CME will launch $SOL futures trading.
• Conflux Network ($CFX) and Ronin Network ($RON) will undergo network upgrades.
• NVIDIA kicks off the GTC 2025 AI conference.
Tuesday, March 19
• Solv Protocol ($SOLV) will start using unclaimed tokens for BTC reserves.
• Binance will delist $BNX due to rebranding and relist it as $FORM on Friday.
Wednesday, March 20 – Major Macroeconomic Events
• Bank of Japan interest rate decision (Expected: 0.5%).
• Eurozone annual inflation rate (CPI) announcement (Expected: 2.4%).
• #FED interest rate decision (Expected: 4.5%).
• FED Chair Powell’s press conference, which could set the market tone.
Thursday, March 21
• BNB Chain ($BNB ) will launch the Pascal hard fork on the mainnet.
Token Unlocks – Potential Sell Pressure Ahead
Significant token unlocks are scheduled for this week and beyond, which may increase selling pressure on certain assets.
• March 18 (Monday)
• $WLD: 3.42M tokens (~$5M)
• $GRT: 88.41M tokens (~$8M)
• $SOLV: 176.33M tokens (~$8M)
• $APE: 15.60M tokens (~$8M)
• March 21 (Friday)
• $IMX: 27.31M tokens (~$15M)
• $AVAX : 1.67M tokens (~$32M)
• March 22 (Saturday)
• $ID: 78.49M tokens (~$19M)
✨ This week is packed with key events that could impact the crypto market. The FED rate decision and Powell’s comments will be crucial for market sentiment, while network upgrades and futures launches may drive volatility in specific assets. Additionally, the large token unlocks could create sell pressure, so traders should stay cautious.
