This week's major crypto events

This week, the crypto industry is expecting important events that could affect market volatility. From July 21 to 26, the presentation of Trump's crypto policy, the start of the Sonic airdrop distribution, and the Optimism Superchain update are scheduled

July 22: Trump's Bitcoin Reserve Plan

What's Happening: Trump's team is expected to release a crypto policy report and possibly unveil a plan to create a government reserve in bitcoin.

Context: The announcement follows a successful “crypto week” (July 14-20), when the US Congress passed three important bills: the GENIUS Act, the CLARITY Act, and the Countering Government Control of Central Bank Digital Currencies (CBDC) Act.

What's important to know: Experts are concerned about the lack of details – the size of the potential reserve, sources of funding and the possibility of using bitcoins to pay off US government debt are unclear.

July 22: Sonic S1 Airdrop Distribution Begins

What's happening: Applications for the first season of the Sonic Labs S token airdrop are now closed (the portal has been open since July 15).

Distribution mechanism:

• 25% of tokens will be available immediately in liquid form
• 75% will be distributed over 270 days via tradable NFTs
• Early receipt is possible with a burning mechanism

What you need to know: The S token is trading at $0.4097, up more than 5% in the last 24 hours. Participants are warned of possible scams amid the hype.

Week of July 22: Optimism Superchain Update

What's Happening: Layer 2 solution Optimism is launching a major Superchain upgrade following a successful vote on July 17.

Technical improvements:

• Upgrading smart contracts to improve interoperability across networks
• Increasing gas limits to 500 million per block
• Increasing the level of decentralization and security

What is important to know: the update will affect the main networks of the ecosystem – OP Mainnet, Base, Ink and Unichain. Possible integration with Coinbase Layer-2 solution Base is also planned.

Results

The week ahead promises to be eventful for crypto traders. Four diverse events, from technology updates to political initiatives, are setting the stage for increased volatility. Investors are advised to keep a close eye on official announcements and be wary of scams, especially those related to airdrops.

Источник: cryptocurrency.tech