🔥🔥🚀Next Week in Crypto: Key Events to Watch (April 28th–May 4th, 2025) 🗓
Next week brings a suite of events ranging from major token unlocks to important US economic data. Here’s what to keep on your radar:
#CryptoUpdate🚀🔥 ---
#UpdateAlert #UnlockAlert 🔒 Token Unlocks
- April 30 – OP Token Unlock
Optimism (OP) will unlock 31.34 million tokens, valued at approximately $26 million, representing 1.89% of its circulating supply.
- May 1 – SUI Token Unlock
Sui (SUI) is set to unlock 74 million tokens, worth approximately $260 million, representing 2.28% of its circulating supply.
- May 2 – ENA Token Unlock
Ethena (ENA) will unlock 40.63 million tokens, valued at approximately $15 million, representing 0.73% of its circulating supply.
📊 US Economic Data Releases
- April 30 — Core PCE
- May 2 — Nonfarm Payrolls
- May 2 — Unemployment Rate
This week will be action-packed on the economic data front, kicking off with PCE inflation data and followed by labour market figures later in the week.
First up is PCE, the Fed’s preferred inflation measure, which excludes food and energy. A softer-than-expected print would suggest cooling inflation — a bullish signal for markets that could strengthen hopes for monetary easing. Conversely, a hotter reading would likely be viewed as bearish, reinforcing expectations that the Fed will maintain a tighter monetary policy stance.
The spotlight will then shift to the labour market, with Nonfarm Payrolls and the Unemployment Rate on deck. Strong figures would reinforce the Fed’s cautious approach and suggest the economy remains resilient. However, any signs of weakness — whether through softer job growth or a higher unemployment rate — would likely be seen as bullish for markets, fuelling hopes for rate cuts later this year.
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That’s all for next week’s action! Keep an eye on these events, and we’ll be back with more updates in the next roundup!