Next Week in Crypto: Key Events to Watch (May 5 - May 11, 2025) 🗓
Next week features a suit of important events — from major token unlocks to Fed’s interest rate decision and Ethereum Pectra upgrade. Here’s what to keep on your radar:
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🔒 Token Unlocks
- May 5 – ENA Unlock
Ethena (ENA) will unlock 171.88 million tokens, valued at approximately $51 million, representing 3.10% of its circulating supply.
- May 7 – KAS Unlock
Kaspa (KAS) is set to unlock 144.64 million tokens, worth approximately $14 million, representing 0.55% of its circulating supply.
- May 9 – MOVE Unlock
Movement (MOVE) will unlock 50 million tokens, valued at approximately $9 million, representing 2% of its circulating supply.
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📊 FOMC Meeting & Rate Decision
- May 7 — FOMC Meeting and Federal Reserve's Rate Decision
With Core PCE coming in slightly below expectations and unemployment rate coming in as expected, all eyes now turn to next week’s most important economic events — the Federal Reserve’s rate decision and the subsequent FOMC press conference.
While the Fed is widely expected to hold rates steady this meeting, markets are currently pricing in a 35% chance of a rate cut in Fed’s June meeting, according to the CME FedWatch Tool. As such, investors will be paying close attention to any signals from Fed Chair Jerome Powell on the future path of monetary policy.
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▶️ Important Events
- May 7 — Ethereum Pectra Upgrade
Ethereum's Pectra upgrade is scheduled for May 7, introducing key enhancements like EIP-7702, which enables functionalities like transaction batching and gas fee sponsorship, and EIP-7251, increasing the maximum validator balance from 32 ETH to 2,048 ETH.
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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!
