Top Crypto Events to Watch This Week: Solana, ENA, and AI Tokens in Focus

The new week in crypto might be a busy one, with several key events that could impact both token prices and broader market sentiment. The DeFi Investor (@TheDeFiInvestor) shared a watchlist highlighting some of the most important developments traders should keep an eye on.

AI Tokens Gain Attention With ChatGPT-5 Launch

AI-related cryptocurrencies are back in the spotlight as ChatGPT-5 is expected to launch in early August. This event has historically fueled interest in tokens tied to artificial intelligence and decentralized computing. AI coins could see a bump in volatility as traders position for potential hype-driven moves.

Sonic and Silo Finance Prepare Major Updates

  • Sonic ($S) will hold its first major governance vote on institutional expansion. A successful vote could mark the beginning of Sonic’s broader adoption efforts, potentially attracting larger investors.
  • Silo Finance ($SILO) is preparing to launch auto-leverage features in August, allowing users one-click access to leveraged yield strategies. This kind of upgrade can boost platform engagement and drive attention to its token.

Solana and Web3 Expansion

Solana ($SOL) continues its push into the consumer hardware market. Its new Seeker smartphone, a Web3-ready device, is set to start shipping on August 4. Solana’s first phone, Saga, helped spark interest in on-chain mobile adoption. Traders will be watching if Seeker can drive a new wave of user engagement for Solana-based applications.

Read also: Crypto Veteran Warns Ripple Community: XRP Price Drop Is Not Over Yet

ENA Token Unlock and DeFi Activity

Ethena ($ENA) will face a major token unlock on August 5, with $99 million worth of ENA entering circulation. Token unlocks can create short-term selling pressure, especially if market sentiment is weak. Meanwhile, HOME ($HOME) is conducting a governance vote to buy back 1.8% of its token supply, with voting scheduled to end on August 4. Buybacks are often seen as bullish for long-term holders if executed efficiently.

DateEventTokens In Focus
Aug 4Solana Seeker smartphone shipping begins$SOL
Aug 4HOME governance vote ends on 1.8% token buyback$HOME
Aug 5$99M ENA token unlock$ENA
Early AugChatGPT-5 launch – potential AI token hypeAI coins
Aug 7U.S. tariff hike on most countries$BTC, macro markets
AugustSonic first governance vote on institutional expansion$S
AugustSilo Finance auto-leverage feature launches$SILO
AugustPortal to Bitcoin ($PTB) token launch$PTB

Bitcoin and Macro Market Catalysts

Bitcoin ($BTC) traders are eyeing macro developments this week, with the U.S. set to raise tariffs on almost all countries on August 7. Global economic shifts like this can affect risk sentiment and may add volatility to the crypto market.

New Token Launch: PTB

Finally, Portal to Bitcoin (PTB) announced plans to launch its token in August. This project, focused on bridging liquidity and utility to Bitcoin, will be closely watched by traders looking for new narratives in the second half of 2025.

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Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!

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