Upcoming Developments in the Cryptocurrency Market

The cryptocurrency market is gearing up for an eventful week with several major developments to come. Prominent crypto analyst The DeFi Investor has revealed the key altcoins that the community should keep an eye on in the coming days.

• Solana (SOL) will witness a significant token unlock on March 1 with the release of $1.9 billion worth of SOL from FTX’s holdings. Investors will be closely watching how this impacts the token price and market dynamics.
• Aave (AAVE), the decentralized lending protocol, is expected to go live on Sonic layer-1 next week.
• The next Nvidia earnings report is scheduled for February 26. Given Nvidia’s strong influence in the artificial intelligence (AI) sector, a positive report could further fuel interest in AI-related crypto assets.
• The launch of KernelDAO’s native token, KERNEL, is imminent. It will also serve as the native token for Kelp DAO, a widely used liquid repurchase protocol.
• On February 25, Stacks (STX) will increase the deposit limit for its yielding BTC-backed token, sBTC.
• Starting next week, Kaito’s network fees will begin to be distributed to KAITO stakers.
• The ETHDenver conference kicks off on February 27, bringing together developers, investors, and industry leaders. The event is expected to feature major announcements from Ethereum ecosystem projects, making it very important for ETH holders.
• However, famous rapper Kanye West will launch a memecoin, and if it mirrors other famous memecoins, it could cause a significant amount of liquidity to be withdrawn from the market.

> This is not investment advice.