SwapSpace Weekly Recap: Token unlocks, conferences, and altcoin surge

This week, the crypto market experienced notable volatility driven by significant token unlocks and major industry events. Meanwhile, global conferences in North America, Europe, and Asia highlighted ongoing innovation and expanding institutional interest. Read SwapSpace’s weekly recap to learn more.

Last week’s highlights

• Bitcoin and Ethereum near all-time highs

Bitcoin traded just below its all-time high, recovering from a 10% dip earlier in June. Ethereum posted its first green monthly candle of 2025 in May and gained about 10% in early June, testing the $2,800 resistance level. The upcoming Shanghai upgrade is expected to unlock staked ETH, increasing liquidity.

• Consensus 2025 Conference (June 24–26, Austin, Texas)

Over 15,000 industry leaders, developers, and investors gathered at Consensus 2025, focusing on regulatory updates, new projects, and market opportunities. This was the final Austin edition before moving to Toronto and Hong Kong.

• $32 Million in token unlocks (June 23–29)

Tokens from projects like BLAST, ALT, VENOM, YGG, and C98 worth $32 million unlocked, adding short-term selling pressure and volatility, especially in mid-cap altcoins.

• Pump.fun’s $1 billion token sale

The Solana-based memecoin launchpad Pump.fun announced plans to raise $1 billion via a token sale at a $4 billion valuation, reflecting continued speculative interest in memecoins and niche crypto sectors

• Altcoin and DeFi rally

Altcoins such as Uniswap (UNI) and Aave (AAVE) surged around 20%, supported by positive regulatory signals. Solana’s price more than doubled since January, with its total value locked (TVL) also doubling in H1 2025.

Last week’s stats

Top gainers

• Pudgy Penguins (PENGU) – 76.13%
• Sei (SEI) – 52.36%
• Maple Finance (SYRUP) – 46.25%

Top losers

• PAX Gold (PAXG) – 4.56%
• Tether Gold (XAUT) – 4.21%
• Kaia (KAIA) – 4.00%

Key pairs

• BTC/USD: $107.395
• ETH/USD: $2.435
• BTC/ETH: 44.10

What to watch this week?

• Ethereum Community Conference (EthCC)

Europe’s largest Ethereum-focused event takes place June 30 – July 3, 2025, in Cannes, France. Expect major announcements and ecosystem updates from leading developers, investors, and project founders

• IVS Crypto 2025 Kyoto

Running July 2–4, 2025, in Kyoto, Japan, this event will bring together over 10,000 blockchain innovators and industry leaders, potentially setting the tone for Asian crypto markets in Q3

• Ongoing Altcoin and DeFi Market Momentum

With altcoins and DeFi tokens showing renewed strength, investors will be watching for further regulatory developments and technical breakouts, especially for Ethereum and Solana

The past week highlighted the fast-moving nature of the crypto market, where strong asset performance was met with increased volatility due to token unlocks and broader macroeconomic trends. To navigate this environment more effectively, you can use the SwapSpace Crypto profit calculator – a simple tool that helps estimate potential gains or losses by selecting a cryptocurrency and entering a few basic figures.