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SwapSpace Weekly Recap: Market correction, token unlocks, and Ethereum turns 10
The last week in crypto was marked by a notable market correction and significant token unlocks, shaking price actions across key projects while Ethereum celebrated its 10th anniversary. Despite a dip driven by macroeconomic concerns and insider selling pressure, innovation and institutional interest stay strong. Read Swapspace's weekly recap to learn more.
Last week's highlights
- Market correction shakes crypto prices
From July 28 to August 3, 2025, the total crypto market cap fell about 6%, slipping from $4.0 trillion to around $3.75 trillion. Bitcoin remained dominant with a $2.24 trillion cap, steady above $112,000, while Ethereum cooled off after ETF inflows early in the week. Macroeconomic headwinds like weak US employment data and trade tensions pushed investor sentiment lower across many assets.
- $175M+ insider token unlocks increase volatility
Significant unlock events released over $175 million in insider tokens, with the SUI project leading at about $108 million unlocked on August 1. Tokens like Kamino, Renzo, DYDX, OP, and JUP were among those impacted by the flood of newly circulating supply, contributing to temporary price weakness and heightened market volatility.
- Ethereum celebrates 10 years of innovation
On July 30, Ethereum marked a decade since its genesis block with a livestream event and a limited edition NFT giveaway. The milestone highlighted Ethereum’s role in pioneering smart contracts, DeFi, and NFTs, underscoring its foundational place in crypto’s evolution.
- MEXC lists 40+ new tokens across sectors
The exchange welcomed over 40 fresh tokens, spanning blockchain infrastructure, GameFi, AI, and decentralized finance. Noteworthy additions included NERO (blockchain infrastructure), DELABS (mobile gaming), and GAIA (AI infrastructure), signaling ongoing investment interest in diverse Web3 projects despite market headwinds.
Last week’s stats
Top gainers
Top losers
Key pairs
What to watch this week?
- Impact of upcoming economic data on crypto
Market participants will closely monitor Federal Reserve interest rate decisions and US employment figures following last week’s FOMC meeting and Q2 GDP release. These macroeconomic indicators are expected to heavily influence crypto price trends and investor sentiment in the short term.
- Progress in Web3 fundraising and innovation
Investments in AI-powered blockchain projects and Web3 infrastructure continue, offering potential catalysts for token price movements. Market watchers should keep an eye on new fundraises and project developments that could spur growth in emerging sectors.
- Continued token unlock events
August’s ongoing token unlocks, especially for infrastructure and DeFi projects, may drive further price volatility. Traders and holders should watch supply changes for Layer-1 blockchains and Ethereum-related tokens that could react to new circulating supply.
The recent dip in crypto prices amid macroeconomic and unlock pressures contrasts with the underlying bullish longer-term trends seen in institutional interest and innovation momentum. Check our Price Prediction page for updated forecasts reflecting recent volatility. Stay savvy with SwapSpace’s seamless exchange tools and keep a close eye on the market’s next moves.
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