Major Crypto Events of This Week

As the crypto sector is going through a volatile 4th quarter, the week including October’s end and November’s start brings a streak of influential developments across the key blockchain ecosystems. Hence, this week takes into account token unlocks, governance proposals, protocol upgrades, and mainnet launches to excite the whole crypto community.

Keeping this in view, these seven days are full of exclusive events to pump price action, drive infrastructure evolution, and community sentiment. As a result, the entire crypto landscape is gearing up for the robust developments to take place between October 27 and November 2.

Source: CryptoRank.io

October 27: Vultisig Mainnet, Decentralized Proposals of Cardano, and Kadena AMA

In this respect, the 27th of October witnessed the mainnet launch of Vultisig, denoting a landmark for the privacy-centered wallet entity. In addition to this, Kadena has hosted an AMA on the same day, featuring Annelise Osborne, its Chief Business Officer, to offer insights into strong strategic growth as well as enterprise adoption.

Along with that, Cardano also engaged with the community on this day through different Q&A sessions as well as voting for domain proposals. These events reinforce the platform’s commitment to transparent development and decentralized governance.

October 28:  181M Grass Unlocks, Router Airdrop, and Gnosis Proposal

Subsequently, the 28th of October is also going to make a great impact on the industry with notable events in the lineup. Particularly, GnosisDAO is proposing GIP-140, which underscores a technical transformation replacing the platform’s subgraph GNO plan with the beacon and on-chain readers.

The move is focused on enhancing data decentralization and reliability. At the same time, Router Protocol is set to start a migration airdrop for the consumers on October 28. The development attempts to reward consumers migrating to the upgraded infrastructure of the platform.

Additionally, the significant token unlock of Grass is another key development of this day. Thus, it is releasing up to 181M tokens in total, denoting a staggering 72.4% of the cumulative supply of Grass. The move could reportedly have a positive impact, driving motion around price and liquidity dynamics.

October 29: Injective Burn, Astar Upgrade, Heliumi Call

Following that, on the 29th, Injective has scheduled its community burn event, which is designed to minimize $INJ supply apart from offering rewards for participation. Additionally, Heelium is conducting a community call centered around ecosystem updates, working group advancement, and governance.

In a similar effort, Astart Network is also releasing Runtime 1900, unveiling DOT migration, improved governance, new collators, and emission decay apparatuses. These developments aim to position the platform for stronger scalability and cross-chain interoperability.

October 3:0 Forth Alchemy Pay AMA, Stellar’s Q3 Review, and Cronos EVM v1.5 Release

Next, on October 30, the EVM v1.5 upgrade will be launched by Cronos Chain. It is a major upgrade comprising smart accounts, performance improvements across the EVM stack, and IBC interoperability.

Additionally, Stellar is going to host the Q3 Review Webinar, highlighting metrics and milestones that have contributed to its progress in the recent times. Simultaneously, Alchemy Pay will start a community AMA conversation, discussing the new updates and the further roadmap.

Overall, while the community is readying for the spectral Halloween marked by candlelight and haunted environment, the aforementioned events are set to double the excitement throughout the week.

October 31:  Polygon Upgrade, Lido V3, and Monero Expansion

Moving on, on the 31st of this month, the lineup includes the acceptance of payments in $XMR, the native token of Monero. This will broaden the utility of the privacy coin in real-world transfers.

Additionally, Lido Finance has scheduled its V3 mainnet launch on the same day to leave liquid staking and become an institutional-level modular staking platform. Concurrently, Polygon will upgrade its POS chain, incorporating the EIP-1559 model of Ethereum to enhance scalability and the predictability of gas fees.

November 1st:  Kicks Off with Sui Network and EigenLayer’s 43.96M and 36.82M Token Unlocks

After that, on the 1st of November, the two key token unlocks will take place, including Sui Network and EigenLayer. Thus, Sui Network will release 43.96M tokens, denoting 1.21% of the platform’s cumulative token supply.

Additionally, EigenLayer will unlock 36.82M tokens, underscoring 12.10% of the total supply. As a result of these events, the consumers can expect potential influence on investor behavior and staking dynamics.

November 2nd:  MetisDAO’s Governance Proposal and Ethena Labs’ 40.63M Token Unlock

Moreover, on the November 2, Athena Labs will unlock 40.63M tokens, accounting for 0.60% of the overall token supply. Additionally, MetisDAO is going to reveal the CEG proposal thereof, aligning with its long-term systems upgrades. The respective governance developments highlight a wider trend to bolster sustainability and drive strategic evolution across the L2 ecosystems.