5 Key Crypto Events To Watch in January 2025

January 2025 is set to be a pivotal month for the cryptocurrency industry, with several significant events on the horizon. As crypto prices continue to face pressure amid a prevailing risk-off sentiment, these events could have a substantial impact on market movements. Here’s a look at the top crypto events to keep an eye on this month.

Top Crypto Events to Watch in January

1. Donald Trump’s Inauguration (January 20)

   • The inauguration of Donald Trump is anticipated to usher in a new era for the crypto industry. Trump has openly endorsed Bitcoin and other cryptocurrencies, appointed Paul Atkins to lead the SEC, and is establishing a crypto council. His inauguration coincides with the resignation of Gary Gensler, which could create a positive sentiment in the market.

2. Solana ETF Approval Deadlines (January 25)

   • The SEC is expected to announce its decisions regarding Solana ETF applications from firms like VanEck, 21Shares, Canay, and Bitwise. This decision could significantly influence Solana's market performance and investor sentiment.

3. Federal Reserve Meeting (January 29)

   • Following a hawkish statement from the Fed in December that contributed to a drop in crypto prices, the upcoming meeting will be crucial. The Fed will provide guidance on interest rates, which could affect market dynamics. Additionally, the nonfarm payrolls data on January 10 and the consumer price index numbers on January 15 will be closely monitored as they will inform the Fed's decisions.

4. Major Token Unlocks

   • January will see several significant token unlocks, where new tokens are released into the market. This can increase the circulating supply, often leading to downward pressure on prices. Notable unlocks include:
     • Sui: $264 million
     • Ethena: $12 million
     • Aptos: $103 million
     • Arbitrum: $70 million
     • Ondo Finance: $2.6 billion
   • While token unlocks are typically viewed negatively, some cryptocurrencies may experience price increases before or after these events.

5. Focus on AI Agent Tokens

• The rise of AI agents in the crypto space has garnered significant attention. For instance, the price of VIRTUAL surged in 2024, marking it as one of the top performers. Similarly, ai16z has gained traction, becoming a leading meme coin. Developers are currently working on revamping its tokenomics and launching a layer 1 network akin to Pump.fun, which could influence its price and that of other cryptocurrencies.