This Week in Crypto: Token Launches & Major Updates
Here’s what’s happening in the crypto world this week — from major token launches to big announcements and ecosystem upgrades that could shake up the market.
**Altcoin Launches and Key Updates**
Keep an eye on Lighter (LIGHTER), which is set to release its token this month. Since it’s now on Coinbase’s listing roadmap, interest from investors is growing fast. Another project gaining traction is Folks (FOLKS). The team has been teasing the upcoming launch of xChain V2, which will bring a new cross-chain DeFi lending system using vault-based technology.
**Jupiter and Base Ecosystem Developments**
The Jupiter (JUP) ecosystem is preparing to roll out a new stablecoin in partnership with Ethereum. This stablecoin is scheduled to go live next week, adding more utility and stability to the platform. Meanwhile, the Base network is expected to drop a major announcement on December 18th. Rumors suggest it could be about a new BASE token, sparking speculation across the crypto community.
**AI Meets DeFi with INFINIT**
INFINIT (IN), a project that blends artificial intelligence with decentralized finance, plans to launch a new product called “Prompt-to-DeFi” on December 18th. This tool will let users create custom AI-powered DeFi strategies — a big step toward making DeFi easier and smarter.
**Coinbase Expands Services**
Coinbase (COIN) is set to launch new features on December 17th, including prediction markets and tokenized shares. These updates aim to attract more users by offering more financial tools directly within its ecosystem.
**Token Unlocks and Protocol Upgrades**
Arbitrum (ARB) will unlock about $19 million worth of tokens on December 16th. This could lead to short-term price swings, so traders are watching closely. On December 15th, the mETH Protocol — part of the Mantle ecosystem — will receive a major upgrade. This protocol focuses on liquid staking and restaking, making it a key player in Ethereum staking solutions.
**Blockchain Infrastructure News**
MegaETH is preparing to open its mainnet to developers next week. This will allow developers to start building decentralized apps (dApps) on the platform, expanding its ecosystem and utility.
**Global Economic Trends Impacting Crypto**
On the macroeconomic front, the Bank of Japan (BOJ) might raise interest rates for the first time in nearly a year. If that happens, it could affect global investor sentiment and potentially influence crypto prices.
Also, former U.S. President Donald Trump is reportedly planning discussions with potential candidates for the next Federal Reserve chair. Any shifts in Fed leadership can impact monetary policy and, by extension, crypto markets.
**Synthetix Launching Perpetual Futures DEX**
Finally, Synthetix (SNX) is set to launch its perpetual futures decentralized exchange (perps DEX) on Ethereum on December 17th. This move aims to provide more trading options for users who want exposure to derivatives without relying on centralized platforms.
Stay tuned—this week is packed with events that could shape the future of crypto markets.