This week in the cryptocurrency world, important events concerning DeFi and the discussions about Bitcoin in Brazil are anticipated.
DeFi Updates
In the DeFi space, the Aave project will secure 7% of the total supply of WLFI tokens, estimated at over $1 billion at early market estimates. Solana's ecosystem is preparing for two significant events: the public launch of the Jupiter Lend platform and a rollout of a new token platform from JOE (formerly Trader Joe). Additionally, ORCA and 1inch are teasing a significant announcement slated for August 19.
Market Event Analysis
Meanwhile, Resolv is targeting August 21 for its long-awaited fee switch update, while Arbitrum kicks off its buildathon event on August 22. Infinit is also expected to release the public beta of its V2 upgrade in the coming days.
Brazil and BTC
As some events unfold in the DeFi sector, Brazil’s Parliament will debate the idea of a national BTC reserve on August 20. This session could have symbolic importance for crypto adoption in Latin America.
Next week holds significant changes and events in the cryptocurrency world that could impact the market and its participants.
