Several key headlines are on the crypto lineup this week, with certain ecosystem-specific developments expected to happen. This week’s top crypto news could drive volatility for some tokens.
The following headlines, from Trump’s Liberation Day to major token unlocks, will interest crypto market participants this week.
President Trump is expected to implement new tariffs on April 2, dubbed “Liberation Day,” to address the US’s $1.2 trillion trade deficit. These tariffs could significantly affect crypto markets, as seen in past instances where aggressive tariffs led to market jitters.
Experts warn of imminent volatility on Liberation Day. If the tariffs are steep, risk sentiment may drop, affecting equities, bonds, and risk-on assets like crypto. Already, Japan’s stock market is dropping as investors front-run expected announcements.
“Japan’s stock market falls nearly -4% as investors prepare for President Trump’s Liberation Day,” The Kobeissi Letter noted.
President Trump called Wednesday “Liberation Day,” and over 20% tariffs will be applied to more than 25 countries. The general expectation is that US tariffs will affect at least $1.5 trillion worth of imports by the end of April.
Bitcoin, Ethereum, and altcoins could face short-term outflows as investors hedge against slower global growth and inflation risks.
However, a more measured or delayed tariff approach might stabilize or even boost prices. The same was seen two months ago when Bitcoin rebounded to $100,000 after Canada and the US agreed to postpone tariffs.
Sonic’s upcoming integration of native USDC and a major network upgrade are pivotal for crypto participants, particularly those engaged in DeFi on the Sonic ecosystem.
Since its launch, Sonic has utilized USDC.e, a bridged version of USDC from Ethereum via the Sonic Gateway. It leveraged Circle’s Bridged USDC Standard, as detailed in a January 2025 Sonic Labs blog.
“Sonic reaches $250 million in USDC.e via Circle’s Bridged USDC Standard,” the network shared recently.
The shift to native USDC will streamline stablecoin operations. It will also ensure that developers have a single contract address that persists through upgrades, enhancing user and developer experiences.
This upgrade, expected soon, could boost Sonic’s adoption by simplifying transactions and reducing bridging complexities. For investors, this signals Sonic’s commitment to scalability and interoperability.
It could increase the network’s utility and attractiveness for DeFi projects. Participants should watch for the upgrade’s rollout and impact on Sonic’s transaction volume and ecosystem growth.
Mantle (MNT) Network’s Q2 roadmap unveiling on April 2, 2025, is a key event for crypto market participants this week. In particular, it will interest those invested in Ethereum Layer-2 (L2) solutions.
“Hear exciting updates on Mantle’s innovation pillars in our quarterly livestream on X… April 2, 2 PM UTC. Pre-launch alpha on Mantle Banking, MantleX, & Mantle’s Enhanced Index Fund… Key insights and roadmap updates from Mantle Network,” read the announcement.
Mantle Network will provide detailed updates on its upcoming index fund and Mantle Banking initiatives. As per its website, it aims to be the “Liquidity Chain” with modular architecture and zero-knowledge proofs.
These developments could enhance capital efficiency and institutional-grade settlement. The move would position Mantle as a leader in next-gen banking solutions on Ethereum’s largest L2 with ZK validity proofs.
This roadmap may signal new growth opportunities for MNT investors, particularly with Mantle’s token-holder-governed ecosystem and partnerships like Mirana Ventures supporting its EcoFund. Specifically, its MNT token could see increased interest if the roadmap outlines compelling use cases.
BeInCrypto data shows MNT was trading for $0.78 as of this writing, down by almost 4% in the last 24 hours.
Ionet’s upcoming announcement of new enterprise deals is a significant development this week in crypto. With network earnings up 150% over the past three months, as noted in the X post, Ionet is gaining traction in providing IT suite design, audio-video recording, and network hardware systems, per its Crunchbase profile.
These deals could further validate Ionet’s role in bridging traditional enterprise needs with decentralized tech, potentially driving the adoption of its IO token. This growth signals a strengthening ecosystem for investors, which may lead to increased token demand and price appreciation.
However, participants should assess the scale and nature of these deals and Ionet’s ability to sustain its earnings growth. Monitoring IO’s market performance and network activity post-announcement will be key to understanding the broader impact on its valuation and market position.
The upcoming release of Jupiter Mobile v2 is a noteworthy event, especially for those active in the Solana DeFi ecosystem. As a leading decentralized exchange on Solana, Jupiter aims to enhance user accessibility with this mobile app upgrade, allowing seamless trading and DeFi interactions.
“Jupiter mobile v2 is coming! In a few short months, Jupiter mobile has become a beloved cult favorite, known for the speed, UX & creative features – and we are really happy to share that a major v2 update will be coming out soon,” Jupiter co-founder, the pseudonymous Meow, noted.
This could attract a broader user base, potentially increasing transaction volume and boosting Jupiter’s market share in the competitive DeFi space. If the app improves user retention and engagement, this release may drive token demand for JUP holders.
However, the app’s performance, user feedback, and adoption rates post-launch will be crucial, as any technical issues could dampen sentiment. Additionally, with JUP already on investors’ radar, its price may experience volatility around the release.
Another top crypto news this week is Wormhole’s $117 million token unlock, due on April 3, 2025. This critical event for Wormhole community members involves 47.37% of W token’s circulating supply.
This significant unlock could increase selling pressure, potentially causing price volatility for W tokens. Noteworthy, W is a key token in Wormhole’s cross-chain bridging ecosystem.
Large token unlocks often result in market uncertainty, as early investors or team members may sell their holdings, influencing short-term price stability.
For traders, however, this presents both risks and opportunities. A price dip could offer a buying opportunity if Wormhole’s fundamentals remain strong. However, it also heightens downside risk.
Investors should monitor W’s price action leading up to and following the unlock event and overall market sentiment. It is also imperative to assess Wormhole’s ecosystem growth and adoption of its bridging solutions to understand the W token’s long-term value proposition amidst the imminent supply shock.
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