Next week, many projects will usher in token unlocks, with ENA unlocking nearly $100 million A variety of tokens will be unlocked in large quantities next week. The highest unlocked amount is $ENA, which will unlock approximately 172 million coins on August 5, worth nearly $95.8 million, accounting for 2.7% of the circulating supply. Other key unlocks include: $MAVIA: On August 6, 11.89 million tokens were unlocked, accounting for 23% of the circulating supply, or about $1.9 million; $IMX: On August 8, 24.52 million tokens were unlocked, approximately $12.2 million; $SXT: On August 8, 24.64 million tokens were unlocked, about $2 million; $MOVE: On August 9, 50 million will be unlocked, approximately $6.5 million; SPEC, RENDER, IOTA, EigenCloud, and GGP will also be unlocked one after another during August 4~10, with a single value ranging from $120–1.8 million.

Subzero Labs raised $20 million to create Rialo, a new "reality-friendly" chain Subzero Labs announced the completion of a $20 million seed round led by @PanteraCapital, with participation from @variantfund, Coinbase Ventures, and Susquehanna Crypto Division. The project is building a new chain @RialoHQ, focusing on "real-world scenarios available", hoping to get out of the narrow path of encryption technology only serving financial speculation. Rialo supports native integration of external data, such as FICO credits, without the need for oracles, with the goal of making it easy for non-crypto developers to go on-chain.

Strategy's revenue skyrocketed by 7100% and applied to issue tokens to continue buying Bitcoin @Strategy (MSTR) released its Q2 2025 financial report, with operating income reaching $14.03 billion, a year-on-year increase of more than 7,100%, a record high, most of which came from Bitcoin-related unrealized earnings. As of July 30, the company held a total of 628,791 Bitcoins, with a total market capitalization of approximately $46.07 billion and an average holding cost of $73,277 per coin. Strategy has also applied for the issuance of $4.2 billion in STRC tokens, planning to continue adding to its Bitcoin positions and firmly implement its "Bitcoin First" strategy.

Grayscale is betting heavily on $IP, and the Story Trust Trust is officially launched @Grayscale officially launched Grayscale Story Trust, a trust product focused on investing in @StoryProtocol network's native token, $IP, and is open to private placements only to accredited investors. Story is a blockchain platform that supports programmable intellectual property, primarily serving AI, creator economy, and digital rights management. After the announcement, the price of $IP rose by more than 8% to $6.34, with a market capitalization of approximately $1.73 billion, ranking 53rd in the crypto market. The Story network currently handles more than 1.8 million IP transactions and has more than 200,000 monthly active users, targeting the global intangible asset market of more than $80 trillion.

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The SEC launched "Project Crypto" to promote the United States as a global crypto hub SEC Chairman @PaulAtkinsETH recently announced the launch of the "Project Crypto" initiative, which aims to modernize securities regulations and make the U.S. financial market better on-chain, and also responds to Trump's goal of making the United States a "global crypto center". The plan focuses on bringing crypto asset issuance back to the United States, establishing clear and understandable rules for issuance, custody, and trading, while updating existing regulations to accommodate the development of on-chain systems. Atkins also mentioned that in the future, market participants can provide one-stop services through "super apps", covering multiple products with just one license, and will explore exemption mechanisms to encourage more innovative business models.

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Linea has launched a fair L2 token model with a dual burning mechanism. The total supply of $LINEA is 7.2 billion tokens, of which 85% will be used for ecological development: 75% will be managed by the Linea Alliance and will be gradually unlocked over 10 years, while 10% will be allocated to the ConsenSys treasury, locked for 5 years. Additionally, 10% is allocated to early contributors, with 9% airdropped to LXP users and 1% used to incentivize ecological builders. The team and investors are not participating in the allocation, and it is expected that 22% of the tokens will be in circulation at TGE, approximately 1.58 billion tokens. Linea uses $ETH as the sole Gas token and introduces a dual destruction mechanism: 20% of ETH and 80% of $LINEA will be burned in each transaction, enhancing sustainability. The airdrop snapshot and witch filtering have been completed, and the eligibility criteria will be announced before TGE.

eToro launches Ethereum tokenization of US stocks, ushering in a new era of 24/7 trading @eToro announced that it will launch an Ethereum-based tokenized U.S. stock service, allowing users to trade U.S. stocks 24/7 through ERC-20 tokens, seamlessly switch to traditional positions on the platform, and access the DeFi ecosystem. At the same time, eToro has also expanded 24/5 trading of 100 US stocks and ETFs, and has partnered with @CMEGroup to launch spot quote futures to further enhance trading flexibility.

MCVT private placement of $450 million locks in SUI to create the first SUI treasury U.S. stock company MCVT announced a private placement of $450 million, 98% of which will be directly purchased into $SUI, becoming the first U.S. listed company to use $SUI as a treasury asset. Karatage and @SuiNetwork led the investment, with participation from @galaxyhq, @PanteraCapital and others. After the announcement, MCVT's stock price rose by more than 20%, $SUI approaching its all-time high, and the institutionalization of the Sui ecosystem is accelerating.