Crypto markets were choppy ahead of the Jackson Hole Symposium, with risk-off sentiment dominating as traders anticipated a hawkish Fed. However, Jerome Powell’s unexpectedly dovish remarks sparked a strong rebound across digital assets. Despite the market lift, token-specific dynamics continue to play out — with $ZRO struggling post-unlock, $JUP and $SVL facing upcoming events, and a volatile new TGE in $YZY shaking up Solana’s memecoin scene.

Weekly Unlocks Recap

Bitcoin slipped slightly over the past week, while Ethereum managed to post gains. Leading up to the Jackson Hole Economic Symposium, markets turned risk-off as participants took profits and braced for a potentially hawkish tone. However, Jerome Powell’s speech came in more dovish than expected, sparking a significant rebound across crypto assets.

Last week’s largest unlock came from $ZRO, which saw notable sell pressure leading into the event. Even as the broader market rebounded on improving sentiment, $ZRO has struggled to recover, highlighting how heavy insider unlocks can weigh on short-term price action. While the current supply overhang remains a challenge, sustained ecosystem growth or new catalysts could help the token stabilize over time.

Upcoming Events

Next week’s scheduled token unlocks are set to exceed $960 Million in total value. Of this, approximately 8.20% is classified as insider unlocks under Tokenomist’s framework — referring to allocations designated for founders, core teams, or early investors. Notable tokens facing sizable releases by dollar value include $SOL, $JUP, $SVL, $KMNO, and $REZ.

Unlocks Spotlight: $JUP

• Unlock Date: August 28, 2025
• Amount: $ 26.66M
• Unlock as % of Circulating Supply: 1.78%
• Vested Allocations: Team and Mercurial Stakeholders

$JUP leads this week’s unlocks in dollar terms, with allocations split between the team and community.

While price action remains weak — trading below its TGE price — the market cap still sits at nearly 2x its launch valuation. This illustrates how token unlocks can quietly impact early investors, as supply dilution erodes value even when headline market cap appear unchanged.

Unlocks Spotlight: $SVL

• Unlock Date: August 26 and 27, 2025
• Amount: $ 25M
• Unlock as % of Circulating Supply: 14.5%
• Vested Allocations: Seed round, Strategic round, Team & Advisors, Angel round, and Reward SVL

$SVL posted the week’s largest unlock relative to circulating supply, with most tokens released to private investors.

Despite the heavy unlock, price action has been unusual — surging more than 8x from its bottom. While part of the rally coincided with the project’s crypto payment card launch campaign in Japan, the sharp moves raise questions of potential price manipulation rather than purely organic demand.

New TGEs on the Radar

This week saw the launch of $YZY (Yeezy), a memecoin tied to Kanye West that debuted on Solana. The token skyrocketed over 1,400% within an hour of trading, but momentum quickly reversed — with prices plunging more than 70% in under 24 hours, leaving retail participants on the losing end. Early analysis points to concentrated insider trading, as a small cluster of wallets captured outsized profits from the initial frenzy.

From a structural perspective, $YZY’s tokenomics are relatively simple, split into three allocations: private investors, public investors, and reserves. The first significant unlock for private investors is scheduled for November 2025, a timeline that leaves short-term price dynamics highly dependent on speculative momentum rather than structured release schedules.

Notable Crypto News

Institutional

• Bullish's $1.15B in IPO Proceeds Was Entirely in Stablecoins—A First for Public Market (CoinDesk)

Regulation

• Wyoming Becomes First to Launch State-Issued Crypto Stablecoin (Watcher.Guru)
• China Considers Yuan-Backed Stablecoins to Challenge US Dollar Dominance (CoinCentral)
• SEC Chair Paul Atkins says ‘very few’ crypto tokens are securities, aims to future-proof crypto against regulatory mischief (The Block)

Tokenomics

• Bitcoin DeFi protocol Lombard launching BARD token community sale at $450 million valuation on Buidlpad (The Block)

General

• Wormhole counters LayerZero's $110 million bid to buy Stargate, asks to pause voting period (The Block)