This week, the crypto market is poised for significant developments, including the October 16 deadline for the U.S. SEC's decision on a Solana spot ETF. Analysts estimate a 90% chance of approval, which could influence market dynamics. Additionally, Pendle's new XPL incentive program highlights a yield gap, with sUSDe offering a 4-5% APY compared to Ethena's projected 10% APY.
The release of the Federal Open Market Committee (FOMC) meeting minutes is also anticipated, as it may impact Bitcoin sentiment. Furthermore, Aster's airdrop unlock on October 14 will see 4% of its total supply become tradable, potentially exerting selling pressure on the market.
Key Crypto Events: Solana ETF Deadline and Aster Airdrop
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