The week of July 1, 2025, brings a wave of pivotal developments across the cryptocurrency and blockchain landscape—from major token mergers and exchange upgrades to potential regulatory milestones. With the U.S. SEC possibly greenlighting the first spot Ethereum ETF as early as July 4, and the highly anticipated ASI token merger kicking off, this week could mark a turning point for market sentiment and long-term adoption.
🔁 ASI Token Merger Begins: A New Era for AI and Blockchain Convergence
On July 1, the Artificial Superintelligence (ASI) token merger officially commences, uniting three major AI-focused blockchain projects: Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN). This strategic consolidation aims to create a unified platform for decentralized artificial intelligence, enhancing scalability, interoperability, and developer utility.
Binance has confirmed full support for the transition:
- Trading of FET, OCEAN, and AGIX will halt at 11:00 AM (UTC+8) on July 1.
- ASI trading pairs—including ASI/BNB, ASI/BTC, and ASI/USDT—will go live on July 5 at 4:00 PM (UTC+8).
👉 Discover how AI-driven blockchain networks are reshaping decentralized ecosystems.
The migration process will occur in two phases:
AGIX and OCEAN holders will first convert their tokens into FET via the SingularityDAO dApp.
- 1 AGIX = 0.433350 FET
- 1 OCEAN = 0.433226 FET
- All FET tokens—including existing holdings and converted amounts—will then be swapped 1:1 for ASI.
This phased approach ensures minimal disruption while allowing time for users to prepare. Notably, FET deposits and withdrawals remain active during the transition.
Why It Matters
The ASI merger represents one of the most ambitious integrations in the AI-blockchain space. By combining Fetch.ai’s machine learning agents, SingularityNET’s AI marketplace, and Ocean Protocol’s data-sharing infrastructure, the new ecosystem aims to become a foundational layer for autonomous economic agents.
Core Keywords: Ethereum ETF, ASI token merge, AI blockchain, token unlock, DeFi upgrade, crypto forecast
📅 Key Events by Date
July 1: Token Unlocks & Protocol Launches
A flurry of activity kicks off the week:
Major Token Unlocks
| Project | Tokens Unlocked | Value | Circulating Supply Impact |
|---|---|---|---|
| SUI | ~64.19 million | $50.7M | +2.65% |
| IO | ~7.5 million | $24M | +7.89% |
| DYDX | ~8.33 million | $11.3M | +3.12% |
| MAV | ~36.4 million | $9.6M | +14.56% |
High unlock percentages—especially for Maverick Protocol (MAV)—may exert short-term selling pressure. Traders should monitor volume and order book depth closely.
Protocol Updates
- ether.fi Season 3 Launch: The DeFi protocol begins its third season with a 25 million ETHFI airdrop for loyal stakers. A new "Perks Passport" system will track user engagement across DeFi activities to determine rewards.
- MerlinSwap Airdrop Vote Ends: The community vote on MerlinSwap’s second-phase airdrop concludes. If passed, 2% of total supply (420 million MP tokens) will be distributed with emphasis on esMP supporters.
- dYdX Monthly Unlock Reduction: dYdX slashes its monthly token release from 33 million to 8.3 million DYDX, a 75% reduction aimed at reducing inflationary pressure.
July 2: Particle TGE on Blast Network
Particle, a leveraged trading protocol built on the Blast ecosystem, launches its token generation event (TGE) on July 2 at 6:00 PM (UTC+8).
- Max Supply: 200 million PTC
Allocation:
- 55% to community
- 21% to contributors
- 24% to investors
- Initial Airdrop: 20 million tokens (18.2% of community allocation), vested over 24 months
- Lock-up: Contributor and investor tokens locked for 6 months
This launch could boost liquidity and activity within the Blast ecosystem, especially among yield-focused traders.
July 3: Scroll Upgrades & Ronin Hard Fork
Scroll’s Curie Upgrade
Ethereum Layer 2 network Scroll rolls out its Curie upgrade, introducing:
- Data Availability (DA) compression to reduce L1 data costs
- Support for EIP-1559 and EIP-2930 transaction types
- Improved fee market mechanics
Scroll estimates this upgrade will cut gas fees by up to 50%, making it more competitive with other zk-rollups.
Ronin’s Goda Upgrade
Gaming-focused Ronin network executes the Goda hard fork at block 36,052,600 (~3:00 PM Beijing time). Key features:
- Trippp Fork: Enables daily block rewards for all validators
- Aaron Fork: Introduces upgradable smart contracts for Axie Infinity and Land
These upgrades aim to improve decentralization and flexibility for game developers.
July 4: Ethereum ETF Decision Window
Rumors suggest the U.S. Securities and Exchange Commission (SEC) may approve the first spot Ethereum ETF as early as July 4. While no official confirmation has been issued, multiple asset managers have updated their S-1 filings—a strong indicator of imminent approval.
Such an approval would mirror the Bitcoin ETF breakthrough in early 2024 and could unlock billions in institutional capital.
👉 Stay ahead of major crypto regulatory shifts with real-time market insights.
July 5: Airdrops & Research Grants
TAIKO Token Claim Deadline
Users eligible for the Taiko airdrop must claim their share by July 5. The first phase distributes 5% of total supply (50 million TAIKO) to:
- Network proposers and provers
- Bridge users
- Developers and GitHub contributors
- Loopring community members
Claimants need minimal ETH on Taiko for gas.
Sui Academic Research Grant Deadline
Sui Foundation extends its commitment to innovation with a $1 million funding boost in 2024. The next round of academic grant proposals closes on July 5, supporting research in zk-proofs, consensus algorithms, and decentralized identity.
🗓️ Upcoming Token Unlocks (July 5–7)
July 5:
- GAL: ~3M tokens (~$6.6M)
- LQTY: ~657K tokens (~$560K)
July 7:
- ENA: ~14.89M tokens (~$7.6M)
- HFT: ~13.62M tokens (~$2.8M)
While none of these unlocks exceed critical thresholds (>15%), sustained releases across multiple projects may collectively influence market sentiment.
❓ Frequently Asked Questions
Q: What happens to my AGIX or OCEAN tokens after the ASI merge?
A: AGIX and OCEAN will first convert into FET via the SingularityDAO dApp using fixed ratios. Later, all FET—including your converted amount—will be swapped 1:1 for ASI.
Q: Will the Ethereum spot ETF approval impact ETH price?
A: Historically, similar catalysts like Bitcoin ETF approvals led to significant price momentum. While short-term volatility is expected, long-term fundamentals could strengthen due to increased institutional access.
Q: How do I claim my TAIKO airdrop?
A: Visit the official Taiko claim portal before July 5, connect your wallet, and ensure you have enough ETH on the Taiko network to cover gas fees.
Q: Is there selling pressure from token unlocks this week?
A: Yes—especially from MAV (14.56% unlock) and IO (7.89%). Monitor trading volume and price action around unlock times for signs of accumulation or distribution.
Q: What is DA compression in Scroll’s upgrade?
A: Data Availability compression reduces the amount of data posted to Ethereum mainnet, lowering transaction costs while maintaining security through zero-knowledge proofs.
🚀 Final Thoughts
This week blends technical upgrades, macro-level speculation, and ecosystem evolution. The potential approval of an Ethereum spot ETF could act as a market-wide catalyst, while structural changes like the ASI merger signal deeper maturation in niche sectors like AI-blockchain integration.
👉 Track real-time token unlocks and protocol launches in one intuitive dashboard.
As always, investors should balance excitement with due diligence—especially around large token unlocks and governance decisions. With multiple narratives converging, July 2025 may prove pivotal for crypto’s next growth phase.