This week, five major crypto news events are driving excitement, ranging from Aster and Monad ecosystems to Portal to Bitcoin, Sky (formerly Maker DAO), and Lighter.
Developments from these ecosystems this week could spark volatility and strong community sentiment, making their respective tokens in a position of interest.
Aster and Monad Fuel Community with Anticipated Airdrops
Aster and Monad are entering the spotlight with major airdrop actions. For Aster, the second-season airdrop claim starts on October 14, right after their eligibility checker went live.
During this stage, 4% of all ASTER tokens, previously earmarked for airdrops, are moving to the project’s DEX Treasury contract. They will also be prepped for distribution to more than 153,000 wallets.
As a result, ASTER’s price surged nearly 13% to $1.47, reflecting heightened market interest.
ASTER Price Performance. Source: BeInCrypto
Meanwhile, Monad’s much-anticipated Airdrop Claims Portal is expected to launch on October 14. As of October 8, the portal was 98% complete.
Yet, many community members remain uncertain about when the full airdrop will occur. Traders on prediction market Polymarket mostly bet the distribution will arrive in November or later, despite regular updates from Monad’s co-founder.
Monad Airdrops Odds. Source: Polymarket
With 100 billion native gas tokens due for release and a history of delayed launches, optimism is cautiously paired with patience.
Portal to Bitcoin and Sky Plan Community-First Updates
Portal to Bitcoin will launch its mainnet on October 13, aiming to spark new cross-chain collaborations between Bitcoin and other blockchains.
The launch is designed with a community-first focus, in line with the sector’s ongoing trend toward decentralized and inclusive infrastructure. Portal to Bitcoin’s social media channels have built up anticipation with visual teasers and direct countdown posts.
Sky is also gearing up for a major community call on October 16 at 6:00 PM UTC on Discord, which will feature Keel Finance, a Solana liquidity project.
This session promises to highlight Keel’s integration with Sky and share how the Sky ecosystem is gaining momentum.
In response to these developments, the SKY token climbed by over 6% in the last 24 hours and was trading for $0.06301 as of this writing.
SKY Price Performance. Source: CoinGecko
Lighter Unveils Compensation Plan After Platform Outage
Lighter is responding to an outage that affected traders and Liquidity Provider (LLP) users between October 10 and 11. This was the first serious outage since the mainnet private beta in January and public launch on October 1.
The platform will share a comprehensive compensation plan for impacted participants on October 13.
“We will post analysis about the details tomorrow [October 13], including how LLP holders will be compensated. Historical LLP is Sharpe 5.59 and projected APR 48.4%,” Lighter said in a Sunday post.
This initiative reflects Lighter’s ongoing promise of resilience and transparency, building on steps taken since its exit from private beta.
All together, these updates highlight the sector’s increased focus on transparency, enhanced problem-solving, and direct engagement.
As these milestones approach, traders and investors should position their portfolios strategically to capitalize on these crypto news items.
Each project’s announcement could affect users and traders, setting new standards for participation and innovation across the crypto market this week.
