Weekly Preview | Linea will have its TGE on September 10; CHEEL, APT, and S will unlock tokens worth over 40 million USD.

News Preview:

• The US SEC plans to make a decision on Bitwise's Bitcoin and Ethereum ETF physical redemption application on September 8.
• The US CPI data for August and the number of initial jobless claims for the week ending September 6 will be released on September 11 at 8:30 PM.
• Binance will stop the commission fee rate adjustment mechanism based on BNB holdings on September 9.
• SOL Strategies has been approved to list on Nasdaq on September 9, with the stock code STKE;
• Linea opens the airdrop claim window, all airdrop tokens are fully unlocked;
• Aptos (APT) will unlock approximately 11.31 million tokens at 6 PM Beijing time on September 11, which is 2.20% of the current circulating supply, valued at about 48 million USD;
• Cheelee (CHEEL) will unlock approximately 20.81 million tokens at 8:00 AM Beijing time on September 13, which represents 3.13% of the current circulation, valued at approximately 56 million USD.

September 8

Policy Regulation:

The SEC plans to make a decision on Bitwise's Bitcoin and Ethereum ETF physical redemption application on September 8

The U.S. Securities and Exchange Commission (SEC) announced in July that it would delay its decision on the Bitwise Bitcoin and Ethereum ETF physical redemption application, with a new date set for September 8, 2025. The SEC stated that it needs more time to assess the relevant rule changes, extending the original 45-day review period by up to 90 days. The physical redemption mechanism allows investors to directly redeem ETF shares in the form of the underlying assets, which may have different tax implications compared to cash redemptions. This delay involves two ETF listing applications submitted to the NYSE Arca platform.

Exchange:

OKX will delist WBTC, JST, BTT, ERN, GLMR, and MOVR spot trading on September 8

OKX announced that it will officially delist the spot trading pairs related to WBTC, JST, BTT, ERN, GLMR, and MOVR from 4:00 PM to 6:00 PM (Beijing Time) on September 8, 2025, including WBTC/USDT, JST/USDT, etc. Users need to cancel relevant orders before 4:00 PM on September 8; any orders not canceled in time will be automatically executed by the system, and the cancellation may take 1 to 3 business days. In addition, OKX has suspended deposit operations for the above-mentioned tokens and will stop withdrawal functions at 4:00 PM on December 1, 2025.

Binance Alpha will launch Black Mirror (MIRROR) on September 8

Binance Alpha will be the first to launch Black Mirror (MIRROR) on September 8. Eligible users can claim airdrops using Binance Alpha points on the Alpha event page after trading opens.

Binance HODLer airdrop launched OpenLedger (OPEN), trading opens on September 8

Binance HODLer airdrop project OpenLedger (OPEN) is now live. OpenLedger is an artificial intelligence blockchain dedicated to providing liquidity for the monetization of data, models, and agents.

Users who subscribe to the principal-protected coin earning products (fixed-term, flexible, or on-chain coin earning) using BNB from August 18, 2025, 08:00 to August 22, 2025, 07:59 (Beijing time) will be eligible for OPEN airdrop allocation. The tokens will be distributed to users' spot wallets at least 1 hour before trading begins.

Binance will list OPEN on September 8, 2025, at 21:00 (Beijing time) and open trading pairs for USDT, USDC, BNB, FDUSD, and TRY, while applying seed tag trading rules. The OPEN deposit channel will open on September 5 at 17:30 (Beijing time). This HODLer airdrop involves 10 million OPEN tokens, accounting for 1.00% of the maximum supply of tokens. The circulating supply at the time of listing will be 215.5 million OPEN, accounting for 21.55% of the maximum supply.

Binance Alpha will support the BEP20 contract swap for OLAXBT (AIO) on September 8th

Binance Alpha will support the BEP20 contract swap for OLAXBT (AIO). Starting from September 8, 2025, at 13:00 Beijing time, Binance will temporarily suspend trading of AIO to facilitate the contract swap. Trading of OLAXBT (AIO) via BEP20 is expected to resume before 16:00 Beijing time on the same day.

Project Updates:

The Ethereum Fusaka mainnet is scheduled to go live on November 5, with a bug bounty program starting on September 8.

According to the Ethereum development team, the Fusaka mainnet is expected to launch on November 5, 2025. This plan was formulated after rigorous testing of the development network, phased deployment of Blob capacity, and risk coordination. Key timeline events include: September 1 - release of the Holesky and Sepolia client versions, September 8 - launch of the bug bounty program, September 15 - Holesky fork, September 22 - Sepolia fork, October 1 - release of the mainnet client and execution of the Hoodi fork, October 8 - activation of the Hoodi fork. Developers indicated that any slight delays may result in months of postponement due to year-end holidays. The launch of the Fusaka mainnet will be an important milestone for Ethereum's scalability.

Play AI will launch a community sale on Capital Launchpad on September 8

Kaito Al announced that Play AI will launch its community sale on September 8 at Capital Launchpad, with an initial funding valuation of $50 million, aiming to raise $2 million. The tokens will unlock 50% at TGE, with an additional 50% unlocking over 5 months, and the expected TGE date is October 2025. Play AI is an AI workflow software that allows users to create and deploy workflows in the tool with just one prompt. Play AI coordinates applications, agents, MCP, and more to help users complete tasks.

( September 9

Exchange:

Binance will stop the commission rate adjustment mechanism based on BNB holdings on September 9

Binance announced that it will update its referral reward program. Starting from September 9, 2025, at 08:00, Binance will stop the commission rate adjustment mechanism based on BNB holdings.

Project Updates:

Avantis Open AVNT Airdrop Inquiry, Claiming will Open on September 9 at 22:00

Base ecosystem derivative trading protocol Avantis has announced the opening of AVNT airdrop queries, with over 65,000 wallets eligible for Airdrop 1. Airdrop claims will begin on September 9 at 22:00, and users can choose to "claim only" or "claim and stake all," with the latter receiving a 35% airdrop bonus on the base amount after staking opens (the minimum cooling period is 18 hours).

The Avantis airdrop allocation is as follows: 8.76% of AVNT is allocated to the Avantis trading airdrop, which is entirely based on trading experience points )XP###; 2.19% of AVNT is allocated to Avantis liquidity providers; 0.2% of AVNT is distributed to the Wallchain community, specifically to the top 500 Quackers by mental share, with a snapshot taken on September 4, 2025, at 9:00; 1.35% of AVNT is allocated to ecological users, including the top 500 Pythenia users, the top 500 BankrBot members, the top 1000 Definitive users, and thousands of Base token trading users.

SOL Strategies has been approved to be listed on NASDAQ on September 9, with the stock code STKE

A Toronto-listed digital asset company focused on the Solana blockchain, SOL Strategies(HODL), has been approved to list its common stock on the Nasdaq Global Select Market. Trading of the stock will begin on September 9, with the ticker symbol STKE. As of the end of August, the company holds 435,064 SOL tokens. Previously listed on the Canadian Securities Exchange(CSE), the stock will continue to trade under the HODL code but will be delisted from the U.S. over-the-counter market(OTC), where it was previously traded under the CYFRF code. OTC stockholders do not need to take any action, as their shares will automatically convert to Nasdaq-listed shares.

Token Unlock:

Sonic (S) will unlock approximately 150 million tokens at 8:00 AM Beijing time on September 9, representing 5.02% of the current circulating supply, valued at approximately 45.4 million USD.

Movement (MOVE) will unlock approximately 50 million tokens at 8 PM Beijing time on September 9, with a ratio of 1.89% to the current circulation, valued at about 5.9 million USD.

( September 10

Exchange:

Binance will support the Celo (CELO) network upgrade and hard fork on September 10

Binance is expected to suspend the token deposit and withdrawal services for Celo (CELO) network on September 10, 2025, at 22:00, to support its network upgrade and hard fork. The project team expects to carry out the network upgrade and hard fork on September 10, 2025.

Bybit will delist the NEIROETH perpetual contract trading pair on September 10

According to a Bybit announcement, the platform will delist the NEIROETH/USDT perpetual contract trading pair on September 10, 2025, at 19:00 (Beijing time).

Project Update:

Linea: The airdrop claim window is from September 10 to December 9, and all airdrop tokens are fully unlocked

Layer 2 project Linea has announced that its eligibility query is now open, with the airdrop claim window from September 10 to December 9. 85% of the total LINEA supply is allocated to the ecosystem, with 10% allocated to early users and developers, and 75% going to the ecosystem fund, with no allocation for teams or VCs. All airdropped tokens are fully unlocked.

According to reports, Linea has officially announced that the TGE will take place on September 10. LINEA follows Ethereum's initial distribution plan: 85% of tokens are allocated to the ecosystem. Among them, 10% is allocated to early users and builders (fully unlocked), and 75% is included in the largest ecosystem fund in cryptocurrency history, with another 4% of the fund being allocated to the liquidity provider community airdrop. The project team and venture capital institutions have not allocated any shares, focusing solely on sustainable long-term ecosystem development.

Token Unlock:

BounceBit (BB) will unlock approximately 42.89 million tokens at 8:00 AM Beijing Time on September 10, which is 6.31% of the current circulation, valued at about 6.4 million US dollars.

) September 11

Macroeconomics:

The United States will release the August CPI data and the number of initial jobless claims for the week ending September 6 at 8:30 PM on September 11.

The European Central Bank will announce its interest rate decision at 8:15 PM on September 11, and President Lagarde will hold a monetary policy press conference at 8:45 PM.

Exchange:

Members of DAXA in South Korea, including Bithumb, will delist the ALEX token and terminate withdrawal support on September 11

The South Korean cryptocurrency exchange Bithumb announced that members of the Korea Digital Asset Exchange Association (DAXA) plan to terminate trading support for ALEX. Bithumb expects to terminate trading support for ALEX on August 11 and withdrawal support for ALEX on September 11.

Project Updates:

Mitosis Foundation: MITO Genesis Airdrop Claim will end on September 11

The Mitosis Foundation announces that the MITO Genesis airdrop claim is now live, and the claim window will close at 21:00 Beijing time on September 11, 2025. The Mitosis Foundation stated that the MITO for paying the claim gas fees has been deposited in the claim address registered by users.

Token Unlock:

Aptos (APT) will unlock approximately 11.31 million tokens at 6 PM Beijing time on September 11, which is 2.20% of the current circulating supply, valued at approximately $48 million.

io.net (IO) will unlock approximately 13.29 million tokens at 8 PM Beijing time on September 11, which accounts for 6.24% of the current circulating supply, valued at about 7 million USD.

September 12

Token Unlock:

peaq (PEAQ) will unlock approximately 84.84 million tokens at 8:00 AM Beijing time on September 12, which accounts for 6.38% of the current circulating supply, worth about 5.6 million USD.

September 13

Token Unlock:

Cheelee (CHEEL) will unlock approximately 20.81 million tokens at 8:00 AM Beijing time on September 13, which is 3.13% of the current circulating supply, worth approximately $56 million.

September 14

Not available