The Business & Technology Network
Helping Business Interpret and Use Technology
«  
  »
S M T W T F S
 
 
1
 
2
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
10
 
11
 
12
 
13
 
14
 
15
 
16
 
17
 
18
 
19
 
20
 
21
 
22
 
23
 
24
 
25
 
26
 
27
 
28
 
29
 
30
 
31
 
 
 

Top Crypto News This Week: Sonic S2 Airdrop, SEC Roundtable, Aptos Unlocks, and More

DATE POSTED:June 9, 2025

This week’s top crypto news includes many headlines spanning various ecosystems. Narratives range from crypto airdrops and token unlocks to regulatory discussions and altcoin launches.

Beyond key US economic indicators, this week, crypto market participants can also expect volatility from the following headlines.

Sonic S2 Airdrop

Sonic, a high-performance Layer-1 (L1) blockchain, is set to unveil its S2 crypto airdrop next week. It aims to build on the success of its Season 1 airdrop, which distributed 190 million S tokens.

“S Airdrop Timeline. Season 1: Ends June 18. Season 2: Begins Immediately After Next week, we’ll release a full outline of the second season,” Sonic said in a June 7 post on X (Twitter).

As BeInCrypto reported, the S2 airdrop is expected to incentivize user engagement within Sonic’s ecosystem further. Specifically, it will reward holders of whitelisted assets and active DeFi participants through its novel Sonic Points system.

Users earn Passive Points by holding assets in non-custodial wallets like MetaMask. Meanwhile, activity Points offer double rewards for liquidity provision.

The airdrop aims to boost liquidity and foster community growth, aligning with Sonic’s mission to address scalability and interoperability challenges.

With nearly $800 million in TVL (Total Value Locked) and projects like Silo Finance and Rings Protocol, Sonic is a DeFi powerhouse.

Sonic (S) Price PerformanceSonic (S) Price Performance. Source: CoinGecko

Sonic’s S token was trading for $0.3706 as of this writing, down by nearly 2% in the last 24 hours.

DeFi App Releases HOME Token

Another top crypto news this week concerns DeFi App launching its HOME token on Tuesday, June 10. The initiative marks a pivotal moment for its community-driven DeFi platform.

Homecoming soon to a blockchain near you.

JUNE 10. BE THERE. pic.twitter.com/OEW0J1zZpn

— Defi App     </div>
  </div>
  <div class=