The crypto market started the year well, with Bitcoin and most altcoins holding steady. Bitcoin remains above $91,000, while the market capitalization of all tokens rose to over $3.11 trillion. This article highlights some of the top cryptocurrencies to watch this week, including Ethena (ENA), Jito (JTO), Pump (PUMP), and Pi Network (PI).
Ethena to unlock millions of tokens
Ethena, a cryptocurrency valued at over $1.8 billion, will be one of the top coins to watch this week. It will unlock 171 million tokens, currently valued at over $41 million on Sunday. This unlock comes as the unlock progress stands at 51.9%.
Ethena token has rebounded in the past few days, moving from a low of $0.1935 in December to the current $0.2400. It still remains about 72% below the highest point in 2025, a decline that mirrors that of other cryptocurrencies.
ENA has seen intense buying by Arthur Hayes, the founder of BitMex, who has accumulated tokens worth over $3.8 million even as the total value locked has slumped to $6.4 billion from last year’s high of $14.3 billion.
Jito token in focus ahead of a big token unlock
Jito, a major player in the Solana ecosystem, is another top crypto to watch this week as it unlocks 11.3 million tokens worth over $5.39 million, which is equivalent with 1.14% of its market cap.
Like Ethena, Jito has a long way to go in terms of its token unlocks as it has unlocked just 37.28% of its tokens. Jito’s TVL, which is made up of staked Solana tokens, has dropped from last year’s high of $3.37 billion to the current $1.9 billion.
Other cryptocurrencies with large unlocks this week are Movement (MOVE), Rain (RAIN), Linea (LINEA), Pump, and Gods Unchained.
Ethereum (ETH)
Ethereum price has rebounded in the past few days, moving to a high of $3,150, its highest level since December 12. It has jumped by 20% from its lowest level in November last year.
The token will be in the spotlight this week as investors watch the ongoing trends in the ETF market. Spot Ethereum ETFs added over $160 million in inflows last week, a big improvement from the previous week’s outflows of $102 million. They had shed over $643 million in assets a week earlier.
Spot Ethereum ETFs now hold over $19 billion in assets, which are equivalent to 5% of its market capitalization.
Ethereum price will also be in focus as BitMine continues to invest and stake it. The company has now accumulated tokens worth over $12 billion and has started staking them. It will also announce its financial results on Friday.
Pi Network (PI)
Pi Network token has held steady in the past few days. It has remained at the key support at $0.200, its highest level since December 20th.
The main reason it will be in the spotlight is that, as the chart above shows, it has moved slightly above the upper side of the falling wedge pattern. As such, there is a likelihood that this could lead to more upside in the near term.
Pi Network will unlock over 36 million tokens worth over $7. 2 million as part of its daily tokens. Also, traders will likely watch the developments on the ongoing DEX and AMM testnet.
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