BTC, BERA, INJ and more

The Injective (INJ) Summit, scheduled to take place on June 26, is expected to make headlines with announcements involving “Injective Alpha” and other institutional-grade integrations, as hinted by the summit materials.

Positive news from the summit could spark a price rally for INJ, as price usually climbs after events ahead of such events due to market anticipation. Therefore, a strong announcement may drive a larger breakout, but a lackluster reveal could prompt a sharp drop.

ACX: 100m token unlock on June 29

Across Protocol is set to unlock 100 million ACX tokens on June 29, which is equal to 22.65% of its circulating supply and worth around $15.7 million. Though the upcoming unlock is much smaller compared to its massive June 28 release, it could still lead to moderate selling pressure in the altcoin market.

The unlock could drive the price down by 10% to 15% if a majority of altcoin market traders choose to sell instead of hold. However, if traders choose to stake or the protocol absorbs tokens for liquidity incentives, the price impact may be muted.

OP: Over 31m token unlock on June 29

On June 29, Optimism (OP) is set to unlock approximately 31.34 million OP tokens. This represents around 1.83% of its circulating supply, valued at approximately $18 million.

In the past, unlocks of this scale tend to trigger 2% to 3% price drops as token holders choose to liquidate their holdings rather than suffer corrections. However, there is still a possibility of new buyers soaking tokens amidst the drop and softening the blow.

BERA: Berachain begins to shift revenue Focus

The Berachain (BERA) mainnet is currently realigning toward revenue generation through its “proof-of-liquidity” model, deploying protocol fees back into liquidity over the coming weeks. The revenue shift could potentially attract yield-focused capital, which in turn could prompt a rise in BERA price.

However, momentum depends on actual revenue traction and how the altcoin market reacts to the change.

Price chart for the altcoin market token BERA in the past few days, June 23, 2025 | Source: crypto.newsSNX: Synthetix Exchange prepares to go live on Ethereum

At the beginning of this month, Synthetix announced that it will be launching its first perpetual futures DEX on the Ethereum (ETH) Mainnet. Although the project has not revealed an exact date for when the platform will go live, altcoin market traders expect it to come soon.

For SNX (SNX), live trading activity could reignite demand as users migrate positions and liquidity back to Ethereum. This move could also strengthen SNX governance and fee-tier structures tied to perps volume.

BTC: Iran geopolitical risk watch

Since geopolitical tensions have been escalating after the U.S. airstrikes on Iranian nuclear facilities, Bitcoin (BTC) has dipped below the $100,000 threshold, reaching as low as $98,467. It has slowly recovered, barely able to regain back its place above $100k as it stands at $101,857.

However, altcoin market traders should keep their eyes on the possibility of retaliation from Irans side, which could inject volatility into both crypto and macro markets. U.S. agencies have warned that Iranian hacker groups may retaliate via cyberattacks targeting financial systems, which could include crypto.

In fact, as previously reported by crypto.news, the concern spread within the Bitcoin ETFs market, which have dropped more than 26% in inflows compared to the previous week.