This week's top cryptocurrency news: Trump's release date, Mantle's Q2 roadmap, unlocking $117 million Wormhole, and much more.

Several important headlines are being highlighted in the cryptocurrency sector this week, with specific developments expected to occur in each ecosystem. This week's top cryptocurrency news could trigger volatility for some tokens.

The following headlines, from Trump's Liberation Day to major token unlocks, will attract the attention of cryptocurrency market participants this week.

Trump’s "Liberation Day" Tariffs

President Trump is expected to implement new tariff levels on April 2nd, referred to as "Liberation Day," to address the United States' $1.2 trillion trade deficit. These tariffs could significantly impact the cryptocurrency market, as seen in previous instances when strong tariffs led to market anxiety.

Experts warn of upcoming volatility on Liberation Day. If tax rates are high, risk appetite may decrease, affecting stocks, bonds, and risk assets such as cryptocurrencies. Currently, the Japanese stock market is declining as investors anticipate upcoming announcements.

"The Japanese stock market fell nearly -4% as investors brace for President Trump's Liberation Day," The Kobeissi Letter noted.

President Trump called Wednesday "Liberation Day," and more than 20% tax will be imposed on over 25 countries. The general prediction is that the U.S. tax will affect at least $1.5 trillion in import value by the end of April.

Bitcoin, Ethereum and altcoins may face short-term outflows as investors hedge against slowing global growth and inflation risks.

However, a more considered or delayed tax approach could stabilize or even boost prices. The same happened two months ago when Bitcoin recovered to 100,000 USD after Canada and the US agreed to delay taxes.

Native USDC and major network upgrades on Sonic

The upcoming integration of native USDC by Sonic and a major network upgrade is very important for cryptocurrency participants, especially those involved in DeFi within the Sonic ecosystem.

Since its launch, Sonic has been using USDC.e, a bridge version of USDC from Ethereum via Sonic Gateway. It leveraged Circle's USDC Bridge Standard, as described in a Sonic Labs blog post in January 2025.

"Sonic raised 250 million USD in USDC.e through Circle's USDC Bridge Standard," the sharing network recently stated.

Converting to native USDC will simplify stablecoin operations. It will also ensure that developers have a single contract address that exists through upgrades, improving the user and developer experience.

This upcoming upgrade is expected to boost the adoption of Sonic by simplifying transactions and reducing the complexity of the bridge. For investors, this demonstrates Sonic's commitment to scalability and interoperability.

It can enhance the utility and attractiveness of the network for DeFi projects. Participants should monitor the deployment of upgrades and its impact on trading volume and the development of the Sonic ecosystem.

Announcement of Mantle's Q2 Roadmap

The announcement of the Q2 roadmap of the Mantle Network (MNT) on April 2, 2025, is an important event for participants in the cryptocurrency market this week. In particular, it will attract the attention of investors in the Layer-2 solution (L2) of Ethereum.

"Listen to exciting updates on the pillars of innovation from Mantle in our quarterly livestream on X... on April 2nd, 2 PM UTC. An alpha preview of Mantle Banking, MantleX, & Mantle's Enhanced Index Fund... Detailed information and roadmap updates from the Mantle Network," read the announcement.

The Mantle Network will provide detailed updates on the upcoming index fund and Mantle Banking initiatives. According to its website, Mantle aims to become a "Liquidity Chain" with a modular architecture and zero-knowledge proof.

These developments can enhance capital efficiency and organizational-level payments. This move will position Mantle as a leader in next-generation banking solutions on Ethereum's largest L2 with ZK proofs.

This roadmap may signal new growth opportunities for MNT investors, particularly with the ecosystem managed by Mantle token holders and partners like Mirana Ventures supporting its EcoFund. Specifically, its MNT token may attract increased interest if the roadmap outlines compelling use cases.

Data from BeInCrypto shows that MNT is trading at 0.78 USD at the time of writing, down nearly 4% in the last 24 hours.

New Business Agreements of Ionet

Ionet's upcoming announcement regarding new enterprise agreements is a significant development this week in the cryptocurrency space. With network income increasing by 150% over the past three months, as mentioned in the post on X, Ionet is attracting attention for providing IT toolkit design, video recording, and network hardware systems, according to its Crunchbase profile.

These agreements could strengthen the role of Ionet in connecting traditional business needs with decentralized technology, potentially promoting the adoption of its IO token. This development signals a stronger ecosystem for investors, which could lead to increased token demand and rising value.

However, participants should assess the scale and nature of these agreements and Ionet's ability to sustain income growth. Monitoring the market performance of IO and network activity after the announcement will be key to understanding the broader impact on its valuation and market position.

Release of mobile version v2 of Jupiter Exchange

The upcoming release of Jupiter Mobile v2 is a noteworthy event, especially for those operating within the DeFi ecosystem of Solana. As a leading decentralized exchange on Solana, Jupiter aims to enhance user accessibility with this mobile app upgrade, enabling seamless trading and DeFi interaction.

"Jupiter mobile v2 is coming soon! In a short few months, Jupiter mobile has become a community favorite, known for its speed, UX, and innovative features – and we are excited to share that a major update v2 will be released soon," said Jupiter co-founder, who goes by the nickname Meow.

This could attract a wider user base, potentially increasing transaction volumes and enhancing Jupiter's market share in the competitive DeFi space. If the application improves user retention and interaction, this release could drive demand for the token among JUP holders.

However, the performance of the application, user feedback, and acceptance rate after launch will be very important, as any technical issues could dampen sentiment. Additionally, with JUP already in the sights of investors, its price may experience volatility around the time of release.

Wormhole unlocks tokens worth 117 million USD

Another top cryptocurrency news this week is the unlocking of 117 million USD worth of Wormhole tokens, scheduled for April 3, 2025. This significant event for the Wormhole community members relates to 47.37% of the circulating supply of the W token.

This significant unlocking could increase selling pressure, potentially causing price volatility for the W tokens. Notably, W is an important token in the Wormhole cross-chain bridge ecosystem.

The unlocking of large tokens often leads to uncertainty in the market, as early investors or team members may sell their stakes, affecting short-term price stability.

However, for traders, this presents both risks and opportunities. A price drop can provide a buying opportunity if the fundamentals of Wormhole remain strong. However, it also increases the risk of a further decline.

Investors should monitor the price action of W before and after the unlocking event and the overall market sentiment. It is also essential to evaluate the development of the Wormhole ecosystem and the adoption of its bridge solutions to understand the long-term value of token W in the context of the upcoming supply shock.

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