Top Cryptos to Watch This Week: Ethena, Jito, Ethereum, and Pi Network

The crypto market kicked off 2026 on a positive note, with Bitcoin holding above $91,000 and total capitalization climbing past $3.11 trillion. Amid steady performance, several tokens stand out due to upcoming unlocks, ETF trends, and technical setups. Here’s a breakdown of Ethena (ENA), Jito (JTO), Ethereum (ETH), and Pi Network (PI) to monitor this week.

Ethena: Massive Token Unlock Looms

Ethena (ENA), with a $1.8+ billion market cap, tops the watchlist as it prepares to unlock 171 million tokens valued at over $41 million. Unlock progress sits at 51.9%, making this a key supply event.

ENA has rebounded from December lows of $0.1935 to ~$0.2400 but remains ~72% below 2025 highs—mirroring broader altcoin weakness.

BitMEX founder Arthur Hayes has aggressively accumulated, adding $3.8+ million worth despite TVL dropping from $14.3 billion to $6.4 billion.

Jito: Solana Ecosystem Unlock in Focus

Jito (JTO), a core Solana infrastructure player, unlocks 11.3 million tokens (~$5.39 million, or 1.14% of market cap) this week. Only 37.28% of supply has been released so far.

TVL in staked Solana has fallen from $3.37 billion to $1.9 billion, reflecting ecosystem pressures.

Other major unlocks include Movement (MOVE), Rain (RAIN), Linea (LINEA), Pump (PUMP), and Gods Unchained—highlighting a supply-heavy week.

Ethereum: ETF Inflows and Corporate Momentum

Ethereum (ETH) has surged to $3,150—its highest since December 12—up 20% from November lows.

Spot ETH ETFs posted $160+ million inflows last week (reversing $102 million outflows prior), with total assets exceeding $19 billion (~5% of ETH market cap).

BitMine’s ongoing accumulation (now $12+ billion ETH holdings, with staking) and Friday’s earnings report will keep ETH in the spotlight.

Pi Network: Technical Breakout Attempt

Pi Network (PI) holds steady at $0.200 support—its highest since December 20.

Charts show PI edging above the falling wedge’s upper boundary, suggesting potential near-term upside if confirmed.

A daily unlock of 36+ million PI (~$7.2 million) adds supply pressure, alongside DEX/AMM testnet developments to watch.

Why These Matter This Week

Ethena and Jito face immediate unlock risks amid low volumes; Ethereum rides ETF and corporate tailwinds; Pi tests a key pattern breakout.

With Bitcoin stable and macro events looming, these catalysts could drive outsized moves—making them essential for traders navigating early 2026 volatility.