Important Events Preview for May

May 5

A certain Layer 1 blockchain project will conduct a token generation event, and details such as airdrop and token allocation are expected to be announced.

A certain derivatives trading platform will launch a new fee system and staking levels, including reducing trading fees by staking platform tokens and different rates for perpetual contracts and spot trading.

The tokens of a certain lending platform will be open for claiming, and can only be done on its mainnet.

A certain cryptocurrency exchange plans to adjust the contract marking price, shortening the price basis from 2.5 minutes to 1 minute.

The IOTA network is expected to upgrade from Stardust to a new network. Token holders do not need to take any additional action; they just need to load their existing wallets into the new wallet.

Ethena(ENA) will unlock approximately 171 million tokens, accounting for 3.10% of the circulating supply, worth about 50 million USD.

May 6

The U.S. House Committee on Financial Services and the Agriculture Committee will hold a joint hearing to discuss a digital asset legislative blueprint. A draft cryptocurrency regulation is expected to be released before the hearing, which may be similar to the "21st Century Financial Innovation and Technology Act" passed last year.

A certain DEX plans to upgrade to support native USDC and cross-chain transfer protocol V2, which is expected to take one week. After the upgrade, users' USDC.e will be automatically converted to native USDC, enabling faster and safer cross-chain transfers.

Spectral(SPEC) will unlock approximately 10 million tokens, accounting for 70.90% of the circulation, valued at about 24.6 million USD.

May 7

The Ethereum Pectra upgrade is scheduled to go live on that day, including 11 improvement proposals, with a focus on optimizing staking and wallet functions. Among them, EIP-7251 will increase the per-node staking limit from 32 ETH to 2048 ETH.

A Layer 1 public chain focused on the RWA track will launch its testnet, showcasing its high throughput solutions and EVM compatibility.

A certain exchange will launch a new token and announce the points threshold for Alpha trading.

Neon(NEON) will unlock approximately 53.91 million tokens, accounting for 22.51% of the circulating supply, valued at 6.2 million USD.

May 8

The Federal Reserve will announce its interest rate decision, followed by a press conference on monetary policy by Chairman Powell.

The U.S. Department of Justice seeks to sentence the former CEO of a certain crypto lending platform to 20 years in prison, accusing him of orchestrating a fraud that resulted in nearly $7 billion in losses for customers. The final ruling will take place on the same day.

May 9

A large cryptocurrency exchange plans to launch 24/7 Bitcoin and Ethereum futures trading, which will be the first U.S.-regulated 24x7 cryptocurrency futures contracts.

The Ethereum ERC-7828 and ERC-7930 standards are expected to be officially finalized, aiming to address the issue of address recognition in cross-chain interactions.

A certain cryptocurrency financial services company plans to go public on Nasdaq on May 16, pending shareholder approval of the restructuring plan on May 9.

Movement(MOVE) will unlock approximately 50 million tokens, accounting for 2.0% of the circulating supply, valued at around 8.7 million USD.

May 10

TON will officially discontinue the Toncoin Bridge, and users will no longer be able to transfer Toncoin from TON to Ethereum or BNB Smart Chain through this bridge, but previously cross-chain assets can still be claimed.

May 11

A well-known venture capital institution's startup acceleration program has launched a new round of applications for startups, with a deadline of May 11. This program will provide up to $1 million in investment to early-stage startups and offer close collaboration and promotional support within 90 days.