In the coming week, from March 3, 2025 to March 9, 2025, there will be these blockchain highlights worthy of your attention.
Highlights:
- The official Staking function of HashKey Chain will be launched on March 3;
- Sui (SUI) will unlock approximately 40.63 million tokens at 8 a.m. Beijing time on March 3, with a ratio of 1.28% to current circulation and a value of approximately US$117 million;
- Story will launch token issuance and pledge rewards on March 4;
- Ethereum Foundation: The Pectra network upgrade plan is scheduled to be launched in Sepolia on March 5;
- The White House will hold the first Cryptocurrency Summit on March 7;
- Ethena (ENA) will unlock approximately 2.07 billion tokens at 3 pm Beijing time on March 5, with a ratio of 66.19% to current circulation and a value of approximately US$835 million;
on March 3
Project dynamics:
The official Staking feature of HashKey Chain will be available on March 3
HashKey Chain will officially launch the Staking function at 20:00 (UTC+8) on March 3, 2025, providing users with flexible on-chain asset value-added services. It is understood that HashKey Chain Staking currently supports HSK pledge. Users can choose different lock-up periods according to their own needs and enjoy corresponding annualized rates of return and additional rewards, with an annualized rate of up to 12%. The launch of the Staking feature aims to provide users with asset value-added channels and further enrich the application scenarios of the HashKey Chain ecosystem.
Token unlocking:
Sui (SUI) will unlock approximately 40.63 million tokens at 8 a.m. Beijing time on March 3, accounting for 1.28% of current circulation and worth approximately US$117 million
March 4
Macroeconomics:
U.S. tariff measures on Mexico and Canada came into effect on March 4
U.S. President Trump said tariff measures on Mexico and Canada will be implemented on March 4.
Exchange:
Ouyi announced that it will roll off the GFT spot trading pair, and users must complete asset processing by March 4
Ouyi Platform announced that it plans to officially launch the GFT/USDT and GFT/USDC trading pairs on December 3, 2024 from 5:00 to 5:30 pm (UTC+8). The recharge service of GFT will be suspended at 4:00 pm (UTC+8) on December 2, 2024 and will no longer be open in the future. In addition, GFT’s withdrawal service will be suspended at 4:00 pm (UTC+8) on March 2, 2025. Users are requested to complete asset processing before 4:00 pm (UTC+8) on March 4, 2025 to avoid losses.
Bithumb announced that it will end its 300 Feet Network (FIT) transaction support on March 4
Due to failure to meet transaction support standards, 300 Fit Network (FIT) will terminate transaction support at 15:00 on January 30, 2025 (Korean time) and terminate withdrawal support at 15:00 on March 4, 2025. Bithumb recommends that users complete asset withdrawals before the deadline, reminding investors that technical support may not be available after trading support is terminated, or losses may occur due to falling prices.
Project dynamics:
Solayer plans to open LAYER token airdrop applications until March 4
Solana re-pledge platform Solayer announced that it has officially opened the airdrop application for its native token LAYER, but the actual application for PANNews has not yet been opened. Solayer said in his blog that for early and eligible community members, the LAYER token in Genesis Drop will be unlocked immediately upon release, and additional LAYER tokens will be available through Epoch over the next 6 months. The inspection window opens at 20:00 Beijing time on February 11, 2025 and will remain open for 30 days until 20:00 Beijing time on March 4, 2025. Users who fail to initiate claims during this period will lose their tokens. Unclaimed LAYER will be reallocated for future airdrops. LAYER tokens vested after the initial claim period will not be affected.
Story will launch token issuance and pledge rewards on March 4, releasing 55555 IPs per day
Story will officially launch the issuance of IP tokens on March 4, 2025 (Block 1,580,851), releasing 55,555 IPs per day and simultaneously launching pledge rewards. Currently in the singularity period, users can pledge but no reward, which will officially take effect after the Big Bang Block. The pledge reward mechanism adopts a time-weighted model, with flexible pledges of 1x, 90 days 1.1x, 360 days 1.5x, and 540 days 2x, while locked pledges only enjoy 0.5x reward (locked for 6 months). Story encourages long-term pledges to enhance the security and stability of decentralized AI-native IP infrastructure.
Token unlocking:
Staika (STIK) will unlock approximately 1.57 million tokens worth approximately US$8 million at 8 a.m. Beijing time on March 4
March 5
Exchange:
Binance will launch 6 USDC perpetual contracts including KAITO and IP from March 5 to 7, supporting up to 25 times leverage
Binance announced that it will launch the following USDC-denominated perpetual contracts from March 5 to March 7, all supporting a maximum leverage of 25 times:
- March 5, 18:00: KAITOUSDC Perpetual Contract
- March 5, 18:15: IPUSDC Perpetual Contract
- March 6, 18:00: TRUMPUSDC Perpetual Contract
- March 6, 18:15: ADAUSDC Perpetual Contract
- March 7, 18:00: PNUTUSDC perpetual contract
- March 7, 18:15: HBARUSDC Perpetual Contract
Project dynamics:
Ethereum Foundation: Pectra network upgrade plans to go online in Sepolia on March 5
The Pectra network upgrade plan is launched on the Ethereum Test Network. It was launched on Holesky at epoch 115968 (05:55 Beijing time, February 25), and then on Sepolia at epoch 22464 (15:29 Beijing time, March 5). The Pectra testnet client versions are listed below. After two test networks are successfully upgraded, one of the main networks will be selected to activate the epoch. Pectra follows last year’s Dencun upgrade. It introduces more features such as enhancing Ethereum accounts, improving the verifier experience, and supporting L2 expansion.
Token unlocking:
Ethena (ENA) will unlock approximately 2.07 billion tokens at 3 pm Beijing time on March 5, accounting for 66.19% of current circulation and worth approximately US$835 million
March 6
Macroeconomics:
Federal Reserve releases Beige Book of Economic Conditions
March 7
Macroeconomics:
us non-farm payrolls report
Policy supervision:
The White House will host its first cryptocurrency summit on March 7
The White House will host the first Cryptocurrency Summit on March 7. President Trump will attend the first White House Cryptocurrency Summit on March 7 and deliver a speech. Attendees will include prominent founders, CEOs and investors in the cryptocurrency industry, as well as members of the President’s Digital Assets Working Group. The summit will be held by the White House A.1. and cryptocurrency czar DavidSacks, and is managed by Bo Hines, executive director of the working group.
Token unlocking:
Kaspa (KAS) will unlock approximately 162 million tokens at 8 a.m. Beijing time on March 7, with a ratio of 0.63% to current circulation and a value of approximately US$12.8 million
Neon (NEON) will unlock approximately 53.91 million tokens at 8 a.m. Beijing time on March 7, accounting for 22.51% of current circulation and worth approximately US$8.4 million
March 8
Macroeconomics:
Federal Reserve Chairman Powell speaks at the University of Chicago’s Booth School of Business
Project dynamics:
Japan’s SBI Group will complete the integration of DMM Bitcoin customer accounts and assets by March 8
Japanese securities giant SBI Group announced that its crypto business hit a new quarterly profit. SBI also partnered with USDC operator Circle to promote the launch of USDC trading pairs in Japan. In addition, the company reached an agreement with DMM Bitcoin to complete the integration of DMM Bitcoin customer accounts and assets on March 8, 2025. This integration covers the yen and spot crypto assets of all DMM Bitcoin customers, without additional operations from customers and will be handled uniformly by SBI VC Trade. This integration will add 14 new spot trading assets, including NIDT, MONA, SAND, TRX, BAT, ALGO, APE, AXS, ETC, ENJ, CHZ, MKR, OMG, and FCR. After integration, the total number of crypto assets supported by SBI VC Trade will increase to 38.
Token unlocking:
Berachain (BERA) will unlock approximately 10 million tokens at 9 pm Beijing time on March 8, with a ratio of 9.27% to current circulation and a value of approximately US$85.5 million
March 9
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