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The key market trends for the coming week: Fed interest rate decision and important upgrades across multiple chains.
Upcoming Important Events in the Encryption Industry for the Next Week
March 17
Exchange Dynamics
A trading platform plans to launch SOL futures contracts on March 17. The platform will offer traders the option of a 25 SOL micro contract and a 500 SOL large contract. These futures contracts will be cash-settled and based on the daily reference rate of the SOL dollar price.
A trading platform will suspend the recharge and withdrawal of Kadena KDA on March 17 at 23:00 UTC ( to support its network upgrade and hard fork. The upgrade is expected to be completed on March 18 at 00:00 UTC ) at block height 5,659,280. The recharge and withdrawal functions will reopen after the network stabilizes, and trading will not be affected.
( Project Progress
Ethereum developers will launch the "Hoodi" testnet on March 17, making final preparations for the Pectra upgrade. Previously, the activation of Pectra on other testnets was delayed due to configuration issues. The Pectra upgrade aims to improve Ethereum's scalability, including reducing Layer 2 costs and increasing staking limits. If testing goes smoothly, it could be deployed on the mainnet as early as April 25.
The Layer 2 project Starknet is scheduled to launch its mainnet between March 17 and 24. According to its 2025 roadmap, Starknet is committed to becoming the first fully decentralized Layer 2 that scales Ethereum on a large scale. Key focuses include staking mechanisms, decentralized operation, and governance independence.
The open-source crowdfunding platform Gitcoin announced the details of six community rounds for GG23, each round funding approximately $21,000. The application period for the open-source software project OSS Program is set from March 17 to 31, and the matching donations will take place from April 2 to 16.
ZKsync announced the termination of the Ignite program and the cessation of reward distribution on March 17. The team will focus on the development of the Elastic Network and plans to optimize the token economic model and introduce new ecological incentives. A related summary report will be released on March 30.
The voting on the proposal to restore the 70 billion CRO that has been destroyed by Cronos will end on March 17. Early voting shows that 95.7% of participants oppose the proposal. Some community members strongly oppose it, believing that it will undermine the project's decentralization and credibility.
March 18
) social media
A certain social media giant will launch the "Community Notes" feature in the United States on March 18, applicable to multiple platforms under its umbrella. This feature draws on the crowdsourced fact-checking mechanisms of other social platforms, aimed at enhancing the transparency and scalability of information verification.
( blockchain project
The Layer 1 project Initia will close its wallet extension service on March 18 at 11:00 Beijing time ). Users must complete data migration before this time, otherwise they will not be able to access data on the testnet. Migration can be done through the official website provided.
A certain public chain foundation has launched an RFP program called SuiNS, aimed at promoting ecosystem development. Developers can submit proposals for funding, with a deadline of March 18 at 15:59### UTC+8###. Selected projects are required to sign a funding agreement and develop according to the plan. The program aims to provide users with a simple and user-friendly identity identification, enhancing the interactive experience of the ecosystem.
March 19
Exchange Announcement
An Indian encryption exchange announced that the voting period for its restructuring plan is set from March 19 to 28. If it receives the support of the majority of creditors, approximately 85% of the account balance will be distributed to creditors within 10 working days after the plan takes effect.
( Project Updates
A certain blockchain project announced that the airdrop registration deadline has been extended to March 19 at 4 PM ) Beijing time (, to accommodate users who recently completed their registration.
The game developer competition of a certain blockchain platform will end on March 19. The competition lasts for four weeks, with a total prize of $380,000, aimed at encouraging developers to build innovative games on the platform.
March 20
) macroeconomics
The Federal Reserve will announce the interest rate decision and economic projections summary on March 20 at 02:00 Beijing time ###.
exchange dynamics
An international encryption trading platform will launch perpetual contracts for REZ, GRASS, and RARE around 17:30 on March 20.
A certain encryption exchange will delist multiple spot trading pairs, including XR, GOAL, KP3R, etc., on March 20th from 16:00 to 17:00 Beijing time (. The withdrawal function for the related currencies will be closed on June 20th.
) blockchain project
The second round of the permanent liquidity support program for a certain public chain will end on March 20. The total fund for this program is $4.4 million, aimed at providing long-term liquidity support for high-potential projects.
A certain public chain plans to conduct a mainnet hard fork upgrade on March 20, which will support the EIP-7702 proposal and introduce new features such as Gas abstraction to enhance user experience and development flexibility.
March 21
Regulatory Dynamics
The U.S. SEC's cryptocurrency special working group will hold its first roundtable meeting on March 21 at its headquarters in Washington, D.C., with the theme "Our Past and Future: Defining the Securities Status." This is part of the "Spring Sprint for Clarity on Cryptocurrency" series of meetings.
( Project Progress
The TVL incentive program of a certain public chain has been extended to March 21.
A dispute lawsuit between a gaming company and its employees regarding the performance bonus for virtual assets will have its next round of debate on the morning of March 21.
March 22-23
) Project Updates
The Ethereum Foundation has extended the application deadline for the 2025 academic grant program to March 23 at 23:59 AoE time ###. The total amount of this round of funding is $2 million, aimed at supporting academic research related to Ethereum.