Key Events Next Week
March 17
Pionex Plans to Launch SOLANA (SOL) Futures on March 17;
Ethereum to Launch Hooli Testnet on March 17;
KiloEx to Conduct TGE on March 17;
March 20
(2:00) Federal Reserve Announces Interest Rate Decision, Followed by Powell's Press Conference;
March 21
March 23
Ethena Labs Third Quarter Airdrop Event Continues Until March 23;
Others (Specific Time Not Yet Determined)
From March 17 to March 23, more noteworthy events in the industry are as follows.
March 17
Pionex Plans to Launch SOLANA (SOL) Futures on March 17
Odaily Planet Daily reports that Pionex plans to launch SOLANA (SOL) futures on March 17.
Ethereum to Launch Hooli Testnet on March 17
Odaily Planet Daily reports that Ethereum core developers announced that the new testnet Hooli will go live on March 17 for final testing of the Pectra upgrade, aiming for deployment to the mainnet by late April to early May. Previously, Pectra failed testing on the Sepolia and Holesky testnets due to configuration errors, and Holesky was down for several weeks. Hooli will conduct a Pectra test upgrade on March 26, and if successful, developers plan to initiate the mainnet upgrade 30 days later.
KiloEx to Conduct TGE on March 17
Odaily Planet Daily reports that KiloEx, a perpetual contract DEX invested by YZi Labs, announced on platform X that its TGE will take place on March 17. Detailed information regarding airdrop rules and eligibility criteria will be announced soon.
Cronos Proposal to Restore 70 Billion CRO Tokens to be Determined on March 17
Odaily Planet Daily reports that the voting on the proposal to restore 70 billion CRO tokens that were destroyed in 2021 is expected to conclude on March 17. Previously, Cronos proposed to reissue the 70 billion destroyed tokens to create a Cronos strategic reserve.
March 18
Initia Wallet Extension to be Disabled on March 18, Users Need to Migrate Data
Odaily Planet Daily reports that Initia has officially announced the discontinuation of the Initia wallet browser extension. Users must complete wallet migration by March 18 at 3:00 UTC, or they will lose access to testnet data, including testnet Jennie tokens and related data. Migration can be done through the official website.
In the future, Initia will prioritize the development of wallet widget features, allowing users to connect existing EVM or Cosmos wallets to different virtual machine Interwoven Rollups.
Parallel TCG to Launch Mobile Version on March 18
Odaily Planet Daily reports that the AI blockchain game project Parallel announced on platform X that Parallel TCG (trading card game) will launch its mobile version on March 18. Users will be able to download it from the Apple App Store and Google Play. The team has opened pre-registration channels.
March 19
WazirX: Voting on Proposed Restructuring Plan from March 19 to March 28
Odaily Planet Daily reports that Indian cryptocurrency exchange WazirX announced on platform X that the next key step is to vote on the proposed restructuring plan. Voting period: scheduled from March 19 to March 28, 2025. After asset rebalancing, if the majority of creditors vote in favor, approximately 85% of the account balances of the plan creditors will be distributed within 10 working days after the restructuring plan takes effect (valued as of 1:00 PM Indian Standard Time on July 18, 2024).
Babylon Foundation: Airdrop Registration Deadline Extended to March 19
Odaily Planet Daily reports that the Babylon Foundation announced on platform X that, due to many users only recently being able to register for the airdrop, the registration deadline will be extended by 4 days to March 19 at 8:00 AM UTC.
March 20
Federal Reserve Announces Interest Rate Decision, Powell Holds Press Conference
Odaily Planet Daily reports that at 2:00 AM Beijing time on March 20, the Federal Reserve FOMC will announce the interest rate decision and economic outlook summary. Following this, at 2:30 AM, Federal Reserve Chairman Powell will hold a monetary policy press conference.
NVIDIA Sets March 20 as First "Quantum Day"
Odaily Planet Daily reports that American chip company NVIDIA announced that March 20 will be designated as the first "Quantum Day" to strengthen partnerships and advance the development of quantum computing technology. NVIDIA's official blog stated that CEO Jensen Huang will engage in discussions with executives from several major quantum technology companies on "Quantum Day" to explore the current and future of quantum technology. Related companies include Alice and Bob, Atomic Computing, IonQ, and D-Wave. According to reports from the U.S. Ben Zinga News, the first "Quantum Day" coincides with NVIDIA's GPU Technology Conference held in San Jose, California, which will focus on rapid advancements in the field of quantum computing. (Jin Ten)
BNB Chain to Conduct Pascal Hard Fork Upgrade on March 20, Supporting EIP-7702
Odaily Planet Daily reports that BNB Chain will conduct a mainnet Pascal hard fork on March 20, 2025, to enhance EVM compatibility and become one of the first public chains to adopt EIP-7702. This upgrade will introduce features such as gas abstraction, EOA wallet smart contract capabilities, and batch transactions, providing users with a smoother experience and greater flexibility for developers.
Through the EIP-7702 proposal, BNB Chain will allow externally owned accounts (EOA) to temporarily possess smart contract functionality during transactions while maintaining account security. This upgrade will significantly lower the barrier for users to enter Web3. For example, gas fee abstraction allows users to complete on-chain interactions without holding the native token for gas fees in their accounts; at the same time, it allows dApps to sponsor gas fees for users, enhancing the on-chain experience.
March 21
Odaily Planet Daily reports that according to Fox Business reporter Eleanor Terrett on platform X, two informed sources revealed that the SEC's cryptocurrency working group will hold a series of roundtable meetings with industry participants, themed "Spring Sprint Towards Crypto Clarity," with the first meeting scheduled for March 21 at the SEC office in Washington, D.C. The topic of the first meeting may be "Defining Security Status."
BNB Chain: TVL Incentive Program Extended for One Month, New Deadline is March 21
Odaily Planet Daily reports that BNB Chain announced on platform X that the TVL Incentive Program has been extended for one month, with the new deadline being March 21, 2025.
March 22
None
March 23
Ethereum Foundation Extends Application Deadline for 2025 Academic Grant Program to March 23
Odaily Planet Daily reports that the Ethereum Foundation's website has updated information indicating that the application submission deadline for the 2025 academic grant program has been extended to March 23 at 23:59 AoE time. It is reported that a total of $2 million in funding is available to support academic work related to Ethereum.
Ethena Labs Third Quarter Airdrop Event Continues Until March 23
Odaily Planet Daily reports that Ethena Labs' third quarter airdrop event will last for 6 months, until March 23, 2025.
Others (Specific Time Not Yet Determined)
Odaily Planet Daily reports that Farcaster founder Dan Romero stated that Farcaster will collaborate with developers/projects looking to provide airdrops to users. After users join and perform the required actions (using the framework, participating in channels, etc.), they can establish a good user reputation to receive future airdrops. Ultimately, developers can decide the target users (data is permissionless), and the first airdrop will take place next week.
Dan Romero added that it should be clarified that the airdrop comes from the framework built by ecosystem developers (not Farcaster).
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