The crypto business noticed main developments this previous week throughout DeFi, NFT, Layer 2, and AI-powered platforms.
From high-profile governance votes to billion-dollar TVL milestones and growth into new shopper markets, most of the ecosystem’s main tasks made headlines. Based on weekly data compiled by Wu Blockchain, developments ranged from infrastructure launches and tokenomics reveals to daring coverage proposals and cross-border partnerships.
Right here’s a rundown of the ten most necessary crypto mission updates from the previous seven days.
WLFI token buying and selling accredited with 99.94% assist
World Liberty Monetary’s group has overwhelmingly handed a proposal to open WLFI token buying and selling. The vote, held from July 10 to 17, marks a pivotal step in transitioning WLFI from a closed atmosphere to an open ecosystem. As soon as carried out, the proposal will permit peer-to-peer and secondary market buying and selling, enabling broader participation in governance.
Aave turns into first DeFi protocol to hit $50B TVL
Aave reached a historic milestone this week, with its whole worth locked (TVL) surpassing $50 billion for the primary time. The protocol recorded a 13.93% TVL improve over the previous seven days, reinforcing its place because the main DeFi platform. Total DeFi TVL now stands at $284.39 billion—closing in on its all-time excessive of simply over $300 billion.
Eclipse unveils tokenomics: 15% reserved for airdrops and liquidity
Ethereum SVM Layer 2 protocol Eclipse printed its ES tokenomics, confirming a 1 billion token provide. Allocations embrace 15% for airdrops and liquidity, 35% for ecosystem and improvement, 19% for present and future contributors, and 31% for early supporters and traders. ES tokens may even function the native fuel token for the Eclipse blockchain.
Pudgy Penguins companions with Chinese language IP heavyweight Suplay
Pudgy Penguins has introduced a serious partnership with Chinese language toy and life-style firm Suplay. Whereas full particulars are pending, Suplay is understood for its IP collaborations with the likes of Genshin Affect, Sanrio, Disney, and the Palace Museum. The partnership marks a big step in Pudgy Penguins’ growth into the Asian market.
Kaito AI teases launchpad for early crypto mission investing
Kaito AI revealed its upcoming “Capital Launchpad,” designed to supply crypto-native traders early entry to promising tasks. In contrast to meme token platforms, it goals to resemble Echo—a blockchain-based angel investing community. KAITO token stakers and high Yappers might achieve early entry into personal token gross sales as soon as the platform goes dwell.
Sonic Labs introduces Spark for one-click Web3 deployment
Sonic Labs unveiled Spark, an AI-powered improvement platform that lets customers create and deploy Web3 apps utilizing easy pure language instructions. Constructed on Google’s Gemini mannequin, Spark affords full-stack era, real-time debugging, and danger scoring—all throughout the browser and with out coding information. The instrument is designed to dramatically decrease the barrier to blockchain improvement.
Ondo Finance acquires Strangelove Labs for RWA acceleration
To fast-track the expansion of its real-world asset (RWA) platform, Ondo Finance has acquired Strangelove Labs. The blockchain infrastructure agency contributed to numerous multi-chain and SDK improvements. Jack Zampolin, former CEO of Strangelove, will now function Ondo’s Vice President of Product to spearhead RWA product technique.
Kosta has been working within the crypto business for over 4 years. He strives to current completely different views on a given matter and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced protection of occasions and developments within the crypto area, offering info to his readers from a impartial perspective.
