Key industry events and project developments worth paying attention to in the coming week, subscribe with one click to grasp market pulse anytime, anywhere.
Web3 events not to be missed this week (May 5-11, 2025), here's a preview:
Monday (May 5): Shardeum will conduct TGE on May 5, about to announce airdrop and token allocation details.
Strategy World 2025 (formerly MicroStrategy World) will be held from May 5-8 in Florida, USA.
Ethena (ENA) will unlock approximately 171 million tokens on May 5, valued at around $50 million, representing 3.10% of circulating supply.
Tuesday (May 6): Sources indicate that Republican leadership from the House Financial Services and Agriculture Committees will publish a draft discussion for an important regulatory framework for digital assets before the hearing on May 6. The draft is expected to be similar to the Financial Innovation and Technology for the 21st Century Act (FIT 21) passed by the House last year. The bill aims to clarify when the SEC, CFTC, or both will regulate digital assets.
Wednesday (May 7): Ethereum core developers plan to conduct the Pectra upgrade on the Ethereum mainnet on May 7.
Binance Alpha and Binance Futures will list the token Obol (OBOL) at 18:00 and 18:30 on May 7.
Thursday (May 8): The US court will sentence Celsius former CEO Alex Mashinsky on May 8.
The proposal to recover ETH exchanged for ZK tokens in the ZK Nation airdrop theft will open for voting around 2:00 on May 8, with voting lasting 7 days. Considering potential arbitrage and market manipulation, the method and timing of ETH to ZK token exchange will not be disclosed in advance.
Friday (May 9): Galaxy awaits shareholder approval for listing on May 9. If approved, Galaxy will list on Nasdaq on May 16.
Saturday (May 10): TON will officially discontinue the Toncoin Bridge on May 10. Users will no longer be able to transfer Toncoin from TON to Ethereum or BNB Smart Chain, but previously cross-chain assets can still be claimed.
Sunday (May 11): Canada Crypto Week will be held from May 11-17 in Toronto, Canada.
a16z Speedrun application deadline is May 11. a16z Speedrun will provide up to $1 million investment to very early-stage startups. The next round will launch from July 28 to October 10, 2025.
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