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Check out its latest report on the state of the onchain UX →
GM friends.
Here’s what I’ll cover today:
9 crypto events to watch this week
A tool for tracking DeFi fundamentals
6 alpha threads
Let’s dive in👇
Crypto catalysts to watch this week
VanEck’s Onchain Economy ETF launch - VanEck’s Onchain Economy ETF, the first actively managed crypto ETF, will go live on May 14
Sonic’s major announcement - Sonic L1 is expected to make a big announcement on May 15
Kaito’s tokenomics upgrade - Kaito will announce a tokenomics upgrade to disproportionally reward $KAITO diamond hands this week
Russia <> Ukraine ceasefire talks - Zelensky will meet with Putin on Thursday to discuss a potential ceasefire
Zero1 Labs’s technical roadmap - Zero1 Labs will release an updated technical roadmap for 2025-26 this week
Stacks’s sBTC Cap-3 release - Stacks will increase the cap for sBTC, its BTC-backed asset for DeFi, on May 15
Registration for Resolv Airdrop - The registration deadline for the Resolv Airdrop is May 16. 10% of the $RESOLV token supply is allocated to the airdrop
Token unlocks - $65M worth of APT will be unlocked on May 12
Metis’s network upgrade - Metis Andromeda L2 will undergo a major network upgrade on May 14, which will increase its decentralization
Together with Reown
THE STATE OF ONCHAIN UX
In 2025, one thing is clear:
The next wave of crypto adoption will be driven by better UX.
But you can’t fix what you don’t understand - fortunately, Reown just gave us one of the clearest looks yet at how people are actually using crypto.
As the team behind WalletConnect, Reown has been defining onchain UX since 2018.
Their latest report, The State of Onchain UX, is a comprehensive deep dive into wallet behavior, user preferences, and evolving on-chain trends.
Here are some key findings:
Most users use multiple wallets, mostly due to liquidity fragmentation, interoperability issues, and security concerns
Mobile wallets dominate, but hardware wallets are surging in popularity
Stablecoins are seeing a massive increase in adoption, with their ownership being up from 20% to 37% in the last year
Ethereum has matured into a settlement layer, Solana is leading in high-frequency trading, and Base is capturing experimental builders
If you’re building an on-chain app, this report is a must-read. It’ll help you spot what are the main UX issues - and what users actually want next.
Check out The State of Onchain UX 2025 report →
🛠️A tool for tracking DeFi fundamentals
If you invest based on fundamentals, Token Terminal is a must-use platform.
This tool can be seen as a financial data aggregator for blockchains and dApps. Using it, you can find a lot of interesting data for every major dApp:
Fees
Revenue
Expenses
Net earnings
Total Value Locked
Trading volume for DEXs and active loans for money markets
Total token holders and active users
…. and much more
In addition to this, Token Terminal also has a section called “Market Sectors” which shows the top projects in each category and how they compare.
You can check out Token Terminal here.
6 Alpha Threads
How to get better at crypto
A deep dive into yield-bearing stablecoins
The state of Solana
9 underrated crypto tools
An overview of Ethereum’s Pectra upgrade
Liquidity wars 3.0
And that’s all for now.
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Have a fantastic day!
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