Weekly Preview | The Federal Reserve will hold a Payment Innovation Conference, covering topics such as stablecoins; Meteora and HyperSwap may both conduct their TGE.

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News Preview:

  • The perpetual contract DEX protocol Ethereal plans to launch its mainnet on October 20.
  • LayerZero (ZRO) will unlock approximately 25.71 million tokens at 7 PM Beijing time on October 20, accounting for 7.86% of the current circulation, valued at about $44.2 million.
  • The Federal Reserve will hold a Payment Innovation Conference on October 21, covering topics such as new use cases and business models for stablecoins, tokenization of financial products and services, and more.
  • The Hyperliquid ecosystem DEX project HyperSwap may conduct its TGE on October 20; the Solana ecosystem liquidity protocol Meteora will conduct its TGE on October 23.
  • The 4th ETHShanghai 2025 Summit will be held on October 22.
  • Wanxiang's 11th Global Blockchain Summit will take place on October 23.
  • The U.S. Bureau of Labor Statistics will release the September CPI report at 8:30 PM Beijing time on October 24.
  • Plasma (XPL) will unlock approximately 88.89 million tokens at 8 PM Beijing time on October 25, accounting for 4.97% of the current circulation, valued at about $36.9 million.

October 20

Policy and Regulation:

The U.S. CFTC launches a new round of cryptocurrency asset regulatory initiatives, with public comments due by October 20

Caroline D. Pham, acting chair of the U.S. Commodity Futures Trading Commission (CFTC), announced that the CFTC will initiate the next phase of its cryptocurrency asset regulatory "sprint" to implement recommendations from the President's Working Group on Digital Asset Markets report. The CFTC will collaborate with the SEC's Project Crypto to advance federal-level digital asset spot trading. The public can submit comments via the CFTC's official website before October 20, and relevant suggestions will be published.

Exchanges:

Binance will support the ZKsync Era (ZK) network upgrade and hard fork on October 20

Binance is expected to suspend token deposits and withdrawals for the ZKsync Era (ZK) network at 3:30 PM (UTC+8) on October 20, 2025, to support its network upgrade and hard fork. The project team anticipates the network upgrade and hard fork will occur at 4:30 PM (UTC+8) on October 20, 2025.

Binance Alpha will list SavannaSurvival (SVSA) on October 20

Binance Alpha will list SavannaSurvival (SVSA) on October 20. Eligible users can claim airdrops using Binance Alpha points on the Alpha event page after trading opens. More details will be announced soon.

Binance will stop supporting Ocean Protocol (OCEAN) token deposits on ERC20 on October 20

Binance will stop supporting Ocean Protocol (OCEAN) token deposits on the Ethereum network (ERC20) at 11:00 AM (UTC+8) on October 20, 2025. After this time, Ocean Protocol (OCEAN) tokens deposited via the Ethereum network (ERC20) will not be credited to users' accounts, which may result in asset loss.

Project Updates:

The perpetual contract DEX protocol Ethereal plans to launch its mainnet on October 20

The spot and perpetual contract trading platform Ethereal, built on USDe, announced on platform X that Ethereal Mainnet Alpha will launch on October 20.

HyperSwap has launched an airdrop query tool, hinting at a TGE on October 20

The Hyperliquid ecosystem DEX project HyperSwap has launched an airdrop query tool, but claiming is not yet open. Previously, HyperSwap hinted that the TGE would be on October 20.

Token Unlocking:

LayerZero (ZRO) will unlock approximately 25.71 million tokens at 7 PM Beijing time on October 20, accounting for 7.86% of the current circulation, valued at about $44.2 million.

KAITO (KAITO) will unlock approximately 8.35 million tokens at 8 PM Beijing time on October 20, accounting for 3.06% of the current circulation, valued at about $8.7 million.

October 21

Policy and Regulation:

The Federal Reserve will hold a Payment Innovation Conference on October 21

The Federal Reserve announced it will hold a Payment Innovation Conference on October 21, focusing on innovations and improvements in payment systems. The conference will cover topics such as the integration of traditional finance and decentralized finance, new use cases and business models for stablecoins, the intersection of artificial intelligence and payments, and the tokenization of financial products and services. The conference will be live-streamed on the official website, with Federal Reserve Governor Waller delivering the opening speech at 9 PM Beijing time during the Payment Innovation Conference.

Exchanges:

Binance Futures will delist SLERFUSDT U-based and CHZUSD coin-based perpetual contracts on October 21

According to the official announcement, Binance Futures will delist SLERFUSDT U-based and CHZUSD coin-based perpetual contracts, with automatic liquidation times set for 5 PM and 6 PM (UTC+8) on October 21, 2025, respectively. After the automatic liquidation ends, Binance Futures will delist the aforementioned perpetual contract trading pairs. Additionally, Binance Futures will update the leverage and margin tiers for the SLERFUSDT U-based perpetual contract at 2:30 PM (UTC+8) on October 20. This update is expected to be completed within an hour.

Binance Alpha will list SigmaDotMoney (SIGMA) on October 21

Binance Alpha will be the first to list SigmaDotMoney (SIGMA) on October 21. Eligible users can claim airdrops using Binance Alpha points on the Alpha event page after trading opens. More details will be announced soon.

Coinbase will suspend Omni perpetual contract trading and conduct final settlement on October 21

According to Coinbase Markets' announcement, the platform will suspend trading of Omni Network (OMNI) perpetual contracts at 6:30 PM (Beijing time) on October 21, 2025. The final settlement price will be the average index price over the 60 minutes prior to the suspension, and the last funding rate period will be set to 0. All open contracts will be automatically settled, and Coinbase reserves the right to adjust the settlement price.

October 22

Exchanges:

Coinbase Derivatives will list SUI futures on October 22

Coinbase Derivatives will list SUI futures contracts on October 22, provided by Coinbase Derivatives and listed on Coinbase through approved FCM partners for retail and institutional traders.

Conference Events:

ETHShanghai 2025 will open on October 22

The 4th ETHShanghai Conference will be held from October 18 to 22, 2025, in Shanghai, featuring two main segments: a hackathon and a main summit. The hackathon will take place from October 18 to 21, focusing on three main tracks: AI × ETH, DeFi x Infra, and public goods x open-source development, with a total prize pool of $15,000. This event will select 200 developers from over 500 applicants, with 30-40 projects being incubated on-site in Shanghai. Winning projects will receive funding, incubation recommendations, and ecosystem connection opportunities, and the champion team will have the chance to present their results on the main stage of the Wanxiang Summit to top investment institutions.

The main summit will be held on October 22, featuring over 40 industry leaders, including Ethereum co-founder Vitalik Buterin, Wanxiang Holdings Vice Chairman and Wanxiang Blockchain Chairman Xiao Feng, Ethereum Foundation's new co-executive directors Hsiao-Wei Wang and Tomasz Stańczak, and ETHPanda co-founder Bruce Xu, discussing core topics such as Ethereum scalability, modular ecosystems, developer growth, and long-term security.

Token Unlocking:

MBG (MBG) will unlock approximately 15.84 million tokens at 8 PM Beijing time on October 22, accounting for 11.97% of the current circulation, valued at about $17.1 million.

Scroll (SCR) will unlock approximately 82.5 million tokens at 8 AM Beijing time on October 22, accounting for 43.42% of the current circulation, valued at about $14.4 million.

October 23

Project Updates:

Falcon Finance will launch the NFT series Perryverse, with public minting from October 23 to 24

Falcon Finance, under DWF Labs, announced the launch of equity-based NFTs, where staking 1,000 FF tokens will provide an opportunity to enter the whitelist for Falcon's first NFT series "Perryverse." Whitelist winners will be randomly selected from eligible stakers. The total issuance of this NFT series is 3,500 NFTs, with a whitelist minting price of 1,000 FF, a public minting price of 2,000 FF, and a special minting price (for eligible stakers or whitelist users who missed the minting opportunity) of 1,900 FF. A snapshot of staked FF tokens will be taken on October 20 to determine whitelist eligibility, with the whitelist eligibility announced on October 21, whitelist minting starting on October 22, and public minting from October 23 to 24.

Meteora: TGE on October 23, token name MET

The Solana ecosystem liquidity protocol Meteora announced that it will conduct its TGE on October 23, with the token name MET.

Proposal Voting:

Lido community initiates two snapshot proposals: involving cross-chain cooperation and updates to the standard node operator agreement, with voting ending on October 23

The Lido community has initiated two new snapshot proposals. The first is to authorize the Lido Ecosystem Foundation to lead cross-chain related partnerships; the second is to update the Standard Node Operator Agreement (SNOP) policy, proposing to upgrade the Ethereum validator export on SNOP to v3 to integrate a withdrawal-triggering framework and align SNOP with recent updates (definitions, scope, and liabilities). The voting deadline for both proposals is October 23 at 00:00.

Conference Events:

Wanxiang's 11th Global Blockchain Summit will be held on October 23

PANews has compiled a selection of surrounding events, covering different types such as meetups and hackathons, and will continue to update.

Token Unlocking:

SOON (SOON) will unlock approximately 15.21 million tokens at 4:30 PM Beijing time on October 23, accounting for 4.52% of the current circulation, valued at about $12.8 million.

October 24

Macroeconomics:

The U.S. Bureau of Labor Statistics will release the September CPI report on October 24

The U.S. Bureau of Labor Statistics will release the September CPI report at 8:30 AM (Beijing time 8:30 PM) on October 24.

Policy and Regulation:

ECB Executive Board Member: Progress report on digital euro to be submitted on October 24

Piero Cipollone, a member of the European Central Bank's Executive Board, stated that with increased efforts to advance the digital euro project, the digital euro is expected to become a reality by 2029. Last week, Eurozone finance ministers reached an agreement on customer holding limits, which Cipollone considers a "significant breakthrough," and he sees positive momentum. On Tuesday, he mentioned at a Bloomberg Financial Future event that discussions at the member state level are progressing smoothly, and mid-2029 may be a reasonable launch date. The main obstacle currently is the need for legislative support from the European Parliament. After submitting the progress report on October 24, members will have six weeks to propose amendments, followed by five months of discussions. By early May, the Parliament's position may be known, and Cipollone also indicated that a general guideline should be reached by the end of the year, meaning an agreement among member states.

October 25

Exchanges:

Coinbase will suspend services on October 25 due to a technical system upgrade, expected to take 4 hours

According to Coinbase Markets' announcement, Coinbase Exchange will suspend services around 7 AM Pacific Time on October 25, 2025 (10 PM Beijing time on October 25, 2025) due to a planned technical system upgrade. At that time, all trading services on Coinbase.com (both simple and advanced trading), Coinbase Exchange, and Coinbase Prime will be suspended. All transfer services on Coinbase Exchange will also be paused, and any ongoing transfers will be delayed.

This maintenance will occur in two phases. The entire process is expected to take a maximum of 4 hours, although this estimate may vary. The first phase: technical system upgrade (expected to take up to 2 hours). The second phase: trading system restart (expected to take up to 2 hours, with the actual duration possibly extended due to market conditions). Trading is expected to be paused shortly before 7 AM Pacific Time, prior to the overall maintenance start time.

OKX: Technical solution upgrade for USDT trading on the Solana chain to be completed on October 25

OKX responded to user feedback, stating that a technical solution upgrade for USDT trading on the Solana chain will be completed on October 25.

Token Unlocking:

Plasma (XPL) will unlock approximately 88.89 million tokens at 8 PM Beijing time on October 25, accounting for 4.97% of the current circulation, valued at about $36.9 million.

Humanity (H) will unlock approximately 62.5 million tokens at 8 AM Beijing time on October 25, accounting for 3.01% of the current circulation, valued at about $7.3 million.

Venom (VENOM) will unlock approximately 59.26 million tokens at 4 PM Beijing time on October 25, accounting for 2.23% of the current circulation, valued at about $6.2 million.

October 26

Project Updates:

Huma Finance's first season airdrop phase two will close the claiming window on October 26

Huma Finance announced on platform X that its first season airdrop phase two is now live, allowing users to claim and stake HUMA tokens. The claiming window will close at 1 PM UTC on October 26. Staking HUMA can earn a 10% annualized yield.

Mira Foundation: MIRA token claiming will end on October 26

The Mira Foundation announced that MIRA tokens are currently open for claiming, and eligible community members must register and complete verification to receive the tokens. Eligibility for this airdrop is determined by a snapshot taken at 8 AM Beijing time on September 22, 2025. The first airdrop participants include early ecosystem users, node delegators (Drop 1 and 2), Kaito Yappers, Kaito ecosystem stakers: the first season eligible KAITO token stakers will receive 0.20% of the token supply, recognized members of the Discord community, and OKX Quest participants. The registration deadline is 7 PM Beijing time on October 2, 2025 (UTC); the claiming deadline is 8 PM Beijing time on October 26, 2025.

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