Weekly Preview | Federal Reserve Announces Interest Rate Decision; MegaETH Token TGE to be Traded on April 30th

Key events this week in crypto and macro:

  • Macro: Fed FOMC rate decision on Apr 30, likely Powell's last press conference; PCE and GDP data release the same day.
  • Projects: MegaETH MEGA token TGE on Apr 30; Rayls public mainnet launch with staking; Strategy proposes semi-monthly STRC dividends, filing Apr 28; BNB Chain Osaka hard fork on Apr 28.
  • Exchanges: Binance delists DEGO, DENT, TRU and several perpetuals on Apr 28-29; Binance debit card registration ends Apr 30.
  • Closures: Atomicals Market, UX Chain, DeBox vBOX, Magic Eden wallet shutting down by Apr 30/May 1.
  • Token unlocks: Apr 30: GUN, KMNO, OP, ZORA; May 1: SUI (~$40M), EIGEN, ZETA.
Summary

Breaking News Preview:

  • Strategy has proposed adjusting the frequency of STRC preferred stock dividends to once every two weeks, and will submit formal documents and initiate voting on April 28.
  • At 02:00 on April 30, the Federal Reserve FOMC will announce its interest rate decision; at 02:30, Powell may hold his last monetary policy press conference.
  • The Rayls public chain mainnet will officially launch at 23:00 on April 30th, and will simultaneously launch a staking program and the native stablecoin USDr;
  • MegaETH announced that its MEGA token, TGE, will be available on April 30th.
  • Starting May 1, Nasdaq will remove the 10% minimum free float requirement and introduce a new "fast track" rule.
  • Sui (SUI) will unlock approximately 42.62 million tokens at 8:00 AM Beijing time on May 1st, representing about 1.08% of the circulating supply, with a value of approximately $40 million.

April 27

Macroeconomics:

Sources: The second round of US-Iran talks is scheduled for April 27.

Sources say the second round of Iran-US talks is scheduled for April 27.

Project Updates:

Alibaba's HappyHorse will gradually open API testing starting April 27th.

Alibaba Cloud ATH announced that HappyHorse-1.0 will gradually open its API testing through the Alibaba Cloud Bailian platform starting April 27th, with enterprise customers being the first batch of invited testers. Alibaba ATH revealed that Alibaba has been deeply involved in the field of AI video generation for many years. The HappyHorse project is led by the ATH Innovation Business Unit, in collaboration with multiple teams including Alibaba Platform Technology, Tongyi Lab, and Taotian Technology. After the open testing at the end of April, HappyHorse-1.0 will be officially released for commercial use in May.

Kalshi teases a major announcement on April 27th.

Prediction market platform Kalshi tweeted a teaser for a major announcement on April 27th in New York City. The community speculates this may be the introduction of perpetual contracts.

April 28

Exchange:

Binance will delist DEGO, DENT, and TRU on April 28.

Binance will delist the Dego Finance (DEGO), DENT, and TrueFi (TRU) spot trading pairs on April 28, 2026 at 11:00 (UTC +8), and will terminate related trading bots, instant swaps, and small asset exchanges.

Binance Futures will delist USDⓈ-M perpetual contracts such as B3 and DEGEN on April 28th.

Binance Futures will close and settle B3USDT, DEGENUSDT, and BOBUSDT contracts at 17:00 (UTC+8) on April 28. New positions will be prohibited for the above contracts starting 30 minutes before their respective settlement dates, and only position reductions will be allowed.

Binance will delist VINEUSDT and AIUSDT perpetual contracts on April 28.

Binance Futures will automatically settle and delist the USDⓈ-M VINEUSDT and AIUSDT perpetual contracts at 18:00 (UTC+8) on April 28, 2026. Users will be unable to open new positions from 17:30 (UTC+8) on April 28, 2026.

Project Updates:

Everstake will withdraw from the Celestia validator network by April 28.

Everstake has announced its withdrawal from the Celestia ecosystem by April 28th, at which time it will no longer provide services as a $TIA validator. Everstake reminds current $TIA holders staking on its nodes to redeem their tokens or restake them to other validators before that date to avoid affecting their staking rewards or equity.

Strategy has proposed adjusting the frequency of STRC preferred stock dividends to once every two weeks, and will submit formal documents and initiate voting on April 28.

Strategy has proposed adjusting its STRC preferred stock dividend program, changing the dividend frequency from monthly to bi-weekly. The company stated that this move could "reduce reinvestment lag, improve liquidity, enhance market efficiency, and strengthen price stability." The proposal is scheduled to be formally filed and put to a vote on April 28, with voting concluding on June 8. If approved, the dividend program will take effect on June 30, with the first payment on July 15. STRC is a perpetual preferred stock designed to trade at a par value close to $100 while paying a variable cash dividend; the current annualized dividend yield is 11.5%.

BNB Chain will undergo an Osaka/Mendel hard fork upgrade on April 28th.

BNB Chain announced that it will implement the Osaka/Mendel hard fork upgrade on April 28, 2026 at 10:30 AM. This upgrade includes 9 BEPs, adopting 6 Ethereum EIPs and introducing 2 BNB Chain-specific optimizations. The upgrade focuses on achieving better execution, more stable performance, and faster final confirmation to address real-world use cases. This includes limiting the block size cap, optimizing the gas billing mechanism, improving the in-memory voting pool for Fast Finality, and adding CLZ opcodes and the eth_config JSON-RPC method.

April 29

Exchange:

Binance Futures will delist USDⓈ-M perpetual contracts, including ZKJ, on April 29th.

Binance Futures will close and settle ZKJUSDT, IRUSDT, and DAMUSDT contracts at 17:00 (UTC+8) on April 29th, and will be delisted immediately after settlement. Opening new positions for these contracts will be prohibited 30 minutes before their respective settlement dates; only reducing existing positions is permitted.

April 30

Macroeconomics:

At 02:00 on Thursday, April 30, the Federal Reserve FOMC will announce its interest rate decision; at 02:30, Federal Reserve Chairman Powell may hold his last monetary policy press conference.

At 20:30, the following data will be released: US initial jobless claims for the week ending April 26, US March PCE price index, US March personal spending month-on-month rate, US Q1 labor cost index quarter-on-quarter rate, US Q1 real GDP annualized quarter-on-quarter rate (preliminary), US Q1 real personal consumption expenditure quarter-on-quarter rate (preliminary), and US Q1 core PCE price index annualized quarter-on-quarter rate (preliminary).

Exchange:

Binance has launched a debit card page; registration for interest applications closes on April 30th.

Binance recently launched a Binance Debit Card page, where users can register their interest until April 30th. Users will be notified once support is available in their region. According to the introduction, users can use assets such as USDC, USDT, FDUSD, and BNB from their Binance Wealth Management accounts for everyday card spending, with Mastercard as the partner network. Users can enjoy up to 3% cashback without affecting their investment returns. Some industry insiders point out that upstream issuers likely do not accept KYC verification from mainland China, so this feature may not be currently supported for mainland users.

Project Updates:

The Rayls public blockchain mainnet will launch at 23:00 on April 30th, with the RLS deflation mechanism starting simultaneously.

The Rayls Public Chain mainnet will officially launch at 23:00 Beijing time on April 30th, simultaneously introducing a staking program and the native stablecoin USDr. After the mainnet launch, network fees will trigger automatic RLS buybacks, 50% burning, and validator reward distribution. Starting in April 2026, the foundation will also burn an additional 10% of the monthly unlocked shares to strengthen the deflationary mechanism.

MegaETH announced that its MEGA token, TGE, will be available on April 30th.

Ethereum Layer 2 project MegaETH announced on the X platform that it will launch its MEGA token TGE on April 30.

Atomicals Market will officially close on April 30th.

Atomicals Market, the Atomicals ecosystem trading platform, has announced its official closure on April 30, 2026. The platform states that current order books and bids are all off-chain data and will no longer be displayed after the closure; users do not need to perform any additional operations on their orders. The project team reminds users to withdraw their assets or export their private keys from AM Wallet before April 30th to avoid losing access to their assets through the wallet interface due to service termination.

Cosmos' ecosystem lending blockchain, UX Chain, has announced its closure and will begin liquidation on April 30.

UX Chain, the lending blockchain within the Cosmos ecosystem, announced on the X platform that it will be gradually shutting down. The platform's liquidation process will begin on April 30th, with a complete shutdown expected by May 15th. Users are required to close out any open positions before this date. UX reserves and the treasury will be used to cover the protocol's funding shortfall; specific details will be announced on the governance forum.

DeBox announced that its vBOX service will be discontinued on April 30th.

Web3 social platform DeBox announced that due to platform business adjustments, the vBOX service will be shut down at 23:59 on April 30, 2026. Users must complete the automatic withdrawal of points through the original system channel before this date, free of charge. From May 1st, the automatic withdrawal channel will be permanently closed, and unwithdrawn points will be frozen. Afterwards, only manual withdrawal applications will be supported, with additional handling fees and a longer processing time.

Token unlocking:

Gunz (GUN) will unlock approximately 354 million tokens at 9 PM Beijing time on April 30th, representing approximately 17.00% of the circulating supply, worth approximately $5.5 million.

Kamino (KMNO) will unlock approximately 229 million tokens at 8 PM Beijing time on April 30th, representing about 3.26% of the circulating supply, worth approximately $4.5 million.

Optimism (OP) will unlock approximately 31.34 million tokens at 8:00 AM Beijing time on April 30th, representing approximately 1.53% of the circulating supply, with a value of approximately $3.9 million.

Zora (ZORA) will unlock approximately 166.7 million tokens at 8:00 AM Beijing time on April 30th, representing about 3.57% of the circulating supply, with a value of approximately $2.3 million.

May 1

Macroeconomics:

At 21:45 on Friday, May 1st, the final reading of the US S&P Global Manufacturing PMI for April will be released.

Starting May 1st, Nasdaq will remove the 10% minimum free float requirement and introduce a new "fast track" rule.

Nasdaq announced that starting May 1, 2026, it will officially remove the 10% minimum free float threshold and introduce a new "fast track" rule, allowing mega-IPOs to be included in the Nasdaq 100 index within approximately 15 trading days.

Project Updates:

The Solana Foundation will implement a new validator delegation program starting May 1st.

The Solana Foundation announced that it will implement new validator delegation requirements starting May 1, 2026. This adjustment aims to improve network performance and user experience, and the monitoring platform Ghost will assist in tracking and publishing network health metrics.

The new requirements include scheduling ordering (using FIFO or priority fee ordering within 50ms or less), regular shred release (releasing shreds every 50ms, or immediately after a full erasure batch merge), prohibition of reviewing transactions received via TPU, and prohibition of delaying transactions received via TPU beyond the allowed 50ms batch time. SFDP will cover the voting costs for participants joining the program in the first year, with the subsidy amount gradually decreasing over time, and coverage ending after 12 months. Furthermore, the total network staking percentage held by an operating ASN cannot exceed 25%, and the total network staking percentage held by an operating data center cannot exceed 15%.

Magic Eden wallet will cease operations completely on May 1st.

NFT marketplace Magic Eden has announced that its native wallet will enter export-only mode on April 1st and cease operation completely on May 1st. Users must export their private keys or mnemonic phrases before then, otherwise their assets will be unrecoverable. The wallet has been removed from major app stores, and new wallets cannot be downloaded or restored. Magic Eden had previously shut down its Ethereum and Bitcoin marketplaces, shifting its focus to entertainment and the Dicey application. The ME token will remain the core of the ecosystem's incentives, with stakers receiving USDC rewards, and the project has established a ME buyback program.

Token unlocking:

Sui (SUI) will unlock approximately 42.62 million tokens at 8:00 AM Beijing time on May 1st, representing about 1.08% of the circulating supply, with a value of approximately $40 million.

EigenCloud (EIGEN) will unlock approximately 36.82 million tokens at 12:00 PM Beijing time on May 1st, representing approximately 7.01% of the circulating supply, with a value of approximately $6.6 million.

ZetaChain (ZETA) will unlock approximately 44.26 million tokens at 8:00 AM Beijing time on May 1st, representing about 3.25% of the circulating supply, with a value of approximately $2.5 million.

May 2

Token unlocking:

Omni Network (OMNI) will unlock approximately 7.99 million tokens at 7 PM Beijing time on May 2nd, representing about 23.25% of the circulating supply, worth approximately $5.3 million.

Ethena (ENA) will unlock approximately 40.63 million tokens at 3 PM Beijing time on May 2nd, representing about 0.50% of the circulating supply, with a value of approximately $4.4 million.

May 3

None available

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Author: 一周预告

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