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Cryptocurrency analyst The DeFi Investor has shared his weekly watchlist highlighting the upcoming major developments. The prominent projects and dates this week are as follows:
- Ethereum (ETH): Ethereum’s highly anticipated Pectra upgrade will go live on May 7. The upgrade aims to improve the network’s performance and user experience.
- Sonic (S): The Sonic Summit event will begin on May 6. This summit could be important in terms of the project’s roadmap and ecosystem plans.
- Polkadot (DOT): Polkadot will soon launch the Polkadot app, which will allow users to stake, shop, and save from a single app.
- Hyperliquid (HYPE): The project's new fee system and staking levels will be active on May 5. Users who stake HYPE will receive a discount on transaction fees.
- Bitcoin (BTC): The FED interest rate decision, which closely concerns the crypto markets, will be announced on May 8. This decision may affect the entire market, especially BTC.
- Berachain (BERA): Boyco funds will be unlocked on May 6. This could lead to a significant drop in the platform’s total locked value (TVL).
- Coinbase: US-based crypto exchange Coinbase's earnings call will take place on May 8.
- Conflux (CFX): Voting on the CFX token burn proposal will end on May 5.
*This is not investment advice.