Project Progress

The architect of Ethereum believes the network must evolve at its core. As scaling demands rise and zero knowledge systems expand, structural limitations have begun to surface. Instead of minor tweaks, he now proposes a deep redesign that targets foundational inefficiencies. Vitalik Buterin

OnGreen recently announced that Yemen leader Sheikh Nabil Mohammed Ali Al Khamary has officially joined as a Co-Founder, aiming to strengthen its green transformation strategy in the Middle East and North Africa, and to promote business influence and capital networks. Sheikh Nabil believes that through Oasis Journey, land reclamation and green asset tokenization can be achieved, exploring new pathways for sustainable development and social value coexistence.

Pi Network has completed its March 1 node upgrade. This marks another step in the project’s ongoing decentralization push. Pi Network news today reports that more than 421,000 active nodes are now securing the network following the mandatory protocol v19.9 upgrade. The milestone is being framed as a

Pi Network is poised for a significant change by March 2026, transitioning from experimentation to practicality. While hype has fueled community expectations, real adoption and liquidity remain challenges. Balance between expectation and reality is crucial for future success.

Magic Eden announces the gradual shutdown of its Ethereum and Bitcoin NFT businesses, focusing on the online casino Dicey. CEO Jack Lu stated that an imbalance between costs and benefits prompted the transformation, and two months of closed beta testing for Dicey have demonstrated early demand. In the future, resources will be concentrated on businesses with greater profit potential, while the Solana NFT marketplace and the "NFT Bundle" product will still be maintained.

Maitong MSX and Republic collaborate to launch the Pre-IPO Private Equity Tokenization Zone, breaking the high barriers and information asymmetry of traditional investments, connecting ordinary investors with investment opportunities in unlisted companies. This market is gradually entering the mainstream and may trigger a restructuring of capital structures, although it still faces challenges such as regulation and liquidity.

Solana ecosystem NFT marketplace MagicEden will cease supporting Ethereum Virtual Machine and Bitcoin markets starting March 9, with related services gradually shutting down. CEO Jack Lu stated that the NFT buyback program will be terminated, and resources will be redirected to online casinos and sports betting, while maintaining the profitable NFTPack product to focus on the development of crypto entertainment.

Vitalik Buterin pointed out that artificial intelligence significantly improves Ethereum development efficiency, and the AI-completed 2030 roadmap prototype demonstrates the potential to accelerate core upgrades. He emphasized that while using AI for programming, attention must be paid to code security risks, and he recommends combining AI with security audits to promote "bug-free code" as an industry standard. At the same time, Buterin is focused on the Ethereum Foundation's "Strawmap" plan, which will prioritize upgrades to key technologies such as account abstraction in the future.

Gate News Bot Message, March 02, according to CoinMarketCap data, as of press time, ARC (AI Rig Complex) is currently priced at $0.04, up 36.22% in the past 24 hours, with a high of $0.13 and a low of $0.02. The 24-hour trading volume reached $135 million. The current market capitalization is approximately $40.6 million, an increase of $10.8 million compared to yesterday. ## Recent Important News about ARC: 1️⃣ **Circle-led ARC Public Chain Ecosystem Continues to Improve** ARC, a Layer 1 blockchain compatible with EVM launched by Circle for stablecoins, has completed its public testnet launch and attracted participation from top global institutions including BlackRock, Visa, and Anthropic.

In a recent podcast, Cardano founder Charles Hoskinson affirmed the project's resilience amidst market volatility and competition, emphasizing steady infrastructure development and a disciplined, research-based approach for sustainable growth.

MicroStrategy founder Michael Saylor recently issued a signal of increased Bitcoin holdings, expecting to announce new purchase data this week. The company holds 717,722 Bitcoins with an average purchase cost of $76,020, and an unrealized loss of $6.5 billion. MicroStrategy also adjusted the dividend of its perpetual preferred stock STRC to 11.50%, indicating a shift in capital strategy. MSTR's stock price continues to decline, mainly due to a $12.4 billion loss in the fourth quarter, which has affected market sentiment.

Bitcoin (BTC) rebounded from weekend lows, trading around $66,700 on March 2. A mysterious account made precise bets on a U.S. airstrike against Iran, while the Trump camp faces allegations of "insider trading." Vitalik outlined Ethereum's execution layer roadmap, focusing on two major changes: state trees and virtual machines.

The Ethereum Foundation has released a blueprint called "Strawmap," which plans to complete 7 hard forks by 2029, significantly improving transaction speed and throughput. The goals include achieving second-level finality and scaling to 10,000 TPS. This development plan aims to enhance network security and stability to meet the future demands of more users and applications.

Foresight News reports that the NFT series Pudgy Penguins is launching a mystery box redemption event. Users can choose to exchange the mystery box for a physical box or destroy it to receive a soul-bound token. The choice will be irreversible once made. The option to redeem the soul-bound token will be available until March 4th, and the physical box option will be available until September 1st.

PANews March 2 News, the BNB Chain launch platform Four.Meme announced on X that the new mode Agentic Mode will be launched this week. In this mode, Meme will be created and operated by AI Agents, bringing a brand new way of launching, operating, and on-chain interaction.

Gate News Update, March 2nd. According to CoinMarketCap data, as of press time, VVV (Venice Token) is currently priced at $6.63, up 24.08% in the past 24 hours. The highest price reached $6.65, while the lowest dipped to $3.18. The 24-hour trading volume is $43.6 million. The current market capitalization is approximately $294 million, an increase of $57 million from yesterday. ## Recent Important News about VVV: 1️⃣ **Airdrop Completion and Token Burn Event** Venice's airdrop program has officially concluded, with $100 million worth of unclaimed VVV tokens being burned. This move directly reduces the circulating supply in the market, enhancing the token's scarcity and supporting its price. The burn event signals the project's emphasis on ecosystem stability, which helps to

Ethereum co-founder Vitalik Buterin discussed the Ethereum execution layer roadmap on social media, including changes to the state tree and virtual machine. He supports upgrading the Merkle Patricia tree to a binary tree to improve efficiency and reduce verification costs. At the same time, he recommends replacing the EVM with RISC-V architecture to enhance execution and proof efficiency, as well as simplify code implementation. The overall deployment will be carried out in three steps to ensure backward compatibility.