Token Events

Jack Dorsey’s announced “Bitcoin Faucet Day” is intended to encourage local merchants to accept Bitcoin payments. Users can use it to support merchants and receive rewards. Square and Cash App have launched the “Bitcoin Payments Bounty” program, which offers a $25 reward for finding merchants that haven’t accepted Bitcoin payments and completing the first transaction, running until April 27. Participation is simple, with additional incentive rewards.

Gate News update, April 7, Fluent posted a tweet saying that registration is now open for the BLEND token public offering, targeting $1 million in funding with a FDV of $100 million, with full unlock at TGE. On April 13, the token public offering will close, and the mainnet will go live 2 weeks after the end of the public offering. The total supply of the BLEND token is 1 billion, with an initial unlock of 75 million; 100 million will be allocated to the foundation, 225 million to investors, 200 million to the team, and 400 million to ecosystem expansion.

Ether treasury companies may need to use liquid staking and other active yield strategies if they want to offer investors something beyond the staking rewards already available through listed Ether products, Kean Gilbert, head of institutional relations at

According to on-chain analysts monitoring by Ai Yi, on April 7, a suspected Etherfi investor address again received ETHFI tokens worth $6.01 million; it has cumulatively received 54.53 million ETHFI tokens, totaling $35.9M.

The PENGU brand’s success in entering Walmart and Target marks its growing influence in the physical retail market. However, the PENGU token is for entertainment only and does not confer any economic rights. Holders should pay attention to market risks and to brand development updates.

Pi Network has completed the distribution of rewards for the first round of KYC verification. With more than 1 million validators contributing to the confirmation of 18 million global identities, the reward pool exceeds 26 million Pi Coin. This progress marks a key step toward the mainnet launch, demonstrating the efficiency of human–machine collaboration, optimizing performance mechanisms, and attracting more users to participate.

Sam Altman was compared to SBF and Bernie Madoff in a New Yorker investigative piece, leading to a trust crisis as Worldcoin’s price fell 2.9%. Altman’s integrity has been called into question, affecting investor confidence. OpenAI governance issues have also added to market unease, so WLD holders need to closely monitor how events unfold.

Pi Network has completed the distribution of rewards to participants who passed the first round of KYC verification. More than 1 million verifiers helped verify approximately 18 million users’ identities, completing 526 million review checks in total, with the reward pool reaching 26.5 million Pi. Eligible verifiers can receive a reward of about 0.0504 Pi per task, and must complete 50 tasks by 2026. New users can still participate in subsequent rewards; the program will optimize performance measurement metrics to influence future reward allocation.

High-performance Layer 2 protocol MegaETH recently released an investor memo, outlining on-chain progress and updates to the Mafia ecosystem, and clearly set out a KPI-based token generation event plan. GMX, through its deployment on MegaETH, delivers real-time trading experiences with performance close to that of a centralized exchange, further narrowing the performance gap between DeFi and CEX. The team commits to driving stablecoin adoption and the growth of functional applications through accountability mechanisms, and expects to achieve major progress in April.

In early April, Circle minted $3.25 billion USDC on the Solana blockchain, setting the largest single-week issuance record since 2026, indicating rising DeFi activity and demand for institutional capital inflows. As a liquidity medium, USDC supports trading and lending across the Solana ecosystem, and its huge coin-minting volume also underscores Solana’s important role in stablecoin settlement. Analysis suggests that the flow of funds will affect market impact strength.

Web3 fan platform OneFootball Club announced that the BALLS points leaderboard is not a final ranking, and users outside the top 25k may also qualify. All participants will receive a FanPass multiplier to use for future token air drops, and up to 100k OFC tokens will be allocated to actual contributors, with reward percentages that include different vesting periods. The claim window will remain open for 2 weeks; any unclaimed portion will be returned to the treasury.

Ethena officially announced that it will expand USDe’s collateral types after obtaining approval from an independent risk committee, with the goal of reducing concentration risk and achieving collateral structure diversification. It will cover four areas: institutional stablecoin lending and borrowing, real-world assets, basis trading in stocks and commodities, and financing for trading institutions.

The essay discusses advancements in machine learning for Bitcoin transaction classification, highlights Zcash's increasing use of shielded transactions, and outlines the growth of decentralized liquidity in bypassing KYC. It also covers Zcash's post-quantum initiatives and its recent organizational restructuring.

Polymarket plans to launch a new USDC-backed collateral token, Polymarket USD, as part of a comprehensive platform upgrade. This move aims to enhance control over settlement and liquidity. The potential introduction of a POLY token for governance could further refine market integrity, following controversies in its current governance system.

Circle Internet Group minted $3.25 billion in USDC on the Solana blockchain, marking the largest weekly issuance in 2026. This move reflects Circle's strategy to enhance USDC's accessibility and capitalize on Solana's speed and low fees amid rising stablecoin demand.

Gate News message. On April 6, according to The Block, South Korea’s payments and banking giant Toss disclosed that it is considering developing its own blockchain network and issuing a native cryptocurrency. Insiders say Toss may build on a Layer1 mainnet and is exploring Layer2 expansion solutions, but has not yet made a final decision on what architecture to use. Related decisions are influenced by the progress of South Korea’s “Digital Asset Basic Act,” which will regulate key areas such as token issuance, stablecoins, and crypto ETFs.

Solana treasury company Sharps Technology released its financial report through 2025, showing that it holds more than 2 million SOL tokens, with 95% actively staked. Total revenue for fiscal year 2025 was about $7 million, net staking income was $6.8 million, and total assets reached $269.1 million.

According to on-chain analyst Yu Jin’s monitoring, Spark completed its first month of token buybacks on April 6, spending 571,957 USDS to purchase 26.66 million SPK tokens at an average price of $0.0215. The buyback program is expected to run for 12 months, with an annual buyback-to-circulation rate of up to 12%.

The essay highlights challenges in direct RWA token exposure, emphasizes the potential in leverage opportunities amid settlement delays, critiques Morpho's governance token structure, and presents Fluid as a more effective token model with stablecoin links.

This week will see multiple token unlocks totaling more than $36 million. The main ones include APT, BABY, and LINEA, among others, with unlock dates concentrated from April 6 to April 13, impacting the share of circulating supply for each.