Project Progress

According to Anza, Solana's research and development organization, the Alpenglow consensus algorithm upgrade entered live testing on the community test cluster on May 11. Alpenglow redesigns Solana's core consensus mechanism, replacing the existing TowerBFT with new voting and data propagation

According to Decrypt, Circle launched Agent Stack on May 12, a toolkit that enables AI agents to independently hold funds, pay fees, and transact with USDC without human intervention. The suite includes an agent wallet, command-line interface, agent marketplace, and a nano-payment protocol

Ripple CTO Emeritus David Schwartz joined the XRP Ledger Foundation as an honorary board member, adding technical guidance from one of the ledger’s original architects. The role comes as the Foundation expands leadership across engineering, operations, and community work. Key Takeaways: David

Sharplink reported first-quarter 2026 revenue of $12.1 million on Monday, a significant increase from $742,000 in the same period last year, driven primarily by staking income from its treasury strategy, according to the company's earnings disclosure. Financial Results and Holdings Despite

According to the Ethereum Foundation announcement on Monday, Will Corcoran, Kev Wedderburn, and Fredrik were named new co-leads of the Protocol cluster. The reorganization comes as prominent developers Barnabé Monnot and Tim Beiko plan to depart the organization, while Alex Stokes goes on

Sharplink reported first-quarter 2026 revenue of $12.1 million on Monday, up from $742,000 in the same period last year, with staking income from its treasury strategy as the primary driver, according to the company. As of May 4, Sharplink held 872,984 ETH, valued at nearly $2.4 billion at

Key Insights Hedera entered the insurance sector through HashSphere integration, creating steady HBAR transaction demand tied directly to property data verification. Eight leading United States property insurers joined the initiative, strengthening Hedera’s enterprise adoption narrative and

According to The Block, Ronin, the gaming blockchain developed by Sky Mavis, will migrate from an independent Ethereum sidechain to an OP Stack-based Layer 2 network on May 12, with approximately 10 hours of scheduled downtime during which all network transactions and onchain game actions will

According to BlockBeats, Creek Finance launched its core protocol on Sui mainnet on May 12, integrating Matrixdock's XAUm gold token. The protocol enables users to fractionalize, collateralize, trade, and generate yield on tokenized physical gold, with XAUm backed 1:1 by physical gold and verified t

According to the Ethereum Foundation, the Glamsterdam upgrade devnet has launched with core execution layer components now stable across multiple clients. ePBS (external proposer separation) is running stably in the Glamsterdam-devnet, and EIP-8037 has completed

According to BlockBeats, Frax Finance announced on May 12 that Tangent project deposits will launch on May 18, with frxUSD set as the default stablecoin alongside USDC support. Users can participate by providing USDC or frxUSD liquidity, earning yields and TAN token allocations while locking

According to Foresight News, Huma Finance's legacy v1 contract deployed on Polygon was exploited by attackers today, resulting in a loss of 101,400 USDC. The protocol stated that user funds remain unaffected and its PST token is unimpacted. The v2 system on Solana, a complete rebuild, is not

According to Sky Ecosystem, the USDS OFT cross-chain bridge on Solana resumed operations on May 11 following the completion of a security review related to an rsETH vulnerability. Sky stated that neither the Sky Protocol nor USDS contracts were affected during the review period, and USDS remained f

According to Luffa's official announcement on May 10, the Web3 messaging platform rolled out a major update adding wearable device support, NFT-verified communities, and Solana wallet integration. The update enables compatibility with Wear OS and Apple Watch devices, allowing users to manage

According to CoinDesk, Solana's core development team Anza announced that the Alpenglow consensus upgrade has gone live on the community testnet, allowing validators to switch from the current Proof-of-Stake, Proof-of-History, and TowerBFT architecture to the new consensus framework. The upgrade

According to Foresight News, Circle released the Arc blockchain whitepaper on May 5. The mainnet launch is planned for summer 2026, with testnet operations beginning in October 2025. As of May 5, the testnet has processed 244.1 million transactions. Arc is positioned as an institutional-grade blockc

According to Ondo Finance, on May 11, Ondo launched support for bridging 35 tokenized equities and ETFs—including SPYon, NVDAon, and TSLAon—from Ethereum and BNB Chain to Hyperliquid's HyperEVM via Ondo Bridge. The integration enables users to combine tokenized assets with Hyperliquid perpetual

According to CoinDesk, Ronin will migrate from an independent sidechain to Ethereum Layer 2 via hard fork on May 12, bringing approximately 10 hours of network downtime during which all transfers, swaps, contract interactions, and on-chain gaming activities will be paused. The upgrade introduces

According to BlockBeats, Tether launched a developer grant program on May 11, offering USDT or Bitcoin rewards ranging from $1,500 to $4,000 per task. The program has no total funding cap and distributes rewards based on technical deliverables. The initiative focuses on Tether's open-source

According to Circle's Q1 2026 earnings report, USDC on-chain transaction volume reached $21.5 trillion in the first quarter, up 263% year-over-year. Circle reported total revenue and reserve earnings of $694 million, representing a 20% increase compared to the same period last year. The company