Project Progress

# Ethereum Foundation Points Out That L2's Goal Shifts Towards Providing Differentiated Features and Market Strategies, While L1 Continues as a Permissionless Settlement Hub. The Article Emphasizes That L2 Should Achieve Interoperability and Secure Exits, and States It Will Expand L1 Capacity and Research Rollup Technology to Enhance Platform Experience and Liquidity.

Glider and Ondo Finance launched a platform enabling individual investors to build and automate tokenized US stock portfolios without a brokerage account, featuring on-chain baskets, flexible weighting, and off-hours trading, while addressing liquidity issues of previous ETF models.

Pi Network has recently faced price declines, but technical indicators such as RSI approaching oversold levels and community sentiment remaining positive. Despite bullish signals, increased exchange reserves and upcoming token unlocks present bearish risks, with potential selling pressure likely to suppress prices. Market conditions require close monitoring.

Crypto management platform Tally will shut down after more than 5 years, as CEO Dennison Bertram announces. Despite handling over $1 billion in transactions and attracting over 1 million users, market conditions hindered further growth and token release.

The Solana Foundation released a report indicating that institutional demand for cryptocurrency will no longer rely solely on transparency, but will require flexible control over privacy disclosure. The report defines four privacy modes and emphasizes that high-throughput technology can support zero-knowledge proofs to balance privacy and compliance requirements, while proposing an "audit key" mechanism to address regulatory challenges.

The Solana Foundation released a report emphasizing that enterprises need flexible privacy controls and should view privacy as a customizable feature. The report introduces four privacy modes, acknowledges that there is no single best model, and encourages enterprises to combine them based on their needs. Solana's high performance can support the application of privacy technologies, proposing an "audit key" mechanism to enable coexistence between privacy and regulation.

Balancer protocol co-founder Fernando Martinelli announced that Balancer Labs company entity will be shut down due to development burdens, legal risks, and lack of revenue sources. The core team will merge into Balancer OpCo through governance voting, while the protocol itself will continue to operate.

Aave DAO launched community discussions on March 23rd through a proposal to initiate Aave V4 deployment, receiving 100% support. This upgrade introduces a Hub and Spoke architecture that enhances capital efficiency and improves liquidity, with mainnet launch expected to be completed this year, strengthening GHO integration and liquidation mechanisms.

_Evernorth files SEC Form S-4 to go public on Nasdaq via SPAC merger, plans XRP treasury strategy, yield program, and blockchain validator support._ XRP treasury company Evernorth filed papers to go public in the United States. The company filed a Form S-4 with the US Securities and Exchange

Gate News reported that on March 23, MagicEden posted on the X platform stating that it will increase the core revenue allocation for ME token buybacks and staker dividends from the previous 15% to 30% in the third quarter.

Aave V4 Ethereum mainnet activation proposal has passed voting, adopting a modular Hub-and-Spoke architecture designed for refined risk pricing and credit expansion. Initially, multiple liquidity hubs will be established with safety as the primary objective, with subsequent configuration adjustments by the DAO. After 345 days of security review, it will launch on pro.aave.com and submit risk parameters for formal activation.

MoonPay released the Open Wallet Standard (OWS) on March 23, an open-source wallet standard designed to provide a unified wallet standard for the AI economy, supporting multiple blockchains and adopting secure key management mechanisms. The standard has been launched on multiple platforms.

Personal AI Agent platform Starchild integrated Stripe payment system on March 23, streamlining user payment processes and introducing multiple social login options to enhance registration and access convenience. The platform is committed to providing seamless AI services to global users and building an inclusive ecosystem.

OpenClaw released a new version on March 22, introducing the ClawHub plugin marketplace, support for MiniMax M2.7, GPT-5.4-mini, and GPT-5.4-nano models, and the launch of a single-agent inference feature. It also integrates OpenShell and SSH sandbox environments, along with access to multiple search tools.

Katana, a blockchain nurtured by Polygon Labs, has acquired IDEX and launched Katana Perps, a platform for perpetual futures trading that integrates both spot and derivatives. This marks a significant step for CEO Matthew Fisher as Katana aims to capitalize on the booming on-chain derivatives market.

Author: Jae, PANews On March 19, Solana's stablecoin supply officially crossed the historic threshold of $17 billion. This figure not only set a new record for the Solana network, but also reflects the resilience of its ecosystem in expanding against the trend during a bear market, advancing toward the goal of "Internet Capital Markets." Behind the $17 billion is no longer driven by simple MEME coin speculation frenzy, but rather the result of policy dividends, Wall Street institutional integration, and ecosystem synergistic effects. From Stripe to PayPal, from Visa to BlackRock, giants from Wall Street and Silicon Valley are influencing Solana's development with real money. From $1.5 billion to $17 billion, a steep recovery

Japan's SBI VC Trade, under the SBI Holdings financial group, will launch USDC lending services in 2026, providing users with annualized returns. This is Japan's first lending service targeting stablecoins, with an anticipated annual interest rate of 5%. This service not only introduces new yield options but also expands the financial applications of stablecoins, demonstrating Japan's emphasis on the legitimacy and operational standards for stablecoin utilization.

Pi Network has upgraded to Protocol 20, enabling smart contracts and apps on its network. This shift moves the focus from mobile mining toward real use cases. The rollout will be careful and gradual, including audits and community feedback before going live. Reactions are mixed, with excitement for growth and caution about past delays. The next phase involves testing smart contracts, aiming to establish real utility in the Web3 space.

This publication is provided by the client. The text below is a paid press release that is not part of Cointelegraph.com independent editorial content. The text has undergone editorial review to ensure quality and relevance, it may not reflect the views and opinions of Cointelegraph.com. Readers