Project Progress

Gate News: On March 17, Sanctum, a Solana ecosystem liquid staking token (LST) protocol, announced the launch of Infinity V2. The new version achieves three core upgrades: support for real-time distribution of staking rewards per slot (the smallest time unit on the Solana blockchain), introduction of a yield smoothing mechanism to optimize user experience, and optimization adjustments to the underlying portfolio configuration. The INF token will be the first LST to support slot-level continuous yield distribution.

Lido is advancing a community staking module upgrade by introducing the "Identified DVT Cluster" (IDVTC) mechanism to optimize Ethereum staking structure, lower participation barriers, and enhance network security and stability. Each IDVTC comprises vetted stakers and leverages Distributed Validator Technology (DVT) to reduce systemic risk and increase decentralization. This feature will launch in 2026, demonstrating Lido's commitment to enhancing system resilience through architectural optimization and maintaining competitiveness.

Mistral AI released the open-source code agent Leanstral, designed specifically for Lean 4 formal verification, capable of generating code and proofs that can be automatically validated. The model employs a sparse MoE architecture, outperforming other leading models, and offers free downloads and API calls.

The decentralized finance project World Liberty Financial (WLFI) passed a vote with 99% approval on March 14, introducing a three-tier investor privilege framework. Under this framework, "super nodes" are required to lock 50 million WLFI tokens (approximately $5.3 million) for at least 180 days to gain opportunities to discuss matters with WLFI executives. The project has received support from the Trump family but has sparked controversy due to the connection between investments and politics, particularly triggering investigations regarding investments from the UAE royal family.

The Russian Central Bank plans to submit a proposal allowing digital financial assets (DFA) to circulate on open blockchains such as Ethereum to counter Western sanctions and attract foreign investment. If the bill passes in 2026, it will improve the current market structure that relies on domestic demand and provide new opportunities for Russian enterprises in international capital markets. However, technical integration and legal barriers still need to be overcome.

Gate News, on March 17, Sui Developers released a tweet stating that Sui's new virtual machine has been launched for testing, and a bug bounty program has been simultaneously opened. According to the introduction, the new virtual machine launched this time includes three core technology upgrades: a complete rewrite of the execution engine, faster caching mechanisms, and a next-generation Move language upgrade.

Blockchain data platform Messari announced that CEO Eric Turner has resigned, with CTO Diran Li taking over as CEO, and the company has conducted layoffs to restructure as an "AI-first" organization. This transformation aims to leverage AI to automate research processes and improve analytical efficiency, aligning with the AI adoption trend in the crypto market. The layoffs reflect a common phenomenon across the crypto industry, emphasizing the reduction of traditional headcount with concentrated resources directed toward AI development.

The Solana Foundation has launched Tokens on Solana, a token search and liquidity aggregator that consolidates various token variants of non-native assets, offering a one-stop search function and key data to help users identify the best trading opportunities. Additionally, it will utilize AI and manual curation to publish global news.

Neutron has announced a shift to long-term maintenance mode, banning new deposits and planning to deactivate the DEX. dNTRN can be exchanged for NTRN. The token supply will be adjusted dynamically. Hadron Labs will transition to community support after June 30th. The team made this decision due to worsening market conditions and a lack of strategic direction.

Metaplex Foundation has signed a Memorandum of Understanding with K Wave Media to jointly advance the "Gaon Project," which will transition K-pop, Korean dramas, and other Korean Wave cultural intellectual properties on-chain. The project encompasses four core pillars: intellectual property on-chain, global liquidity, fan community empowerment, and content distribution, with the aim of innovating the tokenization of Korean cultural IP and exploring new financing and content distribution models.

On March 17, StableStock launched Hong Kong stock trading functionality, supporting 160+ Hong Kong stocks and ETF trading, allowing users to trade directly with stablecoins. The platform partners with licensed broker HabitTrade, with fees close to traditional brokers, and complies with Hong Kong Exchanges and Clearing Limited trading hours.

Gate News report: On March 17, privacy wallet infrastructure platform Privy launched its "Balance Earnings" (Earn) feature. The feature is powered by Morpho, with risk strategies provided by Steakhouse Financial and Gauntlet, and will support Aave and Kamino in the future. The official statement indicates that users can deposit their application balances into curated DeFi vaults with just a few

Pi Network (PI) token closed at $0.1955 on Monday after declining for four consecutive trading days. Last week, Pi developers launched on-chain smart contracts through a v20 node upgrade and announced plans for a second mainnet migration. From a technical perspective, the PI price is currently stable near the 50-day EMA and the 61.8% Fibonacci retracement level, a position that has historically been associated with technical rebounds.

XRP Ledger is developing zero-knowledge proof (ZKP) technology to enable selective privacy protection. Meanwhile, the ledger will support confidential tokens while balancing transparency and compliance. XRP is currently trading at $1.46, and in the short term needs to break through the key resistance of $1.50 to push higher toward more elevated targets.

ZetaChain launched ZetaChain 2.0 on March 17, introducing ANUMA AI, a privacy-first AI chat platform that supports multi-model access and maintains context. The platform combines features such as cryptographic identity, private memory layers, and automatic routing, while launching reward initiatives to attract user migration.

On March 16, Global Dollar Network and Paxos jointly launched the stablecoin USDG on the Pendle platform, with total value locked breaking through $46 million in a short period of time. USDG became one of the first assets to participate in Pendle's limit order rewards experiment, allowing users to earn yields of up to 8.90% through liquidity provision.

VersaBank disclosed that it has already successfully concluded the pilot of its deposit tokens issued on Ethereum, Stellar, and Algorand. The institution’s RBTDs are interest-bearing and awaiting regulatory confirmation for federal deposit insurance. Publicly traded VersaBank (VBNK) revealed that