Weekly Preview | Federal Reserve Holds Payment Innovation Conference, Covering Topics Like Stablecoins; Meteora and HyperSwap May Both Conduct TGEs

This article outlines key blockchain and crypto events scheduled for the week of October 20-26, 2025.

Key Events by Date:

  • October 20:

    • Ethereal perpetual contract DEX protocol mainnet launch.
    • Major token unlocks: LayerZero (ZRO) and KAITO.
    • U.S. CFTC public comment deadline for crypto asset regulation.
    • Binance activities: supporting ZKsync Era upgrade, listing SavannaSurvival (SVSA), and stopping OCEAN (ERC20) deposits.
    • HyperSwap potential TGE.
  • October 21:

    • Federal Reserve Payment Innovation Conference, covering stablecoins and tokenization.
    • Binance Futures delists certain perpetual contracts; Binance Alpha lists SigmaDotMoney (SIGMA).
    • Coinbase suspends OMNI perpetual contract trading.
  • October 22:

    • 4th ETHShanghai 2025 Main Summit begins, featuring Vitalik Buterin and other leaders.
    • Coinbase Derivatives launches SUI futures.
    • Major token unlocks: Scroll (SCR) and MBG.
  • October 23:

    • Solana liquidity protocol Meteora holds its TGE (token MET).
    • Wanxiang's 11th Blockchain Global Summit.
    • Falcon Finance "Perryverse" NFT public minting begins.
    • Lido community proposal voting ends.
    • SOON token unlock.
  • October 24:

    • U.S. Bureau of Labor Statistics releases the September CPI report.
    • European Central Bank to submit a digital euro progress report.
  • October 25:

    • Coinbase suspends services for a 4-hour technical upgrade.
    • OKX completes a technical upgrade for USDT on Solana.
    • Token unlocks for Plasma (XPL), Humanity (H), and Venom (VENOM).
  • October 26:

    • Claim deadlines for airdrops from Huma Finance (Phase 2) and Mira Foundation.
Summary

Important news:

  • Ethereal, a perpetual contract DEX protocol, plans to launch its mainnet on October 20th.
  • LayerZero (ZRO) will unlock approximately 25.71 million tokens at 7:00 PM Beijing time on October 20th, accounting for 7.86% of the current circulating supply and worth approximately $44.2 million.
  • The Federal Reserve will hold a payment innovation conference on October 21st, covering topics such as new use cases and business models for stablecoins and the tokenization of financial products and services.
  • HyperSwap, the Hyperliquid ecosystem DEX project, may hold a TGE on October 20th; Meteora, the Solana ecosystem liquidity protocol, will hold a TGE on October 23rd.
  • The 4th ETHShanghai 2025 Main Summit will be held on October 22
  • Wanxiang's 11th Blockchain Global Summit will be held on October 23
  • The U.S. Bureau of Labor Statistics will release the September CPI report at 8:30 p.m. Beijing time on October 24.
  • Plasma (XPL) will unlock approximately 88.89 million tokens at 8:00 PM Beijing time on October 25th, accounting for 4.97% of the current circulation and worth approximately $36.9 million.

October 20

Policy supervision:

The U.S. CFTC has launched a new round of crypto asset regulation, with the deadline for comments on the move set to October 20.

Acting Chairwoman Caroline D. Pham of the U.S. Commodity Futures Trading Commission (CFTC) announced the launch of the next phase of its crypto asset regulatory oversight, implementing the recommendations of the Presidential Task Force on Digital Asset Markets. The CFTC will collaborate with the SEC's Project Crypto to promote federal spot trading of digital assets. The public can submit comments on the CFTC's website by October 20th, and the recommendations will be publicly released.

Exchange:

Binance will support the ZKsync Era (ZK) network upgrade and hard fork on October 20th.

Binance will suspend token deposits and withdrawals for the ZKsync Era (ZK) network at 3:30 PM (ET) on October 20, 2025, to support a network upgrade and hard fork. The project plans to conduct the network upgrade and hard fork at 4:30 PM (ET) on October 20, 2025.

Binance Alpha to List SavannaSurvival (SVSA) on October 20

Binance Alpha will list SavannaSurvival (SVSA) on October 20th. Eligible users can claim the airdrop using Binance Alpha Points after trading opens. More details will be announced soon.

Binance will stop supporting Ocean Protocol (OCEAN) token deposits on ERC20 on October 20th.

Binance will stop supporting deposits of Ocean Protocol (OCEAN) tokens on the Ethereum network (ERC20) at 11:00 AM (GMT+8) on October 20, 2025. After this date, Ocean Protocol (OCEAN) tokens deposited via the Ethereum network (ERC20) will not be credited to users' accounts, potentially resulting in asset loss.

Project News:

Ethereal, a perpetual contract DEX protocol, plans to launch its mainnet on October 20th.

Ethereal, a spot and perpetual contract trading platform built on USDe, announced on the X platform that the Ethereal Mainnet Alpha will be launched on October 20.

HyperSwap has opened an airdrop query tool, which indicates that TGE will be launched on October 20.

HyperSwap, the Hyperliquid ecosystem DEX project, has launched an airdrop query tool, but claims are not yet open. Previously, HyperSwap hinted that the TGE would take place on October 20th.

Token unlocking:

LayerZero (ZRO) will unlock approximately 25.71 million tokens at 7:00 PM Beijing time on October 20th, accounting for 7.86% of the current circulating supply and worth approximately $44.2 million.

KAITO (KAITO) will unlock approximately 8.35 million tokens at 8:00 PM Beijing time on October 20th, accounting for 3.06% of the current circulating supply and worth approximately US$8.7 million.

October 21

Policy supervision:

The Federal Reserve will hold a payment innovation conference on October 21

The Federal Reserve announced it will hold a Payments Innovation Conference on October 21st, focusing on innovation and improvements in the payment system. The conference will cover topics such as the convergence of traditional and decentralized finance, new use cases and business models for stablecoins, the intersection of artificial intelligence and payments, and the tokenization of financial products and services. The conference will be livestreamed on the official website. Federal Reserve Governor Waller will deliver the opening remarks at the Federal Reserve Board's Payments Innovation Conference at 9:00 PM Beijing Time.

Exchange:

Binance Futures will delist SLERFUSDT U-margined and CHZUSD coin-margined perpetual contracts on October 21st

According to an official announcement, Binance Futures will delist the SLERFUSDT U-margined and CHZUSD coin-margined perpetual swaps. The auto-liquidation times will be 5:00 PM on October 21, 2025, and 6:00 PM on October 21, 2025, respectively. After the auto-liquidation period, Binance Futures will delist the aforementioned perpetual swaps. Additionally, Binance Futures will update the leverage and margin tiers for the SLERFUSDT U-margined perpetual swaps at 2:30 PM on October 20, 2025. This update will be completed within approximately one hour.

Binance Alpha to List SigmaDotMoney (SIGMA) on October 21st

Binance Alpha will initially list SigmaDotMoney (SIGMA) on October 21st. Eligible users can claim the airdrop using Binance Alpha Points after trading opens. More details will be announced soon.

Coinbase will suspend OMNI perpetual contract trading on October 21 and conduct final settlement

Coinbase Markets announced that it will suspend trading of Omni Network (OMNI) perpetual contracts at 6:30 PM (Beijing Time) on October 21, 2025. The final settlement price will be the average index price for the 60 minutes prior to the suspension, and the final funding rate cycle will be set to 0. All open positions will be automatically settled, and Coinbase reserves the right to adjust the settlement price.

October 22

Exchange:

Coinbase Derivatives to Launch SUI Futures on October 22

Coinbase Derivatives will launch SUI futures contracts on October 22. The contracts are provided by Coinbase Derivatives and will be listed on Coinbase through approved FCM partners for use by retail and institutional traders.

Conferences and Events:

ETHShanghai 2025 will open on October 22nd

The fourth annual ETHShanghai conference will be held in Shanghai from October 18th to 22nd, 2025, with two main components: a hackathon and a main summit. The hackathon , held from October 18th to 21st, will focus on three tracks: AI x ETH, DeFi x Infrastructure, and Public Goods x Open Source Development. With a total prize pool of $15,000, 200 developers will be selected from over 500 applicants, and 30-40 projects will be incubated and launched on-site in Shanghai. Winning projects will receive funding, incubation recommendations, and ecosystem partnership opportunities. The winning team will also be able to present their work on the main stage of the Wanxiang Summit to top investment institutions.

The main summit will be held on October 22nd, when more than 40 industry leaders, including Ethereum co-founder Vitalik Buterin, Wanxiang Holdings Vice Chairman and Wanxiang Blockchain Chairman Xiao Feng, the new co-executive directors of the Ethereum Foundation Hsiao-Wei Wang and Tomasz Stańczak, and ETHPanda co-founder Bruce Xu, will take the stage to discuss core topics such as Ethereum expansion, modular ecology, developer growth and long-term security.

Token unlocking:

MBG (MBG) will unlock approximately 15.84 million tokens at 8:00 PM Beijing time on October 22, accounting for 11.97% of the current circulation and worth approximately US$17.1 million.

Scroll (SCR) will unlock approximately 82.5 million tokens at 8:00 AM Beijing time on October 22, accounting for 43.42% of the current circulating supply and valued at approximately $14.4 million.

October 23

Project News:

Falcon Finance will launch the NFT series Perryverse, and open public minting from October 23rd to 24th

Falcon Finance, a subsidiary of DWF Labs, announced the launch of equity-based NFTs. Staking 1,000 FF tokens offers a chance to be whitelisted for Falcon's first NFT series, "Perryverse." Whitelist winners will be randomly selected from eligible stakers. A total of 3,500 NFTs will be minted, with a whitelist minting price of 1,000 FF tokens, a public minting price of 2,000 FF tokens, and a special minting price (for qualified stakers or whitelisted users who missed the minting opportunity) of 1,900 FF tokens. A snapshot of staked FF tokens will be taken on October 20th to determine whitelist eligibility. Whitelist eligibility will be announced on October 21st, whitelist minting will begin on October 22nd, and public minting will begin on October 23rd and 24th.

Meteora: TGE will be held on October 23rd, the token name is MET

Solana's ecological liquidity protocol Meteora announced that it will conduct a TGE on October 23, and the token name is MET.

Proposal voting:

The Lido community launched two snapshot proposals: one for cross-chain collaboration and the other for standard node operation protocol updates. Voting for both proposals closed on October 23rd.

The Lido community has launched two new snapshot proposals. The first authorizes the Lido Ecosystem Foundation to lead cross-chain partnerships. The second updates the Standard Node Operator Protocol (SNOP) policy, proposing to update Lido on Ethereum validator SNOP to v3 to integrate a triggerable withdrawal framework and align SNOP with recent updates (definition, scope, and accountability). Voting for both proposals ends at 12:00 AM on October 23rd.

Conferences and Events:

Wanxiang's 11th Blockchain Global Summit will be held on October 23

PANews has compiled a selection of surrounding activities for everyone, covering different types such as Meetups and hackathons, and will continue to update them.

Token unlocking:

SOON (SOON) will unlock approximately 15.21 million tokens at 4:30 PM Beijing time on October 23rd, accounting for 4.52% of the current circulating supply and worth approximately US$12.8 million.

October 24

Macroeconomics:

The U.S. Bureau of Labor Statistics will release the September CPI report on October 24.

The U.S. Bureau of Labor Statistics will release the September CPI report at 8:30 a.m. on October 24 (8:30 p.m. Beijing time).

Policy supervision:

ECB Executive Committee: Will submit digital euro progress report on October 24

Piero Cipollone, a member of the European Central Bank's executive board, said that as efforts to promote the implementation of the digital euro project intensify, the digital euro is expected to become a reality in 2029. Last week, the eurozone finance ministers reached an agreement on setting limits on customer holdings. Cipollone believes this is a "major breakthrough" and sees momentum for development. On Tuesday, he said at the Bloomberg Financial Future event that discussions at the member state level were going smoothly, and it is expected that mid-2029 may be a reasonable launch date. The biggest obstacle at present is that the European Parliament needs legislative support. After submitting a progress report on October 24, members will have six weeks to propose amendments and another five months for discussion. The parliament's position may be known by early May. Cipollone also said that the overall direction, that is, an agreement between member states, should be reached before the end of the year.

October 25

Exchange:

Coinbase will suspend services on October 25th for a technical system upgrade, which is expected to take 4 hours.

Coinbase Markets announced that Coinbase Exchange will temporarily suspend service at approximately 7:00 AM Pacific Time on October 25, 2025 (10:00 PM Beijing Time on October 25, 2025) for a planned technical system upgrade. At that time, all trading services on Coinbase.com (simple and advanced trading), Coinbase Exchange, and Coinbase Prime will be suspended. All transfers on the Coinbase exchange will be suspended, and any ongoing transfers will be delayed.

The maintenance outage will be divided into two phases. The entire process is expected to take up to four hours to complete, though this estimate is subject to change. Phase 1: Technical system upgrade (estimated to take up to two hours). Phase 2: Trading system restart (estimated to take up to two hours, but may take longer depending on market conditions). Trading is expected to be temporarily suspended before 7:00 AM Pacific Time, prior to the start of the exchange-wide maintenance outage.

OKX: Technical solution upgrade for USDT transactions on Solana chain will be completed on October 25

In response to user feedback, OKX said that it will complete the technical solution upgrade for USDT transactions on the Solana chain on October 25.

Token unlocking:

Plasma (XPL) will unlock approximately 88.89 million tokens at 8:00 PM Beijing time on October 25th, accounting for 4.97% of the current circulation and worth approximately $36.9 million.

Humanity (H) will unlock approximately 62.5 million tokens at 8:00 AM Beijing time on October 25th, accounting for 3.01% of the current circulating supply and worth approximately US$7.3 million.

Venom (VENOM) will unlock approximately 59.26 million tokens at 4:00 PM Beijing time on October 25th, accounting for 2.23% of the current circulating supply and worth approximately $6.2 million.

October 26

Project News:

The second phase of Huma Finance's first quarter airdrop will close on October 26th.

Huma Finance announced on the X platform that the second phase of its Season 1 airdrop is now live, allowing users to claim and stake HUMA tokens. The claim window will close at 1:00 PM UTC on October 26th. Staking HUMA will earn a 10% annualized yield.

Mira Foundation: MIRA token claims will close on October 26

The Mira Foundation announced that MIRA tokens are now available for claiming. Eligible community members must register and complete verification to claim their tokens. Eligibility for this airdrop will be determined by a snapshot taken at 08:00 Beijing Time on September 22, 2025. Participants for the initial airdrop include early ecosystem users, node delegates (Drops 1 and 2), Kaito Yappers, and Kaito ecosystem stakers. Eligible KAITO token stakers in Season 1 will receive 0.20% of the token supply, as will recognized members of the Discord community and OKX Quest participants. The registration deadline is 7:00 PM Beijing Time on October 2, 2025 (UTC), and the claim deadline is 8:00 PM Beijing Time on October 26, 2025.

Share to:

Author: 一周预告

This article represents the views of PANews columnist and does not represent PANews' position or legal liability.

The article and opinions do not constitute investment advice

Image source: 一周预告. Please contact the author for removal if there is infringement.

Follow PANews official accounts, navigate bull and bear markets together
App内阅读