This Week's Key Events Preview | U.S. to Release April CPI Data; U.S. Senate Banking Committee to Review "Digital Asset Market Structure Act of 2025"

链捕手Published on 2026-05-11Last updated on 2026-05-11

Abstract

Weekly News Preview: Key events for May 12-16 include major economic and crypto industry developments. On Tuesday, May 12, the U.S. will release its April CPI data. Additionally, the gaming blockchain Ronin will begin a 10-hour migration to an Ethereum Layer 2, built on OP Stack with EigenDA for data availability. This aims to leverage Ethereum's security and settle RON's annual inflation below 1%. Base's first independent network upgrade, "Base Azul," is scheduled for mainnet activation on Wednesday, May 13, focusing on security, performance, and developer experience enhancements. Thursday, May 14, sees the U.S. Senate Banking Committee voting on the "Digital Asset Market Structure Act of 2025." In other news, Solana DeFi protocol Carrot will shut down, setting a final withdrawal deadline due to impacts from the Drift exploit. The Moscow Exchange will launch futures trading for Solana, Ripple, and Tron indices (RUB-settled) for qualified investors. Multiple service closures are scheduled for Friday, May 15. Dmail Network will begin winding down due to unsustainable infrastructure costs and failed commercialization. Users must export data before this date. Separately, the Cosmos-based lending blockchain UX Chain will fully shut down. Finally, on Saturday, May 16, gaming infrastructure provider Lattice will wind down operations, with its Redstone Layer 2 network ceasing. Users are urged to withdraw assets, especially from contracts like Uniswap pools, before the shutdown.

Compiled by:Jerry, ChainCatcher

Key Highlights:

The United States will release April CPI data on May 12.
Base's independent network upgrade "Base Azul" is scheduled to launch on mainnet on May 13.
The U.S. Senate Banking Committee will review the "Digital Asset Market Structure Act of 2025" on May 14.
Dmail Network will gradually cease all services starting May 15.

May 12 (Tuesday)

The United States will release April CPI data on May 12

The U.S. will release April CPI data at 20:30 Beijing Time on May 12.

Ronin to Migrate to Ethereum Layer 2 on May 12, Mainnet Will Be Down for Approximately 10 Hours

The gaming public chain Ronin announced it will migrate to Ethereum Layer 2 on May 12. On-chain operations will experience a downtime window of approximately 10 hours, with normal operations resuming after migration is complete. Its underlying architecture will be built on OP Stack and will use EigenDA as the data availability layer.

It is recommended that users unstake their RON before the migration date, or the system will automatically unstake for users after migration is complete. The core goal of this migration is to allow Ronin to leverage Ethereum's security, data availability, and final settlement capabilities, while injecting mature on-chain gaming infrastructure into the Ethereum ecosystem. As the underlying network for well-known on-chain games like Axie Infinity and Pixels, this move is seen as a significant milestone in Ronin's ecosystem development.

After the migration, the annual inflation rate of RON will be reduced from over 20% to below 1%. The treasury will gain sustained revenue from staking, Sequencer net profits, and Marketplace fees (increasing their share from 0.5% to 1.25%).

May 13 (Wednesday)

Base's Independent Network Upgrade "Base Azul" is Scheduled to Launch on Mainnet on May 13

Base announced that its first independent network upgrade, Base Azul, is now live on the testnet, with a target mainnet activation date of May 13, 2026. This upgrade marks Base's first network-level upgrade conducted independently of OP Stack.

Officials stated that Azul will bring improvements in three areas: security, performance, and developer experience. Azul will enable a multi-proof mechanism for Base, `base-reth-node` will become its sole execution client, and the adoption of the latest execution layer specification (Osaka) will align Base with Ethereum. Users do not need to take any action for this upgrade.

May 14 (Thursday)

U.S. Senate Banking Committee to Review "Digital Asset Market Structure Act of 2025" on May 14

According to crypto journalist Eleanor Terrett, the U.S. Senate Banking Committee will review H.R.3633, the "Digital Asset Market Structure Act of 2025," at 10:30 AM ET on May 14. Committee members will then vote on the bill text and related amendments.

If the bill passes the committee, the Banking Committee version will be merged with the portion overseen by the Senate Agriculture Committee to form a final version, which will then be submitted to the full Senate for a vote.

DeFi Protocol Carrot Announces Impending Shutdown, May 14 is the Deadline for Fund Withdrawals

According to an official announcement, the Solana ecosystem DeFi protocol Carrot has announced it will soon shut down. Carrot stated that the Drift exploit had a catastrophic impact on its continued operations. Carrot has set May 14 as the deadline for withdrawing remaining funds from Boost, Turbo, and CRT. After this date, the system will begin deleveraging, bringing all leverage to zero and releasing all liquidity for CRT redemption. Carrot said any recovered funds from Drift will still be distributed as previously promised, but there is no specific timeline currently.

Moscow Exchange to Launch Solana, Ripple, and Tron Futures Trading on May 14

According to a Bits.media report, the Moscow Exchange has announced it will launch new cash-settled futures trading for indices of three digital assets – Solana, Ripple, and Tron – on May 14. Participation will be restricted to qualified investors only.

These instruments will be settled in Russian Rubles and will not involve physical delivery of the digital assets. The Solana index futures will be quoted in US Dollars, with both the minimum price fluctuation and the tick value set at $0.01. The Ripple and Tron index futures will have a minimum price fluctuation of $0.0001 and a tick value of $0.01. The contract term will be one month, with the last trading day being the last Friday of each month. Contracts expiring in June, July, and August will be available starting May 14. Additionally, the Moscow Exchange will begin calculating and publishing indices for four cryptocurrencies – Solana, Ripple, Tron, and BNB – starting May 13.

May 15 (Friday)

Dmail Network Will Gradually Cease All Services Starting May 15

The privacy email system Dmail Network stated officially that after a long period of evaluation, strategic pivoting, and internal discussions, it has decided to gradually cease all services starting May 15, 2026. The main reasons cited are: excessively high costs for decentralized infrastructure (bandwidth, storage, computing), making sustainable operations difficult; failure to find an effective paid model or commercialization path; lack of a clear large-scale use case and closed-loop economic model for the token; underestimation of the cooling crypto market; departure of core team members leading to insufficient operational capabilities; and unsuccessful attempts at subsequent financing and acquisitions.

Users must export their email content to other platforms (such as Gmail) via the official portal before May 15. After exporting, they can apply for account deletion. Upon deletion, all data (emails, NFT domains, points, associated social addresses, etc.) will be permanently deleted. After services cease, nodes will no longer run, and emails will become inaccessible.

Cosmos Ecosystem Lending Blockchain UX Chain to Cease Operations Completely on May 15

According to a post from the official UX Chain X account (@ux_xyz), the UX Chain platform has announced the initiation of a shutdown plan. Users are required to clear all open positions before the platform's full liquidation commences on April 30. The protocol is expected to shut down completely on May 15.

UX reserves and treasury funds will be used to cover the protocol's funding gap. Specific details will be announced on the UX governance forum.

May 16 (Saturday)

Gaming Infrastructure Lattice Announces Phased Business Closure, Its Redstone Network to Cease Operations on May 16

Gaming infrastructure company Lattice has announced it will phase out its business after five years of operation. Its Layer 2 network, Redstone, will cease operations at 07:59 on May 16, 2026.

Lattice reminds users to withdraw their funds before this deadline, particularly assets in contracts such as Uniswap pools. After the shutdown, only an L1 withdrawal contract will be deployed for extracting balances from externally owned accounts. Funds remaining in smart contracts will be irretrievable.

It is understood that Lattice, founded in 2021, developed tools like the MUD framework, Redstone chain, Quarry, and Dozer but failed to achieve a sustainable business model. The team used remaining funds for a final project, the autonomous world DUST, but its scale did not reach a level sufficient to support the business, and they did not believe VC funding was the right path.

Google TPU Shipments Revised Up by 50%

Recent industry research indicates a significant upward revision in the shipments of Google's TPU (Tensor Processing Unit) chips. Previous expectations for 2027 were set at around 10 million units, but new estimates now point to 15 million units, a 50% increase. This substantial boost directly translates to higher demand across the entire supporting supply chain. Google's TPU clusters utilize a standardized all-optical interconnect architecture. Consequently, key hardware components are deeply integrated and scaled in fixed ratios with the chips. The 15 million TPU target will drive corresponding demand increases for NPO optical engines (roughly a 1:1 match), 1.6T optical modules, OCS optical switches, high-end server power supplies, fiber optics & MPO connectors, and liquid cooling solutions. Among these, liquid cooling is highlighted as the sector experiencing the most significant transformation and offering the most stable potential for excess returns. As next-generation TPU chips reach power levels where traditional air cooling is insufficient, liquid cooling becomes essential. 2026 is forecasted as the first year of substantial adoption for Google's liquid cooling solutions. This shift, coupled with delivery and capacity bottlenecks faced by incumbent overseas manufacturers, is creating a prime window for domestic Chinese suppliers to enter and secure Google's core supply chain. The market size for Google-specific liquid cooling is projected to potentially triple from a baseline of hundreds of billions to around 300 billion units by 2028. The logic for the fiber optic sector is also being rewritten. Once considered a cyclical commodity tied to telecom operator procurement, fiber is now a strategic and scarce resource for AI Data Centers (AIDC). A severe supply-demand imbalance, driven by the long lead time for preform production (18-24 months) and surging demand from cloud giants, is supporting strong performance. Chinese fiber manufacturers are well-positioned to capture a significant share of global AIDC demand, with exports potentially reaching 200-300 million core kilometers in 2026. Overall, the investment focus within the AI computing industry is shifting from pure "chip performance speculation" towards the more certain incremental growth in computing infrastructure and its supporting ecosystem. The upward revision in Google TPU shipments, along with the potential for further doubling by 2028, is seen as solidifying performance visibility for the entire supporting supply chain over the next two years.

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