#May CPI Incoming#
This Wednesday, the U.S. will release May CPI data — a key test for rate cut expectations. Cleveland Fed forecasts 2.4% YoY CPI (up from 2.3%), with core CPI flat.
💬 If inflation beats expectations, will the Fed still cut in June? Will you stay on the sidelines or take early action?
#Tech Giants Eye Stablecoins#
Apple, Google, Airbnb, and X are in talks to integrate stablecoins into their payment systems, aiming to cut fees and streamline global payments. Following Circle’s IPO surge, stablecoins are quickly gaining traction across tech and finance.
💬 Could stablecoins be
Sonic SVM officially launches Mobius Mainnet, becoming the first SVM extension Layer 2 on Solana
DeepTechFlow announced today that Sonic SVM officially launched on the Mobius Mainnet on February 27th, becoming the first chain expansion Layer 2 based on Solana Virtual Machine (SVM). As an important extension of the Solana ecosystem, Mobius aims to enhance the scalability of Solana and provide exclusive layers for high-frequency applications, promoting the rapid development of dApps.
Sonic SVM Mainnet achieves higher scalability and customization through the HyperGrid framework while maintaining compatibility with Solana, supporting the needs of high-frequency dApps such as DeFi and GameFi. Sonic SVM offers 50% lower transaction fees than Solana and has millisecond-level RPC response time. To further incentivize developers, Sonic SVM is launching a hackathon with a total prize pool of 1 million, encouraging developers to explore the SVM ecosystem in depth.