Top 7 Crypto Project Updates This Week

The crypto industry saw major advancements this past week across DeFi, NFT, Layer 2, and AI-powered platforms.

From high-profile governance votes to billion-dollar TVL milestones and expansion into new consumer markets, many of the ecosystem’s leading projects made headlines. According to weekly data compiled by Wu Blockchain, developments ranged from infrastructure launches and tokenomics reveals to bold policy proposals and cross-border partnerships.

Here’s a rundown of the 10 most important crypto project updates from the past seven days.

WLFI token trading approved with 99.94% support

World Liberty Financial’s community has overwhelmingly passed a proposal to open WLFI token trading. The vote, held from July 10 to 17, marks a pivotal step in transitioning WLFI from a closed environment to an open ecosystem. Once implemented, the proposal will allow peer-to-peer and secondary market trading, enabling broader participation in governance.

Aave becomes first DeFi protocol to hit $50B TVL

Aave reached a historic milestone this week, with its total value locked (TVL) surpassing $50 billion for the first time. The protocol recorded a 13.93% TVL increase over the past seven days, reinforcing its position as the leading DeFi platform. Overall DeFi TVL now stands at $284.39 billion—closing in on its all-time high of just over $300 billion.

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Eclipse unveils tokenomics: 15% reserved for airdrops and liquidity

Ethereum SVM Layer 2 protocol Eclipse published its ES tokenomics, confirming a 1 billion token supply. Allocations include 15% for airdrops and liquidity, 35% for ecosystem and development, 19% for current and future contributors, and 31% for early supporters and investors. ES tokens will also serve as the native gas token for the Eclipse blockchain.

Pudgy Penguins partners with Chinese IP heavyweight Suplay

Pudgy Penguins has announced a major partnership with Chinese toy and lifestyle company Suplay. While full details are pending, Suplay is known for its IP collaborations with the likes of Genshin Impact, Sanrio, Disney, and the Palace Museum. The partnership marks a significant step in Pudgy Penguins’ expansion into the Asian market.

Kaito AI teases launchpad for early crypto project investing

Kaito AI revealed its upcoming “Capital Launchpad,” designed to offer crypto-native investors early access to promising projects. Unlike meme token platforms, it aims to resemble Echo—a blockchain-based angel investing network. KAITO token stakers and top Yappers may gain early entry into private token sales once the platform goes live.

Sonic Labs introduces Spark for one-click Web3 deployment

Sonic Labs unveiled Spark, an AI-powered development platform that lets users create and deploy Web3 apps using simple natural language commands. Built on Google’s Gemini model, Spark offers full-stack generation, real-time debugging, and risk scoring—all within the browser and without coding knowledge. The tool is designed to dramatically lower the barrier to blockchain development.

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Ondo Finance acquires Strangelove Labs for RWA acceleration

To fast-track the growth of its real-world asset (RWA) platform, Ondo Finance has acquired Strangelove Labs. The blockchain infrastructure firm contributed to various multi-chain and SDK innovations. Jack Zampolin, former CEO of Strangelove, will now serve as Ondo’s Vice President of Product to spearhead RWA product strategy.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.