June Welcomes the Three Key Cycles of the Web3 Industry

June will become an important period for the Web3 industry, with a series of significant events in regulation, market, and technology.

In terms of regulation, U.S. regulatory agencies will continue to advance several initiatives. These include the deadline for the review of the spot Ethereum ETF staking function of a well-known asset management company, congressional hearings related to stablecoins, and holding DeFi roundtable discussions, among others. These actions indicate that regulatory agencies are strengthening their scrutiny and regulation of the cryptocurrency industry.

On the market level, several important macroeconomic data points will be released, which may have a significant impact on market sentiment. These data include the non-farm payroll report, the Consumer Price Index (CPI), and the Federal Reserve's interest rate decision, among others. Investors will closely monitor this data to assess the overall economic situation and the direction of monetary policy.

In terms of technology and project development, several well-known blockchain projects are set to undergo large-scale token unlocks. These projects include protocols focused on scalability solutions, emerging smart contract platforms, and more. Token unlocks may have a significant impact on the market dynamics of these projects and are worth close attention from industry insiders.

Overall, June will be a critical period for the development of the Web3 industry, where regulatory policies, market trends, and technological advancements will collectively shape the future direction of the industry. Industry participants should closely monitor the progress of these events in order to better seize market opportunities and respond to potential risks.