Market adjustment, SBTC dominance continued to decline; U.S. stocks rose slightly, the market expected the U.S. dollar index to continue to fall by 20%, and continued to be bullish on risky assets

Arbitrum sector: The community has voted through the AIP-1.1 and AIP-12 proposals in Snapshot; SADOGE has risen 5 times recently, because it is received by ARB airdrop users, and because there is a 15% transaction tax, the greater the transaction volume, the more deflation.

Gala Games will launch the GALA (v2) upgrade on May 15th and replace :1 with a new generation: Karma will launch a new product, Yuanyu's SRNDR STVK$MANA in June. RNDR is a decentralized GPU rendering.

Pledge section: SAGI surged 50%, becoming the new leader in the liquid staking track.

Meme sector: SXEN rose sharply, due to the long-term rise in gas fees of ETH, which drove up the mint cost of SXEN

In terms of policy: China Bank of Communications Hong Kong is cooperating with licensed cryptocurrency companies: The US SEC has issued charges for Bittrex’s failure to register as a trading platform: New York State’s Financial Services Department has passed virtual currency business regulatory cost assessment rules