Polkadot Blockchain Academy Launches Educational Course for Policymakers on Crypto Regulation

Daily Top Performer — Sonic Labs (S)

The S&P 500 gained 1.47% last week as tariff concerns eased, with investors awaiting FOMC minutes and PMI data. Gold rebounded to $2,900 on a weaker dollar and tariff concerns, with analysts eyeing $3,000. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 0.37%, with Bitcoin dropping by 0.96% and Ether rising by 3.35%, in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.

Today’s top performer is S, which surged nearly 13.9% following the launch of Euler Finance on Sonic Labs with $100,000 in incentives and advanced DeFi features.

Sonic Labs (S), founded in 2018, is an EVM layer-1 blockchain evolved from Fantom, offering 10,000+ transactions per second. Its native token, S, replaces FTM at a 1:1 ratio. The platform focuses on performance, interoperability, and developer incentives. Euler Finance is now live on Sonic Labs, offering $100,000 in rEUL incentives. Users can lend, borrow, and loop assets like $stS, $wS, $scETH, $USDC.e, $scUSD, and $wOS. The platform features near-zero gas fees, high-speed execution, and curated markets by MEV and Re7. More incentives will be available soon.

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Talk of the Town

Polkadot Blockchain Academy will launch its first educational course for policymakers in Zug, Switzerland, from April 6-8, 2025. The course aims to educate UK MPs and other lawmakers on blockchain technology and Web3 to help them make informed decisions on crypto regulation. The initiative is part of Polkadot’s global push to provide policymakers with structured education on the tech and its regulatory implications, especially as the UK prepares a draft crypto regulatory framework.

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Bitcoin Spot ETF Flows

Yesterday, there were no BTC Spot ETF flows as the market was closed for Presidents' Day.

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Airdrop to Watch

The DeFi App Points Program Season 1 is now live. Deposit assets from Solana, Base, BSC, and more, use the swap feature, and earn points, which could lead to a potential airdrop. More features such as Earn, Trade (powered by Hyperliquid), and DeFi App AI are coming soon. The platform has raised $6 million in funding.