📢Ethereum Announces Trillion Dollar Security Initiative

gm Defiers!

The crypto market remained flat on Wednesday as investors awaited Producer Price Index (PPI) data. Bitcoin continued to hold steady at around $103,200.

In other news, the Ethereum Foundation revealed its Trillion Dollar Security Initiative, a new project aimed at upgrading Ethereum’s security.

Meanwhile, a new Dune report has found that crypto wallets are turning into “superapps.”

✍️ In today’s newsletter:

• Ethereum unveils Trillion Dollar Security initiative
• LAUNCHCOIN soars 900%
• Crypto market holds steady as investors brace for inflation data
• Dune report: Wallets are evolving beyond crypto storage
• Arbitrum shares new scaling roadmap

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• How Soul is Solving DeFi Fragmented Liquidity: Interview with CEO Ahmed Serghini

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📢Ethereum Unveils Trillion Dollar Security Initiative to ‘Bring the World Onchain’

The Ethereum Foundation has launched the Trillion Dollar Security initiative, a new effort to upgrade Ethereum’s security to a level that can safely support billions of users and over $1 trillion in onchain value.

🆙Believe App Token Soars 900% After Generating $6.3 Million in Daily Revenue

Solana-based token launchpad Believe.app exploded in popularity earlier this week, generating $6.3 million in fees from May 12 to May 13. In turn, this sent its flagship token, LAUNCHCOIN, up 880% to a $175 million valuation on May 13.

📊Crypto Market Holds Steady as Investors Await Key Economic Data

The crypto market traded mostly flat on May 14 as investors await Thursday’s Producer Price Index (PPI) data, following a cooler-than-expected Consumer Price Index (CPI) report. Bitcoin hovered near $103,500 while Ethereum rose 2.5% to $2,600.

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DeFi is evolving rapidly and maturing, entering a new phase of adoption and growth. With both established protocols like Aave and new entrants driving innovation in capital efficiency and market design. However, liquidity fragmentation across chains and protocols remains a core limitation, particularly in the lending sector. Soul’s new DeFi primitive addresses this by enabling cross-chain lending coordination, using LayerZero’s messaging infrastructure to allow users to borrow across chains and protocols while keeping collateral in one place. Built by the team behind Hatom, a 2 years old secure and mature lending protocol, Soul aims to become a foundational layer in a new phase of interoperable and composable DeFi.

READ MORE: Solving major DeFi problems: Soul new primitive to finally solve liquidity fragmentation

🪪Wallets Have Moved Beyond Holding Crypto: Dune Analytics

Crypto wallets are evolving into powerful “superapps,” according to Dune Analytics' Crypto Wallets 2025 report. The research highlights how wallets like MetaMask and Phantom now do far more than hold assets, including swapping, staking, and bridging.

🚗Top L2 Arbitrum's Scaling Roadmap Seeks to Avoid ‘Trade-offs’

Arbitrum shared on May 13 a new roadmap that aims to scale Ethereum with faster speeds, higher throughput, and lower costs – all while maintaining decentralization. The goal, according to the post, is to increase dApp throughput by 100x and create seamless interoperability.

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