WHAT ABOUT MAY THIS YEAR?$ETH
Quoted from Luno research, Sunday (4/5/2025) there are several important events in May that crypto investors should pay attention to.
PECTRA ETHEREUM UPGRADE MAY 7
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Pectra combines two previous upgrades, Prague for the execution layer and Elektra in the consensus layer. The Pectra upgrade aims to improve efficiency, scalability, and the overall functionality of Ethereum. This has the potential to boost market confidence by promoting adoption and utility.
THE FED INTEREST RATE DECISION MAY 7
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President Trump has pressured the US central bank to lower interest rates, even threatening to fire Fed Chair Jerome Powell. Trump views interest rates as a way to mitigate the economic slowdown caused by his new tariff policies, which would increase consumer costs and hinder global trade.
Traditionally, investors tend to respond positively to interest rate cuts. However, another factor this month is the threat of Powell’s dismissal, which seemed to be negatively received by the market in April.
If interest rates remain unchanged, market sentiment is likely to remain relatively unchanged as well.
US INFLATION FIGURES MAY 13
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US inflation data could provide investors with insights into the progress in tackling inflation – especially in the current situation, where inflation is expected to be one of the main consequences of tariffs. The Fed is also considering this data when making decisions regarding monetary policy.
“SHIP OR DIE” EVENT SOLANA MAY 22
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The “Ship or Die” event in New York will highlight innovations within the Solana ecosystem. New products and collaborations could drive Solana's growth, increase investor interest, raise SOL prices, and strengthen Solana's position as a leading smart contract platform.
