Nansen: SYRUP, BIO, GOONC Rank Top Three in Smart Money Net Inflow in the Last 24 Hours

On May 16th, as per official channels, Solana Virtual Machine (SVM) Rollup SOON declared that the SOON Foundation has been officially set up to propel the development of the SOON ecosystem based on the Solana Virtual Machine (SVM) and realize the "Super Adoption Stack (SAS)" vision. The foundation centers around ecosystem acceleration, transparent governance, security management, and strategic partnerships. It is scheduled to hold global hackathons, launch an enterprise-level toolkit, and cooperate with multiple universities on research.

On May 16th, as reported by the Financial Times, President Trump stated during a meeting with business executives in the UAE on Friday that the United States will unilaterally determine new tariff rates for a large number of trading partners instead of reaching agreements with all trading partners. Washington is going to impose new tariffs within the "next two to three weeks."

May 16th. The Federal Reserve Bank of New York collaborated with the Bank for International Settlements (BIS) to jointly release a research report named "Project Pine," which aims to test the feasibility of implementing monetary policy using smart contracts in the tokenized financial market. The Project Pine research report indicates that the New York Fed Innovation Center and the BIS Innovation Hub jointly developed a prototype of a smart contract-based central bank monetary policy implementation toolkit. This toolkit is capable of supporting operations such as interest rate payments, asset purchases, and collateral management. It has been tested across 10 historical simulation scenarios, including those of market turmoil and liquidity crunch situations. The report highlights that smart contracts possess the ability to quickly deploy and adjust monetary policy tools, thereby providing flexibility and efficiency for future central bank policy execution in a tokenized financial system.

On May 16th, spot gold witnessed an accelerated decline. The short-term decline expanded by nearly $30, falling below $1,770 per ounce, with an intraday drop of 2.18%. (Golden Finance)

Trump's World Liberty(@worldlibertyfi) spent 3M $USDT to buy 3.64M $EOS via PancakeSwap on BSC and spent 3M $USDT to buy 3.75M $A via 1DEX on exSat Network today. EOS (EOS) has rebranded to Vaulta (A).

On May 16th, according to Bitcoin Magazine, since the implementation of a Bitcoin reserve strategy, the stock price of The Blockchain Group has surged by 1100% in the past 6 months.