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Golden Ten Data reported on March 27 that recent data on the output gap and price trends have strengthened the case for a potential rate hike by the Bank of Japan in April. According to Daiwa Securities economist Kenji Yamamoto, the data shows that despite ongoing inflation, the supply and demand dynamics of the Japanese economy remain resilient. Therefore, even if inflation appears to temporarily ease, as long as the underlying price trends remain unchanged, “there is no clear reason to delay monetary policy normalization,” he stated. These data will support the Bank of Japan in tightening monetary policy in April, “while maintaining cautious judgment,” he added.

ChainCatcher reports, according to market sources, that Ethereum Layer 2 network Polygon has proposed a new fee model, PIP-85, aiming to reverse the decline of its native token POL, which has dropped by more than 60% over the past year, and to address competition from Base and Arbitrum. The proposal will redistribute 50% of priority fee revenue to network validators and delegators, and adjust the way validator rewards are allocated, shifting from a stake-based system to a contribution-based performance model. In the remaining validator pool, 75% will be distributed based on contribution instead of stake size, while 25% will still be distributed according to the current stake weight. The author mentions in the proposal that implementing it does not require any direct on-chain changes.

According to ChainCatcher, based on token unlocking data from the Web3 asset data platform RootData, Wormhole (W) will unlock approximately 340.32 million tokens, valued at about 5.7 million US dollars, at 00:00 on April 3 (GMT+8).