This week in the cryptocurrency industry, multiple significant developments are expected to unfold across various ecosystems, potentially driving volatility for different tokens. Traders and investors are advised to keep an eye on these headlines to anticipate upcoming events and ecosystem-specific fluctuations.

One of the leading crypto news stories this week revolves around Mantle Network's integration announcement. Following the Tectonic Upgrade in March 2024 and the Mainnet Alpha launch in July 2023, the Mantle ecosystem is preparing for another planned update. Recently, Mantle Network successfully integrated with EigenDA, which not only reduced transaction fees but also improved transaction speed. Additionally, Mantle has incorporated Stargate, facilitating seamless, bridgeless transfers. Although further details regarding this latest integration are limited, data from CoinGecko indicates that the price of Mantle Network's token, MNT, has decreased by 0.5% in the past 24 hours, currently trading at $0.7298.

Another anticipated headline involves Jupiter Exchange's product announcements. Last week, the Solana-based decentralized exchange (DEX) hinted at a significant product announcement from a Jupiter executive. Some speculate that this announcement pertains to their recent collaboration with Sanctum for a SOL-based debit card, aiming to expand decentralized finance (DeFi) offerings. Others believe it may be related to comments made by another Jupiter executive, @weremeow on X, about an upcoming major Jupiter event featuring a product unveiling and discussions surrounding decentralized autonomous organization (DAO) governance. A key topic of discussion within the Jupiter ecosystem is the JupNet. In a detailed post, a Jupiter executive explained that JupNet is an omnichain network addressing blockchain interoperability through a decentralized state of truth, an omnichain ledger, and aggregated decentralized identities (ADIs). The team has refined core designs and enhanced the Solana Virtual Machine (SVM) for improved transaction processing. They conducted their first offsite meeting in April 2025 in San Francisco. Upcoming initiatives include DOVE layer audits, internal testing, and the release of a technical paper, focusing on transforming on-chain interactions with features such as passkeys and multi-factor authentication (MFA). At the time of writing, Jupiter's JUP token was trading at $0.47643, marking a decline of almost 7% in the last 24 hours.

Additionally, this week's prominent crypto news includes the Avalanche Summit in London, scheduled to commence on Tuesday, May 20. There is anticipation that the Avalanche network may unveil major announcements during the summit. According to the Avalanche Foundation, more than 30 million contracts have been deployed across all indexed Avalanche Layer-1 (L1) networks. Notably, approximately 10 million contracts were deployed in the past month alone, reflecting increasing activity across the Avalanche network. BeInCrypto data shows that AVAX was trading at $21.49 at the time of writing, experiencing a nearly 6% drop in the last 24 hours.

Rumors suggest that the U.S. Senate may pass stablecoin legislation this week. This follows Senator Bill Hagerty's statement indicating that the Senate is prepared to approve the GENIUS Act. This proposed legislation represents a transformative bill, creating the first comprehensive regulatory framework for payment stablecoins. This historic move is expected to reshape the $244 billion stablecoin market, ensuring backed reserves, anti-money laundering measures, and consumer protections. The bill aims to limit Big Tech's influence over digital currency, requiring special authorization for entities like Meta to issue their own stablecoins. This development marks a crucial step towards achieving true financial decentralization supported by federal law.

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