Late Friday, attorneys with the U.S. Securities and Exchange Commission and Binance filed a joint status report asking a federal judge to continue a 60-day pause in the case for another 60 days. You’re reading State of Crypto, a CoinDesk newsletter …

Also: Plus: EF gets new leadership; layer-2 BOB and Fireblocks integrate; new MetaMask roadmap.

Hsiao-Wei Wang and Tomasz Stańczak will be the new co-executive directors, as Aya Miyaguchi transitions into the organization’s President. Also, ex-EF researcher Danny Ryan shares that he is joining Etherealize.

Also: Avalanche Visa card launched; EF executive director leaving; hackers using fake GitHub to steal bitcoin.

The expansion is driven by optimism about potential regulatory changes under the Trump administration.

The growing number of new tokens may lead to liquidity fragmentation and decreased trader attention in any single project, CoinGecko COO said.

While some view it as a positive move for long-term growth, others worry it could lead to monopolistic behavior and harm innovation in the Solana ecosystem.

Crypto leaders attended a pre-inaugural bash in Washington, cheering Trump’s return to the White House and hoping it will benefit digital assets.

Also: Bubblemaps roadmap; Babylon interoperability

In founding editor Bradley Keoun’s last issue of The Protocol, CoinDesk’s weekly newsletter devoted to blockchain technology, we’re covering Trump’s DOGE whistle and the slew of announcements from the big Ethereum conference Devcon in Bangkok.