InsideBitcoins

The crypto market is experiencing a fresh wave of Optimism as major banks like JPMorgan and Citigroup prepare to launch their stablecoins. This move signals a deeper integration of digital assets into traditional finance, boosting credibility and trust in the broader ecosystem. As institutional players enter the space, investor sentiment is increasingly bullish, sparking renewed interest and activity across altcoins.

Amid this shift, several top crypto gainers are gaining attention due to major ecosystem updates. Optimism (OP) enhances its Layer 2 ecosystem through Chainlink’s SCALE program, Injective (INJ) introduces a powerful governance module, Clearpool (CPOOL) expands its reach by bridging to Solana, and Acet (ACT) gains momentum with its growing European presence. These updates highlight how innovation and real-world traction drive value across the altcoin landscape.

Biggest Crypto Gainers Today – Top List

Optimism is a Layer 2 blockchain on Ethereum that helps speed up transactions and lower costs while staying secure and decentralised. Injective is a fast and flexible Layer 1 blockchain made for DeFi. Clearpool is a DeFi platform that lets institutions borrow funds without needing collateral. Acet is a crypto project with a unique “Initial Zero Supply” model to avoid having too many tokens at launch. Let’s explore why these top crypto gainers are rising today.

1. Optimism (OP)

Optimism is a Layer 2 blockchain built on Ethereum that focuses on scalability and low-cost transactions while maintaining security and decentralisation. It is governed by the Optimism Collective, a unique model for digital democratic governance aimed at accelerating the growth of the decentralised ecosystem.

The network’s native token, OP, governs upgrades, sets network parameters, and funds ecosystem incentives. A portion of the total OP supply is allocated to support projects building on Optimism, creating strong incentives for developers and users to engage with the platform.

Optimism (OP) is currently priced at $0.808153, recording a 4.91% gain in the past 24 hours and a 6.51% increase over the last month. Its 24-hour trading range spans from $0.77344 to $0.840425, reflecting modest upward momentum.

The results are in! Retro Funding rewarded 206 projects and tools with 2.6M OP just in April!

Overall, Retro funding has allocated 8M OP over the last 3 months.

By rewarding apps and the tools behind them, Retro Funding empowers builders to keep building. pic.twitter.com/xZXBk8qr2O

— optimism.eth (@Optimism) May 21, 2025

Optimism announced its integration into the Chainlink SCALE program, bringing Chainlink’s Data Streams, Functions, and Verifiable Random Functions (VRF) to its OP Mainnet. This partnership enhances Optimism’s Layer 2 ecosystem by providing developers with faster, more secure tools to build advanced decentralised applications.

By joining SCALE, Optimism benefits from reduced costs on Chainlink’s oracle services, boosting the growth of DeFi, gaming, and other blockchain apps. This move strengthens Optimism’s position as a scalable and efficient platform for Web3 innovation.

2. Injective (INJ)

Injective is a high-performance, interoperable Layer 1 blockchain tailored for decentralised finance. It offers pre-built modules like on-chain order books and derivatives trading, enabling developers to launch sophisticated DeFi applications easily. Built on the Cosmos SDK and using a Tendermint-based PoS consensus, 

Its native token, INJ, plays a central role in the ecosystem, serving as a utility and governance token. INJ is used for staking, securing the network, participating in governance, and rewarding developers, making it essential to the protocol’s operation and community-driven innovation.

Injective (INJ) is trading at $14.60, up 12.22% in the past 24 hours and 54.41% over the last month, making it a top crypto gainer. Its 24-hour range is $13.03 to $14.89. The sentiment is bullish, with INJ outperforming Ethereum and Bitcoin in the same period and showing strong gains since its token sale.

Injective’s RWA module is the first tokenization platform turning real world assets into programmable digital assets, unlocking onchain liquidity for everything from equities to private credit.

A new financial revolution is fast approaching and it’s happening on Injective. pic.twitter.com/aXxzdr4X9x

— Injective 🥷 (@injective) May 22, 2025

Injective has announced the launch of its new governance module, empowering the community to propose and vote on protocol upgrades directly.  This enhancement aims to streamline decision-making and foster a more decentralised governance structure. 

The governance module introduces features such as proposal creation, voting mechanisms, and transparent tracking of governance activities, enabling the community to actively participate in shaping the future of the Injective ecosystem.  This development aligns with Injective’s commitment to decentralisation and community-driven innovation. 

3. Best Wallet Token (BEST)

Best Wallet is a next-generation, non-custodial crypto wallet that offers secure and anonymous asset management, eliminating the need for ID verification or Know Your Customer (KYC) requirements. Supporting multiple chains and wallets enables users to trade, store, and manage their crypto assets effortlessly within one app. The platform also offers early access to trending token launches, making it a top choice for crypto enthusiasts seeking security, convenience, and innovation. With over $12.6 million raised in its presale, the $BEST token is currently priced at $0.025065.  

Holding $BEST tokens unlocks exclusive benefits, including early access to new projects, reduced transaction fees, higher staking rewards, and governance rights within the ecosystem. Users can earn 115% APY by staking $BEST, with rewards distributed at 101.21 tokens per Ethereum block over three years. This staking mechanism allows investors to maximise earnings while contributing to the platform’s growth.  

The crypto market is buzzing with action right now. 🚀

Here are 5 key headlines that are moving the needle this week:

1️⃣ Bitcoin Hits New All-Time High: BTC has surged past $111,000, setting a new all-time high and pushing its market cap to $2.1 trillion. 📈

2️⃣ Stablecoin…

— Best Wallet (@BestWalletHQ) May 23, 2025

Combining cutting-edge security, low-cost transactions, and community-driven governance, Best Wallet is positioned as the best non-custodial crypto wallet of 2025. Its staking and airdrop programs provide additional incentives, making it a powerful tool for both seasoned traders and newcomers in the crypto space.

Visit Best Wallet Token Presale

4. Clearpool (CPOOL)

Clearpool is a decentralised finance platform that facilitates uncollateralised lending for institutional borrowers. It connects institutional borrowers with DeFi lenders in a transparent and permissionless environment, aiming to bring efficiency and innovation to capital markets.

CPOOL is Clearpool’s native token, which is used for governance, staking, and rewarding liquidity providers. Token holders can vote on protocol changes and earn incentives by participating in the network’s lending pools.

Clearpool (CPOOL) is priced at $0.178411, up 12.48% in the past 24 hours and 20.13% over the last month, with a 24-hour trading range of $0.159021 to $0.187014. It shows a bullish outlook, trading above its 200-day simple moving average. While it’s down 18.94% against Ethereum, it’s up 1.66% against Bitcoin over the same period.

🚀 The Clearpool Bridge has now expanded to @solana!

You can now bridge your $CPOOL between Ethereum and Solana — powered by our partner @LayerZero_Core.

Clearpool is unlocking new opportunities in the Solana ecosystem as we pioneer RWA lending.

🔗 https://t.co/P3vG4blE2s pic.twitter.com/AjApNrzIhn

— Clearpool (launching Ozean🌊) (@ClearpoolFin) May 16, 2025

Clearpool has expanded its token bridge to support Solana, enabling seamless transfers of $CPOOL between Ethereum and Solana.  This integration, powered by LayerZero, enhances liquidity and interoperability across ecosystems. As Clearpool continues to innovate in decentralised credit markets, this development underscores its commitment to bridging DeFi with traditional finance. 

5. Acet (ACT)

Acet is a digital asset project that introduces the unique concept of “Initial Zero Supply,” aiming to eliminate oversupply. Launching without pre-issued or pre-minted tokens promotes a demand-driven growth model where tokens are minted only as actual users and builders need.

ACT is the native token of the Acet ecosystem, with its supply strictly regulated by demand. This approach supports fair token distribution and creates a more sustainable token economy aligned with real user participation.

Acet (ACT) is trading at $0.065709, rising 15.92% in the past 24 hours and ranging between $0.056233 and $0.071965. The sentiment is bullish, as ACT trades above its 200-day simple moving average and has outperformed 93% of the top 100 crypto assets, including Bitcoin and Ethereum, over the past year.

🇪🇺 Europe is on the move — choosing a new path with $ACT. 🌍

Investors across Europe are fueling the fast-growing wave of “Swap to $ACT” momentum.
This has led to the total swap volume exceeding 18,618+. 💥

This isn’t just swapping — it’s the beginning of a new life with $ACT.… pic.twitter.com/e3R5npVzuG

— ACT – Acet (@ACTDeFansFi) May 22, 2025

Acet spotlights growing European interest in the $ACT token, highlighting the momentum behind its “Swap to $ACT” movement. The post celebrates widespread adoption and excitement, showing how the token is gaining traction across multiple countries.

This momentum signals rising confidence in decentralised fan engagement, positioning $ACT as a serious player in the Web3 entertainment space. For community members and investors, it reflects expanding reach and potential for broader adoption beyond local markets.

Read More

Biggest Crypto Gainers

Donald Trump’s lavish gala dinner for top holders of the TRUMP meme coin has sparked a fierce backlash, with Democrats calling it an “orgy of corruption” and warning of foreign influence and pay-to-play risks.

High-profile guests at the event included TRON founder Justin Sun, the largest known holder of the token, Magic Eden CEO Jack Lu, and BitMart CEO Sheldon Xia.

They were served upscale dishes like filet mignon and molten lava cake, and received $100,000 Trump-branded watches, raising alarm over potential political favoritism and pay-for-access.

Honored to be at the Trump Crypto dinner with @GetTrumpMemes

Going to be a great night! pic.twitter.com/H4fBZbtxKf

— Jack (@0xLeoInRio) May 22, 2025

Democrats are demanding the White House release the full list of guests, citing ethical and national security risks.

Senator Elizabeth Warren called the event an “orgy of corruption,” warning that the public has no idea who is buying influence with the president or what they might be receiving in return.

Protesters gathered at the Trump National Golf Club to denounce the event, carrying signs that include ”America is not for sale,” and ”stop crypto corruption.”

Attendees Invested $148M In Trump Coin To Attend Dinner

Attendees had invested an estimated $148 million in the TRUMP meme coin to earn their seats at the dinner, with more than $111 million of that from the biggest 25 buyers.

Investments in TRUMP by attendees had ranged from a high of $37.7 million to a low if $55,000, according to Nansen. Over half of the 220 attendees were from outside the US, intensifying concerns about foreign influence.

The White House spokeswoman Karoline Leavitt responded to criticism of the dinner by saying that all of the president’s assets are held in a blind trust that is managed by his children.

Although the White House said Trump attended in a personal capacity, he spoke from a podium featuring the presidential seal and ended the night dancing to “YMCA.”

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Lotte, one of the largest food business groups in South Korea, which provides the nation with almost any food product or service, has partnered with Cool Cats to launch a collection of non-fungible token-inspired candies. Under the new collaboration, Lotte and Cool Cats anticipate bringing the magic of the Sapphire Town to new audiences across the Asian region and beyond. In this article, we shall look more about this partnership.

Cool Cats X Lotte Integration

In a May 23 blog post, the Cool Cats NFT team confirmed that they have collaborated with Lotte to launch non-fungible token-inspired candies. Even though the Cool Cats NFT team has promised to share more details in the coming days or weeks, they have shared an image showcasing their cartoon artwork holding a non-fungible token-branded candy. In response to this announcement, the Cool Cat NFT collection has slightly surged in trading sales volume.

This is our final tweet in the thread. pic.twitter.com/ooiVY5s9T5

— Cool Cats (@coolcats) May 22, 2025

Launched on July 1, 2021, Cool Cats is a non-fungible token collection that features a limited edition of 9,999 unique, blue cartoon cat NFT avatars on the Ethereum blockchain. Each Cool Cat NFT collection features a blue cat character with a mix of traits, like clothing, hairstyles, and accessories. The NFT collection was created by a team of four, including the digital artist Colin Egan (Clon), who is also the creator of the Blue Cat character. During the launch, Cool Cats NFT was priced at 0.06 ETH each.

On the other hand, Lotte Corporation is a South Korean multinational conglomerate corporation. It consists of over 90 business units employing 60,000 people engaged in such diverse industries as candy manufacturing, beverages, hotels, fast food, industrial chemicals, IT, construction, and entertainment. Lotte is renowned for its wide range of products, including food items like snacks, sweets, and beverages. Cool Cats will be working closely with Bellyland, a virtual world and blockchain ecosystem created by Lotte Group.

Cool Cats Fetches New Audiences In Asia

Under the new integration, Cool Cats anticipates leveraging the Lotte market network to introduce its magic of Sapphire Town to new audiences across Asia and beyond. In the context of the Cool Cats NFT project, Sapphire Town is envisioned as a central hub and interactive world beyond the blockchain. It’s a location where Cool Cats will exist and interact, serving as a community space and potential location for immersive experiences and events.

Cool Cats is not the first non-fungible token project to join Lotte to fetch new audiences in the Asian region. Last month, Igloo Inc., the digital asset incubation studio and the team behind the pudgy Penguins NFT collection, joined Lotte to bring the Pudgy Penguins NFTs to South Korea through a limited-edition collectible release. Pudgy Penguins is an NFT collection featuring a limited edition of 8,888 cute penguin birds hosted on the Ethereum blockchain network.

We will be partnering with Lotte’s Bellyland to do a limited run of Bellyland X Pudgy Penguin collectibles.

These collectibles will go live on Friday, April 18th at 9pm EST on https://t.co/7rUbs6adNa

There are only 500 collectibles made at $299 each. pic.twitter.com/XI2foFTNOo

— Pudgy Penguins (@pudgypenguins) April 17, 2025

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Polygon Flips Ethereum In Daily NFT Sales Volume

FIFA Joins Ava Labs To Launch Its NFT Blockchain On Avalanche

Bitcoin NFTs Jump +30% In Daily Sales Volume Amid Crypto Rally

The non-fungible token market has recorded positive growth today after the Polygon-based non-fungible token collections, among other digital collectibles, exploded in trading sales volume. In the past 24 hours, the NFT market has amassed a trading sales volume of $18 million, up 14% from the past day. This surge is associated with the Polygon NFT market, which has skyrocketed by 64% over the past day.

Polygon Tops The Daily NFT Market Chart

Data compiled by Cryptoslam.io, an on-chain crypto market data aggregator and a non-fungible token explorer, shows that the NFT market has recorded positive gains today. In the past 24 hours, the NFT market has amassed a trading sales volume of $18 million. During this time, the NFT sales volume has surged by over 60% from the previous day. The NFT market started recording some growth last week, following the footsteps of its parent, the crypto market, which has seen tremendous growth this week.

Polygon, an Ethereum scaling solution blockchain network, is today’s most-traded blockchain network. In the past 24 hours, the Polygon-based NFT collection has amassed a trading sales volume of over $5 million. During this period, the Polygon NFT sales volume has increased by over 64% from the past day. Polygon has flipped Ethereum in the NFT market for the first time in the past several weeks.

Ethereum is today’s second most-traded blockchain in the NFT market. In the past 24 hours, the Ethereum-based NFT collection has recorded a trading sales volume of over $4.9 million, up 16% from the past day. Bitcoin and Mythos chain are the third and fourth most-traded networks in the NFT market. In the past 24 hours, the Bitcoin and Mythos Chain-based NFTs have raised a trading sale volume of $2.4 million and $1.9 million.

Top Selling NFTs On Polygon

DNS, a new non-fungible token collection, is the top-selling NFT collection on the Polygon NFT market. In the past 24 hours, the DNS NFT collection has amassed a trading sales volume of $2.5 million, up by 724% from the past day. Courtyard is the second most selling NFT collection on the Polygon NFT market, amassing a trading sales volume of $2.1 million. Courtyard and DNS NFT collections are the main contributors to Polygon’s daily NFT market growth.

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FIFA Joins Ava Labs To Launch Its NFT Blockchain On Avalanche

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Top US banks, including JPMorgan, Bank of America, Citigroup, and Wells Fargo, are in early talks about launching a joint stablecoin, the Wall Street Journal reported.

The banks would use companies they partly own to help launch such a stablecoin, the newspaper reported, citing sources familiar with the matter. The companies include payments network The Clearing House and Early Warning Services LLC, a fintech behind payments system Zelle.

WELLS FARGO, CITI, AND JP MORGAN IN TALKS TO LAUNCH U.S. BANK-BACKED STABLECOIN

– Some of the biggest U.S. banks, including JPMorgan Chase, Wells Fargo, Citigroup, and Bank of America, are exploring a joint stablecoin project.

– According to The Wall Street Journal, these… pic.twitter.com/oDz1pa4MGd

— BSCN (@BSCNews) May 23, 2025

The banks want to create a stablecoin backed 1:1 by the US dollar, the report said. The banks have yet to comment on the plan.

Senate Passes Stablecoin Bill

The news comes just days after the US Senate advanced the GENIUS Act, a bill that would set landmark legislation for stablecoins.

Bitwise Asset Management says this bill could be bigger for crypto than even the launch of spot Bitcoin ETFs (exchange-traded funds) early last year.

“Outside of the January 2024 approval of spot bitcoin ETFs, this is the most important regulatory development in the history of crypto,” said Bitwise’s chief investment officer Matt Hougan in a May 20 blog post. ”It may even be bigger.”

Hougan said the legislation should be passed in the summer, setting the stage for a ”long-term, sustained rally in crypto assets beyond bitcoin.”

Still, the bill, which is seen helping to legitimize crypto assets, faces opposition from Democrats including Senator Elizabeth Warren, who has warned that it would help enrich the family of President Donald Trump.

“The elephant in the room, of course, is how the president is launching his own stablecoin and making hundreds of millions of dollars, reportedly, and the bill does nothing to make it clear that we oppose that kind of profiteering in the president’s office,” said Senator Tina Smith, who voted against the bill.

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FIFA Joins Ava Labs To Launch Its NFT Blockchain On Avalanche

Cetus Protocol, the biggest decentralized exchange (DEX) on the Sui network, was hacked on Thursday, losing about $223 million worth of SUI tokens.

The hack targeted the SUI/USDC liquidity pool, wiping out nearly all liquidity on Cetus and bringing trading on the platform to a halt.

The incident also caused a flash depegging of USDC on the Sui chain, where it was reported to be exchanging hands for a fraction of a cent. Liquidity in some pairs fell sharply, with some pools dropping as low as $143,000.

Cetus(@CetusProtocol) on #SUI was hacked and lost more than $260M!

The hacker is converting the stolen funds into $USDC and cross-chaining to #Ethereum to exchange for $ETH, with ~60M $USDC already cross-chained.https://t.co/b0uGu8icXrhttps://t.co/0BpKSaygmr pic.twitter.com/txfxLoImOd

— Lookonchain (@lookonchain) May 22, 2025

The exploit caused all of the top 15 SUI-based tokens to plunge by over 75%.

Cetus Protocol Team Confirms Breach

The Cetus team confirmed the breach and suspended trading in a bid to contain damage. It is probing the scope of the attack and trying to bring the system back to a stable state.

“We have confirmed that an attacker has stolen approximately $223M from Cetus Protocol,” it said in a post on X. “We have took immediate action to lock our contract preventing further theft of funds.”

It added that $162 million of compromised funds have been successfully paused, and that it’s working with the Sui Foundation and other ecosystem members on  next-step solutions, with the goal of recovering the remaining stolen funds.

The attacker used a sophisticated method of attack that involved spoof tokens such as BULLA, which were used to manipulate faulty price computations and reserve systems in the smart contracts of Cetus.

The attacker also manipulated liquidity to withdraw actual assets such as SUI and USDC, exploiting vulnerabilities in the automated market maker logic of the DEX.

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The Fédération Internationale de Football Association (FIFA) has collaborated with Ava Labs, the team behind the popular Avalanche L1 blockchain network, to create its own NFT blockchain network. The international football federation teased about blockchain creation last month and vowed to move its non-fungible token collections from the Algorand network to its upcoming Ethereum Virtual Machine (EVM)-compatible blockchain network.

2/ If you don’t already know about @FIFACollect, now’s the time to pay attention.

They have already shown what’s possible with NFTs with their first iteration, which is already live at https://t.co/anQqyUf3Me

— Luke152 (@luke152) May 22, 2025

FIFA Joins Ava Labs To Launch Its NFT Network

In a May 22 short interview with CoinDesk, John Nahas, the Chief Business Officer at Ava Labs, confirmed that they have partnered with the International Football Federation (FIFA) to create its own blockchain network. The new blockchain network is EVM-compatible and is expected to offer enhanced trading performance, future features, and improved scalability. The NFT network went live on May 21, 2025. While talking about the integration, Nahas remarked:

“The Avalanche protocol is designed for enterprises and organizations looking to build custom, high-performance blockchain solutions. FIFA’s decision to launch its L1 on Avalanche is a testament to our technology’s ability to support global-scale applications with speed, flexibility, and security.”

Launched in 2021, Ava Labs is a blockchain company that develops software and a platform called Avalanche, which enables the creation, launch, and management of decentralized applications and custom blockchain deployments. They focus on making it easier for organizations and developers to build high-performance solutions for Web3, leveraging the capabilities of the Avalanche blockchain.

The Ava Labs’ Avalanche L1 is a sovereign blockchain network that defines its rules regarding its membership and token economics. It is composed of a dynamic subset of Avalanche network validators working together to achieve consensus on the state of one or more blockchains. Each blockchain is validated by exactly one Avalanche L1, while an Avalanche L1 can validate many blockchains.

FIFA’s Upcoming NFT Network Explained

Under the new integration, FIFA anticipates leveraging the Ava Labs capability to create its new blockchain network, anticipated to offer non-fungible token collectors improved performance and scalability. FIFA entered the NFT market in 2022 with the launch of its NFT marketplace, FIFA+ Collect, in partnership with the Algorand blockchain network. Last month, FIFA Collect announced that it would migrate its NFTs from the Algorand blockchain to the new FIFA Blockchain network.

The International Football Federation announced that existing owners of FIFA Collect NFTs will be able to access their collectibles on the new blockchain network. FIFA promised its FIFA+ Collect NFT users a more enhanced experience than before with the new blockchain network, including exclusive access to their NFTs through their existing crypto wallet accounts. FIFA’s move to abandon Algorand and join Avalanche is a strategic step to position itself with a broader NFT industry trend.

Related NFT News:

Bitcoin NFTs Jump +30% In Daily Sales Volume Amid Crypto Rally

Most NFTs Are Not Securities – SEC Commissioner Hester Peirce

Iconic NFT Game Axie Infinity Launches New NFT Accessories

The non-fungible token market has slightly surged today, recording a trading sales volume of more than $16 million. In the past 24 hours, the Ethereum-based NFT collection has raised a trading sales volume of $4.8 million, up 38% from the past day. During this time, the Polygon and Bitcoin-based NFT collections have also surged, recording a trading sales volume of $3.3 million and $3 million, up 19% and 38%, respectively.

source: cryptoslam.com

The slight NFT market surge coincides with the massive surge in the crypto market, which has left the flagship crypto “Bitcoin (BTC)” hitting new all-time highs. Earlier today, Bitcoin crossed the $111,000 mark for the first time ever, hitting a fresh all-time high and fueling hopes of a continued bull run. Since the crypto and NFT market have strong ties like that of a mother and a child, the Bitcoin (BTC) price surge has fueled a slight surge in Bitcoin ordinal series. Below, we have listed some of the top-selling Bitcoin Ordinals:

1. $?? BRC-20 NFT Collection

$??, a renowned non-fungible token collection created using the BRC-20, a token standard on the Bitcoin blockchain that allows for the creation of tokens that represent ownership of assets, is today’s most-selling NFT collection in the global Bitcoin NFT market. In the past 24 hours, the $?? BRC-20 NFT collection has recorded a trading sales volume of $1.3 million, up 117% from the past day.

2. $BTC BRC-20 NFT Collection

$BTC?, another non-fungible token collection created on the Bitcoin blockchain network using the BRC-20 protocol, is today’s second most-selling non-fungible token collection in the Bitcoin NFT market. In the past 24 hours, the $BTC? BRC-20 NFT collection has recorded a trading sales volume of $520,993. During this time, the $BTC? BRC-20 NFT trading sales volume has surged by 10% from the past day.

source: cryptoslam.com

3. Taproot Wizards NFT Collection

Taproot Wizards, a non-fungible token collection featuring a fixed set of 2,108 unique JPEGs of “magical” wizards inscribed on Bitcoin using the Ordinals Protocol, is today’s third most-selling NFT collection. The NFT collection was inspired by the Bitcoin “magic internet money” meme that emerged on Reddit in 2013. In the past 24 hours, the Taproot Wizard ordinal collection has raised a trading sales volume of $182,570.

4.$Qunix NFT Collection

$Qunix, a non-fungible token collection featuring a limited edition of 4,812 ordinals created on the Bitcoin blockchain network using the BRC-20 protocol, is today’s fourth most-selling NFT collection in the Bitcoin NFT market. In the past 24 hours, the $Qunix ordinal collection has amassed a trading sales volume of $98,691. During this time, the Qunix NFT sales volume has surged by 547% from the past day.

5. Ordinal Maxi Biz NFT Collection

Ordinal Maxi Biz, a non-fungible token collection featuring a limited edition of 5,141 Profile Picture (PFP) images inscribed on the Bitcoin blockchain, is today’s fifth most selling NFT collection. Each inscription is hand-drawn and features a sketch of a head with a distinctive eye color trait based on the block on which it was inscribed. In the past 24 hours, the Ordinal Maxi Biz NFT has recorded a trading sales volume of $90,027, up 121% from the past day.

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Asset manager Bitwise says the Senate stablecoin bill could have a bigger impact on the crypto market than the launch of spot Bitcoin ETFs (exchange-traded funds), and might spark a multi-year crypto bull run.

“Outside of the January 2024 approval of spot bitcoin ETFs, this is the most important regulatory development in the history of crypto,” said Bitwise’s chief investment officer Matt Hougan in a May 20 blog post. ”It may even be bigger.”

Hougan said the legislation should be passed in the summer, setting the stage for a ”long-term, sustained rally in crypto assets beyond bitcoin.” The biggest beneficiaries will likely be Ethereum (ETH), Solana (SOL), and various decentralized finance (DeFi) assets like Uniswap (UNI) and Aave (AAVE), he added.

Hougan’s remarks come after the US senate advanced a key stablecoin bill, which many analysts see as an important step toward legitimizing digital assets in the US. If signed into law, the bill will be the first legislation to cover crypto regulation.

Stablecoin Market Cap Could Soar To $2.5 Trillion “In No Time” If Stablecoin Bill Approved

The stablecoin bill could finally provide issuers such as Circle, Tether and others, which have operated in a “regulatory gray zone” up until now, a framework to follow.

According to Hougan, that will put “federal weight behind stablecoins.” It will also allow “big banks to issue stablecoins and merchants to accept them.” 

Progress. https://t.co/YLYzF6Osqr

— Matt Hougan (@Matt_Hougan) May 20, 2025

Hougan said it’s “pretty amazing” that the stablecoin market cap has risen to $200 billion without any participation by the largest financial institutions, but added that their combined valuation will surge to $2.5 trillion “in no time” if regulation is passed. 

Assets Beyond Bitcoin Poised For Sustained Rally, Bitwise Says

If the crypto market does undergo an extended bull run, Hougan predicts that digital assets beyond Bitcoin stand to benefit. He predicts that it’s only a matter of time before institutions move trillions of dollars worth of assets onto the blockchain, which he believes will benefit ETH, SOL, UNI and AAVE, given their established roles in the market.

“Once we normalize moving dollars over blockchain networks—and the largest financial institutions in the world are participating in that effort—it’s a relatively small step to moving stocks, bonds, and other financial assets over the same rails,” Hougan said.

“This is the fundamental thesis for investing in non-bitcoin crypto assets like Ethereum, Solana, and the like,” he said. ”I see the approval of stablecoin regulations normalizing crypto as a financial tool, paving the way for the largest institutions in the world to issue stablecoins and use them for payments.”

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Hester Pierce, the United States Securities and Exchange Commissioner, popularly known in the crypto space as “Crypto Mom,” continues advocating for agendas related to non-fungible tokens within the crypto regulatory commission. In her latest crypto push, the SEC commissioner has advocated that non-fungible tokens, especially those designed to compensate their digital art creators over time, should not be considered as securities.

Most NFTs Are Not Securities

In a May 19 blog post, Hester Pierce, the commissioner at the United States Securities and Exchange Commission, shared her thoughts on crypto and non-fungible token products. Before starting, Pierce has put a disclaimer that her views are her own as a commissioner and do not necessarily coincide with those of the Commission or her fellow Securities and Exchange Commissioners.

Here's what the Crypto Task Force has been doing and some things we're thinking about: https://t.co/YHXAYhr23P

— Hester Peirce (@HesterPeirce) May 19, 2025

Recent remarks from Hester Peirce, who is also the SEC Crypto Task Force lead, regarding non-fungible tokens have sparked significant interest in the crypto market, particularly among traders focusing on NFT-related tokens and blockchain platforms. According to the SEC Commissioner, not all non-fungible token collections are securities, advocating for a different approach when regulating these digital assets.

Crypto Mon asserts that many non-fungible tokens are not securities, including NFTs designed to compensate their creators over time. These NFTs are powered by smart contracts, which can be programmed to automatically transmit a portion of the sale price of an NFT to the creator of the artwork as a royalty each time it is resold. Just as streaming platforms pay royalties to the creator of a song or video each time a user plays it, an NFT can enable artists to benefit from the appreciation in the value of their work after its initial sale.

Pierce further argues that the “creator royalty” feature of certain NFTs does not provide the NFT owner rights or an interest in any business enterprise or “the kinds of profits traditionally associated with securities.” In crypto, “security” refers to both the security of the technology itself (like the blockchain) and the protection of digital assets and user information. A security token is a specific type of cryptocurrency that represents ownership or rights in a real-world asset, like shares in a company or real estate.

Pierce Pushes More NFT Agendas

Earlier this year, the United States Securities and Exchange Commission (SEC) held its first-ever roundtable meeting. During this meeting, led by then Acting SEC Chairperson Mark Uyeda, who assumed office following Gary Gensler’s resignation, Hester Peirce advocated that a crypto startup, which aspires to use non-fungible tokens as a fundraising mechanism to fund their work, should be exempted from the securities regulations. If she succeeds in exempting the majority of the NFTs from the Securities laws, there will be massive NFT adoption among creators, businesses and institutions.

Related NFT News:

Iconic NFT Game Axie Infinity Launches New NFT Accessories

NFT Sales Jump +11% To $128M This Week – InsideBitcoins

Zombie Punk Sells For $1.08M – Is The NFT Market Recovering?

JPMorgan Chase CEO Jamie Dimon said the bank will soon allow clients to buy Bitcoin (BTC),  a striking shift for a bank whose chief once called the cryptocurrency ‘’worthless.’’

The decision comes despite Dimon’s repeated attacks on Bitcoin over the years, including calling it a “scam,” a “pet rock,” and something he’d “shut down” if he were the government.

Dimon maintained that crypto is used for illicit activities, including sex trafficking and money laundering, but indicated that the U-turn is more about giving clients what they want.

“We are going to allow you to buy it,” Dimon said, while speaking at an annual investor day on May 19. “I don’t think you should smoke, but I defend your right to smoke. I defend your right to buy Bitcoin.”

Dimon said the bank won’t custody Bitcoin but will include it on client statements.

Dimon’s Stance On Bitcoin Unchanged

JPMorgan Chase’s decision marks a landmark shift for the US banking titan. In 2018, Dimon labeled Bitcoin as a scam that he had no interest in buying. He also called BTC “worthless” during the height of the 2021 bull market.

The decision follows similar moves made by competitors including Morgan Stanley, which has given its financial advisors the greenlight to pitch some spot Bitcoin ETFs (exchange-traded funds) to qualifying clients.

“I defend your right to buy Bitcoin.” – Jamie Dimon, JPMorgan CEOhttps://t.co/zc8CjKdAb9

— Michael Saylor (@saylor) May 19, 2025

Blockchain Technology Overhyped, Dimon Says

In addition to doubling down on his Bitcoin skepticism, Dimon also argued that blockchain technology is being overhyped. 

“We have been talking about blockchain for 12 to 15 years,” he said. “We spend too much on it. It doesn’t matter as much as you all think.”

That’s as JPMorgan Chase’s own blockchain platform, Kinexys, recently executed a test transaction on a public blockchain for the first time. 

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Iconic NFT Game Axie Infinity Launches New NFT Accessories

Sky Mavis, the popular digital asset incubation studio and the brainchild behind the iconic Axie Infinity non-fungible token game, has launched a new non-fungible token accessories collection on its Ronin, a gaming-centric EVM-based blockchain network. In this article, we shall exclusively explore more about the upcoming non-fungible token gaming accessories:

Axie Infinity Drops New NFT Accessories

In a May 19 blog post, Sky Mavis, through its Axie Infinity X account, confirmed plans to launch new non-fungible token gaming accessories. Axie Infinity is a play-to-earn game where players collect, breed, and battle NFT-based creatures called Axies, similar to Pokémon. The P2P NFT game is built on the Ethereum blockchain network, and players can trade their Axies in a marketplace.

5/ Final Thoughts

If you entered the nightmare realm during the Wings of Nightmare event last year, you’ll receive at least one of these accessories in your Ronin Wallet soon!

Stay tuned for more info ⚔️

— Axie Infinity (@AxieInfinity) May 19, 2025

The tech giant Sky Mavis launched its Axie Infinity NFT game in 2021. The blockchain game has grown in popularity, probably due to market hype in late 2021, and has now become the perfect example of a play-to-earn NFT game, where players can earn crypto and non-fungible tokens by simply engaging in gameplay. The NFT game’s success has contributed to the broader adoption of NFT technology in gaming.

There are several types of NFTs in the Axie Infinity NFT gaming ecosystem that users can use in various Axie experiences. These include: Axies, an adorable creature that is at the very core of the Axie Infinity NFT gaming ecosystem, Land plots, the digital pieces of land that are used in land development experiences and Runes, an equipment item used in Origins that enhances users ’ Axies’ battling capabilities.

Axie Infinity also features NFT accessories. By description, NFT accessories are digital items that can be purchased and worn by avatars or characters within a virtual world or game. These NFT accessories can be anything from clothing and hats to jewelry and gadgets, and they’re represented as unique, non-fungible tokens on the blockchain. Each NFT accessory is unique, meaning it’s not interchangeable with another similar item.

The Axies NFT Accessories Overview

The Axie Infinity team has launched three NFT accessories collections from the nightmare realm. It has launched Bloodmaw, which has a limited edition of 10,000 accessories. The Bloodmaw catches wandering nightmares between its teeth before they can invade the axie’s mind, helping keep its sanity intact. It has also launched Eyewyrm, which has a fixed supply of 2,000 items and Nightbloom, which has a limited edition of 1,000 digital items.

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NFT Sales Jump +11% To $128M This Week – InsideBitcoins

Zombie Punk Sells For $1.08M – Is The NFT Market Recovering?

Top Selling NFTs This Week – Punks Lead In Sales Volume

Bitcoin bulls are buzzing after Japan-based investment firm Metaplanet snapped up another 1,004 BTC—its second-largest purchase to date—just as Strategy executive chairman Michael Saylor hinted at yet another massive buy.

The back-to-back accumulations come after Bitcoin posted its highest-ever weekly candle close at $106,500, just 3% shy of its all-time high. Analyst Crypto Rover on X says the momentum could signal a “massive breakout” is imminent.

Metaplanet’s $104.3 million buy brings its total holdings to 7,800 BTC, fortifying its position as Asia’s largest corporate holder and the 11th biggest globally, according to BitcoinTreasuries. The Japan-based investment firm had also bought 1,241 BTC just a week ago. 

Metaplanet bought its latest BTC at an average price of $103,873, CEO Simon Gerovich said in a post on X.

Metaplanet has acquired 1004 BTC for ~$104.3 million at ~$103,873 per bitcoin and has achieved BTC Yield of 189.1% YTD 2025. As of 5/19/2025, we hold 7800 $BTC acquired for ~$712.5 million at ~$91,343 per bitcoin. $MTPLF pic.twitter.com/w4tqZA2QPK

— Simon Gerovich (@gerovich) May 19, 2025

Strategy, formerly MicroStrategy and still the world’s biggest corporate holder with 568,840 BTC, appears poised to add more after executive chairman Michael Saylor shared the now-famous “SaylorTracker” chart—his usual precursor to a new buy.

Analysts See “Massive Breakout” For Bitcoin After Highest-Ever Weekly Candle Close

Following the strong weekly close yesterday, Bitcoin recorded a minor drop in the last 24 hours to trade at $102,901.13 as of 1:06 a.m. EST, according to CoinMarketCap data.

Despite the pullback, the strong weekly close has excited analysts, who predict an imminent Bitcoin rally. 

Among those analysts is Rekt Capital, who told his over 546.8K followers on X  yesterday that the high weekly close could lead to a “brand new higher high” for BTC. 

Pseudonymous analyst Crypto Rover agreed, and posted earlier today that the “insanely bullish weekly close for Bitcoin” could soon be followed by a “massive breakout.”

Insanely bullish weekly close for Bitcoin.

It seems like history is repeating.

A little bit of consolidation, before a massive breakout! pic.twitter.com/XsJkqnD3pq

— Crypto Rover (@rovercrc) May 19, 2025

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The global non-fungible token market has recorded positive growth again this week, recording a trading sales volume of $128 million, up 11% in the past seven days. This growth is likely driven by a combination of increasing mainstream adoption, advancements in technology, and changing consumer preferences. In this article, we shall explore in-depth the full state of the NFT market this week as well as what traders should expect in the coming week and beyond.

NFT Sales Rise +11% This Week

Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token collection explorer, shows that the global non-fungible token market has surged in trading sales volume again this week. In the past seven days, the NFT market has raised a trading sales volume of $128 million, up 11% from the past month. The NFT market raised a trading sales volume of $115 million last week, up 10% from the previous month.

Ethereum, the blockchain network renowned in the global NFT market for powering the majority of blue-chip non-fungible token collections, is this week’s market leader. In the past seven days, the Ethereum-based NFTs have raised a trading sales volume of over $40 million. During this time, the Ethereum NFT trading sales volume has surged by 7.35% from the previous week.

Bitcoin, the blockchain network renowned in the NFT market for powering the popular Runes, BRC-20, and Ordinal collections, is this week’s second most-traded blockchain network in the NFT market. In the past seven days, the Bitcoin-based NFT collection has recorded a trading sales volume of $22 million. During this time, the Bitcoin NFT sales volume has risen by 42% from the past week.

Source: CryptoSlam

Polygon, a renowned scaling solution blockchain network on the Ethereum, is this week’s third most-traded network in the NFT market. In the past seven days, the Polygon-based NFT series has recorded a trading sales volume of $13 million. During this period, the Polygon-based NFT trading sales volume has plunged by 27% from the past week. The Courtyard NFT collection has been the major contributor to the Polygon NFT growth.

Mythos Chain, a specialized gaming blockchain network designed to support a Mythical gaming ecosystem, is this week’s fourth most traded blockchain network in the NFT market. This NFT ecosystem aims to empower players and creators within the gaming industry, allowing them to participate in the value chain and own their in-game assets. In the past seven days, the Mythos Chain NFT collection has amassed a trading sales volume of $13 million.

Immutable, a scaling solution for the Ethereum blockchain that focuses on NFT gaming, offering a faster, more scalable, and cost-effective environment for NFT transactions and minting, is this week’s fifth most-traded blockchain network in the global NFT market. In the past seven days, the Immutable-based NFT series has amassed a trading sales volume of $8.5 million. During this time, the Immutable NFT trading sales volume has surged by 11% from the past week.

Top Selling NFTs This Week

1. Courtyard NFT Collection

Courtyard, a non-fungible token collection from Courtyard.io, a platform that allows users to tokenize and trade physical collectibles, such as Pokémon cards, sports cards, sneakers, and more, as NFTs on the Polygon blockchain, has been the most-traded NFT collection this week. In the past seven days, the Courtyard NFT series has raised a trading sales volume of $9.9 million. During this time, the Courtyard NFT sales volume has plunged by 42% from the past week.

2.DMarket NFT Collection

DMarket, a non-fungible token collection from DMarket, an NFT and virtual in-game items market platform for the metaverse, has been the second most-selling NFT collection in the NFT market this week. In the past seven days, the DMarket NFT collection has recorded a trading sales volume of $8.4 million. During this time, the DMarket NFT trading sales volume plunged by 17.23% from the past week.

Source: CryptoSlam

3. CryptoPunks NFT Collection

CryptoPunks, a globally acknowledged non-fungible token collection featuring a limited set of 10,000 pixilated NFT collections previously created by the digital asset incubation studio Larva Labs but now managed by Node Infinite Foundation (NODE,) is this week’s third most-selling NFT collection in the NFT market. In the past seven days, the Punks NFT collection has raised a trading sales volume of $8 million. During this time, the Punks NFT sales have increased by 94.9%.

4. ?? BRC-20 NFT Collection

$??, a renowned non-fungible token collection created on the Bitcoin blockchain network using the BRC-20 protocol, is this week’s fourth most-selling non-fungible token collection in the global NFT market. In the past seven days, the $?? BRC-20 NFT collection has raised a trading sales volume of $7.5 million. During this period, the $?? BRC-20 NFT sales volume surged by 108% from the past week.

5. XSY Deposit NFT Collection

XYY Deposit, a non-fungible token collection featuring a limited edition of 34 items hosted on the Avalanche blockchain network, has been the fifth most-selling NFT collection in the NFT market. In the past seven days, the XYS Deposit NFT collection has recorded a trading sales volume of $6.8 million. During this period, the XSY Deposit NFT sales volume has surged by 469% from the past week.

6. Guilds Of Guardians Heroes NFT Collection

Guild of Guardians Heroes, a renowned non-fungible token collection from Guild of Guardians, a multiplayer, action, mobile fantasy role-playing game that allows players to role-play as heroes and go through dungeons to gather resources, has been the sixth most-selling NFT collection in the NFT market. In the past seven days, the Guild of Guardians Heroes NFT collection has recorded a sales volume of $5.9 million. During this time, the Guild of Guardians Heroes NFT sales volume surged by 10% from the previous week.

7. Pudgy Penguins NFT Collection

Pudgy Penguins, another globally acknowledged non-fungible token series from the digital asset firm Igloo Inc., featuring a fixed supply of 8,888 cute penguin cartoons hosted on the Ethereum blockchain network, has been the seventh most-selling NFT collection in the global NFT market this week. In the past seven days, the Pudgy Penguins NFT collection has recorded a trading sales volume of $3.2 million. During this period, the Pudgy Penguins NFT trading sales volume surged by 91% from the past week.

Source: CryptoSlam

8. Guild of Guardians Avatar NFT Collection

Guild of Guardians Avatar, another non-fungible token collection from the Guild of Guardians, a mobile fantasy role-playing game letting players role-play as heroes and go through dungeons to gather resources, has been the eighth most-selling NFT collection in the NFT market. In the past seven days, the Guild of Guardians Avatar NFT collection has recorded a sales volume of $2.5 million. During this time, the Guild of Guardians Heroes NFT sales volume surged by 10% from the previous week.

9. Taproot NFT Collection

Taproot, a non-fungible token collection from the digital asset firm Taproot Wizard featuring a fixed supply of 2,108 NFT items created using the ordinal protocol on the Bitcoin blockchain network, is this week’s ninth most-selling NFT collection in the NFT market. In the past seven days, the Taproot Wizard NFT collection has raised a trading sales volume of $2.1 million, up 69% from the past week.

10. Bored Ape Yacht Club NFT Collection

Bored Ape Yacht Club, another globally non-fungible token collection from the digital asset firm Yuga Labs featuring a fixed supply of 10,000 apes hosted on the Ethereum blockchain network, is this week’s tenth most selling NFT collection in the NFT market. In the past seven days, the Bored Ape NFT collection has garnered a trading sales volume of $2.1 million. During this time, the Bored Ape NFT sales volume surged by 49% from the past week.

The NFT Market Prediction

Non-fungible tokens are proving they are far from a fading trend. Even though the hype around digital art has slowed, NFT collections have evolved into valuable digital assets with real-world applications, gaming, corporate integrations, and financial utilities instead of being just worthless digital collectibles. In the coming weeks, the NFT market is slated to gain massive traction and probably retest another bull run.

Related NFT News:

Zombie Punk Sells For $1.08M – Is The NFT Market Recovering?

Top Selling NFTs This Week – Punks Lead In Sales Volume

Doodles NFT Team Launches A Social AI Mini-Game

Despite suffering a severe meltdown in the past several months, the global NFT market, led by the Ethereum, Bitcoin, Polygon, and Solana NFT markets, keeps on showcasing remarkable resilience. In the past weeks, the NFT market has seen its daily NFT trading sales volume staying above the $10 million mark, solidifying strong resilience amid the NFT market winter. In this article, we have listed some of the top-selling NFT collections this week:

1. CryptoPunks NFT Collection

CryptoPunks, a globally acknowledged non-fungible token collection featuring a limited edition of 10,000 pixilated PFPs previously created by the digital asset incubation studio Larva Labs, but now managed by the Node Infinite Foundation, is this week’s top-selling NFT collection in the NFT market. In the past 24 hours, the Punks NFT collection has amassed a trading sales volume of over $1.5 million. It has a market capitalization of $1.1 billion and a floor price of $115,708.

Source: CoinGecko.com

2. Courtyard NFT Collection

Courtyard, a non-fungible token collection from Courtyard, a renowned digital platform built on the Polygon blockchain network specializing in the tokenization of real-world assets (RWA) like Pokémon cards and sports cards, turning them into NFTs, is this week’s second most selling NFT collection in the NFT market. In the past 24 hours, the Courtyard NFT collection has recorded a trading sales volume of $491,620. It has a market capitalization of $1.4 million.

3. Pudgy Penguins NFT Collection

Pudgy Penguins, another globally acknowledged non-fungible token collection from the digital asset firm Igloo featuring a fixed edition of 8,888 penguin cartoon birds hosted on the Ethereum blockchain network, is this week’s third most-selling NFT collection in the global NFT market. In the past 24 hours, the Pudgy Penguins have recorded a trading sales volume of $370,294. The NFT collection has a market capitalization of $219 million and a floor price of $24,686.

4. Good Vibes Club NFT Collection

Good Vibes Club, a non-fungible token collection from the digital asset incubation studio Toast featuring a limited edition of 6,969 meticulously crafted high-quality 3D PFP NFTs hosted on the Ethereum blockchain network, is this week’s fourth most-selling non-fungible token series in the NFT market. In the past 24 hours, the Good Vibes Club NFT collection has raised a trading sales volume of $246,351. It has a market cap of $12 million and a floor price of $1,788.

5. Doodles NFT Collection

Doodles, a renowned non-fungible token series from the digital artist Burnt Toast and his team featuring a limited set of 10,000 cartoon characters hosted on the Ethereum blockchain network, is this week’s fifth most-selling NFT collection in the global NFT market. In the past 24 hours, the Doodles NFT collection has amassed a trading sales volume of $215,869. It has a market cap of $29 million and a floor price of $2,967.

6. Lil Pudgy NFT Collection

Lil Pudgy, another non-fungible token collection from the digital asset Igloo Inc featuring a fixed edition of 22,222 cute penguins cartoon birds hosted on the Ethereum blockchain network, is this week’s sixth most-selling NFT collection in the global NFT market. In the past 24 hours, the Lil Pudgy NFT collection has raised a trading sales volume of $180,060. The Lil Pudgy NFT series has a market capitalization of $68 million and a floor price of $3,129.

Source: CoinGecko.com

7. Famous Fox Federation NFT Collection

Famous Fox Federation, a non-fungible token collection from anonymous developers Draxx and FoxyDev featuring a limited edition of 7,777 2D NFTs featuring distinct fox cartoons, which are generated from a pool of over 1 million combinations, is this week’s seventh most-selling NFT collection in the NFT market. In the past 24 hours, the Famous Fox Federation NFT collection has recorded a trading sales volume of $165,173. It has a market capitalization of $4 million and a floor price of $525.

8. What The FFFF NFT Collection

What The FFFF, a non-fungible token collection featuring a limited supply of 1,000 little FFFFs hosted on the Ethereum blockchain network, is this week’s eighth most-selling NFT collection in the global NFT market. In the past 24 hours, the What the FFFF NFT collection has recorded a trading sales volume of $147,363. The What the FFFF NFT collection has a market capitalization of $27,319 and a floor price of $27.

9. Froganas NFT Collection

Froganas, a non-fungible token collection from the digital artist Tee featuring a limited edition of 5,555 humanoid flogs hosted on the Solana blockchain network, is this week’s ninth most-selling NFT collection in the NFT market. In the past 24 hours, the Froganas NFT collection has raised a trading sales volume of $112,928. It has a market capitalization of $148,431 and a floor price of $26.

10. Bored Ape Yacht Club NFT Collection

Bored Ape Yacht Club, a non-fungible token collection from the digital asset incubation studio Yuga Labs featuring a limited supply of 10,000 Ape PFPs hosted on the Ethereum blockchain network, is this week’s tenth most-selling NFT collection in the global NFT market. In the past 24 hours, the Bored Ape Yacht Club NFT series has raised a trading sales volume of $111,685, closing our top ten selling NFT collections this week. It has a market cap of $315 million and a floor price of $31,541.

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Ripple made a bid of up to $5 billion to acquire USDC issuer Circle, but the offer was rejected as too low, Bloomberg reported.

Sources told the news wire that the proposed deal was valued at between $4 billion and $5 billion. Ripple has not submitted a follow-up offer, it said.

Ripple is trying to break into the $239 billion market capitalization stablecoin market and launched its RLUSD stablecoin in December. But it remains a small player, with RLUSD’s market cap standing at just $317 million, compared to USDC’s $61.5 billion, according to CoinMarketCap.

Ripple Bid Comes Just 30 Days After Circle Filed For An IPO

The bid came just a month after Circle, the issuer of the second largest stablecoin by market cap, filed for an Initial Public Offering (IPO). 

It reflects Ripple’s aggressive expansion strategy as it moves past its legal battle with the US Securities and Exchange Commission(SEC). The firm recently acquired prime broker Hidden Road for $1.25 billion to boost XRP adoption and usage of the XRP Ledger.

Today, @Ripple announced the acquisition of Hidden Road for $1.25B, one of the largest deals ever in the crypto space. But the price tag isn’t what’s most important – it’s that this deal marks a once-in-a-lifetime opportunity for crypto to access the largest and most trusted…

— Brad Garlinghouse (@bgarlinghouse) April 8, 2025

Analysts See 85% Chance XRP ETF Will Be Approved In 2025

Ripple’s XRP token has also benefited from the recent developments in the SEC case. Bloomberg analyst Eric Balchunas placed the odds that a spot XRP ETF (exchange-traded product) will get the SEC’s approval in 2025 at 85%.

Would love to hear directly from Atkins, but all good chance of happening. Here’s our latest odds of approval for all the dif spot ETFs via @JSeyff https://t.co/nLhYJJmO9U pic.twitter.com/4AcJVwhics

— Eric Balchunas (@EricBalchunas) April 30, 2025

That comes after XRP futures ETFs were approved by the agency in recent weeks. 

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There’s now a 90% chance that the US Securities and Exchange Commission will approve a Solana ETF in 2025, up from 70% earlier this year, according to Bloomberg Intelligence.

The estimate, shared on April 30 by Bloomberg ETF analysts Eric Balchunas, also raised the approval odds for several other altcoin ETFs, including Dogecoin, XRP, and Cardano.

Six asset managers — including Grayscale, VanEck, and Bitwise — have filed to launch Solana ETFs.

Bloomberg now gives remittance token XRP an 85% chance of approval, while Dogecoin and Cardano stand at 80% and 75%, respectively. Those figures are up from 65%, 75%, and slightly lower estimates earlier this year.

Polkadot, Hedera, and Avalanche are also expected to receive approval, with odds above 70%. Litecoin remains at 90%, unchanged from Bloomberg’s February forecast.

Balchunas believes the SEC may be treating many of these tokens as commodities, increasing their chances of approval.

NEW: @EricBalchunas and I took a look at the filings for spot crypto ETFs. We're putting out relatively high odds of approval across the board. Mainly focused on Litecoin, Solana, XRP, and Dogecoin for now.

Here's the table with the odds and some other details: pic.twitter.com/xaXaNXLb0M

— James Seyffart (@JSeyff) February 10, 2025

Multiple Asset Managers Have Filed For LTC, XRP And Solana ETFs

The post by Balchunas shows that six asset managers have filed for Solana ETFs as of April 30. Bidding issuers are Grayscale, VanEck, 21Shares, Canary, Bitwise and Franklin. 

Canary, Grayscale and Coinshares have also filed for their own Litecoin ETFs. Meanwhile, 6 firms are bidding for their own XRP ETFs.

Grayscale, Bitwise and 21Shares have also filed for their own DOGE ETFs.

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FTX Sues NFT Star Marketplace In Bid To Recover Lost Funds

Non-fungible token items can be a good investment for some, offering massive returns and unique ownership of digital assets. However, they are also highly speculative and volatile. NFT projects heavily rely on a strong community for their success. Even though the technology behind NFTs is important, the community surrounding them drives engagement, marketing, and ultimately, the value of the NFTs themselves.

In essence, a thriving NFT community acts as a network of enthusiasts who are passionate about the project, its art, and the community itself, ultimately contributing to its success and longevity. This investment insight makes the NFT marketplace coins one of the best digital assets to watch in 2025. Below, we have listed some of the most-selling NFT marketplace coins this week:

1. Magic Eden $ME

$ME is the official token that powers the Magic Eden, a non-fungible token marketplace used for buying, selling, and trading NFTs across various blockchains, including Solana, Ethereum, and Polygon. $ME acts as the central currency within the Magic Eden ecosystem, allowing users to participate in staking, quests, and earn rewards for their activity. $ME has been the most selling NFT marketplace coin this week. In the past 24 hours, $ME has amassed a trading sales volume of $62 million.

2. LooksRare $LOOKS

$LOOKS is the native ERC-20 utility token for the LooksRare NFT marketplace. LOOKS is used to incentivize users to participate in the LooksRare NFT ecosystem and to reward those who contribute to the platform’s growth. $LOOKS has been the second most-traded NFT marketplace coin this week. In the past 24 hours, $LOOKS has raised a trading sales volume of $40 million, up 74% from the previous day.

Source: CoinGecko.com

3. Blur $BLUR

The $BLUR token is the native cryptocurrency of the Blur NFT platform, serving as a governance token and being used to incentivize users and facilitate various utility functions within the Blur NFT ecosystem. $BLUR has been the third most-traded NFT marketplace coin this week. In the past 24 hours, the $BLUR coin has recorded a trading sales volume of $18 million. $BLUR sales have plunged by 2.4% from the past day.

4. Altura $ALU

$ALU is Altura’s native utility token, used for all in-platform transactions and services. From trading in-game assets on the marketplace to unlocking AI features, such as Altura Intelligence tools, ALU underpins the Altura ecosystem and ensures smooth, secure operations. $ALU is this week’s fourth most-traded NFT marketplace coin. In the past 24 hours, the $ALU coin has recorded a sales volume of $10 million.

5. Tensor $TNSR

$TNSR is the governance and utility token for the Tensor protocol, a leading NFT marketplace on the Solana blockchain. TNSR enables token holders to participate in governance decisions, access discounts on Tensor protocol fees, and receive a portion of protocol revenue. $TNSR is this week’s fifth most-traded NFT marketplace coin. In the past 24 hours, the $TNSR has raised a trading sales volume of $4.7 million.

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FTX Sues NFT Star Marketplace In Bid To Recover Lost Funds

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NFT Sales Fall In April, Down 40% From March 2025

FTX, the crypto exchange that went bankrupt, has filed a lawsuit against NFT Stars, an Ethereum blockchain-based digital non-fungible token marketplace, and Kurusemi (Delysium), a renowned blockchain company. The crypto exchange seeks to recover funds from the two companies after they failed to deliver all the digital tokens, like cryptocurrencies or NFTs, that FTX had paid for.

FTX Perseus NFT Stars And Kurosemi

In a press release published earlier this week, the FTX Recovery Trust confirmed that it filed a lawsuit on Monday against NFT Stars NFT marketplace and Kurosemi, which does business as Delysium, alleging the two companies failed to deliver crypto tokens promised under investment agreements with Alameda Research’s venture arm, Alameda Venture. In the FTX, Alameda Research acted as FTX’s main market maker. It played a significant role in the growth of FTX.

FTX Seeks to Recover $1.8mm in AGI tokens, $88k in SIDUS tokens, and $8.8k in SENATE tokens

Of all the things creditors want to hear about in a press release, this isn't much of an update. pic.twitter.com/OKUMwKM76J

— Mr. Purple (@MrPurple_DJ) April 30, 2025

FTX was one of the leading cryptocurrency exchanges that allowed users to buy, sell, and trade various cryptocurrencies. Customers could also store cryptocurrencies by creating a crypto wallet using software or hardware, which is not part of the platform. It was a major player in the crypto exchange market before its collapse in 2022 due to fraudulent activities and misuse of customer funds.

The FTX crypto exchange has come back to life and has started chasing crypto projects that had defrauded its funds. The team has filed a lawsuit against NFT Star, a non-fungible token market platform allowing users to buy, sell, and trade NFTs, and Delysium, a project building a virtual world where humans and AI Virtual Beings coexist on a blockchain. The project aims to create an open-world, AI-powered, and player-owned MMO game in a cyberpunk setting, set in 2070.

In a charge sheet tabled before the U.S. Bankruptcy Court in Delaware, the FTX Recovery Trust claims that NFT Stars and Delysium did not deliver the digital tokens FTX had paid for. Despite FTX trying many times to resolve the issue with these companies, they haven’t responded or delivered the tokens. The FTX team noted that they reached out multiple times to both companies without success.

FTX Wants Its +$1.3M Back

In the case against marketplace NFT Stars, FTX claims it paid $325,000 in November 2021 for rights to 1.35 million SENATE tokens and 135 million SIDUS tokens. While NFT Stars initially delivered some of the tokens, it allegedly failed to complete further transfers following FTX’s bankruptcy filing. And in the case against Delysium, FTX says its trading company, Alameda Research, paid $1 million in January 2022 to buy 75 million AGI tokens. Neither NFT Stars nor Delysium responded to requests for comment.

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The Fédération Internationale de Football Association (FIFA) continues solidifying its position in the global non-fungible token market. In its recent move, the international football federation has moved its non-fungible token collections from Algorand to an Ethereum Virtual Machine (EVM)-compatible blockchain network. FIFA anticipated offering its NFT users improved performance and scalability.

FIFA Launches Own Blockchain Network

In an April 30 site publication, the Fédération Internationale de Football Association confirmed plans to migrate its non-fungible token collections to its new FIFA blockchain network. The new blockchain network is compatible with Ethereum Virtual Machine (EVM) and is expected to offer enhanced performance, future features, and improved scalability. The move is set to happen on May 20, 2025.

🚨BREAKING: FIFA to launch it's own EVM compatible blockchain 💪 pic.twitter.com/KGXWyCzB3K

— Marzell (@MarzellCrypto) April 30, 2025

FIFA entered the NFT market in 2022 with the launch of its digital collectibles platform, FIFA+ Collect, in partnership with Algorand. In 2023, FIFA, the governing body of international soccer competitions, announced the launch of a non-fungible token (NFT) collection in collaboration with blockchain firm Modex. Since its inception, the FIFA+ Collect platform has conducted 11 NFT drops, minting 909,255 digital collectibles and attracting 16,448 holders.

From next month, FIFA Collect will migrate from the Algorand blockchain to the new FIFA Blockchain. Existing owners of FIFA Collect NFTs will be able to access their collectibles on the new platform. FIFA has promised its FIFA+ Collect NFT users a more enhanced experience than before, with access to their digital collectibles through their existing crypto wallet accounts.

FIFA + Collect NFT Migration Explained

Based on information shared on its website, the migration process will be free of charge for all collectible holders. However, FIFA noted that any collectibles exported from the platform must be reimported before May 20, 2025, to be included in the migration. To facilitate this, the FIFA Collect accounts will temporarily allow re-import functionality. Holders who fail to re-import their items by the deadline will need to contact customer support and may have to go through an additional verification process.

FIFA’s move to abandon Algorand and create its EVM-compatible blockchain network is a strategic step to position itself with a broader industry trend as more projects embrace Ethereum standards to boost scalability, interoperability, and developer adoption. FIFA appears to follow the footprint of Injective, which recently launched native EVM support. Since then, it has achieved high throughput and enabled advanced features like on-chain AI and institutional-grade DeFi.

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