Phoenix Group
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MAJOR UPCOMING EVENTS IN MAY
#Fleek $FLK #THORChain $RUNE #YieldGuildGames $YGG #IOTA $IOTA #Kaspa $KAS #CasperNetwork $CSPR #Ethereum $ETH #Livepeer $LPT #SEC #eCash $XEC #Fusionist $ACE #FTX $FTT #Zilliqa $ZIL #Obol $OBOL #Mezo
#Fleek $FLK #THORChain $RUNE #YieldGuildGames $YGG #IOTA $IOTA #Kaspa $KAS #CasperNetwork $CSPR #Ethereum $ETH #Livepeer $LPT #SEC #eCash $XEC #Fusionist $ACE #FTX $FTT #Zilliqa $ZIL #Obol $OBOL #Mezo
TOP 10 COINS BY LUNARCRUSH GALAXY SCORE
$AAVE $POLIS $AERGO $KILO $XION $NOTE $BGB $SEND $AR $BEAMX
$AAVE $POLIS $AERGO $KILO $XION $NOTE $BGB $SEND $AR $BEAMX
Weekly Market Overview — May 24, 2025
📊 A snapshot of this week’s crypto market activity, highlighting sector performance, price trends, and key indicators.
🔥 Top Categories (7D):
DEX +16.87%
Optimism Ecosystem +16.63%
AI Agents +12.08%
Social +10.90%
Infrastructure +10.44%
📉 Market Indicators:
😨 Fear & Greed Index: 70 (Greed)
🟠 Altcoin Season Index: 23/100 — Bitcoin remains dominant
#CryptoUpdate #MarketRecap #DigitalAssets #CryptoTrends #WeeklyOverview
📊 A snapshot of this week’s crypto market activity, highlighting sector performance, price trends, and key indicators.
🔥 Top Categories (7D):
DEX +16.87%
Optimism Ecosystem +16.63%
AI Agents +12.08%
Social +10.90%
Infrastructure +10.44%
📉 Market Indicators:
😨 Fear & Greed Index: 70 (Greed)
🟠 Altcoin Season Index: 23/100 — Bitcoin remains dominant
#CryptoUpdate #MarketRecap #DigitalAssets #CryptoTrends #WeeklyOverview
WalletConnect expands WCT token to Solana, plans 5 Million token airdrop
#WalletConnect has launched its WCT token on #Solana , marking its third supported chain after Optimism and Ethereum. The expansion uses Wormhole’s native token transfers (NTT) system, allowing #WCT to move natively across all three networks. To support the rollout, WalletConnect will airdrop 5 million $WCT to active Solana $SOL users via platforms like #Phantom , #Jupiter , #Backpack, and #Solflare.
#WalletConnect has launched its WCT token on #Solana , marking its third supported chain after Optimism and Ethereum. The expansion uses Wormhole’s native token transfers (NTT) system, allowing #WCT to move natively across all three networks. To support the rollout, WalletConnect will airdrop 5 million $WCT to active Solana $SOL users via platforms like #Phantom , #Jupiter , #Backpack, and #Solflare.
Polygon co-founder Mihailo Bjelic steps down, marking third founder departure
Mihailo Bjelic, a co-founder of #Polygon $POL , has announced his departure from the project’s development studio, Polygon Labs, and its foundation board. Bjelic cited diverging visions as the reason for stepping away, though he expressed continued support for the project from the sidelines. Bjelic’s exit follows the earlier departures of co-founders Jaynti Kanani and Anurag Arjun, making him the third founding member to leave active roles in the organization.
Mihailo Bjelic, a co-founder of #Polygon $POL , has announced his departure from the project’s development studio, Polygon Labs, and its foundation board. Bjelic cited diverging visions as the reason for stepping away, though he expressed continued support for the project from the sidelines. Bjelic’s exit follows the earlier departures of co-founders Jaynti Kanani and Anurag Arjun, making him the third founding member to leave active roles in the organization.
MAJOR RECENT CRYPTO FUNDRAISING EVENTS
#World $WLD #Slash #CatenaLabs #Roxom #TrueMarkets #TheBlockchainGroup #Hyperdrive #VOYAGames
#World $WLD #Slash #CatenaLabs #Roxom #TrueMarkets #TheBlockchainGroup #Hyperdrive #VOYAGames
U.S. Banks explore joint stablecoin initiative amid pending regulation
Several major U.S. banks, including #JPMorganChase , #BankofAmerica , #Citigroup , and #WellsFargo , are in early discussions to develop a joint #stablecoin project, according to a Wall Street Journal report. The move would be a direct challenge to the current dominance of crypto-native issuers #Circle and #Tether in the $245 billion #stablecoin market. The banks are reportedly exploring the effort through their affiliated payment companies, such as Early Warning Services and the Clearing House.
Several major U.S. banks, including #JPMorganChase , #BankofAmerica , #Citigroup , and #WellsFargo , are in early discussions to develop a joint #stablecoin project, according to a Wall Street Journal report. The move would be a direct challenge to the current dominance of crypto-native issuers #Circle and #Tether in the $245 billion #stablecoin market. The banks are reportedly exploring the effort through their affiliated payment companies, such as Early Warning Services and the Clearing House.
Hyperdrive raises $6M in a Series A funding round
Hyperdrive secures $6M in a funding round led by #HackVC and #ArringtonCapital , with participation from #DelphiVentures, #CMSHoldings, #AmberGroup, #SusquehannaInternationalGroup, #Caladan, #ProofVC and angel investors.
#Hyperdrive is a decentralized finance #DeFi platform focused on stablecoin lending and yield strategies within the #Hyperliquid ecosystem.
Hyperdrive secures $6M in a funding round led by #HackVC and #ArringtonCapital , with participation from #DelphiVentures, #CMSHoldings, #AmberGroup, #SusquehannaInternationalGroup, #Caladan, #ProofVC and angel investors.
#Hyperdrive is a decentralized finance #DeFi platform focused on stablecoin lending and yield strategies within the #Hyperliquid ecosystem.
LIQUIDATION DATA IN 24 HOURS
TOTAL LIQUIDATIONS: UP TO $442.07M
TOP 5 COINS WITH HIGHEST LIQUIDATION:
$BTC ~ $189.14M
$ETH ~ $135.78M
$SOL ~ $33.78M
#DOGE ~ $19.62M
#SUI ~ $14.70M
#Blockchain #DeFi #liquidation
TOTAL LIQUIDATIONS: UP TO $442.07M
TOP 5 COINS WITH HIGHEST LIQUIDATION:
$BTC ~ $189.14M
$ETH ~ $135.78M
$SOL ~ $33.78M
#DOGE ~ $19.62M
#SUI ~ $14.70M
#Blockchain #DeFi #liquidation
Orbiter Finance announces an airdrop for Binance Alpha traders
#Binance airdrops 8,000 $OBT (~$93) to eligible users with at least 200 Alpha Points. Users can claim airdrop until May 25nd at 10:00 UTC; otherwise, the reward will become unavailable. Сlaiming an airdrop will consume 15 Alpha Points.
#OrbiterFinance is a decentralized bridge protocol that facilitates the transfer of assets between different blockchain networks, particularly focusing on #Ethereum and its #Layer2 rollups.
#Binance airdrops 8,000 $OBT (~$93) to eligible users with at least 200 Alpha Points. Users can claim airdrop until May 25nd at 10:00 UTC; otherwise, the reward will become unavailable. Сlaiming an airdrop will consume 15 Alpha Points.
#OrbiterFinance is a decentralized bridge protocol that facilitates the transfer of assets between different blockchain networks, particularly focusing on #Ethereum and its #Layer2 rollups.
DAILY GAINERS
#RWA +38.2%
#STMX +18.8%
#SEND +17.3%
#MATH +16.4%
$ARDR +13.5%
$AMPL +9.3%
$OL +9.2%
$BOBA +8.9%
$GEAR +8.2%
$SYRUP +7.0%
#dailygainers
#RWA +38.2%
#STMX +18.8%
#SEND +17.3%
#MATH +16.4%
$ARDR +13.5%
$AMPL +9.3%
$OL +9.2%
$BOBA +8.9%
$GEAR +8.2%
$SYRUP +7.0%
#dailygainers
Daily Summary on May 24, 2025
$WLD $AAVE $HYPE $PI $INJ $BTC $ETH $SOL #DOGE #SUI
#dailysummary #DeFi #Crypto
$WLD $AAVE $HYPE $PI $INJ $BTC $ETH $SOL #DOGE #SUI
#dailysummary #DeFi #Crypto
Plume Network unveils a partnership with Skate
#PlumeNetwork partners with #Skate , an infrastructure layer that enables users to interact seamlessly from their native chains by connecting them to all VMs. Through this partnership, Skate AMM will support Plume Network, enabling cross-ecosystem liquidity and making its #RWA products accessible across all ecosystems.
Plume is a fully integrated and modular chain designed to incorporate real-world assets into the blockchain. It supports diverse asset investments, including art and green energy, while offering fast transactions and low fees.
👉 x.com/skate_chain/status/1925475945940754660
#PlumeNetwork partners with #Skate , an infrastructure layer that enables users to interact seamlessly from their native chains by connecting them to all VMs. Through this partnership, Skate AMM will support Plume Network, enabling cross-ecosystem liquidity and making its #RWA products accessible across all ecosystems.
Plume is a fully integrated and modular chain designed to incorporate real-world assets into the blockchain. It supports diverse asset investments, including art and green energy, while offering fast transactions and low fees.
👉 x.com/skate_chain/status/1925475945940754660
Alchemy unveils acquisition of HeyMint
#Alchemy has acquired #NFT launchpad #HeyMint to enhance its smart wallet offerings. Through the acquisition, the HeyMint and #HeyMintQuest teams will join Alchemy to help grow and support Alchemy Smart Wallets, streamlining #web3 app onboarding. The acquisition was concluded on April 30th, with the terms of the deal remaining undisclosed.
Alchemy is a developer platform designed to help companies build scalable decentralized applications while eliminating the need to manage blockchain infrastructure internally.
👉 theblock.co/post/355479/alchemy-acquires-heymint-develop-alchemy-smart-wallets
#Alchemy has acquired #NFT launchpad #HeyMint to enhance its smart wallet offerings. Through the acquisition, the HeyMint and #HeyMintQuest teams will join Alchemy to help grow and support Alchemy Smart Wallets, streamlining #web3 app onboarding. The acquisition was concluded on April 30th, with the terms of the deal remaining undisclosed.
Alchemy is a developer platform designed to help companies build scalable decentralized applications while eliminating the need to manage blockchain infrastructure internally.
👉 theblock.co/post/355479/alchemy-acquires-heymint-develop-alchemy-smart-wallets
Sophon $SOPH will be listed on Binance Alpha and Binance Futures
#Sophon $SOPH will open for trading on #Binance Alpha and SOPHUSDT Perpetual Contract will be available on Binance Futures with up to 50x leverage on May 28th.
Sophon is a modular Layer 2 solution designed around the zkSync hyperchain and powered by zkStack. The project is backed by YZi Labs, Paper Ventures, The Spartan Group, Maven11, SevenX, OKX Ventures, HTX Ventures and others.
👉
binance.com/en/support/announcement/detail/861ed244616341d39aee5452b9b5bbb8
#Sophon $SOPH will open for trading on #Binance Alpha and SOPHUSDT Perpetual Contract will be available on Binance Futures with up to 50x leverage on May 28th.
Sophon is a modular Layer 2 solution designed around the zkSync hyperchain and powered by zkStack. The project is backed by YZi Labs, Paper Ventures, The Spartan Group, Maven11, SevenX, OKX Ventures, HTX Ventures and others.
👉
binance.com/en/support/announcement/detail/861ed244616341d39aee5452b9b5bbb8
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