The cryptocurrency market is witnessing a resurgence with investment inflows of $785 million last week, supported by investor confidence despite economic tensions. The United States leads with $681 million, according to CoinShares report.
Ethereum (ETH): Led with inflows of $205 million, supported by the Pectra upgrade (launched on May 7, 2025) and the appointment of Tomas Stanchak as co-CEO. The price dropped to $2200 but with expectations to rise to $3000.
Bitcoin (BTC): Attracted $557 million, with a slight decline due to Federal Reserve signals.
Solana (SOL): Recorded outflows of $0.89 million, with a closed value decrease of 64%. However, developments like a 30% increase in MNDE and the Raidium LaunchLab platform support growth.
Advice for traders on Binance: Use the analysis tools on Binance to track resistance and support levels, while managing risks carefully.
