Analysis: For the first time in its 10+ year history, #ETH | FormulaCryptoUpdates on Binance Square

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Analysis:
For the first time in its 10+ year history, #ETH has less than 4.9% of its supply on exchanges. And #BTC supply on exchanges has fallen to 7.1% for the first time since November 2018.

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ETH

2,533.71

+5.04%

BTC

105,352.81

+2.12%

4

0

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Why Pi Network Created KYB (Know Your Business) Ethos A Safety-First Ecosystem By implementing these standards, Pi Network enhances ecosystem security, legitimacy, and longevity, establishing a verified foundation for future integrations with KYB verified businesses. Safety KYB verified businesses and partners interface with real KYC verified Pioneers, and vice versa. Scam Prevention Only KYB verified businesses will be able to have Pi Wallets on the Pi Mainnet to facilitate their operations. Refrain from interacting with non-KYB verified businesses that claim to have Pi Mainnet Wallet. Compliance KYB requires proper licenses for businesses’ respective geolocations, supporting the survival and longevity of the Pi project. Platform Level Utility A KYC’ed and KYB’ed network provides Pi with a collective resource for other services to integrate, and provides for platform-level utility now and in the future.

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How Much BNB to Be a Crypto Millionaire? Did you know BNB is one of the most successful ICOs of all time? Since 2017, it has done a whopping 4371x. It also provides one of the lowest risk/return ratios in crypto. But today, we are looking at how many $BNB does it take to become a millionaire in 2025? Let’s find out. Historical Performance & The Latest A look at Binance’s recent performance shows us down slightly from ~$700 to its current $656 for the year-to-date. So that’s down about 8.5% in that time. But, the long term is very bullish from the low 200s in October 2023 to its price now, 18 months later. A nearly 3x. After hitting an all-time high of $788 in December, BNB is down 16%. But markets have been chaotic and volatile so far this year for many, not only BNB. You may have seen that Coinbase joined the S&P 500 in the US. And that’s a big, big deal. As you know, Coinbase has the Base L2, but they have no token.

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Justin Sun Attends Trump's Cryptocurrency Gala Dinner Justin Sun, founder of TRON, will participate in President Trump's Gala Dinner on May 22, 2025, as the largest holder of$TRUMPtokens. The event highlights the link between crypto assets and political influence, impacting market dynamics and regulatory discussions. Justin Sun, a leading figure in cryptocurrency, confirmed his attendance at the Gala Dinner hosted by former President Trump. The event is linked to the $TRUMP token, with top holders invited. Sun's holdings are valued at roughly $18 million. Participation in the event is determined by $TRUMP memecoin ownership, with Sun securing his position through significant token acquisition. The event underscores the fusion of digital assets and political interests. Invitations are extended to wealthy individuals holding substantial $TRUMP tokens. The Gala Dinner has caused a surge in demand for $TRUMP tokens, fostering intense competition. Market behaviors indicate heightened interest leading up to the event. The token's popularity reflects a broader intersection of cryptocurrency and political spheres. The integration of token-based metrics for social events signals a shift in political engagement strategies. This strategy emphasizes attracting global financial interest through crypto. The market has responded with increased activity, revealing the evolving nature of such events. Experts speculate that cryptocurrency may increasingly integrate with political influence. Regulatory challenges may arise concerning foreign nationals participating in US political settings via such means.

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SEC Delays Solana ETF Decision Amid Market Manipulation Concerns The U.S. Securities and Exchange Commission (SEC) has officially delayed its decision on multiple spot Solana (SOL) exchange-traded fund (ETF) applications submitted by leading asset managers such as Bitwise, 21Shares, VanEck, Canary Capital, and Fidelity. The decision, announced on May 19, 2025, is part of the regulatory body’s broader caution toward crypto-based ETFs that are not tied to Bitcoin or Ethereum. Why Did the SEC Delay the Solana ETFs? According to the SEC, the delay stems from unresolved concerns regarding potential market manipulation and the need to ensure stronger investor protection mechanisms. The Commission stated that more time is needed to evaluate whether the proposed ETFs meet regulatory standards designed to prevent fraud and manipulation in the market. As a result, the SEC has initiated formal proceedings to assess the ETF filings in greater detail. This includes opening a public comment period, during which stakeholders and the public can submit feedback to support or oppose the approval of these products. A Pattern of Caution from the SEC This delay is not unique to Solana. While the SEC has approved spot Bitcoin ETFs and recently greenlit Ethereum ETFs, the Commission continues to scrutinize products based on other cryptocurrencies such as Solana, XRP, and Dogecoin. These altcoin ETF proposals remain in limbo as regulatory agencies weigh the risks tied to their respective market structures and liquidity.

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Why is XRP Price Stagnant After CME Futures Breakthrough Launch? The much-anticipated XRP futures launch on the Chicago Mercantile Exchange (CME) finally went live yesterday, May 19, 2025. Many investors would have thought that the price of the Ripple-backed coin would at least showcase some spiking movement on the news, however, XRP’s price has remained relatively stagnant, hovering around $2.37. This lack of significant movement has puzzled investors who expected the futures launch to catalyze a price surge. Institutional Interest vs. Market Reality The introduction of XRP futures by CME was seen as a milestone, offering institutional investors a regulated avenue to gain exposure to XRP. Giovanni Vicioso, CME’s Global Head of Crypto Products, noted that the launch aimed to provide a capital-efficient toolset to support clients’ investment and hedging strategies. However, the immediate market response has been muted. While open interest in XRP derivatives remains robust, indicating sustained institutional engagement, this has not translated into upward price momentum. Analysts suggest that the market had already priced in the futures launch, leading to a “buy the rumour, sell the news” scenario, a situation where assets rally in anticipation of big news, but fail to maintain momentum once the news becomes official.

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