$SOL 🪙 The total value of RWA assets on the Solana blockchain has hit an all-time high of $2.8 billion. The number of holders has also set a new record at 216,000.
At the same time, Solana topped the charts among blockchains for daily stablecoin supply growth, with new assets worth $132 million entering the protocol. Most other networks saw outflows.
Top experts are discussing the future prospects of Bitcoin amid the influx of institutional investments in crypto. 1. Bitcoin remains in a tight price range despite the outflow from ETFs, indicating strong support from buyers. 2. Billions are flowing back into the crypto market through ETFs and stablecoins, backing the major assets. 3. BTC has encountered significant technical resistance at a key moving average, which could lead to a price dip. 4. A major vulnerability worth $193 million has revealed serious operational risks in cross-chain infrastructure. 5. A mysterious Chinese quantitative model warns of a rough May for Bitcoin bulls.
Here are the key upcoming events in the crypto space that could pack a punch: 1. Deadline for the CLARITY Act review in the Senate committee on May 21 – a miss could delay crypto regulation in the USA for years. 2. CME going 24/7 for crypto futures trading starting May 29 – this could boost liquidity and attract more institutional players. 3. First meeting of the Federal Open Market Committee (FOMC) under new leadership on June 16-17 – signals on monetary policy from Chair Kevin Warsh will impact market liquidity. 4. Full enforcement of the EU MiCA regulation starting July 1 – exchanges not compliant risk losing access to the EU market. 5. U.S. midterm elections on November 3 – the outcome will determine control over key financial committees and the fate of crucial crypto legislation.
$ETH $SOL $BNB $XRP $TRX $BTC Altcoins aren't outpacing Bitcoin. The CMC Altcoin Season Index shows 31 out of 100 (Bitcoin season), while Bitcoin dominance holds steady at 60.17%. 1. BTC Dominance and Altcoin Season Index – Dominance is stable at 60.17%, and the altcoin season index has dropped to 31 out of 100, confirming the lack of capital flow into altcoins. 2. Major altcoins lagging behind – Ethereum (-7.27% over 7 days) and Solana have shown worse performance compared to Bitcoin (-3.58% over 7 days), negatively impacting sentiment in the sector. 3. Local rallies without broad support – Sharp rises in tokens like EDEN (+51% in 24 hours) and BOB (+35% in 24 hours) are tied to niche themes like RWA and AI, rather than a general altcoin season.
$TON what do you think of the Mtonga hype from Pasha Durov??? The hype lasted a couple of days, then as always, we saw a classic dump from Pavlinych...
$TON Toncoin dropped by 7.37% to $1.99 over the last 24 hours, which is worse than the overall market decline. The main reason is the decreasing interest in altcoins and investors shifting to safer assets. 1. Main reason: Capital outflow from altcoins, evident from the sharp drop in the Altcoin Season Index by 26.83%. 2. Secondary reasons: General market decline under pressure from Bitcoin, which faced resistance around $80,000 due to concerns over fund outflows from ETFs and persistent inflation. 3. Short-term forecast: If TON holds above the key support level of $2, we could see a bounce back to $2.30. A daily close below this level may lead to further declines towards the 200-day moving average around $1.75.
"Pasha became an authority in the RuNet." The media reported on the talented philologist who created a forum for students and alumni of SPbGU.
Pavel Durov's forum, bringing together "glamorous blondes and serious postgraduates", sees up to 5,000 visitors daily (!), writes the newspaper "Delovoy Peterburg" in its issue from June 15, 2006.
Despite such success, the project remains non-commercial overall: Durov admits that his main earnings come from custom website creation.
Here's the thing: Durov's main earnings are from Bitcoin, which he bought back in 2013.
$TON I was bullish on Ton, but now I see that Durov is dumping during the pump with the unlock... It's sad, at this rate we'll soon drop out of the Top 20.
$WLFI Trump has already duped half a million of his citizens with his golden phones... Now he's scamming people in crypto 🚨🚨🚨 I don't recommend this scam 🚨🚨🚨
Altcoins are lagging behind Bitcoin right now, according to today's CMC Altcoin Season Index — 46 out of 100 (Bitcoin season). 1. BTC dominance is at 60.21% (+0.05 over 24 hours) and CMC Altcoin Season Index is 46/100 (Bitcoin season) — capital is moving into Bitcoin's safety rather than into altcoins. 2. Focus sector → AI Agents are leading with a market cap growth of +14.12% over the week — despite the overall lag, sectors like AI (for example, SIREN +53.54%) are showing local strength. 3. Market sentiment and leverage → neutral sentiment (5.08 out of 10) with high activity in derivatives — traders are being cautious, and negative funding rates indicate short-term pressure on altcoins.
The crypto market dipped 1.75% in the last 24 hours, hitting a market cap of $2.66 trillion. The main culprit was the higher-than-expected inflation figures in the U.S. Meanwhile, the crypto market shows a strong correlation (93%) with the S&P 500 index, indicating shared macroeconomic factors influencing both markets. 1. Primary reason: April's Consumer Price Index (CPI) data surpassed forecasts, ramping up expectations for tighter Federal Reserve (Fed) policy and triggering a sell-off in risk assets. 2. Secondary reasons: Ethereum showed weakness, dropping 4.38%, while high leverage led to liquidations amounting to $54.55 million in BTC, exacerbating the downturn. 3. Short-term outlook: Further market movement depends on the Senate's review of the CLARITY Act on May 14 and whether Bitcoin can hold support around $80,000.
$BTC MARA Holdings, a Bitcoin mining company, has sold around $1.5 billion worth of Bitcoin to pay down debts and fund its pivot into AI (Artificial Intelligence) and high-performance data centers. 1. MARA offloaded approximately 20,880 BTC, with the proceeds primarily aimed at buying back convertible bonds and supporting its planned acquisition of an AI data center. 2. This move reflects a shift in focus from pure Bitcoin mining to leveraging mining infrastructure for AI tasks, aligning with the overall trend among miners facing challenges. 3. It's crucial to keep an eye on further Bitcoin sell-offs by miners, MARA's progress in AI development, and whether other companies will follow suit.