🔺The market is in the green zone: while BTC is marking time, most alts and ETH are growing by +3..7%. Some mid-range ones (ETHFI, WAL and SPX) are shooting at +13%. A number of heavyweights like INJ and SUI are also adding +8%.
🔺There is a new trend among US companies: announcements of the launch of private crypto reserves. Trump Media (the US President's company) announced the creation of a $2.5 billion BTC reserve. SharpLink plans to launch its ETH fund for $425 million, and SOL Strategies is going to raise $1 billion to buy up SOL. If the plans are realistic, the network effect will attract billions of liquidity to the market.
🔺Against the background, BTC.D slightly dropped to 63.9%, and the ETH/BTC pair confidently went up by +3.5%. In turn, gold (GOLD) continues to move in a downward structure and so far all metrics look encouraging. There is a high probability that the market will NOT update the April lows and the big guys have shifted their focus from “safety” to riskier assets.
🔺MetaMask wallet breathes new life into the Solana ecosystem and begins to implement the SOL blockchain into its functionality. Now, wallet users (in addition to EVM networks) will be able to freely work and create activities in the SOL system. The SUI team is also not standing still and promised to cover all financial losses suffered by those affected by the Cetus Protocol hack. Against this background, the Cetus token shot up by +26% in a day.
🔺Dynamics and comparison of prices among top exchange tokens. HYPE coin is the undisputed leader with +111% growth in a month👇
