📉 #BTC transaction fees are at their lowest level since early November 2023, averaging $2.77.

📊 Market Cap Growth of Top Stablecoins YTD

The total stablecoin market cap has been steadily increasing each month. As of today, the total stablecoin market cap has reached $161B, an increase of $31B since the beginning of 2024.

#USDT’s market cap reached an ATH of $111.5B, increasing by $19.8B YTD.

🔝 Today's leaders #CORE #BB #LITH

🇺🇸🗣 #ETH #ETF TD Cowen: The approval of the Ethereum ETFs clear the way for more crypto funds.

🗽🗣 Trump said the US should be a leader in cryptocurrencies

📊 Tether on multiple blockchains

Tron dominates with 50% of #USDT market share, due to low fees, fast speeds, and a growing ecosystem.

Ethereum holds 40% share due to its established #DeFi presence.

🤔 “Gold is money. Everything else is credit.” - said J.P. Morgan decades ago, long before #BTC was created.

Today, the top of the pyramid is the current reality

🥳👀 Trump promises to release Silk Road founder Ross Ulbricht if re-elected cointelegraph.com

🇺🇸 #BTC Donald Trump continues: “I will keep Elizabeth Warren and her thugs out of your Bitcoin.”

“And I will never allow the creation of a Central Bank Digital Currency (#CBDC).”

“I will support self-custody rights for the country’s 50 million cryptocurrency holders.”

📊 Stablecoin by backing YTD

The surge in crypto-backed stablecoins (+52.5%) is likely linked to the popularity of #DeFi, while the growth of fiat-backed stablecoins (+22.6%) is attributed to investors seeking safe haven assets.

The decline in algorithmic stablecoin value (-15.3%) is likely due to recent high-profile project failures such as TerraUSD and others.

🥳 #JUP #DBR Jupiter: Voting has closed for LFG and we are pleased to announce that deBridge has won with 59% of the votes

💰👀 Web3 Feature Studio received $1.9 million in funding.

🔥 #AI Musk plans to build the xAI “gigafactory computing” supercomputer to make AI Grok smarter. theinformation.com

📊 Net cash flow (difference between deposits and withdrawals) on various blockchain platforms over 7 days

Leader - Optimism (+$143M)
Outsider - Ethereum (-$206M)

🗣 Also Trump promises to release Silk Road creator Ross Ulbricht from prison if elected president

📈 #APT Aptoscan: May 24 number of Aptos user transactions in one day reached 97.488 million (ATH), breaking the previous L1 record (over 65 million) set by Sui.
Same day indicator TPS Aptos reached 27 thousand, which also became record high.

This is mainly due to Tapos Cat (#HEART), a new tap-to-earn game. During its first day online, the game processed 10 million transactions.

📝 #ETH #ETF IntoTheBlock: This is the list of Ethereum ETF issuers aiming to launch an ETH ETF after final approval

📈 #ONDO Santiment: Ondo (+75% in 11 days) is the top trending token in crypto, and its presence has been hard to ignore. Since February 26, the number of non-empty ONDO wallets has increased by +550%

🔓📝 Upcoming major releases next week:
#YGG 4.49% ($17.7M) - May 27
#AGIX 0.68% ($8.35M) - May 28
#PRIME 4.23% ($29.52M) - May 31
#OP 2.88% ($79.92M) - May 31
#1INCH 8.52% ($42.47M) - June 1
#DYDX 11.91% ($69.97M) - June 1
#SUI 2.78% ($69.31M) - June 1
#ZETA 1.99% ($8.21M) - June 1
#ENA 3.62% ($49.9M) - June 2
#ORBR 3.77% ($15.72M) - June 2

📈 #BRC20 GeniiData: The total market capitalization of the Runes sector exceeded $1.5 billion