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Quick Take TON’s gaming lead said “around 20%” of Telegram’s 950 million global users were actively playing games. Thanks in large part to gaming, in roughly one year, the number of accounts on the TON network rose from approximately 4 million to 128 million.
Quick Take U.S. spot Bitcoin ETF flows, stablecoins all-time high supply, Solana leading a DeFi fee resurgence, the rise and fall of SocialFi and Polymarket betting soaring ahead of the U.S. election were among the most notable data trends of the year.
Quick Take 2025 tokenomics trends include ICO resurgence, shorter vesting, and AI-driven launches, according to a panel at The Block’s Emergence conference in Prague. Misaligned token distribution harms stability. Flexibility in token design is crucial for fostering growth and community engagement.
XRP trading volume in South Korea surpasses Bitcoin and Ethereum on major exchanges. UpBit sees XRP accounting for 13.67% of its total volume, leading Bitcoin and Ethereum. The surge in XRP volumes comes amid heightened market speculation due to political developments.
Elon Musk’s rebranding as Kekius Maximus sparks a memecoin frenzy on X. KEKIUS memecoin surged over 500% after Musk’s playful name change. Musk’s blend of memes, gaming, and crypto fuels curiosity and market speculation.
XRP stays within the $2-$3 range, showing stability amid broader market volatility. Increased trading volume highlights continued investor interest in XRP despite price dip. Technical indicators like RSI and MACD suggest potential further declines for XRP.
Solana dominates stablecoin transfers with $10.5T, leveraging speed and low fees. Ethereum and Tron secure top spots, showcasing strength in DeFi and efficiency. Emerging chains like Base and Arbitrum highlight growing Layer-2 adoption trends.
- 17:08Data: Trader James Wynn opens a long BTC position with 40x leverage, position value reaches $570 millionAccording to on-chain analyst Ember's monitoring, trader James Wynn is still continuously increasing his long positions on BTC. Currently, he has opened a long position of 5,520 BTC using a 40x leverage with a margin of $14.28 million, with the position valued at $570 million, an opening price of $103,302, and a liquidation price of $98,294.
- 17:07Data: ETH Surpasses $2500ETH/USDT is currently priced at $2500.76, with a 24-hour decrease of 2.96%.
- 16:25Report: Bitcoin Network Hashrate Rises 2% in First Two Weeks of May, Miners' Gross Profit Expands with Bitcoin Price IncreaseOn May 19, JPMorgan noted in a research report released on Friday that Bitcoin network hash rate increased by 2% in the first two weeks of May, averaging 88.5 EH/s. As Bitcoin prices rose, miners' gross profit margins expanded month-on-month, improving mining economic conditions and enhancing miners' profitability. The hash price, which measures daily mining profitability, increased by 13% compared to April. Analysts stated that in the first two weeks of this month, miners' daily block reward revenue per EH/s was approximately $50,100, up 13% from the previous month and 3% year-on-year. Additionally, U.S.-listed mining companies maintained their share of the network hash rate, currently accounting for about 30.5%, up 1.1% from April. The total market value of the 13 U.S. Bitcoin mining stocks tracked by the bank increased by 24% this month, amounting to $4.6 billion, with Bitdeer rising by 43% and Greenidge falling by 5%.