Key Market Intelligence on May 20th, how much did you miss?

Featured News

1.U.S. Senate GENIUS Stablecoin Bill Final Vote May Take Several Weeks

2.U.S. Bitcoin Spot ETF Sees Record Net Inflows, Surpassing $42.4 Billion

3.Binance Alpha to Launch TGT and Conduct Airdrop to Eligible Users

4.Binance to Airdrop 1000 MERL to Users with Alpha Points of 193

5.Current Mainstream CEX, DEX Funding Rates Indicate Market Has Returned to Neutrality

Trending Topics

Source: Overheard on CT (tg: @overheardonct), Kaito

Huma Finance: Huma Finance has gained attention recently for announcing the allocation of 0.5% of its token supply to the Kaito Yappers community, sparking widespread discussions about its strategic partnerships and innovative financial solutions. The project, which focuses on connecting DeFi and PayFi, offers income-based lending and payment financing services and had raised $46 million in funding before its TGE. Currently, the community is actively participating in a vote to establish a DAO alliance with Jupiter Exchange, and the token distribution to Kaito Yappers is seen as a strategic move to increase community engagement and drive content creation. ref0 ref1 ref2 ref3 ref4 ref5 ref6

XRP: Today's discussions around XRP are centered on the news that Circle (the issuer of USDC) is in informal sale negotiations with Coinbase or Ripple. Ripple is rumored to have the upper hand in this bidding war, and this potential acquisition has garnered widespread attention and discussions within the crypto community. Additionally, the launch of regulated XRP futures by CME Group is seen as a significant milestone for institutional participation, further intensifying the topic's popularity. Meanwhile, Ripple CEO Brad Garlinghouse canceling a meeting with pro-Bitcoin Senator Cynthia Lummis also highlights the current divisions and tense atmosphere within the crypto industry. ref0 ref1 ref2 ref3 ref4

OKB: Today's discussion around OKB mainly revolves around its participation in multiple projects and partnerships, including its support for the upcoming SOON token launch on the Binance Alpha and OKX Early Access platforms. Additionally, OKB is mentioned for its investment focus on the blockchain and artificial intelligence integration Camp Network project, as well as its integration of OKX's Web3 wallet functionality. OKB's market activity is also noted, especially the role it plays in the settlement process on major exchanges.0 1 2 3 4

Pendle: Discussions about Pendle focus on its growing user adoption and strategic partnerships. Key points include its integration with MorphoLabs and support from DeFiance Capital, driving stablecoin yield enhancements. Users are leveraging Pendle's Principal Tokens (PTs) for various strategy operations, with some assets such as $KAITO and $GHO showing impressive Annual Percentage Yields (APYs). Pendle's composability and yield trading capabilities are highly praised, with its PTs module becoming a key pillar of the ecosystem. Additionally, Pendle's collaboration with Aave is highlighted, showcasing its significant position in the DeFi ecosystem, with its market performance even surpassing mainstream crypto assets like BTC and ETH.0 1 2 3 4 5 6 7 8 9 10 11 12 13

Base: BASE has garnered significant attention on Twitter due to its ecosystem expansion and technological advancements. Discussions focus on the Fraction AI Mainnet launch on BASE, the continued growth of active addresses, and its role as a leading EVM chain. Furthermore, partnerships with projects like PondGNN and Virtuals_io, as well as its integrated applications in decentralized finance protocols, are actively discussed within the community. The conversation also touches on BASE's transparency, economic impact, and its potential as the foundational layer of the future blockchain economy.0 1 2 3 4 5 6

Featured Articles

1. "With Visa Riding the Meme Hype, a Crypto Insider Lurks in the Payment Giant's Management"

Over the past two days, the AI agent protocol meme coin PAYAI on Solana, which integrates ElizaOS, libp2p, and IPFS, surged from zero to a $10 million market cap, currently hovering around $3 million, attracting market attention. However, what brought it back to life was not PayAI's technology or product, but the attention from Visa's Crypto Chief Cuy Sheffield on Platform X.

2. "After Nasdaq Listing, Amber Group Quickly Launches a 'Memecoin'"

The subsidiary Amber International Holding Limited of the well-known digital asset platform Amber Group successfully went public on Nasdaq through a merger with iClick Interactive Asia Group Limited in March. At the end of April, Amber's accelerator amber.ac issued a token for MIA, the first 'AI person' on an AgentFi concept AI platform called AIAC. Since the fundraising at the end of April, the token has nearly 100x'ed in value, but there are only slightly over 1,300 holders on the chain.

On-chain Data

On-chain Capital Flow for the Week of May 20