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Bitcoin moved lower on Tuesday after reports emerged that the United States had resumed military strikes on targets in southern Iran, weakening hopes for a near term easing of tensions in the region.

BTC fell below the $76,500 mark during early trading, representing a 1.5% decline from Monday’s intraday high near $77,700.

The pullback followed news that US forces targeted missile facilities and boats allegedly attempting to deploy naval mines.

According to a statement from US Central Command, the operations were carried out to protect American troops from potential threats posed by Iranian forces, while emphasizing that restraint was still being exercised during the ongoing ceasefire period.

Uncertainty Grows Around Potential US and Iran Agreement

The renewed military action came only hours after US President Donald Trump stated on Truth Social that negotiations with Iran were progressing positively.

Trump said that any agreement reached would need to be beneficial for all parties involved, while warning that failure to secure a deal could lead to a return to larger scale conflict.

Over the weekend, Trump had previously suggested that a peace agreement was already “largely negotiated,” fueling market optimism that a final deal could be reached this week.

However, the latest developments have now raised questions about whether those expectations were premature.

Oil markets reacted quickly to the renewed tensions. Crude prices, which had fallen below $90 on Monday for the first time this month, rebounded roughly 2% as concerns over the conflict resurfaced.

Analysts Remain Divided on Bitcoin’s Next Move

Despite the geopolitical uncertainty, some market analysts believe Bitcoin may still hold important support levels if the conflict remains limited.

Jeff Mei, chief operating officer at BTSE, stated that Bitcoin is unlikely to fall below the $70,000 range if US military actions against Iran remain contained.

However, he warned that a prolonged conflict could send BTC back toward the $60,000 level that was seen earlier during the initial stages of the crisis.

CoinEx chief analyst Jeff Ko shared a similar view, describing the $70,000 area as Bitcoin’s next major support zone, while identifying $65,000 as a key stress level if macroeconomic or geopolitical conditions deteriorate further.

At the same time, Ko noted that Bitcoin’s resilience amid recent global uncertainty could actually be viewed as a constructive sign for the broader market.

According to him, the cryptocurrency has managed to avoid a major breakdown despite escalating geopolitical risks, suggesting that the market may currently be consolidating rather than entering a full risk off phase.

Bearish Signals Continue to Worry Traders

Not all analysts are optimistic about Bitcoin’s short term outlook.

Macro trader Jason Pizzino argued that BTC appears to be preparing for another test of recent lows, similar to patterns observed during previous bear markets.

He pointed to declining trading volume, weakening social interest, and a market structure that he believes still signals additional downside risk.

At the time of writing, Bitcoin was trading near $76,480 as traders continued monitoring both geopolitical developments and broader market sentiment.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Changpeng Zhao, widely known as CZ, has dismissed viral rumors claiming he went missing after allegedly being caught in a dangerous rip current while surfing in Dubai.

The false story spread rapidly across social media platforms and even sparked a wave of meme coin launches on Solana and the BNB Chain as traders attempted to profit from the speculation.

CZ later clarified that the claims were entirely fabricated and pointed out several flaws in the circulating reports.

CZ Responds to Fake Surfing Incident Reports

According to the rumors shared in WeChat group chats over the weekend, the Binance founder had supposedly been surfing near Dubai’s Jumeirah Beach when strong ocean currents dragged him out to sea.

The viral claims further alleged that local rescue teams, coast guards, helicopters, drones, and speedboats had been deployed in a large scale search operation following emergency reports.

CZ responded directly through his X account, where he described the reports as fake news and highlighted inconsistencies in the story.

He explained that he does not participate in traditional surfing and instead practices kitesurfing, which he described as an entirely different sport.

The Binance founder also noted that Dubai is not widely recognized as a surfing destination. He added that whenever he goes kitesurfing, a dedicated safety boat always accompanies him, making the idea of being lost at sea highly unrealistic.

CZ further mentioned Surf Abu Dhabi, one of the world’s largest surfing facilities, though he said he has not personally visited it yet.

False Rumors Trigger Meme Coin Speculation

As the rumors gained traction online, traders quickly launched several meme coins tied to the fake incident.

Many of the tokens appeared on the Solana network as speculators rushed to capitalize on the viral story and the confusion surrounding CZ’s supposed disappearance.

Data from GeckoTerminal showed that most of the newly launched liquidity pools failed to gain meaningful traction. However, one meme coin briefly generated more than $114,000 in trading activity within just a few hours.

The excitement faded rapidly after CZ publicly denied the rumors and confirmed he was safe, causing many of the tokens to lose more than 40% of their value.

CZ Continues Criticism of Meme Coin Culture

The 49 year old crypto executive has repeatedly expressed skepticism toward meme coin speculation and has criticized traders for launching tokens tied to his name or public events.

CZ previously described the meme coin trend as “a little weird” and encouraged developers to focus instead on building useful blockchain applications with real world value.

He also reiterated that he has never personally invested in meme coins, referencing the viral TST token incident from last year.

That token gained widespread attention after some users falsely promoted it as being connected to Binance, despite having no official relationship with the exchange.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Coinbase CEO Brian Armstrong believes the global financial system still requires major modernization before it can fully evolve into a more efficient and accessible ecosystem.

In a recent post on X, Armstrong highlighted several areas he considers critical for the next phase of financial innovation, including tokenized real world assets, around the clock global trading, stablecoin based payments, artificial intelligence powered financial services, and more flexible regulatory frameworks.

Tokenized Real World Assets Seen as a Major Financial Shift

Armstrong emphasized that placing assets such as stocks, real estate, bonds, and investment funds onto blockchain networks could dramatically improve financial markets.

According to him, tokenization enables faster settlement, fractional ownership opportunities, and wider access for investors across global markets.

Financial institutions have increasingly explored blockchain based tokenization as a way to modernize traditional systems while remaining aligned with current legal and compliance standards.

The International Monetary Fund previously described tokenization as a major transformation of financial infrastructure. Industry estimates also project that the market for tokenized real world assets could grow to as much as $5 trillion by 2030, with tokenized treasury products expected to drive much of that expansion.

Chainlink co founder Sergey Nazarov has also argued that the movement of real world assets onto blockchain networks continues regardless of short term crypto market fluctuations.

He additionally pointed to the growing popularity of on chain perpetual trading markets tied to commodities like silver, noting that these systems are becoming increasingly competitive with traditional financial platforms.

Armstrong Pushes for 24 Hour Global Markets and Stablecoin Payments

The Coinbase CEO also advocated for financial markets that operate continuously across the globe with shared liquidity, stronger capital efficiency, and improved leverage mechanisms.

On the payments side, Armstrong said stablecoins have the potential to support near instant and low cost international transactions, including automated agent based payments powered by AI systems.

Artificial Intelligence Expected to Play a Bigger Role in Finance

Armstrong believes AI powered tools will become increasingly important across the financial sector, particularly in areas such as fraud detection, compliance, risk management, lending decisions, and financial advisory services.

He said these technologies could also help broaden access to capital and streamline operations across financial institutions.

Coinbase has already moved aggressively toward integrating AI into its operations. The company previously reduced its workforce by approximately 14% as part of a broader transition toward becoming a more AI focused business.

Armstrong earlier explained that AI tools were enabling smaller teams to work more efficiently, automate repetitive processes, and accelerate productivity throughout the company.

Calls for More Flexible Regulation and Open Financial Access

On the regulatory front, Armstrong criticized rigid one size fits all frameworks and instead called for risk based approaches that encourage innovation and healthy competition.

He also promoted the use of open blockchain protocols and self custodial wallets, arguing that these technologies can expand financial access to anyone with a smartphone and internet connection.

In addition, Armstrong highlighted the importance of making capital formation easier for startups while describing “sound money” as an important safeguard against inflation and weakening discipline within fiat currency systems.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

One market analyst has issued a blunt warning to the XRP community, arguing that the token has significantly underperformed Bitcoin despite months of optimism from supporters.

While Bitcoin surged from roughly $60,000 to $80,000 over the past three months, XRP has largely traded sideways, fueling growing concerns about its relative weakness against the market leader.

XRP Has Continued Losing Strength Against Bitcoin Since 2017

UK based technical analyst ChartNerd shared his concerns in a recent post, stating that the gap between XRP community expectations and the asset’s actual market performance has become increasingly difficult to ignore.

According to the analyst, XRP has consistently underperformed Bitcoin since 2017, with little evidence of a major reversal in trend.

He pointed out that while Bitcoin rallied strongly over recent months, the XRP to BTC trading pair lost its 20 period exponential moving average, a technical indicator commonly used to track medium term momentum between assets.

The breakdown pushes the XRP/BTC pair closer to the lower end of its long term range.

Historically, that area has occasionally preceded major periods of XRP outperformance against Bitcoin, including a sharp rally seen in November 2024. However, ChartNerd stressed that the current setup does not yet confirm a bullish reversal.

Instead, he believes the breakdown itself is currently the dominant signal.

In another update published on May 21, the analyst revealed that the XRP/BTC pair had declined for 15 consecutive weeks, helping explain why XRP’s USD price has remained mostly stagnant during the same timeframe.

As a result, he expects XRP will likely continue underperforming Bitcoin through much of the year.

Short Term Outlook Remains Weak

At the time of writing, XRP was trading around $1.36, moving within a narrow daily range between $1.34 and $1.37.

ChartNerd identified the $1.30 level as a key support zone, while suggesting that the $1.40 area could act as significant resistance if XRP attempts a recovery.

He also outlined a broader bearish scenario in which XRP could eventually fall toward the $0.90 to $0.70 range if overall market conditions weaken further.

Additionally, the lower boundary of XRP’s two week regression band is currently positioned near $1.00, which may serve as another important level to monitor.

Meanwhile, Bitcoin has stabilized near $77,000 after briefly dropping below $75,000 last week. The cryptocurrency regained momentum following reports of progress in US and Iran peace negotiations.

Bitcoin dominance across the crypto market has also remained above 58%, a factor that continues to pressure most altcoins, including XRP.

When Bitcoin absorbs the majority of market capital flows, altcoins typically struggle to keep pace, contributing to XRP’s ongoing relative weakness.#cryptp#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Bitcoin moved back toward the $78,000 level on Monday as analysts linked the recovery to easing geopolitical tensions between the United States and Iran, along with improving sentiment across broader risk markets.

After weeks of caution and expectations of another major decline, traders are now watching closely to see whether BTC can reclaim the low $80,000 range and potentially trigger stronger momentum across the altcoin market.

Analysts View Peace Agreement as Key Market Catalyst

Crypto analyst Michaël van de Poppe shared his outlook on X, explaining how a potential Middle East peace agreement could positively impact global markets and cryptocurrencies.

According to him, lower geopolitical tensions could drive oil prices and bond yields downward, creating a favorable environment for risk assets. He believes such conditions could help Bitcoin push back above $80,000 while also setting the stage for a broader altcoin rally during the summer months.

Van de Poppe added that the market’s primary concern had been whether Bitcoin could reclaim a crucial resistance zone, which now appears increasingly possible.

He noted that many crypto charts are beginning to show bullish structures that suggest renewed upward momentum could return to the market.

The latest recovery accelerated after US President Donald Trump stated that negotiations between the United States and Iran had made meaningful progress toward a long term peace agreement.

Following those comments, Bitcoin climbed toward $77,200 before encountering resistance. At the time of writing, BTC was trading near $77,500.

Even with the rebound, Bitcoin remains below its recent weekly high near $78,000 and significantly lower than its all time peak above $126,000 reached in October 2025.

Over the past year, the cryptocurrency has declined roughly 28%.

Some Traders Expect One More Pullback Before a Rally

Trader Sykodelic expressed cautious optimism about the market outlook but warned that confirmation of a peace deal could initially trigger another short term selloff before a larger rally develops.

He suggested Bitcoin could briefly revisit the $74,000 area to pressure bearish traders before potentially rallying into June.

Sykodelic also highlighted that Bitcoin recently closed the week above its 50 day and 100 day simple moving averages, as well as the widely followed bull market support band, levels he has monitored closely over recent months.

Mixed Signals Continue to Divide Analysts

Not all analysts are convinced that Bitcoin has already established a market bottom.

On chain analyst Axel Adler Jr. pointed to a concerning trend from last week, revealing that approximately 18,000 BTC moved onto exchanges while US spot Bitcoin ETFs recorded outflows totaling roughly 16,000 BTC.

According to Adler, ETF demand failed to absorb the increased exchange supply, which added additional pressure to the market.

Meanwhile, trader Merlijn identified the $82,000 region as a major liquidity zone where trapped sellers could face increased pressure. However, he also stated that he plans to open a short position in that range, targeting a potential decline toward $67,000 afterward.

Another analyst, Dean Crypto Trades, argued that Bitcoin must reclaim the lower $80,000 area, where the 200 day moving average currently sits, and establish it as support.

Without that confirmation, he warned that the recent rebound may simply represent another lower high within the broader downtrend that has remained in place since Bitcoin’s October 2025 peak.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Ethereum co founder Vitalik Buterin has emphasized that the Ethereum Foundation is transitioning into a smaller and more specialized organization within the wider Ethereum ecosystem.

Addressing increasing scrutiny surrounding the Foundation, Buterin stated that the EF should not be viewed as the central authority of Ethereum. Instead, he described it as just one participant in a much broader decentralized network, operating alongside many others with a clearly defined role.

Ethereum Foundation Moving Toward a More Focused Structure

In a recent post on X, Buterin explained that the Foundation’s board is expanding while his own influence over the organization is gradually decreasing, which he said aligns with his long term vision.

He credited Ethereum Foundation President Aya Miyaguchi with leading much of the ongoing organizational transition, while his personal contributions have remained primarily technical in nature.

According to Buterin, the EF significantly improved its efficiency and operational execution throughout 2025. However, he also acknowledged growing criticism from community members who questioned whether the Foundation’s actions fully reflected Ethereum’s principles of decentralization, privacy, and its vision as a form of “sanctuary technology.”

Buterin stressed that the Foundation should never evolve into a centralized governing body. He pointed out that the EF controls only about 0.16% of Ethereum’s total supply, a figure far lower than several competing blockchain foundations that reportedly hold between 10% and 50% of their native tokens.

He also noted that the Foundation was initially established to oversee specific milestones during Ethereum’s early development stages, including Frontier, Homestead, Metropolis, and Serenity, all of which were completed by 2022.

Focus Shifts Toward Long Term Sustainability

According to Buterin, the Ethereum Foundation is now prioritizing long term sustainability instead of broad expansion.

He said the organization plans to concentrate only on initiatives considered essential to maintaining Ethereum as an open, censorship resistant, secure, and privacy focused network.

This strategy, he explained, involves difficult trade offs, including allowing influential developers and important projects to operate independently outside the Foundation in order to attract external funding and support.

Buterin also argued that Ethereum should avoid competing solely on transaction speed or scalability metrics, warning that such a strategy could ultimately result in “mediocrity.”

Instead, he said Ethereum’s long term priorities should include goals such as building a provably bug free blockchain through AI assisted formal verification, improving consensus mechanisms, and minimizing reliance on intermediaries for transaction inclusion.

At the same time, Buterin emphasized that Ethereum’s broader technical roadmap still supports scalability improvements through Layer 2 networks and other infrastructure optimizations.

He added that the Ethereum Foundation is expected to become a smaller but more opinion driven organization focused on ensuring Ethereum continues delivering meaningful long term value.

Recent Departures Fuel Community Speculation

The Ethereum Foundation has faced increased attention in recent months following several high profile departures, including Tomasz Stanczak, Tim Beiko, Josh Stark, and Barnabé Monnot.

The wave of exits sparked widespread discussion within the Ethereum community, with some observers speculating about possible internal tensions and disagreements over the Foundation’s evolving direction.

However, Ethereum investor Ryan Beckmans argued that the departures were largely connected to leadership transitions, restructuring efforts, and differing strategic perspectives rather than any loss of confidence in Ethereum itself.#crypto#cryptonewshttps://coinsignals.net https://t.me/coinsignalpublic

Bitcoin’s price appears to have stabilized around the $77,000 level as investors prepare for a week packed with major economic developments.

After falling to nearly $74,000 on Saturday, BTC rebounded sharply and climbed back above $77,000 on Sunday. The recovery followed comments from US President Donald Trump regarding ongoing negotiations with Iran and the possibility of achieving a lasting peace agreement.

Despite the optimism, markets largely interpreted the development as a likely extension of the current ceasefire rather than a finalized long term deal.

Bitcoin Maintains Stability Ahead of Key Economic Reports

Crypto markets remained mostly unchanged over the last 24 hours, although the sector experienced a brief rally during the weekend after Trump suggested that negotiations with Iran were largely complete.

Market analysts also pointed toward the possibility of extending the ceasefire in the Iran conflict for another 60 days.

The Kobeissi Letter stated that additional progress appears to have been made toward securing a longer ceasefire arrangement.

With US financial markets closed for Memorial Day, Bitcoin has continued trading slightly above $77,000 in relatively calm conditions.

However, investors are closely watching several important economic reports scheduled for this week, including:

• May consumer confidence data on Tuesday

• April PCE inflation figures on Thursday

• US first quarter 2026 GDP data on Thursday

The week also follows one of the worst periods for spot Bitcoin ETFs this year. Between May 18 and May 22, Bitcoin ETFs recorded more than $1.2 billion in net outflows.

Ethereum ETFs also experienced significant withdrawals during the same period, while investment products tied to Solana, XRP, and HYPE attracted fresh inflows and growth in assets under management.

Altcoins Trade Sideways as HYPE Momentum Slows

Most major altcoins remained relatively flat over the past day.

Ethereum traded near unchanged levels, while BNB gained 0.5% and TRX added 0.3%. Meanwhile, XRP, Solana, Dogecoin, and Cardano each posted minor declines of roughly 0.3%.

HYPE, which was among last week’s strongest performers after surging more than 40% over seven days, appears to be losing some momentum.

Even so, the token continues to display notable market strength and has already climbed to become the crypto industry’s 11th largest project by market capitalization.

Among the top gainers over the past 24 hours were DEXE, which jumped 20%, STABLE, up 15%, and XDC Network, which gained 9.6%.

On the downside, Uniswap’s UNI token dropped 2.7%, making it the weakest performing major altcoin of the day, followed by Kaspa and Sui.#crypto#cryptonewshttps://coinsignals.net https://t.me/coinsignalpublic

A shorter trading week is still expected to bring significant market activity as investors monitor fresh inflation data and developments surrounding tensions in the Middle East.

Crypto markets remained mostly unchanged over the past 24 hours, though prices received a boost over the weekend after US President Donald Trump suggested that a largely negotiated agreement with Iran could soon be finalized.

The Kobeissi Letter also noted that progress may have been made toward extending a 60 day ceasefire related to the Iran conflict.

This week’s economic calendar includes several important inflation reports that could further shape expectations around the US economy and Federal Reserve policy.

Key Economic Events Scheduled Between May 25 and May 29

US financial markets are closed on Monday in observance of Memorial Day. Even so, investors are expected to closely watch stock futures and crypto markets for any updates regarding potential US and Iran agreements.

Trump later appeared less definitive about the negotiations, stating that if a deal with Iran is reached, it would be a “good and proper” agreement. His comments contrasted with earlier remarks suggesting that negotiations were nearing completion.

According to Axios, the White House no longer expects an official announcement on Monday and now believes discussions could continue for several more days.

Economic data releases begin on Tuesday with the latest consumer confidence report for May, which is expected to reflect ongoing inflationary pressures.

Thursday is likely to be the most important day for markets, with the release of April’s Personal Consumption Expenditures Price Index alongside first quarter GDP figures.

ING economist James Knightley noted that higher gasoline prices may support headline spending figures, although broader economic weakness could still emerge in the data.

He also warned that the PCE report is unlikely to reduce inflation concerns, especially as freight costs continue rising alongside fuel prices.

Additional reports due later in the week include April new home sales data and weekly jobless claims figures. However, investor attention is expected to remain heavily focused on geopolitical developments involving Iran and the White House.

Crypto Market Outlook

Total crypto market capitalization remained relatively flat over the past day, although Bitcoin managed to rebound after a sharp decline over the weekend.

BTC briefly dropped to $76,000 during late Sunday trading before recovering above $77,000 in Monday’s Asian session. Analysts are currently watching the $78,000 level as a key resistance zone that could be challenged if positive developments emerge from ongoing US and Iran negotiations.

Ethereum continued to face weakness, slipping below the $2,100 mark on Monday morning.

Meanwhile, most altcoins traded sideways, though Hyperliquid, Zcash, and Monero recorded modest gains.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Bitcoin and Ethereum exchange traded funds experienced significant outflows last week, while the DRAM memory chip ETF surged in popularity and became one of the fastest growing funds ever launched on Wall Street.

During the same period, Bitcoin posted only modest gains, rising just 0.6%. Most altcoins followed a similar trend, although a few stood out, including Hyperliquid’s HYPE token, which jumped nearly 40%.

Crypto ETFs Experience Major Outflows as Investors Shift Capital

Between May 18 and May 22, spot Bitcoin ETFs recorded massive net outflows totaling $1.257 billion.

The sharp withdrawals point to changing investor sentiment across the market. Ethereum focused ETFs also faced pressure during the week, posting roughly $216 million in net outflows.

The trend suggests that many investors may be locking in profits, reducing exposure to risk assets, or reallocating capital into sectors currently attracting stronger momentum.

Despite the broader pullback, several crypto related ETFs continued to attract investor interest. Spot Solana ETFs recorded more than $15 million in net inflows, while XRP ETFs added approximately $22 million.

Funds tied to HYPE saw even stronger demand, attracting $72.38 million in fresh inflows. The surge in investment closely mirrored the token’s sharp price rally.

Overall, fund flow data indicates that while Bitcoin and Ethereum faced notable selling pressure, investor appetite for selected altcoins remains active.

DRAM ETF Sets New Growth Record

The DRAM memory chip ETF has officially become the fastest growing ETF in history.

Since launching on April 2, the fund accumulated more than $6.5 billion in assets within just 27 trading sessions. This surpassed the previous record set by BlackRock’s IBIT Bitcoin ETF, which reached the same milestone in 30 sessions.

Since its debut, DRAM has climbed over 84% and crossed the $10 billion asset mark within only 30 trading sessions.

Its rapid rise has also pushed it into the top 10 US ETFs by year to date inflows among more than 5,000 listed funds.

The explosive growth of the DRAM ETF highlights rising investor enthusiasm surrounding memory chips and artificial intelligence infrastructure. The fund has already become one of the 20 most actively traded ETFs by volume, reinforcing the idea that AI infrastructure and semiconductor related investments are now among Wall Street’s most sought after momentum trades.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Solana’s application revenue remained impressively resilient at more than $342 million despite softer market conditions.

SOL dropped 33% during the first quarter of 2026, closing at roughly $83. However, Messari’s Q1 State of Solana report presents a far more complex picture than the token’s price performance alone suggests.

Although dollar based metrics declined across several areas, the network achieved new highs in daily transaction volume, expanded its real world asset market capitalization beyond $2 billion, and maintained relatively stable validator revenue.

Record Network Activity Amid Falling Prices

One of the report’s standout figures was the network’s average daily non vote transactions, which climbed to a new all time high of 112.6 million. This marked a 50% increase from the previous quarter and stood 15% higher than the earlier record set in Q2 2025.

The data indicates that Solana processed more daily transactions in Q1 than at any other point in its history, despite the sharp decline in SOL’s price.

Meanwhile, Chain GDP, Messari’s metric for total application revenue, remained nearly unchanged at $342.2 million, slightly above the $341.8 million recorded in Q4 2025.

According to the report, Pump.fun continued to dominate as the network’s largest revenue generator, bringing in $124.7 million, which represented a 17% quarter over quarter increase. Trading application Axiom followed in second place after posting a 36% rise in revenue to $42.4 million.

The most significant surge came from Bags, a launchpad platform that allows users to share trading fees with social media accounts. Its revenue skyrocketed 1,347% to $11.5 million as meme coins linked to open source AI projects fueled heavy trading activity in January.

However, that momentum faded quickly. Bags’ revenue plunged 85% month over month by February, highlighting how rapidly new trading trends move through Solana’s application ecosystem.

At the same time, DeFi total value locked declined 22% quarter over quarter to $6.16 billion. The drop largely mirrored SOL’s falling price rather than indicating a major decline in user participation.

Solana’s share of total DeFi TVL remained relatively stable, slipping only slightly from 6.9% to 6.7%. Kamino regained the top protocol position with $1.72 billion in TVL, narrowly surpassing Jupiter at $1.69 billion.

Drift also faced challenges following a $285 million exploit reportedly tied to an advanced social engineering attack connected to North Korean state affiliated threat actors.

The report further noted that Real Economic Value, which measures validator fees and MEV tips, decreased by only 1% to $89.5 million. This placed Solana second among blockchain networks, trailing only Hyperliquid, which generated $156 million.

Real World Assets Emerge as a Major Growth Driver

Beyond the broader bearish market environment, real world assets became one of Solana’s strongest growth narratives during Q1.

The value of RWAs on the network increased 43% quarter over quarter, reaching $2.01 billion.

BlackRock’s BUIDL tokenized money market fund doubled in size to $525.4 million after Anchorage Digital introduced custody support. By the end of the quarter, Anchorage Digital reportedly held around 81% of the token’s total on chain supply.

Meanwhile, Ondo Finance launched more than 200 tokenized US stocks and ETFs on Solana. This included the same day tokenization of BitGo stock during the company’s NYSE IPO.

Although the platform’s stablecoin market capitalization remained just below $15 billion, the market composition shifted notably.

USDC declined 21% to $7.83 billion but still accounted for 53% of the total stablecoin supply on Solana. In contrast, USDT rose 34% to $2.89 billion.

At the same time, World Liberty Financial’s USD1 surged 473% to $883.5 million, largely driven by Binance reallocating customer holdings onto the Solana network.#crypto#cryptonewshttps://coinsignals.net https://t.me/coinsignalpublic