JUST IN: Grayscale files for Solana SOL ETF with NYSE.
Foresight News reported that according to Onchain Lens monitoring, a giant whale address deposited 15 million USDC into HyperLiquid and opened short Bitcoin, Ethereum, and Solana with 3x leverage. The address has previously accumulated a profit of 5.54 million US dollars.
Odaily Planet Daily News: On chain data shows that the number of test network addresses for RWA stablecoin revenue protocol R2 has exceeded 200000, and the cumulative number of transactions has exceeded 10000000. According to official Twitter news, R2 testnet has been deployed on four networks: ETH Sepolia, Plume, Arbitrarum Sepolia, and Monad. It will continue to integrate more test chains and comprehensively expand the multi chain ecosystem to provide users with a richer interactive experience. R2 is a new generation of redeemable stablecoin protocol supported by real returns, with underlying assets including on chain US bonds, compliant money market funds (MMFs), and other strategies, committed to establishing a trusted connection between stability and returns. The mainnet is expected to be officially launched in the second to third quarters of 2025.
Odaily Planet Daily News: According to official announcements, Binance will adjust the minimum price change unit (TickSize) of 16 spot trading pairs, including ALICE/USDT, BCH/BNB, ORDI series, etc., at 05:00 UTC on May 16, 2025, to enhance market liquidity and trading experience. Existing orders are not affected, and API users can obtain the latest parameters through GET/API/v3/exchangeInfo. (This news is generated with AI assistance)
According to the popularity ranking, ETH's popularity has increased by 2.38 million followers compared to yesterday, ranking first. The popularity ranking is as follows: ① ETH ($2311.92,19.12%) ② S ($0.5830,7.35%) ③ KAITO ($1.56,12.23%) ④ SXT ($0.1438) ⑤ SOL ($164.78,7.87%) The purchasing power of ETH's main funds is weak, with a net inflow of $487 million within 24 hours and a transaction volume of $120.294 billion within 24 hours, of which the main funds have a net outflow of $276 million.
According to CoinDesk, the Bitcoin options market shows an increase in institutional confidence, with Deribit exchange data showing that institutions have increased their bullish bets through BTC options in the past week. Traders concentrated on buying call options with an exercise price of $110000 expiring in June/July, and established a calendar spread combination of $140000 call options expiring in September and $170000 call options expiring in December, suggesting that the market expects BTC prices to further rise to $140000. According to CoinDesk data, BTC broke through $104000 on May 9th, rebounding nearly 40% from its low point in early April, mainly driven by favorable trade agreements between the UK and the US and continued inflows of funds from spot ETFs. Ethereum performed strongly during the same period, with ETH prices rising 30% to $2411 within two days. Demand for Deribit's $2400 call option expiring in June and long-term price differential contracts betting on the $2600-2800 price range surged. Deribit pointed out that institutional position adjustments indicate that the market's bullish sentiment towards mainstream cryptocurrency assets is strengthening.