While the collective crypto market has witnessed significant recovery this month, there is a growing disconnect in risk appetite among market participants.

Investors are correctly positioned for Bitcoin’s rally, but similar optimism in the altcoin space has resulted in heavy losses, shows a recent report.

Trader Missteps in Altcoins

Since the approval of spot Bitcoin ETFs in January 2024, there has been a notable divergence has emerged in the liquidation patterns of BTC and altcoins. Data from Binance reveals that the largest cryptocurrency experienced a dominance of short liquidations totaling $190 million.

This trend, according to a new analysis by CryptoQuant, suggests that traders betting against BTC during its price appreciation were consistently forced to exit their positions as the market moved higher. On the other hand, the same cannot be said for altcoins.

During the same period, long liquidations in altcoins surged to nearly $1 billion, which was indicative of a continued downward pressure across the broader altcoin market and failed bets on a widespread recovery. As such, the report stated this as a clear sign of liquidation asymmetry.

While BTC’s rally led to short squeezes and upward momentum, altcoins saw traders punished for attempting to preempt an “Altseason” that never materialized. Since December 2024, this pattern has intensified, with altcoin liquidations consistently outpacing those of BTC.

CryptoQuant attributed this to excessive leverage and misaligned market sentiment, as altcoin bulls were increasingly forced to unwind losing positions.

Few Altcoin Gems Emerge as Market Lags

Despite the broader underperformance in the altcoin market, some assets stand out. According to analyst Rekt Fencer, increased stablecoin liquidity, a dip in Bitcoin dominance, and a recovering ETH/BTC ratio point to rising investor appetite for altcoins.

He named five altcoins – GRASS, PENDLE, ONDO, ENA, and SEI – that he predicts could surge 50x-100x if market momentum continues. These tokens represent strong narratives, including decentralized infrastructure, tokenized yields, real-world asset exposure, synthetic dollars, and high-speed DeFi ecosystems.

Meanwhile, other altcoins such as Tron (TRX) have shown resilience, and experts expect it to “multiply significantly in value,” potentially even quadrupling, if Bitcoin continues its bull run through the rest of the year.

Sui (SUI) is yet another crypto that has witnessed the emergence of a bullish sentiment.

TL;DR

• The SEC delayed its decision on Grayscale’s spot ADA ETF, while whales accumulated millions of tokens last week.
• Despite short-term volatility, ETH is up 45% monthly, with analysts forecasting a push beyond $3,000 in June.
• XRP has surged 322% over the past year, but with 98% of its supply now in profit, Santiment warns of a higher risk of profit-taking and a possible short-term correction.

Latest ADA Updates

Earlier this week, some members of the Cardano community noted that the US Securities and Exchange Commission (SEC) has May 29 as an initial deadline to approve or reject Grayscale’s application to launch the first spot ADA ETF in the United States.

The agency, however, opted to delay its decision until July 15. It has a maximum of 240 days to review the product, with a final deadline of October 22.

The price of ADA is down 7% on a daily scale, as its downtrend could be attributed to the SEC’s actions and the overall decline of the cryptocurrency market during that time frame.

Meanwhile, several key factors suggest that Cardano’s native token may soon regain its upward momentum. As CryptoPotato reported, whales purchased over 180 million ADA last week, which suggests strong confidence in the asset.

Another bullish element is the development of Cardano. Just a few days ago, Input Output revealed that Bitcoin Ordinals can now be wrapped and bridged to the Cardano blockchain through Fairgate’s BitVMX framework.

“This breakthrough marks a significant advancement in decentralized finance (DeFi), enabling seamless interaction between two of the most prominent blockchain ecosystems,” the team stated.

Where’s ETH Headed?

Despite the pullback over the past 24 hours, Ethereum (ETH) is up 45% on a monthly basis, currently trading at just north of $2,600 (according to CoinGecko’s data).

Popular industry participants like the X users Daan Trades and Michael van de Poppe expect the asset to pump in the near future under certain conditions.

The former saw a “big resistance” at $2,800, which will be “a tough level to break through quickly.” For his part, Michael van de Poppe touched upon the matter when the price was above $2,700, saying:

“Ethereum above $2,700 is a great sign. I think we’ll see $3,000+ in June.”

Those willing to explore other, even more bullish price predictions involving the second-largest cryptocurrency can take a look at our detailed article here. 

What About XRP?

Ripple’s cross-border token has been on a downward trend lately, but it has seen an impressive 322% increase in the last year. As of this writing, it trades at around $2.20, having declined by 10% over the past week.

According to Santiment, the total supply in profit (at least on paper) had surged past 98% earlier this week when the asset traded at $2.3. 

Thus, XRP outshined ADA (71%), ETH (71.5%), DOGE (77.9%), and LINK (80.5%). While the data might sound optimistic and encouraging, Santiment issued a major warning, stating: 

“When large portions of a network are heavily in profit, the odds of profit-taking and a short-term pullback rise.”

This takes us to Warren Buffett’s famous advice, who years ago advised investors to be greedy when others are fearful and vice versa. 

[PRESS RELEASE – Texas, United States, May 30th, 2025]

Threshold’s tBTC Achieves Unprecedented Integration as Gas, Collateral, Infrastructure on Mezo’s $151M TVL Platform.

Mezo launched on Mainnet this week with a total value locked of $151 million, alongside 22,983 active users from their testnet. The platform has integrated tBTC across two critical layers—gas payments and collateral systems —marking one of the notable integrations of decentralized Bitcoin infrastructure in the $10 billion Bitcoin finance market.

This technical integration enables Bitcoin holders to access financial services while preserving the decentralization that defines Bitcoin, via tBTC. Unlike custodial alternatives that compromise Bitcoin’s core principles, tBTC maintains a trust-minimized, permissionless, non-custodial design—unlocking meaningful utility for Mezo users without requiring users to surrender control of their BTC.

But Mezo isn’t just another financial platform. It reimagines the way Bitcoin can be used onchain—offering a “buy now, pay never” experience where users can access liquidity, services, and staking opportunities without selling their BTC. With tBTC as the backbone, Mezo empowers users to unlock Bitcoin’s full potential— securely, transparently, and on their terms.

“This integration proves that Bitcoin can evolve without compromise,” said Maclane Wilkison, Co-Founder of Threshold Labs. “By making tBTC the foundational layer – we’re demonstrating that decentralization and functionality aren’t mutually exclusive. This is Bitcoin growing up without selling out.”

“Selecting tBTC wasn’t just a technical decision—it was a philosophical alignment,” added Brian Mahoney, Co-Founder of Mezo.”Our vision required Bitcoin infrastructure that could disappear into the user experience while maintaining absolute security. tBTC’s threshold cryptography delivers both, enabling us to offer Bitcoin-native services that feel like using Bitcoin itself.”

Double-Layer Integration Transforms Bitcoin Utility

Layer 1: Bitcoin as Native Gas

Mezo users pay all transaction fees in Bitcoin, displayed simply as “BTC” in their wallets. Behind this seamless experience, tBTC powers every transaction—making Mezo the first blockchain where Bitcoin serves as native fuel. This eliminates the friction of acquiring separate gas tokens while strengthening Bitcoin’s role in the ecosystem.

Layer 2: Exclusive Collateral for MUSD 

BTC and tBTC currently serve as the sole collateral accepted for MUSD, Mezo’s overcollateralized stablecoin. With $2 billion in MUSD borrowed and tBTC generating over $3 billion in volume over the years, this exclusive integration validates decentralized infrastructure for mission-critical financial systems

Early metrics validate the approach: Mezo’s testnet phase attracted over $400 million worth in total deposits, and 2,000,000+ in testnet transactions in commitments before its mainnet launch. The platform seeks to enable Bitcoin-backed loans, liquidity provision, and decentralized trading: all powered by tBTC’s infrastructure.

“The deep integration between tBTC and Mezo creates something entirely new,” continued Mahoney “This isn’t just wrapping Bitcoin or adding it to another chain. It’s Bitcoin becoming the operational foundation of an entire financial ecosystem—trustless, permissionless, and powerful.”

Developer Access and Platform Availability

Developers can access integration documentation at docs.threshold.network and mezo.org/docs. Mezo is live at app.mezo.org, with tBTC bridging available through the Threshold Dashboard at dashboard.threshold.network.

About Threshold Network

Threshold Network powers tBTC, the leading decentralized, 1:1 Bitcoin-backed asset for DeFi. Secured by a 51-of-100 threshold signer model, tBTC enables BTC to move across seven chains—including Ethereum, BOB, Solana, Arbitrum, and Optimism—without custodians or compromises. With $400M+ in TVL and $3.6B in bridge volume since 2020, Threshold delivers the most robust trustless Bitcoin infrastructure in DeFi.

Users can learn more at https://threshold.network

About Mezo

Mezo is a bank-free platform that empowers people to live off their Bitcoin, without ever having to sell it. It enables seamless, everyday finance beyond banks. With permissionless access, intuitive design, and uncompromising safety, Mezo offers a modern way to manage, borrow, and transact—powered entirely by Bitcoin.

As the industry’s first full-stack Bitcoin economy, Mezo users can unlock the practical utility of Bitcoin. Powering Mezo’s economy is MUSD, the first fully Bitcoin-backed stablecoin, which grants users instant spending power against their Bitcoin equity at low, fixed rates. Now, anyone can tap into their Bitcoin wealth and unlock real-world financial flexibility in a truly bankless system.

Users can learn more about Mezo’s initiatives and unique features at mezo.org.

Disclaimer: This press release may contain forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those discussed. Nothing in this press release should be considered investment advice.