This week, we examine Ethereum, Ripple, Cardano, Solana, and Hype in greater detail.

Ethereum (ETH)

Ethereum had another flat week in terms of price action, ending it with a minor loss of 1%. The price has been moving sideways since early May, holding just above the key support at $2,400.

This long consolidation could signal some indecision from market participants, but it can also be the precursor of a major move later on. The recent re-test of the key support could be a sign of weakness, and another drop to that level could lead to a breakdown.

ETH had a fantastic performance in April, but its momentum suddenly stopped in May and June. Volume is declining, and this could give sellers an opportunity to push the price back towards $2,000 if $2,400 falls.

Ripple (XRP)

XRP closed the week with a modest 2% gain. This comes after the price nearly touched the $2 support level. Ideally, buyers return here to take this cryptocurrency back to $2.3, which is currently acting as a resistance.

Similarly to Ethereum, volume has been declining since the start of the year. This explains the low volatility and lack of strength to sustain a rally that can see XRP revisit $3, as in January.

Looking ahead, the momentum indicators are turning flat and give no clear direction, considering the price has been bouncing between $2 and $2.6 for over three months. Until XRP breaks away from this range, don’t expect any major changes.

Cardano (ADA)

ADA has had a disappointing year so far. Since January, its price has fallen by over 40% from its highs around $1. While the asset found good support at $0.64, buyers failed to move it much beyond this level at the time of this post. This is why the price is similar to last week.

Ideally, ADA will hold above $0.64 and make its way towards $0.90, which is the most important resistance on the chart. However, if the overall market remains undecided or turns bearish, it is unlikely ADA can sustain an uptrend.

Looking ahead, Cardano appears to have found a local bottom at $0.64, but this still appears fragile. Bulls really need to break above $0.90 to restore confidence in a sustained rally.

Solana (SOL)

Solana suffered a major defeat this week when its price fell below the support at $152. At the time of this post, buyers are trying to reclaim this level, but it is too early to call it. SOL also closed the week with a 2% loss.

The next few days are critical for this cryptocurrency because bulls are on the defensive, and any weakness could see sellers take SOL towards $130 next. If so, the current downtrend will be reinforced.

Solana may fall to $130 or even $100 if the price action does not turn around soon. The odds are against it, considering the 3-day MACD did a bearish cross on Friday. This is a major bearish signal.

Hype (HYPE)

HYPE closed the week with a 7% gain, which makes it the best performer on our list. This comes after HYPE was listed on several major exchanges such as Binance, Bybit, and OKX.

While this news was bullish in the short term, the price action seems to show the opposite. Based on the weekly candles, we can see that HYPE appears to have topped around $40 and is making lower highs since then. This could be the start of a longer consolidation or pullback around $30.

Looking ahead, HYPE remains a very competitive coin that has reached the top 10 altcoins by market capitalization if we exclude stablecoins. This is an impressive achievement, but also shows that exponential growth from here on will be more difficult, considering its $11 billion market cap.

[PRESS RELEASE – Dublin, Ireland, June 7th, 2025]

AB DAO announced that its native token $AB officially began trading on Binance Alpha—Binance’s early-access, exclusive listing platform. What strategic considerations led AB to choose Alpha, and what role does this phase play in the “AB Anywhere” cross-chain asset vision? This report delves into the AB team’s rationale and plans. Users can refer to the official Binance announcement: https://x.com/binance/status/1931229650543583317)

Putting Technology and Liquidity to the Test on Alpha

For any emerging blockchain network, a first exchange listing is a comprehensive trial of both technology and operations. Although the AB team has conducted multiple internal and third-party security audits on AB Core and the AB Connect cross-chain protocol, real-world user environments often hide unforeseen risks. By listing on Binance Alpha—where contracts undergo Binance’s rigorous security review—the team can identify on-chain performance bottlenecks and deploy optimizations rapidly. Alpha’s user base is targeted and highly active, with a penchant for exploring new projects. By observing their trading behavior and cross-chain experiences in real time, the AB team can make iterative improvements and preempt potential issues.

Partnering with Binance to Elevate AB’s Global Influence

As a leading exchange, Binance boasts hundreds of millions of users and a mature risk-management system. Early collaboration with Binance allows AB to secure concentrated, high-quality media coverage and community attention during the Alpha phase.

High-performance modular network: AB Core mainnet is live, supported by AB IoT sidechain and the AB Connect protocol for seamless cross-chain interoperability.

Multi-chain wallet: AB Wallet already supports BSC️AB transactions and multi-asset management.

Global, multi-language community: AB’s English, Chinese, Japanese, Korean, Thai, Indonesian, and Vietnamese communities exceed ten million users.

Decentralized philanthropy: The AB Foundation’s global charity initiatives have earned Binance’s endorsement, further boosting AB’s brand reputation.

Refinement through Diverse, International Feedback

From the outset, AB has pursued a global mindset. Following the Alpha listing, regional communities sprang into action, providing diverse feedback that has been instrumental in data-driven product improvements—especially for AB Wallet. Next, the team will launch a small-scale on-chain governance trial on the testnet, inviting early token holders to vote on a minor charity donation proposal. This exercise, now successfully completed, lays the groundwork for future governance and strengthens community trust.

Future Outlook: Becoming the Ubiquitous Cross-Chain Asset

With Alpha behind it, AB’s roadmap is clear:

Technical expansion: In H2 2025, complete bilateral integrations with additional blockchain ecosystems to extend the “AB Anywhere” footprint, while employing strategies to reduce cross-chain transfer costs and boost capital efficiency.

Governance enhancements: Building on the pilot proposal, AB DAO will refine its proposal and voting workflows. The AB Foundation will enhance on-chain mechanisms to sustain donor confidence in transparency and impact.

Having amassed technical and operational know-how in the first half of the year, the AB team is poised to enter the global mainstream market with maturity. AB will soon fulfill its vision as the truly “ubiquitous cross-chain asset.”

About AB

AB is a high-performance, modular, heterogeneous blockchain network. Its native token $AB is deployed across chains via AB Connect, realizing the “AB Anywhere” concept. AB focuses on driving stablecoin issuance, payment network infrastructure, and decentralized philanthropy—building an open, trusted global value infrastructure.

Website: https://ab.org

Global Community: https://www.ab.org/community

The research arm of the world’s largest cryptocurrency exchange has released a report highlighting key developments and market movements in the digital asset sector for May. The analysis provides insights into growth and challenges observed across various sectors, including decentralized finance (DeFi), exchange-traded funds (ETFs), gaming, and tokenization.

According to Binance Research, the cryptocurrency sector experienced a 10.3% increase in market capitalization, driven by bitcoin (BTC) reaching a new all-time high (ATH) and substantial inflows into ETFs.

Market Highlights for May

The growth in May was a continuation of the upward momentum witnessed in April. Major crypto assets saw strong gains, and even ether (ETH), which has been underperforming in this bull run, posted a 43.9% recovery.

As the market rebounded, volatility remained elevated due to changes in U.S. trade policies. There were renewed tariff tensions between the U.S., China, the European Union, and the UK, which triggered market uncertainty. Although a court ruling eventually halted all tariffs temporarily, the U.S. government subsequently reinstated them.

Despite the cautious macroeconomic environment, BTC saw increased institutional adoption. Corporate entities have embraced the digital asset as they have become more confident in its long-term value as a hedge and strategic asset. Around 116 public companies collectively expanded their treasuries to 809,100 BTC as the asset’s ATH renewed the fear of missing out (FOMO) among the firms. More firms unveiled multi-million dollar plans to acquire BTC as regulatory clarity improved.

Corporate Entities Are Diversifying

Although BTC has remained the core reserve asset among corporate treasuries, some firms are cautiously diversifying their investments into ETH, XRP, and Solana (SOL).

“Looking ahead, the trajectory of corporate crypto treasuries will depend on broader macro conditions, regulatory evolution, and market cycles. Momentum remains strong for now, with Bitwise projecting that corporate treasuries could exceed 1 million BTC by 2026,” the Binance Research team stated.

Coming down to sectors, Binance Research found that May witnessed structural divergence and capital rotation. DeFi’s 19% growth was attributed to new product launches and yield opportunities. Meme coins rose 9.3%, while Artificial Intelligence (AI)-related tokens and Real-World Assets (RWAs) spiked 4.7% and 3.6%, respectively. In contrast, the Gaming and Layer-2 sectors remained weak.

Meanwhile, U.S. spot Bitcoin ETFs recorded inflows of at least $5.2 billion, the highest since November 2024. However, profit-taking amid renewed macroeconomic uncertainty toward the end of the month triggered outflows of up to $962 million.