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Tron (TRX) Sets New All-Time High in Monthly Transfer Volume

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TRX, the native token of the Tron network, recorded a new all-time high in monthly transfer volume in May 2025.

According to data compiled by CryptoQuant, a total of 490.3 billion TRX was transferred during the month, equivalent to approximately $132.4 billion at the token’s current price of $0.27.

Surge in Network Activity

The latest milestone marks a significant increase from April 2025, when 362.92 billion TRX was transferred, showing a month-over-month growth of about 34%. The latest record depicts an increasing transactional activity on the Tron blockchain.

CryptoQuant stated that the rise in volume indicates strong user engagement and continued network demand.

TRX has performed significantly well in May, supported by strong on-chain fundamentals and price resilience. Data also showed that TRX exhibited a relatively stable and low-risk investment profile, attracting steady inflows.

However, the past week witnessed increased selling pressure amid broader market turbulence driven by geopolitical tensions and shifting investor sentiment. This caused it to dip to $0.257 briefly. The altcoin has since recovered and is currently trading near $0.27.

Despite this, Tron managed to overtake Cardano to become the ninth-largest cryptocurrency by market capitalization, with its market cap rising to nearly $26 billion while Cardano’s fell to $23 billion.

Tron Dominates Stablecoin Activity Across Latin America and Africa

Zooming out, the Tron network also recorded a significant surge in stablecoin activity, even surpassing Ethereum in terms of stablecoin volume. In fact, as per Artemis’ latest report, Tron has emerged as the most widely used blockchain for settling customer flows by value, followed by Ethereum, Polygon, and Binance Smart Chain.

In Latin America, Tron dominated stablecoin settlement, particularly in Colombia, Ecuador, and Brazil, where it accounts for the bulk of transaction activity. In African markets, Tron and Ethereum share dominance, with the former emerging as the leading network in six out of ten countries analyzed, including Egypt, Ethiopia, Ghana, Mauritius, Morocco, and Seychelles.

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Cryptocurrency

BNB Hits Record High, Analysts Now Target $2K

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TL;DR

  • BNB clears two-year resistance with volume support and 120K+ tokens bought by Nano Labs.
  • Risk indicators show no overheated conditions, giving room for the rally to continue climbing.
  • Windtree Therapeutics and others are securing millions to increase BNB holdings for treasury use.

BNB Breaks Resistance and Pushes Higher

BNB has moved above $855, setting a new all-time high. Analyst Crypto Patel confirmed the breakout and named $2,000 as the next major level to watch. He pointed out that BNB has gained over 100% since its last retest, with the rise supported by steady growth across the Binance ecosystem.

Crypto analyst Henry noted that BNB cleared a six-month channel and held its retest at $780. He added that smart money stepped in as volume spiked and demand zones held firm. Nano Labs has reportedly accumulated more than 120,000 BNB. 

Meanwhile, BNB Chain’s decentralized exchange volume reached $190 billion this month, with on-chain transactions rising threefold since April.

Risk Metrics Show No Overheating

Joao Wedson, CEO of Alphractal, said BNB’s current Sharpe Ratio remains under 1.0. This level suggests the rally has not yet entered the high-risk zone often seen before local tops. Previous market peaks, such as in April–May 2021, saw the ratio rise well above this range.

Wedson also pointed to the Normalized Risk Metric, which is now at 0.005. This number is low compared to earlier highs, showing that BNB is not trading under excessive pressure. 

According to Wedson’s analysis, the setup suggests more room for upward movement before risk signals begin flashing.

In addition, the BNB/ETH ratio is on the rise. Wedson noted that this pattern has often appeared when Bitcoin nears a short-term top or bottom. In previous cycles, sharp moves in this pair acted as early signs of broader changes in the market trend.

As BNB gains strength against Ethereum, traders are watching for possible follow-through from Bitcoin and other large-cap assets.

Treasury Activity and Large Purchases Increase

Windtree Therapeutics, a biotech firm listed on Nasdaq, announced plans to add BNB to its reserves. The company has secured $520 million through two funding deals—a $500 million equity line of credit and a $20 million stock purchase agreement with Build and Build Corp.

Separately, a Chinese blockchain company confirmed a $500 million convertible notes deal to buy BNB. Its goal is to accumulate up to 10% of the total circulating supply.

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Ripple Price Warning: XRP Could Tumble if This Crucial Support Cracks (Analysis)

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Following Bitcoin’s record-breaking rally, Ripple (XRP) has experienced a notable uptrend in recent weeks, establishing a strong bullish market structure across both its USDT and BTC trading pairs.

However, the current price action indicates a potential overextension, suggesting a short-term correction or consolidation phase may occur before further upside continuation.

Technical Analysis

By ShayanMarkets

The USDT Pair

XRP has recently surpassed the significant $3.30 resistance level against USDT, extending a rally that began in early July. This bullish breakout was triggered by the price moving above both the 100-day and 200-day moving averages, which are now trending upward and forming a bullish crossover near the $2.40 area. These moving averages are likely to act as dynamic support in case of a deeper retracement.

Despite the bullish momentum, XRP is showing early signs of rejection at the $3.30 level. The Relative Strength Index (RSI) entered the overbought zone but has since declined below 70, coinciding with the current price pullback. The $3.00 level is now serving as short-term support.

If this level holds, it could provide a solid foundation for the next leg up. However, a break below $3.00 could trigger a more pronounced decline toward the $2.40 region, where the aforementioned moving averages converge.

The BTC Pair

The XRP/BTC chart reflects a similar trend, with Ripple’s token surging from early July and breaking above the 100-day and 200-day moving averages, both positioned near the 2,400 SAT level. This bullish move was met with resistance at 3,200 SAT, where the rally temporarily stalled.

Currently, the market is retesting a bullish fair value gap near the 2,700 SAT area. If this zone provides support, it could serve as a launchpad for another attempt at the 3,200 SAT resistance, with potential for a breakout. Conversely, failure to hold above 2,700 SAT could open the door to a deeper correction, with downside targets around 2,400 SAT or possibly the key 2,000 SAT support level.

Overall, while XRP’s trend remains bullish, short-term caution is warranted due to potential overbought conditions.

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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

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Cryptocurrency

Bitcoin Price Analysis: BTC Correction Over? Here’s What Signals a New ATH

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Bitcoin recently flushed a key liquidity zone below the $116K mark, triggering a period of sideways consolidation.

With the FOMC meeting scheduled for Wednesday, traders are bracing for a potentially significant price move driven by macroeconomic developments.

Technical Analysis

By ShayanMarkets

The Daily Chart

Bitcoin remains within a steep ascending price channel, recently triggering a sweep of significant sell-side liquidity just below the $116K level. This area was loaded with stop-losses and long liquidations, which were flushed as the market dipped.

Despite a short-term rebound following the sweep, bullish momentum has yet to regain full strength, likely due to a spike in supply pressure following a historic whale transaction, where one of the oldest known wallets moved dormant BTC after years of inactivity.

Currently, Bitcoin is consolidating between the ascending channel’s support at $114K and the ATH resistance around $123K. This range-bound behavior reflects market hesitation ahead of the FOMC meeting scheduled for Wednesday, which is expected to trigger a major volatility event based on the Fed’s rate policy decision.

The 4-Hour Chart

On the lower timeframe, BTC’s corrective drop was absorbed near the 0.5 Fibonacci retracement zone around $115K, prompting a reversal. Moreover, the price action has broken above a bullish flag formation, signaling a potential continuation toward $123K if momentum sustains. However, this bullish setup is contingent upon upcoming macro developments.

All eyes are now on Wednesday’s FOMC meeting, with traders awaiting confirmation of a rate cut or hawkish tone. Depending on the Fed’s stance, Bitcoin could either break above its ATH or revisit lower support zones.

On-chain Analysis

By ShayanMarkets

As Bitcoin continues to trade sideways without a decisive breakout, the behavior of large holders is raising eyebrows across the market. On July 25th, a notable spike in Binance Whale Inflows was recorded, with over $1.2 billion in cumulative BTC entering the exchange in a single day. This surge marks the largest 30-day inflow observed in recent months, signaling a major shift in market dynamics.

This wave of inflows led to immediate short-term selling pressure, pushing Bitcoin down from the $120K resistance to the $115K–$116K support zone, where it currently consolidates. While retail inflows have been gradually rising, they pale in comparison to this whale activity, highlighting a significant imbalance in market supply.

If buyers fail to absorb this wave of supply, further downside toward $110K becomes a likely scenario. However, should Bitcoin rebound from current support, a retest of $121K and potentially new all-time highs remain on the table.

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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

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