Cardano is trading at $0.2777 on May 11 after pulling back from an intraday high of $0.2829, just one session after breaking out of a three-month descending triangle that had been compressing since February. At the same time, Grayscale quietly increased its ADA allocation to 18.33%.
$XRP is trading at $1.4481 on May 11, reaching the apex of a symmetrical triangle that has been compressing since February, while three months of negative funding rates on Binance continue to contradict XRP’s 27% price increase over the same period.
Bitcoin stabilized on Monday after giving up most of its weekend gains amid escalating tensions surrounding Iran, which offset optimism over progress in establishing a U.S. regulatory framework for cryptocurrencies.
Ethereum’s weak performance relative to Bitcoin continues to draw attention in the cryptocurrency market. Analysts note that the ETH/BTC pair has fallen more than 35% over the past year and warn that if the current downtrend continues, the pair could face an additional 40% decline.
This week, Toncoin (TON) became one of the best-performing cryptocurrencies as the asset’s price more than doubled. According to CoinGecko data, TON traded around $1.34 on May 2, while its intraday high on May 9 reached $2.67.
After the stablecoin market slightly surpassed the $320 billion mark last week, it attracted more than $2 billion in fresh investment over the past seven days. Defillama data shows that the total market capitalization of the stablecoin market currently stands at $322.74 billion.
$XRP enters the second quarter of 2026 with mixed sentiment, as AI models debate whether the asset will break out or continue to trade sideways. Most AI forecasts predict $XRP will range between $1.40 and $4.50 by the end of June 2026. However, bullish scenarios could reach $8 if institutional adoption accelerates and ETF inflows remain strong.
Bitcoin continues to lead on the institutional market, as fund balances, ETF inflows, and corporate accumulation continue to favor $BTC over Ethereum. Data from CryptoQuant published on May 7 showed that fund assets grew from 1.278 million $BTC on February 7 to 1.370 million $BTC on May 5. This added 92,116 $BTC, a 7.21% increase, with the asset’s price rising from $69,249 to $80,874.
Bitcoin once again failed to hold above $82,800 and dropped back below $80,000. At the same time, there is still no strong panic among buyers — more than $1.1 billion flowed into spot Bitcoin ETFs over the past week. The market has not seen inflows of this scale since January.
On Friday, Bitcoin declined amid military escalation between the United States and Iran in the Strait of Hormuz, reducing investor appetite for risk assets. The broader cryptocurrency market also moved lower.
During US trading hours, Bitcoin briefly climbed to new 13-week highs, but the market failed to hold above the $83,000 level. Market sentiment shifted quickly after another wave of news related to Iran. Uncertainty surrounding a possible ceasefire prompted some traders to begin taking profits.
Toncoin continued its strong recovery this week after buyers pushed the asset through several major resistance zones. The rally followed months of sideways trading and weak momentum around the $1.30 area. However, market sentiment shifted rapidly after TON reclaimed key moving averages on the 4-hour chart.
On May 7, XRP is trading at $1.4201 as Ondo Finance, JPMorgan Chase, Mastercard, and Ripple completed the first cross-border tokenized US Treasury repurchase transaction on the XRPL ledger in less than five seconds, while CMF at minus 0.17 shows capital is still flowing out despite the news.
Zcash continues to receive support from several directions at once: a listing on Robinhood, easing tensions between the United States and Iran, and a reduction in the available supply of ZEC are fueling interest in the coin. Over the past month, Zcash has significantly outperformed the broader crypto market. The coin gained more than 125%, while most cryptocurrencies rose by an average of around 15% during the same period.
The price of Toncoin surged 32% to $2.89, marking a 110% increase since Telegram founder Pavel Durov announced a major strategic shift and a sixfold reduction in network fees.
Bitcoin slipped slightly from three-month highs on Thursday as the recent rally lost momentum after the largest corporate cryptocurrency holder, Strategy, stated that it may sell part of its holdings. Nevertheless, the crypto market and broader financial markets maintained a positive tone, as hopes for de-escalation in the conflict between the United States and Iran supported strong gains in risk assets.
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