Market Overview & Potential - The crypto market, currently at $365% trillion, is perceived as just the beginning, consolidating around all-time highs [2][3] - Industry anticipates significant upward movement in altcoins, contingent on Bitcoin's performance and dominance [3][5] - Retail interest in crypto remains low, despite Bitcoin reaching new highs, suggesting potential for future growth when retail participation increases [16][17] Bitcoin Analysis - Bitcoin's price increase and liquidity are crucial for the growth of Ethereum and altcoins [5] - Bitcoin balances on exchanges are decreasing, potentially leading to a supply shock due to institutional adoption and ETF purchases [22][23] - Bitwise reports total Bitcoin holdings of 847,000, representing 403% of the total 21 million Bitcoin supply, with a total value of $91 billion [24] Ethereum Insights - Ethereum is approaching a critical point, needing to surpass $3,000 to signal a shift towards $4,000 and retest all-time highs [8] - Ethereum exchange reserves are also dropping, indicating surging buying demand alongside enterprise and institutional adoption [9] XRP Analysis - XRP is showing bullish signs, with potential for significant price movement, driven by institutional adoption and involvement in government initiatives [11][12] - XRP's market value has reached a 7-week high, crossing above $239%, with whales accumulating XRP, holding 4732% billion XRP [19][20] - XRP dominance is starting to break out of a downtrend, with targets of 6% to 8% and 11% to 143% against Bitcoin [27] Supply Shock & Adoption - A potential Bitcoin supply shock could significantly boost altcoins, including XRP, as institutional players and ETFs drive demand [26][29] - Banks are showing interest in holding crypto assets, further diminishing supply and potentially leading to a supply shock [29][30] - Industry projects that if crypto market hits $5 to $7 trillion, XRP could reach $440 to $612 at 5% dominance, or $1050 to $1477 at 12% dominance [33]

LIVE NOW - Ethereum's Strategy to Win Over Wall StreetRecorded live at the @Permissionless IV conference, this conversation dives into @ethereum ’s strategy to win over Wall Street.@dannyryan discusses how @Etherealize_io is advising financial institutions to leverage Ethereum’s decentralization, resilience, and credible neutrality, while @ethereumJoseph explains why @Consensys is taking a direct approach by accumulating ETH on @SharpLinkGaming’s balance sheet, similar to MicroStrategy with Bitcoin.-------- ...

Onchain Initiatives by Fortune 500 Companies - 60% of Fortune 500 executives surveyed say their firms are exploring onchain initiatives [1] - Nearly half of surveyed Fortune 500 companies have increased their investment in onchain solutions [1] - The average number of onchain projects per company has increased by 67%, from 6 to 10 projects [1] - Payments and settlements are the most popular onchain initiatives at 47%, followed by supply chain management at 44% and blockchain infrastructure at 40% [1] - Onchain cross-transfer payments have grown by 31% since last year, corporate treasuries by 21%, and crypto investment product development by 19% [1] - 18% of executives say onchain initiatives play a key role in their business strategy, a 47% increase from 2024 [1] Crypto Adoption by SMBs - 34% of SMBs are currently using crypto in their businesses, with 46% of those not using it expecting to start within the next 3 years [1] - 82% of SMBs said that crypto can help them to address at least one of their main pain points, up from 68% a year ago [1] - 34% of SMBs are using crypto, up from 17% in 2024; 18% are using stablecoins, up from 8% last year; and 32% have paid or accepted a payment in crypto, up from 16% last year [1] - 84% of SMBs are interested in using crypto in their business, up from 65% just last year [1] - 72% of SMBs said transaction fees and processing times are a major pain point, up from 66% last year [1] - 57% of SMBs said that adopting crypto will save their business money, which is up from 42% last year [1] Stablecoin Adoption and Growth - Stablecoin transfer volumes peaked at $719 billion in December 2024 and $717 billion in April 2025 [1] - The number of stablecoin owners has climbed to over 161 million people [1] - As of May 2025, stablecoins account for 10% of US currency in circulation, and the total stablecoin supply has reached $247 billion, a 54% increase since 2024 [2] - Circle's USDC market cap reached an all-time high of $62 billion [2] - 47% of Fortune 500 executives and 82% of SMBs said stablecoins can help tackle slow transaction speeds and high fees [2] - 18% of SMBs are using stablecoins, more than double the 8% in 2024, and 81% are interested in integrating stablecoins, up from 61% in 2024 [2] Tokenized Real-World Assets (RWAs) - The RWA sector has grown by more than 245 times between April 2020 and April 2025 [2] - Private credit accounts for 61% of the tokenized RWA sector, tokenized treasuries 30%, commodities 7%, and institutional funds 2% [2] - Private credit tokenization has grown from basically nothing to $12 billion by April 2025, while tokenized treasuries have gone from under $500 million in October 2022 to more than $6 billion [2] Institutional Adoption of Crypto - The top 10 spot Bitcoin ETFs ranked in double the cumulative inflows of the top 10 all-time ETFs in their first year at $50 billion [3] - The spot Ethereum ETF saw a modest $35 billion worth of inflows in their first quarter after launch [3] - 86% of institutional investors have exposure to digital assets or plan to in 2025, and 83% plan to increase their crypto exposure this year [3] - 59% plan to allocate more than 5% of their AUM to crypto-related products, while 73% said their firms hold crypto outside of ETH and BTC [3] - 84% are either actively utilizing or plan to utilize stablecoins, while 76% intend to invest in some type of tokenized RWA in 2026 [3] Regulatory Hurdles and Developer Talent - 90% of Fortune 500 executives feel that clear regulation is required to support crypto and web3 innovation [3] - 54% said that regulatory concerns are a barrier to adoption of blockchain technology, while 67% said that regulatory uncertainty is a hurdle for adopting stablecoins [3] - 72% of SMBs said they would be more likely to consider crypto if there was a clearer market structure for crypto [3] - While the US still maintains the greatest share of developers at 39%, since Ethereum's launch in 2015 this share has been cut in half [3]