This week in crypto saw Bitcoin price pull back to around $100,000 after entering the new week at around $105,000, amid institutional inflows into the crypto space, renewed U.S.–China tariff talks, growing fears of a recession, uncertainty surrounding U.S. Bitcoin reserves, and speculation over custodial rehypothecation.
The conflict between the most powerful man in the world, Donald Trump, and the richest man in the world, Elon Musk, kept markets jittery.
Trump Media Files for $12B Shelf Offering to Fuel Crypto-Fintech Ambitions
Trump Media has filed for a $12 billion mixed-shelf offering, giving it the flexibility to raise capital or pursue acquisitions. The move signals significant fintech ambitions, including crypto products such as a Truth Social Bitcoin ETF. Backed by pro-crypto regulatory shifts, the company aims to become a major player at the intersection of politics, media, and digital finance.
Metaplanet Aims for 210K BTC with $5.4B Bitcoin War Chest
Metaplanet is raising $5.4 billion to buy up to 210,000 BTC by 2027, nearly 1% of Bitcoin’s supply. Already Asia’s biggest corporate Bitcoin holder, the firm holds 8,888 BTC and plans to outpace MicroStrategy. The raise marks Japan’s first moving strike warrant issuance and reflects Metaplanet’s full transformation into a Bitcoin-focused powerhouse.
XRP Faces Pressure as Ripple ETF Inflows Dry Up
XRP has dropped over 38% from its 2025 high, now hovering near key support at $2.10. The leveraged Ripple ETF (XXRP) experienced a significant decline in inflows, dropping from $31 million to just $ 600,000 in a matter of weeks. On-chain activity is also weakening, with the number of active addresses down sharply. Traders are exiting at a loss, raising the risk of a drop toward $1.61.
ONDO Coin Faces Pivotal Support Test After Sharp Selloff
ONDO Coin is hovering near a critical support zone around $0.76–$0.78 after falling over 12% this week. With trading volume up 82%, bulls and bears are closely eyeing this level. A bounce could send prices toward $0.90, but a breakdown may trigger a steep drop to $0.65. Momentum remains fragile, and market indecision is high.
Maple Finance Expands to Solana, Taps Chainlink for Cross-Chain Lending
Maple Finance has launched on Solana, bringing institutional lending to the fast-growing blockchain. Backed by Chainlink’s CCIP and $30M in liquidity, the move enables undercollateralized loans and real-time asset flows across 57+ chains. With support from the Global Dollar Network and Solana-native platforms, Maple’s debut could fuel deeper DeFi and real-world asset adoption.
Cardano Faces Headwinds as On-Chain Activity Drops and Technicals Weaken
Cardano (ADA) is struggling, down 50% from last year’s peak and showing little momentum. Analysts cite low DeFi activity, fading hype around Bitcoin integration, weakening on-chain metrics, and bearish technical patterns. With stablecoin supply shrinking and whale selling increasing, ADA price may be heading lower, with key support seen near $0.51 if selling pressure continues.
Solana Eyes Breakout as $1.9B Activity Surge Signals Momentum
Solana is gaining attention after processing 1.9 billion transactions in 30 days, 47 times Ethereum’s volume, fueled by the growth of meme coins and high staking yields. Active addresses hit 123 million, with network fees surpassing Ethereum’s. A bullish cup-and-handle pattern hints at a potential run toward $500 as institutional interest in SOL also gains traction.
Ripple’s RLUSD Gets Green Light in Dubai, Sets Regulatory Milestone
Ripple’s RLUSD just became the first U.S. stablecoin approved by the Dubai Financial Services Authority. Now accepted across the DIFC, the move enables RLUSD to be used by over 7,000 institutions for treasury, payments, and custody. Backed by partnerships with Zand Bank and Mamo, Ripple strengthens its foothold in the Middle East’s $40B payments ecosystem.
Solana Millionaire Dream: Can $10K Turn Into $1M by 2030?
Solana has surged over 70,000% since 2020, but can a $10K investment today reach $1 million by 2030? At $155 per SOL, that would require a $15,000 price target, implying a $7.8T market cap. While unlikely, analysts see a more realistic $500 target, with staking boosting returns to around $36,800 in five years.
Reitar Logtech to Buy $1.5B in Bitcoin as Part of Treasury Strategy
Hong Kong’s Reitar Logtech plans to acquire up to $1.5 billion in Bitcoin, per an SEC filing, marking a bold treasury move. The logistics tech firm aims to use BTC as a hedge and growth enabler, aligning with its global expansion. This step blends operational innovation with crypto finance and may influence other traditional firms.
READ LAST WEEK’s RECAP: Crypto Weekly Recap: Here’s What Happened in Crypto This Week (May 25-31, 2025)
