Quick market analysis on top cryptocurrencies

[Dhray]

The crypto market is holding strong this May with total market cap around $3.1 trillion. Bitcoin ($BTC)is leading as usual, trading at $103,911, showing steady strength and getting close to its ATH. Ethereum ($ETH) is gaining serious momentum, now at $2,508—up 45% this month, thanks to the recent Pectra upgrade that improved speed and cost-efficiency on-chain. $BNB is hovering around $645, backed by consistent use within the Binance ecosystem. XRP is at $2.39 and looking solid as confidence builds around the possible end of its legal battle with the SEC. Cardano ($ADA) sits at $0.76, showing modest gains as development continues on its smart contract features. Solana ($SOL) is one of the standout performers right now up 20% this month, currently priced at $171.13. It’s getting a boost from the booming DeFi scene on the network and a big jump in on-chain activity, with Solana’s GDP reaching $1.2B in Q1. Also worth watching: AI tokens are pumping hard—adding nearly $10B in market cap this week alone. And on the legal front, the Genius Act, a U.S. stablecoin bill, is moving through Congress and could shake things up if passed. What’s everyone holding this month?