Stellar's XLM has been floated as a potential challenger to Solana's SOL after a utility-led move last week lifted XLM up the rankings and took it to $0.248. Market watchers are also focusing on how close 24-hour volume has become, with SOL at $1.91 billion versus XLM at $1.51 billion, even as their market caps remain far apart.

Security researcher 0xflorent recovered 1,003.62 ETH (around $2 million) that had been stuck in a failed 2016 Hongcoin (The HONG) ICO refund contract for nearly nine years. The fix relied on a whitehat use of an integer-overflow issue in an admin multisig function, which required 41 signed transactions to unblock 48 affected investors. As of June 1, 2026, 96.5 ETH has been claimed and roughly 882 ETH remained available for others to withdraw.

Kalshi traders are positioning for slower job growth in May than April, but they still lean toward a result above the 90,000-job Dow Jones consensus. On Monday, the market implied a 56% chance the nonfarm payrolls figure beats Wall Street expectations, with 49% odds for more than 100,000 jobs and 40% for more than 110,000. The Bureau of Labor Statistics report is due Friday ahead of the Fed's June 16-17 meeting under Chair Kevin Warsh.

CoinShares reported that institutional crypto products recorded $1.67 billion in net outflows over the past week, extending the streak to three consecutive weeks of withdrawals. Bitcoin accounted for $1.438 billion of the redemptions and Ethereum saw $257 million, while total assets under management slipped to $141 billion. Three-week cumulative outflows were listed at $4.21 billion, with US products contributing $1.63 billion of the latest week's exits.

On June 1, Strategy (Nasdaq: MSTR) disclosed it sold 32 BTC for $2.5 million, saying the proceeds are expected to fund preferred stock distributions. Michael Saylor did not comment directly on the sale and instead promoted STRC, while investors weighed whether dividend obligations could lead to more bitcoin sales.

In May 2026, 165 long-inactive Bitcoin wallets moved a combined 5,073.71 BTC, spanning addresses created from 2011 to 2017. One notable transfer occurred on May 31, 2026 at 05:14 UTC, when a wallet untouched since Aug. 20, 2010 moved 20 BTC at block 951828. Activity continued into June 1 as a Jan. 4, 2014 wallet transferred 109.86264546 BTC at block 951983.

ProCap Financial said it sold about 52 Bitcoin to finance the repurchase of two million shares, with the stock trading at roughly a 50% discount to net asset value. The firm said buying back shares below the value of its underlying reserves increased Bitcoin exposure for remaining shareholders.

Strategy (NASDAQ: MSTR) reported selling 32 Bitcoin between May 26 and May 31 for about $2.5 million, its first BTC sale since December 2022. The disclosure came as Bitcoin traded at $71,482 at press time, down nearly 3% over 24 hours and 8% on the week. Some commentators said the move may be routine treasury management to fund preferred stock dividends, while others questioned whether it could shape sentiment around future sales.