On 13 May 2026, Santiment’s 30-day GitHub activity ranking for top RWA projects put ChainLink first with 197.8 and Hedera second with 193.57, while the gap to Stellar in third (72.4) highlighted a steep drop-off. Injective ranked 8th by development at 23.13 but led the group’s 24-hour price moves with a +22.15% gain. The table also showed IOTA at 46.5 development units on a $280.29M market cap, implying higher activity per market-cap dollar than larger peers.

Analyst Mark Chadwick said on May 13 that altcoins are showing one of the cleanest technical setups since 2020 after months of consolidation along a rising support line. He argued similar conditions in 2020–2021 preceded advances of 2,000%–10,000% for many large-cap alts, while other analysts see a possible 100%–300% window if liquidity improves. Separate on-chain commentary also cautioned it is too early to declare an altseason as liquidity remains constrained.

On May 26, 2025, XRP traded around $1.42 after failing to sustain a move near $1.50, with traders focusing on whether support around $1.41–$1.40 holds. Short-term charts showed cooling momentum and selling pressure, while the daily structure was described as broadly bullish as long as price remains above $1.38 on a closing basis.

Evernorth Holdings, founded by former Ripple executive Ashish Birla, is sitting on about $389 million in unrealized losses on its XRP holdings, according to CryptoQuant analyst Maartunn. The firm built its position in autumn 2025 with roughly $950 million invested at an average entry near $2.44 per XRP, while XRP is now trading below $1.50.

Ethereum is trading near $2.3k and continues to stall below the $2.4k resistance that has defined months of consolidation. The daily structure remains inside an ascending channel from February, with $2.2k–$2.1k acting as nearby downside references and $2.6k–$2.8k highlighted as potential upside targets if $2.4k is reclaimed. Derivatives sentiment has turned more aggressive, with funding reaching +0.0105, raising the risk of either an amplified breakout or a swift long unwind.

Shiba Inu (SHIB) has risen nearly 2% over the past 7 days, pushing into the $0.00000650 area while derivatives open interest climbed above 6 billion tokens. The setup now hinges on SHIB holding the $0.00000650-$0.00000667 demand zone as short positioning slightly outweighs longs, even as Binance users skew more bullish. On the supply side, exchange reserves have dropped to 82.2 trillion coins from 170 trillion two years ago, a shift that could tighten liquidity if demand returns.

Ether withdrawals for KelpDAO users impacted by the rsETH incident are expected to restart within 24 hours after the attacker's rsETH on Arbitrum was burned and the bridge lockbox began being refilled. The exploit started April 18 with the minting of 116,500 unbacked rsETH, and the recovery process included liquidating eight Aave V3 positions on May 6 and steps to restore 1:1 ETH backing.

On May 12, Ash Crypto highlighted copper's May intramonth high of $6.62 and a close at $6.54, arguing past cycles saw altcoins react with a lag while the "Others" altcoin market cap stayed near $200 billion. Michaël van de Poppe instead focuses on the copper/gold ratio, saying its early-2026 turn after a roughly five-year downtrend tracks ETH/BTC closely. Both readings suggest altcoins have not yet responded, but they differ on whether nominal copper strength or the ratio-based risk signal is the cleaner trigger.