Gold-backed tokenized commodities are leading RWA expansion, with XAUT and PAXG responsible for 89.1% of the sector’s growth since 2025. As of May 13, 2026, the two tokens traded around $4,683–$4,684, while their reported contributions to expansion were about $1.87 billion (XAUT) and $1.80 billion (PAXG).

U.S.-listed spot XRP ETFs recorded $25.8 million in net inflows on Monday, the largest one-day total since January 5, taking cumulative inflows to $1.35 billion. Franklin Templeton's XRPZ led with $13.62 million, followed by Bitwise at $7.59 million and Grayscale's GXRP at $4.59 million, while Canary's XRPC and 21Shares' TOXR showed no flows. As of May 13, 2026 at 08:33 UTC, XRP traded at $1.4608, down -0.86% on the week.

On May 12, the U.S. Senate confirmed Kevin Warsh to the Federal Reserve Board of Governors in a 51-45 vote, with a separate chairmanship vote expected Wednesday. Bitcoin stayed above $80,000 after the news, and as of May 13, 2026 at 07:00 UTC it traded at $80,955, down 0.1% over 24 hours. Warsh has previously called Bitcoin "the new gold for people under 40" and said he plans to divest most crypto-related holdings.

Chainlink (LINK) saw address interactions jump to 282,170 on May 10, the highest level in eight months, as the market debated whether the spike reflected bots or genuine usage. LINK later traded around $10.440 on May 12, 2026 (06:56 UTC), while separate on-chain signals cited in the report included a nearly $1 billion CCIP-related asset migration and whale wallets adding 32.93 million LINK.

Ethereum accounts for 71.9% of tokenized fund assets as BlackRock advances plans to put new tokenized share classes on the network. The firm filed two SEC submissions tied to its $7 billion Select Treasury Based Liquidity Fund (BSTBL) and a Daily Reinvestment Stablecoin Reserve Vehicle, both designed to use ERC-20 tokens. ETH also traded at $2,312.28 at 06:20 UTC on May 12, 2026, down -2.48% on the week.

On May 10 at 6:56 PM, Donald Trump posted a statement on Iran that traders interpreted as a sign of rising geopolitical risk. Bitcoin briefly jumped to $82,430 before pulling back, while 24-hour volume rose 57% and more than $380 million in positions were liquidated. By May 11, the Crypto Fear & Greed Index stayed neutral at 50, highlighting a market waiting for either diplomacy or further escalation.

On May 1, U.S. spot Bitcoin ETFs recorded $630 million in net inflows, while spot Ethereum ETFs took in $101 million. On May 10, an X post highlighted Bitcoin overtaking Tesla to become the world’s 12th largest asset by market cap. By May 11, 2026 (06:14 UTC), BTC was at $80,919.37, down -1.56% on the week, as the report pointed to $78,884 as a key daily support level.

JPMorgan Chase & Co., Mastercard, and Ripple backed a pilot that aimed to narrow the settlement gap for tokenized assets by coordinating a cross-border redemption of tokenized U.S. Treasuries in near real time. The blockchain leg was completed in under five seconds, while USD proceeds were routed via JPMorgan's Kinexys platform to Ripple's account in Singapore within the same workflow.

On May 10, 2026 (06:00 UTC), TON traded at $2.481, up +1.76% on the week after pulling back from $2.908, as Telegram continues embedding TON more deeply into its ecosystem. Pavel Durov said Telegram will formally replace the TON Foundation as the network’s largest validator after staking about 2.2 million TON, while analysts cite lower fees and expanding mini-app usage as key growth drivers.