On May 21, Solana (SOL) attempted a rebound as large holders added about $9.7 million worth of SOL, with two new wallets receiving 88,004 SOL ($7.56 million) and 24,500 SOL ($2.11 million). SOL traded around $86.30 after a 1.85% 24-hour gain, while volume rose 38% to $43.66 billion. Analysts said a daily close above $87.21 could improve odds of a move toward $95.62, though SOL remained below its 50-day EMA and ADX was 16.52.

Jito (JTO) rose more than 30% in a single day after quarterly figures highlighted higher staking activity, more validators, and a supply burn. The update cited 418 million SOL in cumulative Jito-enabled staked tokens, 119 million SOL staked on the Jito Network, and 9.7 million JTO burned in Q1, while daily volume jumped 605% to $168 million. Technically, JTO retested $0.35 as support after reaching $0.70, with bulls still defending the level.

Solmate Infrastructure (Nasdaq: SLMT) said Thursday that CEO Ron Sade and director Keren Maimon will buy 2,298,000 Class B ordinary shares at $4.97 each in a registered direct offering. The company expects about $11.4 million in gross proceeds, with the deal slated to close around May 27, 2026, subject to customary conditions. The price was described as a premium to recent trading levels that were around $4.67 or lower.

XRP has remained below $1.40, with price action stuck in a tight band that has frustrated bulls for weeks. A CryptoQuant review of exchange outflows shows whale-sized Binance withdrawals (over 1 million XRP) rising to 57.6%, while Coinbase’s same bucket fell to 14.8% and mid-sized outflows climbed from 19% to 36% between April 11 and May 19.

Wells Fargo increased its spot Ethereum ETF exposure in Q1 2026, lifting iShares Ethereum Trust holdings from about 672,600 shares in Q4 2025 to nearly 1.1 million, while also growing its Bitwise Ethereum ETF position to around 257,000 shares. Separately, JPMorgan Chase filed to launch a tokenized money market fund on Ethereum under the ticker JLTXX, designed to hold U.S. Treasurys and overnight repo backed by Treasurys and cash.

Solana (SOL) climbed to $98.41 last week but failed to break the $100 psychological barrier, keeping the broader bearish structure intact. A defined range from $76.7 to $97.6 places focus on the $87.2 mid-level, which was recently broken and then retested as resistance. On lower timeframes, the $88–$89 area stands out as a key volume cluster, with a move beyond $89 potentially shifting the short-term bias bullish.

WLFI saw a major profit-taking wave on May 18, when 1.8 billion tokens were sold at a profit, alongside record "age consumed" activity. The move followed Binance launching a USD1/BTC pair tied to WLFI's USD1 stablecoin, while WLFI later traded near $0.061 with a roughly $1.9 billion market cap.

Trader Don says Shiba Inu (SHIB) may be set for a momentum-driven breakout if it decisively clears a long-running descending resistance. He points to SHIB's market cap near $3.38 billion and outlines potential milestones at $3.74 billion, $8.54 billion, and $20 billion, with corresponding price references tied to the current supply.