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Chainlink CCIP migration wave lifts activity metrics as LINK fights $9 support
Chainlink's CCIP saw record network activity after several LayerZero-based protocols moved over following the KelpDAO exploit, while LINK rebounded from the $9 area. Daily Active Addresses reached 80.43K during KelpDAO's transition week, and more than 500K LINK were added to reserves via fee-driven market buys, though overhead supply still capped upside.
LINK
LINK+4.03%
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Zcash (ZEC) holds $500 support, jumps toward $600 as shorts dominate 60%
Zcash (ZEC) defended the $500 level four days ago and later climbed to $593 before easing to $581, up 3.2% in 24 hours. Derivatives data showed $880 million in Futures Inflows versus $800 million in Outflows, lifting netflow 87% to $80 million, while shorts still made up 60% of positions. More than $3.8 million in shorts were liquidated, and a daily close above $600 is flagged as the key level to validate a move toward $620.
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Hyperliquid-Linked ETFs See Nearly $8.2M Weekly Inflows as Coinbase Expands Role
Hyperliquid-linked ETFs brought in nearly $8.2 million in net inflows this week, after 21Shares posted its strongest day since launch and Coinbase was named the official treasury deployer for Hyperliquid's stablecoin ecosystem. 21Shares said its new fund saw about $8.1 million in Thursday trading volume and nearly $4.9 million in net inflows, while HYPE was up roughly 8% at about $43.63 by Friday.
HYPE
HYPE+4.68%
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XRP Institutional Buying Rose in April, Turned Slightly Negative in May on Binance
XRP has slipped from $1.45 and is trading around $1.37–$1.38, with buyers repeatedly failing to reclaim the $1.45 resistance zone. An Arab Chain report says Binance's XRP institutional accumulation indicator fell back to about -0.0059 in May after improving through April, suggesting large investors paused rather than entered heavy distribution. The price action remains range-bound between roughly $1.30 and $1.50, with $1.30 highlighted as key support.
BTC
BTC+0.58%
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Solana spot ETF inflows rebound in May 2026, topping $103M by May 19
Solana (SOL) spot ETF inflows strengthened in May 2026 after six straight months of declines, rebounding from $39.93 million in April versus $419 million in November 2025. By May 19, Solana spot ETFs had attracted more than $103 million for the month, ahead of XRP's $97 million over the same period. SOL traded near $86 on May 21, up about 2.15% in 24 hours, as broader weekly fund flows showed large outflows from Bitcoin and Ethereum products.
SOL
SOL+2.07%
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