Cardano recovered from the $0.25 monthly floor, used the MA 100 as a rising support base through the May rally, and has now reached $0.2748, the exact zone where the March breakdown began and where a rejection already occurred on March 25.
Token Terminal's latest monthly active address rankings put BNB Chain first and Ethereum seventh, but what the chart measures and what it means are two different things, and the numbers behind the rankings carry more analytical weight than the rankings themselves.
a16z crypto reports tokenized RWAs have surged 10x in two years to top $30B, with nearly half in U.S. Treasury debt, but the chart behind that number shows the steepest growth is happening right now, not in the past.
Ethereum's DeFi TVL share has fallen from 63.5% to 54% in 16 months, but the more revealing data point is what sits below it: four chains separated by just 0.49 percentage points, none of which has established itself as the clear second-place DeFi network.
LINK reached its highest price since January while 13.5M tokens left exchanges, but a single compressed MA cluster is the only support below the breakout.
Ondo Finance's ONDO token gained 50% in a week, reaching $0.40 with a market cap approaching $2 billion.
Bitcoin shorts swept, leverage flushed, realized profits positive for the first time since January, and 245K holders gone in five days, every condition that preceded the 2024 bull run appeared simultaneously this week.
XRP broke two confluent supports simultaneously on May 7 and derivatives participation near October 2024 lows confirms the move was not a leveraged selloff - it was buyers stepping away.
XRP's price is hovering around $1.44 as of March 21, up 3.15% on the week but still struggling to reclaim meaningful technical ground.
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