These 3 Cryptos Are Primed for a Late-May Surge
Bitcoin shakes off its sideways grind as institutional money floods back in—just in time for the monthly options expiry.
Ethereum’s Layer-2 ecosystem hits escape velocity, leaving gas fee doomers eating dust.
Solana defies the ’ghost chain’ FUD with its highest weekly DEX volume since November 2024.
Bonus jab: Traders who ignored these setups are too busy explaining why ’this time is different’ during the next 20% pullback.
Cryptocurrencies Hold Steady As Consolidation Hits
The cryptocurrency market seems to be moving in a sideways trajectory right now. The recent rally has slowed down considerably. Major assets show signs of a consolidation.
There have been some bullish developments in the cryptocurrency sector that could push the markets over the next week. Bitcoin maximalist and MicroStrategy founder Michael Saylor hinted at buying more BTC. Saylor’s MicroStrategy is among the biggest BTC holders in the world.
The Genius stablecoin regulating act has moved forward to the Senate. If enacted, the bill will present substantial clarity on the stablecoin frontier in the US. The crypto industry may benefit greatly from the Genius bill.
Top 3 Cryptocurrencies Projected To Rally This Week
1. Bitcoin (BTC):
BTC is the market leader. Other cryptocurrencies will likely not MOVE unless BTC does. CoinCodex anticipates BTC to rise to a new all-time high of $134,097 on May 31. BTC’s price will rally by 22.25% if it hits the $134,097 mark.
2. Binance Coin (BNB):
Binance’s BNB token is another cryptocurrency that could rally over this week. CoinCodex anticipates the cryptocurrency to trade at $726.75 on May 30. BNB will face a 7.8% rally if it hits the $726.75 target.
3. Polkadot (DOT):
DOT is another cryptocurrency that could experience a rally over this week. CoinCodex estimates the asset to trade at $5.06 on May 31. DOT’s price will face a 10.7% price spike if the asset hits $5.06.
