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πŸ‡ΊπŸ‡ΈπŸ‘€ #BTC Texas House to debate SB 21 tomorrow, advancing the creation of a state-run Bitcoin Reserve.
πŸ“‰πŸ€” Santiment: #ETH has under 4.9% of its supply on exchanges for the first time in its 10+ year history. And #BTC's supply on exchanges is down to just 7.1% for the first time since November, 2018.
πŸ“ŠπŸ‘€ #BTC is not used for anything other than as monetary goods.
πŸ§‘β€πŸ’» Top #ETH-based coins by development activity since last month
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πŸ‡ΊπŸ‡ΈπŸ—£ Senator Bill Hagerty: #stablecoin issuers will be the largest holders of US treasuries in the world.
πŸ“Š #BTC #ETH #ETF Yesterday, total net inflows of spot BTC-ETFs totaled $667.4 million.

Total net inflows of spot ETH-ETFs amounted to $13.7 mln.
πŸ“Š Santiment: for the first time in its 10+ year history, #ETH has less than 4.9% of its supply on exchanges. And #BTC supply on exchanges has fallen to 7.1% for the first time since November 2018.
πŸ‡ΈπŸ‡»πŸ“‰ The world's press seemed to be becoming less interested as El Salvador's #BTC vaults gained value.
πŸ†• #TGT has been added to Binance Alpha projects.
πŸ“ŠπŸ‘€ #BTC CQ: Long-Term Holders (18m-3y) sold 2M+ BTC since Nov 2023, cashing out $138B. Another 500K BTC may hit the market by year-end, potentially impacting prices. Corporate sector likely to absorb this supply, as Bitcoin demand grows.
πŸ€‘πŸ˜± Fear&Greed Index from #BTC and #ETH
πŸ†• #SAROS is listed on Bybit futures
πŸ†• #MERL added to Binance's Alpha projects
πŸ“ŠπŸ“ˆ #CAKE #BNB Dapp volume on BNB Chain jumped 81% in the past week, hitting $20.47 billion. PancakeSwap V3 saw the biggest growth, up 152% to $15.8 billion.
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πŸ•΅οΈ #ETH London-based Abraxas Capital bought another 46,295 ETH ($115.3M), scooping up a total of 350,703 ETH ($837M) since May 7. The firm currently sits on an unrealized profit of $50M.
πŸ” Top Privacy Blockchain Coins by Fully Diluted Valuation #BDX #ALEO #ROSE
πŸ“ŠπŸ‘€ #ETH #ARB #OP TVL on Ethereum L2 Base is rebounding sharply and is nearing its previous highs.

And while Arbitrum shows some recovery, Optimism remains weak, with TVL still hovering around its April lows.
πŸ“‰ The number of daily active Farcaster addresses has dropped 60% in the last 6 months
πŸ“Š #ETH’s Pectra upgrade hasn’t translated into a spike in network engagement just yet. Since the upgrade, the average new and resurrected addresses are down in comparison to YTD values (–1.8% and –8.4% respectively) - but churn is notably lower as well (–8.5%).