📊 **Weekly Market Highlights - May 31, 2024**
**Cryptocurrency Prices:**
- **$ETH **: $3,735.3 (+0.30%)
- **$SOL **: $166.47 (+0.82%)
- **$ENS **: $24.96 (-0.36%)
**Macro/TradFi:**
- BlackRock has included the iShares Bitcoin Trust in its income and bond funds.
- Argentina and El Salvador are discussing potential cooperation agreements on Bitcoin adoption.
- Semler Scientific has adopted Bitcoin as its primary treasury reserve asset.
**Crypto News:**
- **Ethereum (L1/L2)**:
- Ethereum core developers are targeting Q1 2025 for the Pectra Upgrade, including EIP-7251 allowing individual validators to stake up to 2,048 ETH.
- Ethereum L2 Taiko has launched on the mainnet.
- **TON Blockchain**: Total value locked (TVL) exceeds US$328M, nearly doubling since April, driven by The Open League.
- **Solana**: The community has voted to give network validators 100% of priority fees, a change from the previous 50% split with token burning.
**DeFi:**
- Aave plans to launch its own blockchain, Aave Network, after the V4 upgrade.
**Stablecoins:**
- PayPal’s USD stablecoin (PYUSD) is now available on Solana, aiming to improve speed and cost efficiency.
**NFT:**
- Cristiano Ronaldo has launched his 4th NFT collection on Binance on May 29.
**Others:**
- ENS Labs proposed a v2 upgrade to migrate Ethereum Name Service to a Layer 2 network.
- The merger of AI protocols Fetch.ai, SingularityNET, and Ocean Protocol tokens will be completed on June 13.
- Gemini Earn users received US$2.18B in digital assets.
- Mastercard introduced “Crypto Credential” for sending and receiving crypto with usernames.
- AO, a new hyperparallel computer on Arweave, will launch its native token on June 13.
Stay updated with the latest developments in the crypto world! 🚀💼
