Binance Research: SOL performed outstandingly in May with an increase of 33.9%, followed closely by ETH and TON. According to 0x News, Binance Research released a market analysis for May, which stated: 1. The monthly performance of the top ten tokens is consistent with strong market performance. , calculated by market capitalization, the top ten tokens all showed an upward trend this month, with Solana performing the most prominently, soaring 33.9%, followed closely by ETH and TON, with increases of 26.8% and 24.2% respectively; 2. Grayscale Ethereum Trust ( "ETHE") discount has narrowed. ETHE's discount rate has narrowed to 1.4%, the lowest level in the past three years; 3. Solana's continued activity coupled with the sluggish activity of Ethereum has caused Solana's average daily fee to be close to Ethereum's level; 4. The rise of tokenized treasury bonds. In May, tokenized U.S. treasury bonds hit a new high, with an on-chain value of approximately US$1.5 billion. The market has grown 80% year to date, driven by the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), which is now the largest fund in the space. 5. The prediction market has surged. As the U.S. presidential election approaches, the TVL of the prediction market has increased by 68.6% since January. Net deposits exceeded $60 million for the first time in May, with Polymarket leading the way with a 40.7% market share. https://x.com/BinanceResearch/status/1800108178413322480