Ethereum outperforms with a 20% rally as fresh capital flows in and undervaluation signals flash
Daily top performer — elizaOS (AI16Z)
The S&P 500 extended its rally with a nine-day winning streak, its longest since 2004, as optimism over potential trade deals and upcoming Fed and earnings updates lifted sentiment. Gold rose to $3,245 on trade uncertainty and Fed rate cut hopes. CoinDesk Indices, which tracks the broader crypto market, fell 1.50% in the past 24 hours, while Bitcoin and Ether dropped 0.10% and 0.51%, respectively. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.
Today's top performer is AI16Z, which surged 7.0% after Bonsai's smart media protocol integrated with Eliza to empower agent-driven social content creation.
elizaOS (AI16Z), launched in October 2024, formerly ai16z, is a Solana-based DApp that uses a DAO and an AI agent, "Marc AIndreessen," to manage community-driven investments in tech and crypto projects. Bonsai's Smart Media Protocol (SMP), built on ElizaOS, lets developers create agent-driven social media scripts and templates using ElizaOS plugins. The Bonsai Client, its first implementation, enables easy deployment of these smart media agents on platforms like Lens. Builders can explore these tools and compete for prizes in the Lens Spring Hackathon.
Check out the latest prices, charts, and data of AI16ZUSDT perp and AI16Z/USDT spot contracts!
Talk of the town
Ethereum surged 29% this week, breaking a 10-week downtrend and catching short sellers off guard with $400M liquidated. Despite muted ETF flows and neutral derivatives sentiment, ETH’s dominance remains unshaken—boasting $64B in TVL, dwarfing Solana, BNB Chain, and Tron combined. With fresh momentum from the recent pectra upgrades and Trump distancing from rival altcoins, all eyes are now on a potential push toward $2,700.
Bitcoin spot ETF flows
Date | GBTC (M USD) | Non-GBTC (M USD) | Total (M USD) |
05 May 2025 | (16.4) | 441.9 | 425.5 |
06 May 2025 | (89.9) | 4.2 | (85.7) |
07 May 2025 | 0.0 | 142.3 | 142.3 |
08 May 2025 | 0.0 | 117.4 | 117.4 |
09 May 2025 | (65.2) | 386.6 | 321.4 |
Total (weekly) | (171.5) | 1,092.4 | 920.9 |
Current Total (from inception): | (22,918) | 64,046 | 41,128 |
BTC spot ETFs saw $920.9M in net inflows this week, driven by $1.09B into non-GBTC funds despite $171.5M outflows from GBTC. Since inception, total net inflows stand at $41.1B.
Check out the latest prices, charts, and data of BTCUSDT perp and BTC/USDT spot contracts!
Airdrop to watch
Aster ecosystem rewards are now live and claimable as a small bonus for users farming the upcoming Aster (AST) airdrop. By depositing BNB to mint asBNB, users can start earning points toward both the main airdrop and future ecosystem rewards. Optional perp trading can boost points further, but simply holding asBNB is enough to qualify.