| Bitcoin (BTC) | +24.2% | US spot BTC ETFs saw US$3 billion in net inflows in April after two consecutive months of net outflows. Trump temporarily reduced tariff rates on most US trading partners and is expected to commence trade talks with China. |
| Ether (ETH) | +18.3% | US spot ETH ETFs recorded $66 million in net inflows in April. Ethereum’s Pectra mainnet upgrade went live on 7 May. Vitalik Buterin proposed to replace the current EVM smart contract language with RISC-V to improve the efficiency of the Ethereum execution layer. |
| Cronos (CRO) | +9.1% | 21Shares launched a CRO ETP in Europe. The instrument is listed on Euronext’s Paris and Amsterdam exchanges, allowing investors to gain regulated exposure to the Cronos ecosystem. |
| Solana (SOL) | +39.3% | Solana Foundation updated policies for its Delegation Programme (SFDP). For every validator added to the SFDB, three validators will be removed if they received foundation delegation for at least 18 months and have less than 1,000 SOL in external staking. This aims to shift support to validators who acquire an external stake. |
| Synthetix USD (sUSD) | -5.86% | Synthetix protocol’s sUSD stablecoin depegged from the US dollar, falling to a new low of $0.66. This came after a month of instability following the implementation of the SIP-420 upgrade, which restructured debt handling and weakened key incentives. |
| Jupiter (JUP) | +29.7% | Jupiter announced that Ultra v2 went live as the default swap engine, with features including real-time slippage estimation, exponential moving average calculations for price volatility, dynamic execution. and gasless support for trading. |
