Cryptocurrency news may 31 2025
Cardano (ADA) experienced a structured and steady rally during May 2025, advancing within a strong bullish channel while maintaining critical support levels. The coin attracted renewed interest from both long-term holders and short-term speculators, driven by network updates and broader market optimism zhilei zhang boxrec.
Binance Coin (BNB) demonstrated a steady recovery trajectory through May 2025, with price action forming a gradually rising channel. The asset maintained technical resilience despite broader market fluctuations, aided by consistent buy-side interest and a controlled trend environment.
Bitcoin developers will reach a consensus on the next protocol upgrade in 2025. Since 2020, Bitcoin Core developers have debated on which opcode(s) could safely enhance transaction programmability. As of December 2024, the two most supported pending opcodes for transaction programmability include OP_CTV (BIP 119) and OP_CAT (BIP 347). Since Bitcoin’s inception, reaching consensus on soft forks has been a time-consuming and rare feat, but consensus will emerge in 2025 to include OP_CTV, OP_CSFS, and/or OP_CAT in the next soft fork upgrade, although that upgrade will not activate in 2025. -Gabe Parker
Ethereum activated its Pectra upgrade on May 7, marking a significant milestone for the blockchain. The upgrade went live on mainnet at epoch 364032 and is the first major update since Dencun in 2024. Pectra is a combined hard fork (execution layer “Prague” and consensus layer “Electra”) introducing 11 Ethereum Improvement Proposals (EIPs) that enhance user experience. These changes improve the staking process, add new smart wallet features, and increase layer-2 efficiency for better scalability. The successful deployment of Pectra underscores Ethereum’s ongoing evolution to become more user-friendly and scalable.
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Cryptocurrency news cardano
Cardano’s development is backed by three companies: IOHK, a blockchain R&D company founded by Charles Hoskinson and Jeremy Wood; the Cardano Foundation, a nonprofit dedicated to Cardano adoption and development; and Emurgo, a venture capital firm based in Japan.
Cardano is a proof-of-stake (PoS) currency, which means that blocks on the Cardano blockchain are not mined using hashing algorithms like Bitcoin. Rather, coins are earned by “staking” existing coins on the network or by running a master node.
Cardano is a blockchain-based smart contract platform that aims to compete against similar platforms such as Ethereum, Tezos, and EOS, among others, through a more modular, layered protocol that runs on a proof-of-stake consensus algorithm called Ouroboros.
Cardano’s development is backed by three companies: IOHK, a blockchain R&D company founded by Charles Hoskinson and Jeremy Wood; the Cardano Foundation, a nonprofit dedicated to Cardano adoption and development; and Emurgo, a venture capital firm based in Japan.
Cardano is a proof-of-stake (PoS) currency, which means that blocks on the Cardano blockchain are not mined using hashing algorithms like Bitcoin. Rather, coins are earned by “staking” existing coins on the network or by running a master node.
Cryptocurrency market news today
Solana’s blockchain has exploded in popularity for fast and cheap trades. Meme coins are a big part of that rise. The SOL token is trading at around $167, up 3.36%, and saw $4.74 billion in trading volume in just 24 hours.
A big headline in Crypto News today is the White House’s new move against crypto discrimination. A draft executive order is under development that can penalize banks for closing the accounts of digital coin businesses on political or financial grounds.
Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
Solana’s blockchain has exploded in popularity for fast and cheap trades. Meme coins are a big part of that rise. The SOL token is trading at around $167, up 3.36%, and saw $4.74 billion in trading volume in just 24 hours.
A big headline in Crypto News today is the White House’s new move against crypto discrimination. A draft executive order is under development that can penalize banks for closing the accounts of digital coin businesses on political or financial grounds.
Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.