CoinEx Research Reveals Significant Insights for May 2025
CoinEx Research has unveiled intriguing findings for May 2025, highlighting Bitcoin’s remarkable surge to a historic $112,000, largely fueled by institutional demand and substantial inflows into exchange-traded funds (ETFs). However, indications of market volatility and a decline in stablecoin transactions suggest that investors should exercise caution moving forward. The Ethereum network has seen improvements with the Pectra update, enhancing both scalability and user experience, while advancements in the AI agent sector, particularly through Model Context Protocols (MCP), are paving the way for smarter on-chain applications. Moreover, Solana’s Believe Launchpad experienced rapid growth before stabilizing. Despite Bitcoin’s prevailing strength, mixed market signals hint at a more equilibrium outlook for the upcoming month.
Bitcoin Hits $112K Amidst Institutional Interest
In May 2025, Bitcoin achieved an unprecedented milestone, reaching $112,000, propelled by a surge in institutional investment and renewed corporate engagement. The month commenced with Bitcoin valued at $94,000, soaring to its peak on May 22 before retreating to $104,500 due to profit-taking strategies by investors. The Trump Media & Technology Group significantly influenced this rally, revealing plans to raise $2.5 billion to establish a major public company focused on Bitcoin treasury management. Concurrently, Bitcoin ETFs saw a remarkable $5.2 billion in net inflows during the month, contributing to a cumulative total of $44.3 billion.
Bitcoin Dominance Climbs to 65%
Despite Bitcoin’s impressive rise, altcoins have struggled to gain momentum, resulting in Bitcoin’s dominance increasing to 65%. This trend underscores a significant concentration of capital within Bitcoin, with limited investment flowing into alternative cryptocurrencies. Technical analysis suggests that this dominance will likely persist, showing no immediate signs of reversal. Current market dynamics favor Bitcoin, overshadowing many smaller tokens and postponing the anticipated altcoin season.
Ethereum’s Pectra Upgrade Enhances Network Functionality
On May 7, Ethereum initiated the Pectra upgrade at epoch 364032, implementing substantial enhancements at both execution and consensus layers. This upgrade merged the Prague and Electra protocols, significantly boosting the network’s scalability, security, efficiency, and overall user experience.
The Rise of AI Agents in Cryptocurrency
While the cryptocurrency market appears to be entering a calmer phase in 2025, the sector of AI agents is experiencing notable growth. A recent report from CoinEx titled “The Second Half of AI Agents: The Force Awakens” explores the latest advancements in this field. Innovations like model context protocols are enabling more sophisticated blockchain applications by allowing large language models to access and process data within the network. Pioneering projects such as ElizaOS and Virtuals Protocol are leading the charge in developing intelligent infrastructure tailored for blockchain applications. This report delves deeper into these trailblazers and their potential impact on the future of AI in blockchain.
Believe Ecosystem: From Explosive Growth to Stabilization
The Believe platform on Solana drew significant attention on May 13, launching explosively with over 500 tokens traded daily and achieving a trading volume of $700 million. This innovative model is currently undergoing evaluations and refinements to enhance its performance.
Declining Stablecoin Inflows Signal Caution
Despite Bitcoin’s recent achievements, a concerning trend has emerged as stablecoin inflows have decreased for the second consecutive month. This contrasts sharply with the previous bull market in November, where stablecoin investments surged alongside rising prices.
June Outlook: Key Factors to Watch
As June approaches, investors are advised to closely observe Bitcoin’s performance during its retest, the developments following Ethereum’s upgrade, and the evolving regulatory landscape for cryptocurrencies in the U.S., particularly regarding stablecoins. Additionally, the advancement of AI protocols and the performance of altcoins will be critical in determining whether the momentum from May continues or represents a peak.
About CoinEx
Established in 2017, CoinEx is a global cryptocurrency exchange tailored for user satisfaction. Launched by the renowned mining pool ViaBTC, CoinEx was among the first exchanges to issue proof-of-reserves, ensuring the security of user assets. The platform offers support for over 1,300 cryptocurrencies and caters to more than 10 million users across 200 countries and regions. CoinEx also features its native token, CET, which incentivizes user engagement while expanding the platform’s ecosystem.
This article is not intended as investment advice. Readers are solely responsible for any actions taken based on the information provided here. Investing in high-risk assets involves inherent risks.
