About 10 months ago, a hacker stole $53 million from Radiant Capital, converting the entire amount into 21,957 ETH. Recently, the hacker began selling off 9,631 ETH for approximately $43.94 million at an average price of $4,562 per ETH. With 12,326 ETH still held, valued at $58.6 million, the total worth has risen to $102.54 million. This results in a profit of $49.5 million, marking a 93.5% increase from the original theft. The case highlights ongoing risks in decentralized finance and crypto security.
With Binance listings often driven by hype, volume, and community support, three altcoins stand out as strong contenders for May: Housecoin (HOUSE), UXLINK, and AERO.
HOUSE is gaining traction across Solana and trending on X (formerly Twitter), while UXLINK led Binance’s last community vote despite not being selected. AERO remains the dominant DEX on Base, backed by strong ecosystem growth and rising DeFi volume. All three show strong fundamentals, growing visibility, and momentum that could align with a potential Binance listing this month.
The token is also trending on X (formerly Twitter), which could boost its chances of getting listed on major exchanges. HOUSE is down nearly 9% in the past 24 hours, but rising social engagement may help sustain interest.
Historically, exchanges list meme coins that capture attention and volume quickly. From DOGE to BONK, visibility often drives early listings. In under three months, Housecoin has climbed to become the 72nd largest token in Solana.
HOUSE could follow the same path as other breakout meme coins if the momentum continues. It’s already tapping into the massive real estate narrative, one of the most popular asset classes globally.
UXLINK
UXLINK is a Web3 social platform and infrastructure project that claims to have over 54 million users. It’s positioned as one of the most active tokens in the Arbitrum ecosystem.
In recent months, UXLINK has consistently trended within the Arbitrum space. It received the most votes in Binance’s latest community listing batch, though it wasn’t selected in the final round.
Since peaking in mid-March, the token has been down around 30%, struggling to regain strong upward momentum. Still, it’s up 3.7% in the last 24 hours, with volume surging 200% to $75.8 million—a sign of renewed interest.
Despite being passed over in the last round, its top vote count suggests strong community backing. That support could boost its chances of being in a future Binance listing, especially if volume and engagement stay high.
Aerodrome Finance (AERO)
AERO remains the leading DEX on the Base blockchain, holding its position even as apps like ZORA gain popularity. It continues to play a central role in Base’s DeFi activity and user growth.
With Content Coins still trying to build traction and Base’s weekly DEX volume up 22% to over $5 billion, AERO is well-positioned to benefit from the ecosystem’s expansion. As Base grows, AERO is likely to strengthen its dominance.
AERO has been up nearly 60% over the past 30 days, although it has dipped by 4.5% in the last 24 hours. It currently ranks as the 4th largest coin by market cap among those listed in Binance Alpha.
If momentum holds through May, AERO could push back toward the $1 mark, representing a potential 44% upside from current levels.
Pi Network (PI) has recently faced a challenging period in its price action. After dipping below the $1 mark, the altcoin’s recovery appears to be losing momentum.
Unlike previous rebounds, current market conditions suggest that Pi Network might find it more difficult to regain the $1.00 price level.
Pi Network Is Losing Traction
The Average Directional Index (ADX) currently sits at 32, which is notably above the 25 threshold. This reading indicates that the prevailing trend is gaining strength. In this case, Pi Network’s trend is downward, reinforcing bearish sentiment among traders and investors.
Further evidence of this strengthening downtrend is visible through the Parabolic SAR indicator. The dots are positioned above the candlesticks, a classic signal that the price is likely to continue falling. Such technical indicators often prompt cautious trading behavior and can increase selling pressure.
Pi Network Parabolic SAR and ADX. Source: TradingView
Pi Network’s price has shown a weakening correlation with Bitcoin, currently measured at 0.25 and steadily declining. This low and falling correlation suggests that PI is starting to behave more independently rather than mirroring Bitcoin’s movements.
This decoupling is significant because Bitcoin recently set a new all-time high (ATH) and may continue to rise. However, Pi Network is less likely to capitalize on Bitcoin’s bullish momentum, given its diverging price dynamics.
The falling correlation implies that PI could struggle to follow Bitcoin’s upward trajectory.
Pi Network Correlation With Bitcoin. Source: TradingView
PI Price Aims For A Rally
At its current price of $0.77, Pi Network would need to rise approximately 28% to reach the $1.00 mark again. Given the indicators pointing to a strengthening downtrend and weakening correlation with Bitcoin, this price target seems ambitious in the near term.
Heightened bearishness may erode investor confidence, leading to increased selling. Should the price break below the critical support level of $0.71, Pi could face a further decline, potentially sliding down to $0.61. Such a drop would deepen the bearish outlook.
On the other hand, if broader market conditions improve, Pi Network might break through resistance levels at $0.78 and $0.87. Surpassing these points could invalidate the current bearish thesis and pave the way for a renewed push toward the $1.00 price target.
Michael Saylor, the Executive Chairman of Strategy Inc., made a strong statement about the future of the BlackRock iShares Bitcoin ETF (IBIT) at an investor event in New York City. Speaking at the Bitcoin conference hosted by Bitwise, he predicted that IBIT would become the biggest exchange-traded fund in the world over the next decade.
Michael Saylor on BlackRock Bitcoin ETF
In a recent post on X, American Journalist Eleanor Terrett reported that Michael Saylor confidently stated IBIT would become the world’s largest ETF within the next ten years. His prediction was considered valid, considering his firm has a deep involvement in the Bitcoin market.
Strategy currently owns 538,200 Bitcoin units. Between April 14 and April 20, the company purchased 6,556 BTC at an average price of $84,785, spending around $555.80 million. This brings the total value of Strategy’s Bitcoin holdings to $36.47 billion, bought at an average price of $67,766 per unit.
It is essential to say that Saylor’s recent comments about BlackRock’s IBIT are not just empty talk. If anything, his firm has consistently increased its Bitcoin holdings, showing he believes in the digital currency for the long term.
His support for IBIT shows that same belief, especially as more institutions continue to enter the Bitcoin ETF space.
BlackRock Bitcoin ETF IBIT: Current Milestones
It is worth noting that BlackRock’s iShares Bitcoin Trust has already seen dramatic growth since its approval last year. In an earlier update, CoinGape reported that by December 2024, it had surpassed $50 billion in assets under management and had grown further to $52.33 billion by January 2025 when Bitcoin ETFs turned 1.
This growth made IBIT the largest Bitcoin ETF, ahead of Invesco QQQ Trust Series and Fidelity’s Wise Origin Bitcoin Fund, which hold $18.3 billion and $19.681 billion, respectively.
In the broader market, spot Bitcoin ETFs now manage over 1 million units valued at over $95 billion. IBIT controls nearly 48.7% of the U.S. spot Bitcoin ETF market.
The speed of this growth is striking. While gold ETFs took two decades to reach $128 billion, Bitcoin ETFs have crossed $95 billion in just one year.
Bitcoin Growth and Market Outlook
CoinMarketCap data shows that Bitcoin traded at $92,889.25, down 0.97% in the past 24 hours. The largest cryptocurrency recently outpaced Silver and Amazon, becoming the sixth most valuable asset globally.
Based on market perception, this rising demand is driven by concerns around inflation and broader global uncertainty. Investors are now looking to Bitcoin as a hedge and long-term value store.
Bitcoin is approaching $95,000, a key psychological level. An earlier BTC price analysis hints that the coin is on track for $98,000. However, macro volatility or high inflation may prompt profit-taking. Support is at $91,000 and $88,500. Some analysts believe BTC could retest the $100,000 breakout level if conditions align.