According to Phantom (@phantom) on Twitter, the top three trending tokens on their platform in the last 24 hours are highlighted as a key indicator for active traders seeking short-term opportunities. This data-driven insight provides real-time market sentiment and liquidity trends, which can be leveraged for intraday trading and scalping strategies. Monitoring these trending tokens on Phantom allows traders to identify potential breakout assets and capitalize on momentum trading, as noted directly by the official Phantom source. These trends also reflect broader shifts in the Solana ecosystem and can impact correlated DeFi tokens and NFT-related assets (source: Phantom Twitter, June 1, 2025).

According to Santiment, the top 10 DeFi crypto projects by development activity in May 2025 show Chainlink ($LINK) holding the number one position, with DeepBook ($DEEP) moving up and DeFiChain ($DFI) dropping one spot. Other notable movers include Synthetix ($SNX) and Lido Finance ($LDO), both showing upward momentum. High development activity is a trading signal for increased investor confidence and potential price appreciation, as active projects tend to attract more liquidity and user engagement. Traders may focus on $LINK and $DEEP for short-term momentum strategies, while monitoring $DFI for signs of reversal or further decline. These trends, sourced from Santiment's ranking data, highlight the importance of tracking project development as a leading indicator for DeFi token performance. Source: Santiment (@santimentfeed, May 13, 2025)