According to Lennix Lai, OKX Chief Commercial Officer, institutional buying is making $3,000 ETH increasingly likely, with ETH outperforming BTC and accounting for 45.2% of perpetual futures volume. Glassnode analysts report long-term holders are accumulating BTC despite volatility, with over $930 million in daily profits realized. CryptoQuant data shows the stablecoin market hit a record $228 billion, with Tron leading inflows of over $6 billion in May. Scott Duke Kominers from a16z Crypto argues crypto rails are essential for AI agent interoperability. DappRadar indicates Web3 gaming is declining due to lack of engaging gameplay, with venture funding plummeting to $9 million. Market movements include BTC down 2% after failing to hold $110K and ETH up 5% to $2,800.

According to Lennix Lai, institutional demand makes $3,000 ETH increasingly likely, with ETH derivatives volume at 45.2% outperforming BTC's 38.1% on OKX. Glassnode analysts report BTC accumulation persists despite volatility, as long-term holders realized $930 million daily profits without triggering sell-offs. CryptoQuant notes stablecoin reserves hit a record $228 billion, with Tron attracting $6 billion in net inflows per Presto Research, while Scott Duke Kominers argues crypto rails are essential for AI agent interoperability to boost blockchain adoption.