Hyperliquid's HYPE has gained 55% over the past week and is up more than 130% year-to-date in 2026, while trading near $56 after briefly pushing above $62. A technical read shared by Ali Martinez says multiple sell signals are clustering as price nears the $59–$60 area, which he argues could precede a pullback toward about $40 if momentum stalls.

XRP saw a notable burst in address creation, with 4,300 new wallets added over 24 hours, ranking as 2026's fourth-largest spike. Santiment said network growth can be a leading signal for potential reversals and paired the surge with metrics that it argues place XRP in a comparatively lower-risk zone. In a livestream, Brian Quinlivan highlighted negative MVRV readings and softer crowd sentiment as part of the same setup.

A wallet associated with Trump Media & Technology Group transferred 2,650 BTC to Crypto.com on May 22, a move valued at about $204.93 million. The address reportedly still holds 6,889 BTC worth roughly $532.78 million, while the company has not explained whether the deposit reflects a sale, custody shift, or liquidity arrangement.

On May 22, 2026, on-chain investigator ZachXBT said a Polymarket admin address on Polygon appeared to be compromised, initially estimating losses at about $520,000. Later updates suggested the stolen amount may have surpassed $600,000, with the attacker splitting funds across 15 addresses. Polymarket’s Shantikiran Chanal said the team is investigating while claiming user funds and market resolutions remain safe.

Bitcoin’s open interest on Binance expanded by about 40% over the past 82 days, rising from $6.4 billion in early March to roughly $8.9 billion by May 22. The move pushed OI above its 180-day moving average, while funding rates turned positive, as BTC traded near $77,145 at press time. Finbold AI Agent projected BTC could fall 2.34% to $75,343 on May 29, even as a rebound above $80,000 was framed as possible if leverage-driven long demand persists.

Analysts said a wave of blockbuster IPOs could coincide with a market top, drawing comparisons to the late-1990s dot-com era. SpaceX confirmed an IPO plan in a regulatory filing on Thursday and is expected to list on June 12, targeting a $1.75 trillion valuation on the Nasdaq. OpenAI and Anthropic have also signaled plans to go public, even as all three companies have yet to produce an annual profit.

Polymarket is navigating a high-stakes week marked by global expansion pushes into Japan and regulatory bans in India, alongside a recent $520,000 smart contract exploit that left main user positions secure. Despite subdued Polygon (POL) token performance, the prediction giant continues to dominate 2026 trading volumes ahead of rumored token airdrops and an IPO.

South Korea's National Assembly finance committee is reviewing a petition with more than 52,000 signatures calling for the full repeal of the planned 22% cryptocurrency gains tax. The levy, set at 20% national income tax plus a 2% local charge, would apply to annual gains above about $1,665 and is currently scheduled to start on January 1, 2027 after three delays.