Odaily News Binance Research released a market analysis for May, which pointed out that: 1. The monthly performance of the top ten tokens is consistent with the strong market performance. By market value, the top ten tokens have all shown an upward trend this month. Solana performed the best, soaring 33.9%, while ETH and TON followed closely, with increases of 26.8% and 24.2% respectively; 2. Grayscale Ethereum Trust ("ETHE") discount narrowed ETHE's discount rate has narrowed to 1.4%, the lowest level in nearly three years; 3. Solana's continued activity coupled with the sluggish Ethereum activity has caused Solana's average daily fee to approach the level of Ethereum; 4. The rise of tokenized treasuries, tokenized U.S. Treasuries hit a new high in May, with an on-chain value of approximately $1.5 billion. Driven by BlackRock's U.S. Dollar Institutional Digital Liquidity Fund (BUIDL), the market has grown 80% so far this year, which is currently the largest fund in the field. 5. The prediction market has surged. As the U.S. presidential election approaches, the TVL of the prediction market has increased by 68.6% since January. Net deposits exceeded $60 million for the first time in May, with Polymarket leading the market with a 40.7% market share.