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<v Speaker 1>Hey, it's Alex with the Token Metrics daily polls for

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<v Speaker 1>May tenth, twenty twenty six. NFTs are making noise again.

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<v Speaker 1>Solana had a big week and a major crypto bill

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<v Speaker 1>is finally moving to the Senate. Let's get into it,

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<v Speaker 1>but first, a quick word from our sponsor. Okay, So

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<v Speaker 1>here's what's happening. Bard apes are back. I know how

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<v Speaker 1>that sounds, but hear me out. NFT floor prices are

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<v Speaker 1>moving up for the first time since late twenty twenty four.

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<v Speaker 1>Weekly volume just saw its first real jump in over

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<v Speaker 1>a year. People wrote the obituary, they held the funeral,

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<v Speaker 1>but now the apes are walking again. This matters for

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<v Speaker 1>more than just digital art. NFT prices usually lead the market.

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<v Speaker 1>They show when traders feel bold. When people buy JPEGs,

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<v Speaker 1>they aren't being rational, they are being confident. That confidence

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<v Speaker 1>is a huge signal fear and greed jumped nine points

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<v Speaker 1>in one day. Suey is up six percent. Alt coins

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<v Speaker 1>are waking up up while Bitcoin stays flat near eighty

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<v Speaker 1>one thousand. The move is starting at the edges. That

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<v Speaker 1>is exactly how new risk cycles begin. The broader market

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<v Speaker 1>is quiet. Bitcoin is just under eighty one thousand. Ethereum

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<v Speaker 1>is at twenty three hundred and Solana is near ninety three.

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<v Speaker 1>Both are flat today. Total market cap is holding a

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<v Speaker 1>two point eight trillion Bitcoin dominance is at fifty eight percent.

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<v Speaker 1>If alts keep moving, that dominance should drop. D five

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<v Speaker 1>value is up slightly at one hundred and sixty five billion.

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<v Speaker 1>Stable coin supply is flat at three hundred twenty billion.

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<v Speaker 1>This means plenty of cash is still waiting on the sidelines.

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<v Speaker 1>The Fear and Greed Index hit forty seven today. That

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<v Speaker 1>is neutral territory, up from fear yesterday. Price didn't move much,

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<v Speaker 1>but sentiment did. Either confidence is building early or traders

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<v Speaker 1>are getting ahead of themselves. We will find out soon

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<v Speaker 1>what is driving this mood shift. A few things are

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<v Speaker 1>coming together. The biggest story is the return of risk appetite.

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<v Speaker 1>Board apes are leading the charge. It shows traders are

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<v Speaker 1>ready to speculate again. At the same time, the Clarity

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<v Speaker 1>Act finally has a Senate mark update. This market structure

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<v Speaker 1>bill has been stuck for years. It is moving. We

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<v Speaker 1>also see a shift in Layer two S. Total value

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<v Speaker 1>Locked is up three percent this week, but the winners

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<v Speaker 1>are changing. Plume network is up nearly twenty nine percent.

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<v Speaker 1>Stark Net is up twenty percent, meanwhile Mega f drop

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<v Speaker 1>thirty four percent. Money is moving fast. It is flowing

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<v Speaker 1>toward chains with real use cases, not just hype. Solana

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<v Speaker 1>is the clear leader among major tokens this week. It

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<v Speaker 1>is up over ten percent, trading around ninety three dollars.

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<v Speaker 1>Our Charts labeled the set up as very bullish. The

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<v Speaker 1>structure looks like it wants to go higher, but there

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<v Speaker 1>is a catch. The trade is getting crowded. Upside moves

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<v Speaker 1>might come in short bursts rather than one long run.

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<v Speaker 1>The trend is still your friend here. Just decide if

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<v Speaker 1>you want to chase this price or wait for a

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<v Speaker 1>better entry. It is not a buy signal, just the

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<v Speaker 1>current map of the market. Let's look at the stories

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<v Speaker 1>behind the numbers. First, the Clarity Act. The Senate Banking

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<v Speaker 1>Committee set a date to review it. This is a

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<v Speaker 1>big deal. The bill has been a talking point for

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<v Speaker 1>three years. With the July fourth deadline from the White House,

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<v Speaker 1>this is now a sprint. Watch the banking groups, though

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<v Speaker 1>they are fighting it hard. Next, Layer zero admitted a

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<v Speaker 1>flaw in the Kelp Dow exploit. Layer zero is the

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<v Speaker 1>plumbing that connects chains when the plumbing leaks. Everything built

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<v Speaker 1>on it is at risk. This is damage control. Watch

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<v Speaker 1>if other protocols move away from layer zero. If they do,

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<v Speaker 1>it becomes a bigger problem. Also, Trump Media lost four

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<v Speaker 1>hundred million last quarter, mostly from Bitcoin and cro price

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<v Speaker 1>drops Terrewolf, a minor now makes more money from AI

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<v Speaker 1>than mining. That's shows you where the industry is headed. Finally,

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<v Speaker 1>a UK sprinter is facing crypto fraud charges. I guess

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<v Speaker 1>you can outrun the regulators, all right, before we get

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<v Speaker 1>into the risks, quick word from our sponsor. Okay, we're back.

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<v Speaker 1>Let's talk about what to watch for. Fear and greed jumped,

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<v Speaker 1>but bitcoin stayed still. That gap is a warning sign.

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<v Speaker 1>When mood outruns price, the next dip hits harder. This

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<v Speaker 1>happens because people are already using leverage. Look at layer

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<v Speaker 1>two s as well. The total numbers look healthy, but

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<v Speaker 1>Mega f is down thirty four percent. Capital is fleeing

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<v Speaker 1>some chains to join others. When liquidity moves this fast,

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<v Speaker 1>the losers get stuck in a bad loop. They lose

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<v Speaker 1>users and fees quickly. Also, keep an eye on layer zero.

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<v Speaker 1>One design flaw makes every connected protocol nervous. If a

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<v Speaker 1>major DeFi app pauses its service this week. The market

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<v Speaker 1>will react fast. Two things to watch this week. First

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<v Speaker 1>is the Clarity Act markup. This meeting will decide the

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<v Speaker 1>rules for crypto in the US. Second, the White House

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<v Speaker 1>is expected to give an update on a US Bitcoin

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<v Speaker 1>Strategic reserve. This could happen in the next few weeks.

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<v Speaker 1>Any news about the government holding bitcoin is a massive catalyst.

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<v Speaker 1>It would send a huge signal to other countries and

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<v Speaker 1>big buyers around the world. That's the pulse for May tenth.

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<v Speaker 1>If you want to catch crypto trades before the crowd,

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<v Speaker 1>start a seven day free trial of token metrics Signal.

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<v Speaker 1>Just go to tokenmetrics dot com. You get alerts with

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<v Speaker 1>the setup, risk and what would change the trade. This

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<v Speaker 1>is educational content, non investment advice. Always do your own research.

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<v Speaker 1>I'm Alex, See you next time.