In recent weeks, the cryptocurrency market shows signs of recovery, with increased investor interest in Bitcoin and new initiatives in Ethereum.
Market Recovery and Bitcoin Growth
The cryptocurrency market continued its recovery last week, with total capitalization surpassing $3 trillion. Bitcoin reached a two-month high of $97,300. Growing risk appetite among investors and reports of possible tariff reductions from the Trump administration added to the optimism.
Ethereum's New Standards for Crosschain Transactions
Ethereum developers proposed two new token standards — ERC-7930 and ERC-7828, aimed at improving interoperability between different blockchains. These standards will help enhance user experience and ensure consistency in data interpretation across various applications.
Cyber Attacks in DeFi and Crypto Lobby's Perspective
Hackers stole over $90 million in April, indicating growing threats in the DeFi sector. The DeFi Education Fund petitioned the Trump administration to end the prosecution of software developers, arguing that current legal practices hinder innovation.
Trends in the cryptocurrency market in May 2025 indicate a renewed interest in recovery and innovation, but serious security threats remain. The need to protect developers working on new DeFi solutions is also becoming a topic of high-level discussions.
