According to @nansen_ai, their recent market summary provides concrete insights into current DeFi activity and on-chain trading patterns, including increased stablecoin flows and heightened DEX volume as of May 2025 (source: @nansen_ai via @tradeparadex). The report highlights strong user growth on decentralized exchanges and notes a significant uptick in institutional activity, both of which are impacting liquidity and volatility in major cryptocurrencies. Traders are advised to monitor these on-chain metrics closely, as they signal potential short-term price movements and opportunities for arbitrage in the rapidly evolving crypto landscape.