According to Milk Road (@MilkRoadDaily), Tether’s USDT supply has exceeded $150 billion as of May 13, 2025, marking a significant milestone for stablecoins in the cryptocurrency market. This surge in USDT issuance highlights robust demand for stablecoin liquidity on exchanges, which often correlates with increased trading volumes and potential price volatility in Bitcoin, Ethereum, and altcoins. Traders should monitor stablecoin inflows, as a higher circulating supply of USDT typically signals greater capital readiness for crypto trading and can precede market rallies or heightened volatility (source: @MilkRoadDaily).

According to Santiment (@santimentfeed), the founder of Santiment, @balance_ra, is participating as a mentor at the EthDam hackathon in Amsterdam from May 9th to 11th, 2025. This event focuses on Ethereum and DeFi innovation, attracting key developers and influencers. Traders should monitor emerging tools and projects unveiled at EthDam, as successful hackathon projects often impact Ethereum ecosystem tokens and DeFi assets' volatility and volume. Past hackathons have led to notable protocol launches, increasing short-term trading opportunities and long-tail keyword searches for Ethereum-based innovations (source: Santiment Twitter, May 8, 2025).