PANews May leaderboard is out: Bitcoin ecosystem and ETH ETF are the focus.

PANews released the top 5 column authors' influence ranking and the top 10 column articles' popularity ranking for May 2024. This list is based on a comprehensive assessment of indicators such as the frequency of authors' publications, quality, and readership.

In the columnist influence ranking, Riyue Xiaochu ranks first. He is an opinion leader specializing in in-depth research and on-chain data analysis, having published multiple articles in May on topics such as the Bitcoin ecosystem, Notcoin, and Ethereum ETFs. Ranking second is Crypto Market Observer, created by Wang Jun, a founding partner of inpower, which mainly focuses on macro crypto trends. The third place is HashKey Group, a leading digital asset financial services group in Asia. Fourth is Mankun Blockchain, which focuses on interpreting blockchain hot issues from a legal perspective. Fifth is Arthur Hayes, a well-known figure in the crypto circle, renowned for his macro thinking and sharp writing style.

In the popularity rankings of column articles, Sun Moon Xiao Chu's "BTC Ecological Seed Player Zulu: Based on UTXO, First to Create Double Layer Structure" ranks first. The article analyzes the unique advantages of the Zulu project in the UTXO and EVM ecosystems. Other popular articles cover various topics, including ZKM's Entangled Rollup Network, Sky Strife game economic model, Web3 economic principles, historical events in the crypto market, Bitcoin price predictions, legal issues in virtual currency trading, analysis of the Initia platform, and potential impacts of Ethereum ETFs.

The cryptocurrency market as a whole showed signs of stabilization and recovery in May. There has been a significant shift in U.S. regulation, with the SEC approving a spot Ethereum ETF. Additionally, the 2024 U.S. presidential election is also impacting cryptocurrencies, with Trump expressing support for cryptocurrency donations, while Biden's team recruits meme managers. Funds continue to flow into U.S. Bitcoin spot ETFs, with total scale exceeding $50 billion. The market remains hopeful for a rate cut by the Federal Reserve, potentially ushering in a new bull market.

In terms of specific projects, Notcoin has sparked a wave of enthusiasm with its strong user base and support from the TON platform, with trading volumes only second to Bitcoin and Ethereum. The Runes track has also performed excellently, with the new Runes token dominating the Bitcoin network ecosystem, surpassing a total market capitalization of 1 billion USD.

PANews encourages authors who have deep insights into the market, industry, and the cryptocurrency sector to actively submit their articles. High-quality content will receive various forms of exposure opportunities such as homepage recommendations, top placements, and APP promotions. The June rankings will be announced in early July 2024, and we look forward to seeing more new faces joining.