The US stock market cap-to-GDP ratio is up to a record 238%.

This comes as the stock market's value surged to an all-time high of $75.7 trillion, far exceeding the ~$31.8 trillion size of the US economy.

This ratio has surged +38 percentage points since the March 30th bottom in the S&P 500.

This metric is also now +90 percentage points above the 2000 Dot-Com Bubble peak of ~148%.

Since the 2008 Financial Crisis, the US stock market has grown at 5x the rate of the underlying economy.

Today's trending list highlights a market split between sharp profit-taking and explosive momentum. While Humanity (H) and Sahara faced heavy corrections, several smaller-cap assets attracted significant trader attention, with SLX surging over 170%, making it one of the strongest performers on the board. Meanwhile, Velvet, MOVE, and Zcash continued to post gains, showing that selective capital rotation remains active despite broader market uncertainty.

Another major day for institutional adoption and crypto expansion. Google and Intel are partnering to manufacture 3 million AI chips, highlighting the growing race for AI infrastructure. Binance's stock trading platform surpassed $400M in assets under management just one week after launch, while Circle minted another 500M USDC on Solana, signaling continued stablecoin demand.

On the institutional side, BitMine added another 25,000 ETH, SBI Shinsei Bank announced crypto rewards for depositors, and BlackRock continued making headlines with large Bitcoin transfers and a reported rotation from BTC into Ethereum. Meanwhile, crypto's influence on mainstream finance keeps growing, with reports showing the Trump family's crypto ventures generating $2.3B in value.

📈 AI investment accelerates.
💵 Stablecoin liquidity keeps expanding.
🏦 Institutions continue accumulating digital assets.
⚡️ Ethereum adoption and interest remain strong.