Bitcoin holds steady around $109,000 ahead of this week's US inflation data and Nvidia earnings reports, but institutional players are rushing to buy.

Michael Saylor's Strategy accumulated $427 million worth of Bitcoin between May 19 and May 25 at an average price of $106,237.

Bitcoin is holding steady around the $109,000 mark ahead of this week’s US inflation data and Nvidia earnings reports, but institutional players are showing no signs of slowing down their buying activity.

According to blockchain analytics firm Glass Node, Strategy accumulated $427 million worth of Bitcoin between May 19 and May 25 at an average price of $106,237.

However, Bitcoin ETF flows drastically outpaced Strategy's buying spree, with a cumulative $2.75 billion in inflows observed during the same period.

A staggering $2.42 billion entered through the IBIT ETF, which was issued by the world's largest asset manager, BlackRock.

Top financial players are racing to buy Bitcoin, and that sends a clear message: despite investors holding their breath for this week's economic data, the market outlook is highly promising.

With that in mind, here are the best crypto to buy now:

BTC Bull Token is a Bitcoin-themed meme coin on the Ethereum blockchain. But it isn't just here to make people laugh; it's here to make them money.

In an industry-first, BTC Bull Token will pay holders real Bitcoin simply for holding $BTCBULL.

Strategy and BlackRock are investing billions of dollars in buying Bitcoin, while BTC Bull Token gives it to meme coin fans for free.

BTC Bull Token will track Bitcoin's price and run airdrops at key milestones. The first will be at $150K andthe second at $200K, and then there will also be a $BTCBULL airdrop when Bitcoin hits $250K.

The project also has a staking mechanism, which provides a 64% APY.

It's currently undergoing a presale and has raised $6.4 million so far, indicating huge investor confidence.

With a Bitcoin-themed meme coin allure, BTC Bull Token can potentially attract avid Bitcoin fans and traditional meme coin investors alike. However, its crypto rewards separate it from other meme coins, and that could draw more attention and cause the $BTCBULL price to soar, especially considering the rising Bitcoin interest globally.

Due to the rising institutional interest in blockchain technology, the real-world assets (RWA) sector has gained serious traction in recent years. But within this sector, Pendle might just be the most promising project.

It's a cross-chain DeFi app focused on yield trading. Crypto is volatile, and yields are too. At its core, Pendle aims to create predictable returns for its users through a feature called "yield tokenization."

It can tokenize assets such as stablecoins and split them into yield-bearing and principal components. According to the website, this creates stability among volatile yields.

Currently, Pendle offers a staggering 14.68% APY on cUSDO and 10.65% APY on sUSDe. These are incredible returns considering that stablecoins are relatively low risk compared to other assets.

Pendle's TVL has risen by $1.8 billion to $4.5 billion since April, illustrating that deep-pocketed whales are rushing to use the platform.

Solaxy is building a Solana layer 2 blockchain, aiming to tackle the network's congestion issue to ensure its long-term health.

Those who have used Solana for a while will know that congestion issues plague the network. It's unable to process all transactions during periods of peak network activity, leading to longer wait times and increased rates of transaction failure.

Solaxy will fix this with layer 2 technology. It aims to be cheaper, faster, and more reliable than using Solana.

And Solana is proving a hotbed for institutional adoption. Most recently, Solana Foundation struck a deal with enterprise blockchain developer R3, allowing it and its clients (including HSBC, Bank of America, the Italian central bank, and the Monetary Authority of Singapore) to use Solana.

By improving Solana's speed, Solaxy is also well-positioned to capitalize on this rising institutional interest.

Solaxy is undergoing a presale where it has raised $40 million so far. This presale success signifies massive potential once $SOLX hits exchanges.

When it comes to projects that can benefit from growing Bitcoin interest, Stacks is certainly one to watch. It's a Bitcoin layer 2 blockchain, making things cheaper and faster, and also introducing smart contract compatibility.

Like Solaxy, Stacks taps into an existing network effect, which translates to immense growth potential.

One of the unique things about Stacks is that it allows developers to build applications inside the Bitcoin ecosystem. An example of this is Zest Protocol, a Bitcoin DeFi app that allows users to earn a fixed 4.4% APY on their $BTC. It just crossed the 500 BTC TVL milestone, reflecting growing adoption.

Stacks is a go-to platform for developers