AI Crypto Narrative Tops May 2026 With 31.9% Surge, Restaking Falls

Crypto's May 2026 was a month of selective rotation, not broad risk-on. AI led the field with +31.9% cap-weighted returns and +14.5% median month-to-date performance, while DePIN added +16.5% on gains concentrated in a handful of major projects. RWA and Layer 2 traded largely range-bound through…