Market analysts say Ether (ETH) faces “downside risks” that could trigger another 20% downtrend toward $1,700, new analysis said.
Key takeaways:
Rising Ether supply on exchanges and declining ETF inflows suggested a possible ETH price drop over the coming days.
Ether’s rising wedge pattern projected a potential 22% drop to $1,725
ETH inflows to exchanges rise
Ether’s 40% recovery from multi-month lows below $1,800 was dampened by resistance from the $2,400 level.
Analysts have outlined several reasons for Ether’s inability to break $2,400, including “significant” inflows into exchanges, according to CryptoQuant analyst BorisD.
The chart below shows a sharp increase in ETH reserves held on Binance to 3.84 million from 3.36 million between May 5 and May 9.
The analyst explained that as inflows accelerated, the “price action failed to show strong continuation to the upside,” dropping 7% to $2,260 from $2,390 over the same period.
“This suggests that liquidity was being both absorbed and distributed within the range,” BorisD said, adding:
“The broader structure still points toward downside risk remaining dominant for now.”
ETH exchange reserve on Binance. Source: CryptoQuant
While other analysts see potential for fresh upside in the coming days, “those moves may primarily serve distribution purposes rather than signal the start of a strong bullish trend,” the analyst added.
Making the same observations, fellow analyst PelinayPA said any short-term rebound in ETH would be “followed by high volatility, and then a continuation of the broader downtrend,” adding:
“The large amount of ETH being moved onto exchanges continues to create significant resistance against upward price movements.”
This coincided with sharp exchange inflows, as the Ether net position change among exchanges rose to 585,000 ETH on May 13, marking the largest spike since December 2025, when ETH was trading at $3,000. This preceded a 42% drop to $1,750 in February.
ETH: Exchange net position change
Such inflows typically indicate distribution by large holders, who move tokens from cold storage or redeem ETH investment products.
Meanwhile, demand for spot Ethereum ETFs continues to decline, with these investment products recording outflows for four consecutive days, totalling $190 million. This points to a drop in demand from US investors, adding to Ether’s headwinds.
Spot ETH ETFs flows chart. Source: SoSoValue
Ether’s rising wedge targets $1,725
The daily chart shows ETH/USD validating a rising wedge breakdown, after the price breached the support provided by the lower trend line of the pattern at $2,280.
A daily candlestick close below this level will confirm the breakdown, clearing that path for Ether’s drop toward the wedge’s measured target at $1,725, representing 22% decline from the current price. This coincides with its previous macro low reached on Feb. 6.
Rising wedges are typically bearish reversal patterns, and Ether’s break below the pattern is “starting to become a concern,” analyst ShangoTrades said in a recent X post.
Zooming out, fellow analyst CryptoBullGod said ETH could drop to $1,280, which is the measured target of a bear flag, as shown on the weekly chart below.
Intercontinental Exchange (ICE) and the Chicago Mercantile Exchange (CME), the two biggest exchanges for energy-linked commodities, are pressuring US regulators to clamp down on the Hyperliquid decentralized exchange’s expansion into commodity markets.
Executives from both companies say that Hyperliquid’s energy-linked onchain derivatives create insider trading and price manipulation risks, according to Bloomberg, which cited unnamed sources familiar with the ongoing talks with US regulators.
ICE and CME cited the “anonymous” and “unregulated” nature of Hyperliquid as major risks to critical energy markets, like oil and gas, which could be used by state actors to circumvent sanctions, the report added.
Daily trading volume for HIP-3 perpetual futures markets. Source: DeFiLlama
Hyperliquid introduced HIP-3, also known as “Builder-Deployed Perpetuals,” in January 2025, which allows anyone who stakes 500,000 HYPE tokens, the platform’s native cryptocurrency, to build perpetual futures markets for any electronically traded asset class.
The deployment of HIP-3 represents a broader trend of traditional financial markets coming onchain, as the line between blockchain-based infrastructure and traditional market architecture continues to erode.
Related: Why is Hyperliquid’s HYPE token price up 23% in one day?
Hyperliquid’s token price surges following the introduction of HIP-3
The price of HYPE jumped by over 58% within three days of the launch of HIP-3. The token rose from a low of about $20 to over $38, and is trading at about $44 at the time of publication.
In March, market analyst and crypto investor Arthur Hayes forecast that HYPE could hit $150 per token by August, driven by demand for commodities-linked onchain derivatives instruments.
The HYPE token’s price action. Source: CoinMarketCap
“Hyperliquid, the dominant perp DEX, is the largest revenue-generating project that isn’t a stablecoin,” he said.
The exchange also dedicates 97% of trading fee revenue to HYPE token buybacks, which boosts demand and raises the token’s price over time, according to Hayes.
“If the market believes that HYPE can continue siphoning volumes away from centralized exchanges and add new features to accelerate revenue growth, then HYPE can pump in absolute terms,” he added.
Open interest for HIP-3 markets has continued to rise since their inception, climbing to over $2.5 billion in May, according to data from DeFiLlama.
Magazine: Guide to the top and emerging global crypto hubs: Mid-2026
Today DMND and RootstockLabs announce a new feature rollout intending to further the decentralization of Bitcoin mining. The new feature uses Stratum V2 to enable miners at the pool engaging in their own block template construction to also handle the selection and inclusion of merge-mined block commitments from the Rootstock (RSK) sidechain as well.
Merge-mining is a process by which multiple blockchains can share, or “reuse”, the same POW from the same set of miners. One blockchain, the child chain, structures its block headers to include the headers of the parent chain, i.e. the hash of the child chain’s block header is actually included inside a parent chain block (usually in the coinbase transaction), and software for the child chain is aware of this, actually validating part of the parent chain’s blocks in the process of verifying the child chain’s blocks.
This allows miners of the parent chain to mine multiple blockchains at once by simply including blockheader commitments in their coinbase transaction, and then mining blocks for the parent blockchain. When one is found for the parent chain, one is found for all of the child chains as well.
DMND’s integration allows miners to claim the sidechain rewards in rBTC (Rootstock’s bitcoin backed token whose reserves are managed by the federation operating the sidechain) directly on the sidechain, with no revenue sharing or intermediary pool custody.
There is potential for a dynamic like this to actually have the opposite impact on decentralization, but it is nonetheless an important development that will actually put such questions to the test in the real world.
Alejandro De La Torre, CEO and Co-Founder of DMND, had this to say: “The miner controls the merge mining and the miner gets paid for the merge mining. More delegation of control to miners is our key support for further decentralisation of the Bitcoin ecosystem.”
CME Group and ICE have reportedly warned the CFTC and Capitol Hill officials that Hyperliquid’s decentralized perpetual futures platform could enable market manipulation and sanctions evasion.
As the Commodity Futures Trading Commission takes on a growing task to police U.S. crypto trading, senior lawmakers are saying it needs bipartisan leadership.
The new CEDP pricing structure is now live, and the impact should be visible on April statements. For many merchants, particularly those with high volumes of Visa Small Business and Level II card transactions, it’s not a welcome sight.
How We Got Here
April 2025 – Visa first announced CEDP, the premise was straightforward and promising: merchants processing Visa Small Business card transactions (Tiers 1–5) with verified Level III data would qualify for a new Product 3 interchange rate that offered genuine cost savings over existing Level II rates. That promise didn’t hold.
November 2025 – Visa announced a significant revision: the proposed Product 3 rates for Small Business would increase by 65 basis points, with the change taking effect January 2026. Critically, Visa also eliminated the Level II rate category for Small Business cards entirely. Those transactions no longer have a Level II fallback — merchants either qualify for Product 3 by sending Level III data, or their transactions process at the higher Product 1 base rate.
April 2026 – Visa also retired Level II discounts for Purchasing and Corporate cards, an additional headwind for merchants processing those transaction types. Fleet cards retain a Level II category for now.
The Merchant’s Dilemma
The elimination of Level II rates means every affected merchant now faces the same binary choice, but the outcome looks very different depending on card type.
For Corporate and Purchasing cards, the transition to Product 3 still represents a meaningful savings opportunity. Merchants who invest in Level III data compliance can achieve rates that justify the effort.
For Small Business Tiers 1–5, the calculus is much harder. The Product 3 rates for Small Business are significantly higher than what Level II used to provide, meaning even merchants who successfully send Level III data cannot fully recover the rates they previously enjoyed. And those who don’t send Level III data face the full Product 1 base rate, a substantial step up in cost.
Merchants processing Visa Small Business card transactions now face a binary choice:
Send Level III data: Send Level III data and qualify for Product 3 rates, which offer some savings relative to Product 1, but fall well short of what Level II used to provide.
Don’t send Level III data: Don’t send Level III data and transactions at the higher Product 1 base rate.
What makes this particularly burdensome is the dramatic increase in compliance complexity. Under the old Level II program, merchants needed only two additional data fields: sales tax and an invoice number. Simple, sustainable, and easy to maintain at scale. Under CEDP, qualifying for Product 3 requires numerous data fields — and Visa’s verification systems actively scrutinize whether the data being submitted is accurate and complete. Merchants flagged for discrepancies risk reclassification, meaning compliance isn’t a one-time achievement. It requires continuous monitoring of every transaction, indefinitely.
For Small Business card merchants in particular, this means being asked to do exponentially more work to achieve rates that are still worse than what Level II used to provide.
Case Study: The $8 Million Invoice
For some merchants, the impact was immediate and drastic. When Visa Small Business Tier 1–5 Level II rates were eliminated in January 2026, one large U.S. manufacturer saw its annual card acceptance costs rise by roughly $8 million. This merchant processes a significant volume of Visa Small Business card transactions across its customer base and felt the rate increase immediately and at scale. The April 2026 retirement of Level II for Purchasing and Corporate cards adds further pressure on top of that.
In summary, any company processing a high volume of Visa Small Business or Corporate card transactions faces similar exposure and may not yet fully understand why their processing costs have increased.
What Can You Still Do?
Redbridge recommends a thorough review of your monthly interchange qualification and merchant statement data. On top of that, and for many merchants, there are offsetting savings opportunities across the broader payments ecosystem that can help absorb these new costs.
Redbridge works with leading merchants to assess CEDP compliance readiness, identify qualification gaps, and build a sustainable monitoring strategy to secure and protect preferential interchange rates over the long term.
Bitcoin is struggling to reach the $84,000 level, but a minor positive is that the bulls have not allowed the price to skid to the $76,000 support.
Select major altcoins have turned down from their overhead resistance levels, indicating that the bears remain in control.
Bitcoin’s (BTC) recovery above $82,000 on Thursday was short-lived, as bears sold at higher levels and pulled the price back to the $79,000 level. Glassnode said in its Week On-chain report that several investors bought BTC between November 2025 and February near the $86,900 level. These holders may sell near their entry price after experiencing large drawdowns, creating a barrier for BTC’s continued rally.
Another negative view came from crypto analytics firm CryptoQuant, which said in a recent report that BTC has hit its major resistance at the 200-day moving average near $82,400. In 2022, BTC had resumed its downtrend after failing to cross above the 200-day SMA. BTC may get into trouble if history repeats itself.
In a bear phase, it is not uncommon for the price to hit a wall at the major resistance and pull back. However, a positive sign in favor of the bulls is that they have not allowed the price to dip back below the short-term breakout level of $76,000. That suggests the bulls are not hurrying to close their positions as they anticipate another leg higher.
Could BTC and the major altcoins hold on to their support levels? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
Bitcoin price prediction
BTC rebounded off the 20-day exponential moving average ($79,251) on Thursday, but the bears sold the relief rally.
The BTC price has dipped back to the 20-day EMA, which is a crucial level for the bulls to defend if they want to retain the advantage. If the price turns up from the 20-day EMA with force, the bulls will again strive to push the BTC/USDT pair to $84,000. A break and close above $84,000 clears the path for a rally to $92,000.
On the contrary, if the price sustains below the 20-day EMA, it suggests that the bears are attempting a comeback. The pair may then tumble to the 50-day SMA ($74,968), which is again likely to attract buying by the bulls.
Ether price prediction
Ether (ETH) turned down from the 20-day EMA ($2,297) and has broken below the 50-day SMA ($2,250), indicating an advantage to sellers.
The ETH/USDT pair may plunge to the support line of the ascending channel pattern, which is a crucial level for the bulls to defend. The failure to do so may sink the ETH price to $1,916.
Instead, if the price turns up from the support line and breaks above the 20-day EMA, it signals buying at lower levels. The pair may then climb to $2,465, which is expected to behave as solid resistance. If buyers overcome the barrier, the pair may rally to the resistance line.
BNB price prediction
Sellers have successfully defended the $687 level in BNB (BNB), but the bulls continue to exert pressure.
The upsloping 20-day EMA ($649) and the RSI near the overbought zone signal that the path of least resistance is to the upside. If buyers clear the $687 hurdle, the BNB/USDT pair may soar to $730 and later to $790.
This bullish view will be invalidated in the short term if the BNB price turns down sharply from the current level and breaks below the 20-day EMA. That suggests the pair may remain inside the $687 to $570 range for some more time.
XRP price prediction
XRP (XRP) rose from the 20-day EMA ($1.42) on Thursday and broke above the downtrend line of the descending channel pattern.
However, the bulls failed to achieve a close above the downtrend line, indicating that the bears are fiercely defending the level. Sellers will attempt to trap the aggressive bulls by pulling the XRP price below the moving averages. If they can pull it off, the XRP/USDT pair may plummet to $1.27.
Buyers are likely to have other plans. They will attempt to quickly push the price back above the downtrend line. If they do that, the likelihood of a break above the $1.61 resistance increases. The pair may then start a new up move to $2.
Solana price prediction
Solana (SOL) bounced off the 20-day EMA ($89) on Thursday, but the bears sold at higher levels.
The SOL price has turned down and broken below the 20-day EMA. If the price maintains below the 20-day EMA, the SOL/USDT pair may continue to oscillate between $76 and $98 for a few more days.
Buyers will have to swiftly push the price back above the 20-day EMA to signal strength. The pair may then reach the $98 level, which is the critical overhead resistance to watch out for. A close above $98 clears the path for a rally to $106 and subsequently to $117.
Dogecoin price prediction
Dogecoin (DOGE) reached the $0.12 level on Thursday, where the bears are posing a stiff challenge to the bulls.
If the DOGE price continues lower and breaks below the 20-day EMA ($0.11), it suggests that the traders are booking profits. That may keep the pair stuck between $0.09 and $0.12 for a while longer.
On the other hand, a solid bounce off the 20-day EMA signals that the bulls remain in control. That improves the prospects of an upside breakout. If that happens, the DOGE/USDT pair may surge to $0.14 and later to $0.16.
Hyperliquid price prediction
Hyperliquid (HYPE) made a solid comeback from the $38 level on Thursday, indicating aggressive buying at lower levels.
The bulls continued their run on Friday and pushed the HYPE price above the $45.77 resistance. However, the long wick on the candlestick shows selling at higher levels. The bears will have to pull the price below the 20-day EMA ($41.96) to weaken the bullish momentum. The HYPE/USDT pair may then form a range between $38 and $47.
Contrary to this assumption, if the price turns up from the current level or the 20-day EMA and breaks above $47, it signals the resumption of the up move. The pair may then skyrocket toward the $50 to $51.43 zone.
Related: Bitcoin stalls above $80K despite CLARITY Act pass: What will trigger a breakout?
Cardano price prediction
Cardano (ADA) bounced off the 20-day EMA ($0.26) on Thursday, but the bulls could not sustain the higher levels.
Sellers are attempting to strengthen their position by pulling the ADA price below the moving averages. If they manage to do that, the ADA/USDT pair may extend its stay inside the $0.22 to $0.31 range for some more time.
On the other hand, if the price turns up from the moving averages and breaks above $0.29, it suggests an advantage to buyers. The pair may then rise to $0.31, which is likely to attract sellers.
Zcash price prediction
Zcash (ZEC) turned up from the 38.2% Fibonacci retracement level of $518 on Thursday, but the bulls could not clear the $560 hurdle.
The bears are attempting to pull the ZEC price below the $518 level and deepen the pullback to the 20-day EMA ($491). Buyers are expected to vigorously defend the 20-day EMA, as a close below it may sink the ZEC/USDT pair to the 61.8% retracement level of $442.
Contrarily, if the price rebounds off the 20-day EMA with force, it indicates a positive sentiment. The bulls will then attempt to drive the pair to $560 and eventually to $643.
Bitcoin Cash price prediction
Bitcoin Cash (BCH) has been trading inside the $419 to $486 range, signaling buying near the support and selling close to the resistance.
The moving averages have started to turn down, and the RSI is in the negative territory, indicating that the bears have the upper hand. Sellers will attempt to strengthen their position by pulling the BCH price below the $419 support. If they succeed, the BCH/USDT pair may resume the downtrend toward $375.
Buyers are likely to have other plans. They will attempt to defend the $419 level and push the price back above the moving averages. If they do that, the pair may remain inside the range for a few more days.
The Bitcoin Open, a combined golf and poker tournament organized by Bitcoin Sports Network and Satstreet, is scheduled for June 8, 2026, at Glen Abbey Golf Club in Oakville, Ontario. The event will take place at the club during its 50th anniversary year.
Glen Abbey Golf Club, designed by Jack Nicklaus and opened in 1976, is one of Canada’s most recognized golf venues. It has hosted the Canadian Open multiple times and is known for its championship-level layout and history in professional golf. The course is located approximately 30 minutes west of Toronto and serves as a public golf facility with a significant legacy in Canadian sports.
The Bitcoin Open consists of a scramble-format golf tournament on the main championship course during the day, followed by a Texas Hold’em poker tournament in the evening. The golf portion uses a team scramble format, typically with groups of four players. The field size is limited, with organizers noting strong demand and a reduced number of remaining team spots as of mid-May 2026.
Prizes for the event include two separate hole-in-one awards, each consisting of one Bitcoin. Additional golf prizes cover the longest drive and closest to the pin. Golf winners will also receive tickets to the 2027 Bitcoin Golf Championship, scheduled to take place in Nashville, Tennessee, ahead of the 2027 Bitcoin Conference. The winner of the poker tournament receives $5,000 CAD in stablecoins.
A list of hole sponsors for the event has been announced. These include APX Lending, Tetra Digital Group, The Canadian Bitcoin Conference, Satstreet, True North Airways, Ledn, Gator Mining Inc., Wealthsimple, CAD DIGITAL, PRIVATEDEBT Partners, McCarthy Tetrault, and Samara Asset Group.
Bitcoin Sports Network operates as an organizer of Bitcoin-themed sports and lifestyle events, including golf tournaments held in conjunction with major Bitcoin conferences. Satstreet, a Canadian Bitcoin-focused company, is co-hosting the event and serving as one of the hole sponsors. The two organizations are collaborating on this Canadian edition of The Bitcoin Open.
The event is open to participants from the Bitcoin community, including builders, investors, and others active in the industry. Registration is handled through the official event website, with tickets covering both the golf and poker components. The schedule includes on-course activities, meals, and networking periods at the venue.
This marks the first time The Bitcoin Open is held at Glen Abbey. Previous Bitcoin Sports Network golf events have taken place in locations such as Las Vegas, often timed near larger Bitcoin conferences. The Canadian event is positioned as a standalone gathering in the Toronto area.
Glen Abbey’s 50th anniversary provides additional context for the timing. Since its opening, the club has been a central part of Canadian golf, training professionals and hosting amateur and professional competitions.
Tokenized ETFs have crossed $430 million in total onchain market cap, with Ondo Finance’s IVVon token surging 150% in the past month on Ethereum.
Tokenized exchange-traded funds have reached $430 million in combined onchain market capitalization, according to Token Terminal data published Friday. Ondo Finance’s IVVon token leads the category, having surged approximately 150% over the past month on Ethereum.
IVVon represents a tokenized version of the iShares Core S&P 500 ETF, enabling onchain exposure to traditional equity market indices. The 150% monthly gain reflects growing institutional and retail interest in bridging traditional finance assets onto blockchain networks.
Separately, the onchain EUR stablecoin market has exceeded $760 million in total market cap, with 66% of all euro stablecoins currently tokenized on Ethereum. The expansion of both tokenized traditional assets and regional stablecoins signals acceleration in the onchain real-world asset and stablecoin infrastructure sectors.
Sources: Token Terminal | Token Terminal
This article was produced with the help of AI flows.
The Tourism Authority of Thailand (TAT) Beijing Office and Alipay+, the unified wallet gateway of Ant International, launched a new campaign to enhance the digital travel experience via AI-generated themes and further collaborations to integrate AI across the travel journey in Thailand.
Based on outbound travel behaviors from the first quarter of 2026, the campaign leverages AI-driven data analytics to interpret cross-border traveler behavior and integrates official tourism resource data from Thailand, creating four themed rankings for global travelers — “Thai Haokan” (Beautiful Sights), “Thai Haochi” (Delicious Eats), “Thai Haowan” (Exciting Activities), and “Thai Haozhu” (Cozy Stays) — thus establishing a new paradigm for destination marketing empowered by digital technology.
Through Alipay+ Voyager, an in-app AI travel agent, TAT can then offer travellers personalised experiences based on the four rankings. The campaign will roll out first for Chinese travellers through Alipay, an Alipay+ e-wallet partner.
Data Intelligence Reshapes Travel Decision‑Making
A growing number of travelers are embracing AI as a trusted tool for travel planning and booking. The top five most frequently asked questions by users are: “transportation guides”, “featured attractions”, “local cuisine”, “local experiences”, and “accommodation”.
Leveraging the unique wallet payment ecosystem of Alipay+ with data and support from the TAT, the campaign aims to:
Identify trending tourist hotspots in Thailand, with AI algorithms matching the interests and preferences of different traveller segments to deliver tailored recommendations for cultural exploration, culinary experiences, accommodation, and other niche scenarios.
Offer a seamless digital experience from content browsing to trip booking, allowing user to complete one‑stop reservations for flights, hotels, attraction tickets, and ride‑hailing directly within the apps travellers know and trust.
For example, via Alipay+ Voyager, travellers can directly book ride-hailing rides directly within their home e-wallet, without the need to download an additional app, while a growing number are asking the Voyager AI agent about location-based recommendations such as “food and activities near my hotel”.
The AI‑powered real‑time recommendation model marks the arrival of Smart Tourism 3.0, which the TAT is driving with partners like Alipay+ to enable each traveller to have a personalised and tailored experience in Thailand.
AI Creates Seamless Experiences, Driving Growth for Local Tourism Sector
Ms. Yolrawee Sittichai, Director of the Tourism Authority Of Thailand Beijing Office spoke highly of this collaboration. She stated that the launch of Thailand’s AI-powered travel themed list in partnership with Alipay+ Voyager marks a significant milestone in leveraging digital technology to advance Thailand’s tourism development.
The Tourism Authority of Thailand has always prioritised the safety and security of Chinese tourists. As part of this collaboration, we have specifically integrated authoritative safety guidelines and a full-spectrum emergency contact system into the AI assistant service ecosystem, ensuring Chinese tourists enjoy a worry-free travel experience throughout their stay in Thailand. Through the AI assistant, tourists can easily access critical information including the Thailand Tourist Police Hotline 1155 (with Chinese language support), police emergency number 191, ambulance hotline 1669, consular protection hotlines of Chinese embassies and consulates in Thailand, and the Global Emergency Call Center for Consular Protection and Services of China’s Ministry of Foreign Affairs.
Moving forward, the Tourism Authority of Thailand will continue to deepen its partnership with Alipay+, continuously upgrading Thailand’s digital tourism services to let more visitors experience the unique charm of Amazing Thailand.
Ms. Scarlett Xing, General Manager of Alipay+ Travel Solutions at Ant International, said: “The Tourism Authority of Thailand has always been at the forefront of digital innovation and have been long time partners with Alipay+ across payments and other travel breakthroughs. Through Alipay+ Voyager, we’re taking the next step in our collaboration, using our AI-powered solutions to drive a new chapter of discovery within Thailand, supporting the travel sector and bringing inclusive growth to more merchants. Together, we can showcase Thailand as the future of smart tourism, and we look forward to bring this experience to more partners globally.”
The continued growth in transactions in the first quarter of 2026 across Thailand not only reflects Chinese travellers’ sustained enthusiasm for Thailand as a destination, but also how integrated digital travel ecosystems like Alipay+ Voyager – encompassing AI‑driven Q&A, one‑stop booking, and localised payment experiences – is effective in driving efficient conversion from traffic to consumption, delivering tangible commercial value to Thailand’s tourism industry.
Building a New Ecosystem for Future Travel
Following the successful implementation of the first‑quarter cooperation, Alipay+ and the Tourism Authority of Thailand have announced the launch of three strategic upgrade initiatives:
Further leveraging the Alipay+ Voyager AI agent to deliver smarter and more personalized Thai travel services and itinerary recommendations powered by AI.
Introducing a Thailand destination benefits card, which includes exclusive perks such as pre‑trip travel product bookings, on‑trip shopping and ride‑hailing discounts, and post‑trip tax‑refund red packets.
Co‑creating high‑quality travel content for Thailand as a destination, catering to the growing demand of Chinese travellers for personalised and off‑the‑beaten‑path outbound travel experiences.
Looking ahead, Alipay+ and the Tourism Authority of Thailand will continue to deepen their collaboration, bringing global travelers smarter and more convenient possibilities for intelligent travel. Their goal is to make every departure easier and every journey more wonderful. Stay tuned for the latest platform promotions, unlock exclusive benefits for Thailand in advance, and enjoy a uniquely amazing holiday experience.
Theme Rankings Enhance Local Experiences
In the “Thai Haokan” cultural landmarks ranking, traditional attractions such as the Grand Palace and Sanctuary of Truth are featured alongside emerging hotspots like King Power Mahanakhon and Sathon Soi 12. The “Thai Haochi” food ranking, driven by user Q&A interactions, highlights popular local dishes in Thailand.
Notably, the “Thai Haowan” ranking focuses on authentic lifestyle experiences, precisely recommending unique offerings such as shooting ranges, Muay Thai, and rooftop bars – successfully capturing emerging travel trends.
On the payment experience front, Alipay+ partner merchants are widely available across Thailand – from airport duty‑free shops to 7‑Eleven stores, and from the Siam commercial district to Central shopping malls. Furthermore, through integration with Thailand’s PromptPay merchant QR codes, Chinese travellers can connect with millions of merchants nationwide, including small and medium‑sized local businesses, making it easier for travelers to immerse themselves in authentic Thai culture. The newly launched on‑site QR code ticket purchase service for Thailand allows visitors to scan, buy, and enter attractions instantly without advance booking – truly enabling an “arrive and enjoy” experience.
