Flash

The next year will be crucial for Ethereum scalability. The Glamsterdam fork will introduce powerful parallel processing capabilities in 2026, and the Gas limit will be significantly increased, aiming to scale up to ten thousand transactions per second. The increase in data blocks will enhance L2 processing capacity, with privacy and cross-chain operations becoming focal points.

Tianji Holdings announces that approximately HKD 10 million will be used to expand Web3 and AI-related sports intellectual property projects, including developing intellectual property products for La Liga clubs and implementing blockchain technology to achieve digital identity tamper-proofing and traceability.

Foresight News 消息，据财新报道，近期在小红书等平台广泛推广的 U 卡存在合规与法律风险。该类工具是基于美元稳定币进行支付的境外银行卡，通常印有 Visa 标识，支持用户通过加密货币钱包中的 USDT 进行消费支付，如订阅 ChatGPT Plus 等扣费。财新文章指出，在境内发行和使用 U 卡涉及一层特殊的法律风险。

In 2025, the total liquidation amount in the crypto market has exceeded $150 billion, with an average of about $400 million to $500 million per day. Most liquidation events on trading days range from tens of millions to hundreds of millions of dollars, while extreme events such as the deleveraging incident on October 10 resulted in over $19 billion in liquidations, mainly concentrated in long positions, with long position liquidations accounting for 85-90%.

Gate News bot message, during the market downturn, on-chain perpetual futures volume is cooling off, except on #Tron. #Tron's daily perpetual futures volume has topped $1B for two consecutive days, and 7-day perpetual futures volume reached $5.77B, up 176% week-over-week.

AllianceDAO Co-Founder QwQiao believes that new payment channels like stablecoins may not be able to replace traditional card organizations such as Visa and Mastercard, because they ignore the fee distribution structure. In transaction fees, most of the costs are borne by merchants, maintaining a stable incentive relationship among consumers, banks, and card organizations.

Infinex founder Kain Warwick responds to the reduction in INX token sale amount, stating that the market response has been poor, and the FDV will decrease from $300 million to $99.99 million. This Sonar sale will offer 5% of the token supply, with the fundraising amount reduced to $5 million. User registration will open on December 27.

In the past 24 hours, trading volume on mainstream Perp DEXs has significantly declined. Lighter leads with $5.04 billion in trading volume, followed by Hyperliquid and Aster. Lighter's mainnet will go live on the 31st, which may boost its activity. The overall market remains slightly volatile.

BlockBeats News, December 25 — According to HyperInsight monitoring, a whale address (0xdaa) deposited $2.6 million as margin into Hyperliquid yesterday and has established a roughly $1.256 million 1x leveraged LIT short position, with an average price of $3.53 and a liquidation price of $6.98. As of press time, the address is still increasing its position, with $970,000 of margin remaining unused. Currently, LIT is trading at approximately $3.47, and based on pre-market prices, its fully diluted valuation (FDV) is about $3.4 billion. Regarding market sentiment, data from the Polymarket platform shows that the probability of "Lighter remaining with an FDV over $30 billion one day after listing" has decreased by about 7% today, currently around 55%.

ChainCatcher reports that, according to Cointelegraph, the NFT market in December fell to its lowest point since 2025, with a total valuation of only $2.5 billion, a sharp decline of 72% from the January peak of $9.2 billion. Market participation has significantly contracted, with CryptoSlam data showing the number of buyers continuously decreasing, and the number of sellers dropping below 100,000 for the first time since April 2021. Mainstream blue-chip NFT projects such as CryptoPunks and Bored Ape Yacht Club have seen price declines of 12%-28% over the past 30 days. Notably, art-related NFTs have performed relatively steadily, with emerging projects Sports

According to CryptoNews reports, the value of AI-focused crypto tokens is expected to decline by approximately 75% in 2025, with a market capitalization evaporation of $53 billion. In November and December, AI tokens lost $4 billion and $10 billion respectively, with eight tokens in the top ten losing more than 70%.

Recently, silver prices have risen, surpassing oil prices, resulting in the rare phenomenon of "silver being more expensive than oil," reflecting that capital is flowing into assets with anti-inflation properties. Analysts point out that in the current environment, asset allocation should be more flexible, and market adjustment capabilities can be enhanced through multi-asset trading.

Gate News bot message, Crypto markets rebounded following several down days, coinciding with continued stock market rallies as the S&P 500 recorded a fresh all-time high. Commodities followed the upward trend, with gold, silver, and platinum reaching new highs. Bitcoin traded at $87,714, up 0.8%, w

BTFS under BitTorrent reached a significant milestone in 2025, with global storage capacity surpassing 800PB, a total of over 196 million storage contracts processed, and BTT fuel consumption exceeding 8.3 billion. BTFS is committed to promoting the development of decentralized storage technology and providing secure and efficient solutions for users worldwide.

PANews 12月25日消息，据ForesightNews报道，携程海外版Trip.com已面向全球用户推出稳定币支付功能，目前支持USDT和USDC两种美元稳定币，支付可通过Ethereum、Tron、Polygon、Solana等多条公链完成。用户在越南使用USDT支付机票和酒店预订时，费用分别节省约18%和2.35%。 加密支付服务由新加坡加密支付机构Triple-A提供支持，该机构还与Grab等合作推广加密支付。Trip.com的稳定币支付流程简化，酒店预订无需填写详细个人信息，仅需姓名和邮箱即可完成订单。

Pantera Capital Research Director Jay Yu released the 12 major predictions for the crypto industry in 2026, covering capital-efficient consumer credit, forecast market segmentation, AI applications in crypto, tokenized gold, quantum threats to BTC, privacy service unification, and more, offering insights into future market trends and technological innovations.

Odaily星球日报讯 摩根士丹利策略师指出，美国经济可能出现“无就业生产力繁荣”（jobless productivity boom），将抑制通胀并为美联储更多降息打开大门。美国劳工部数据显示，第二季度所有非农企业工人的每小时产出同比增长3.3%，较上一季度1.8%的同比下降大幅改善。投资者对美联储明年降息节奏的预期比官方预测更为激进。据芝商所美联储观察工具（CME FedWatch tool）显示，美联储官员预计2026年仅降息一次，但投资者认为年底利率下降的概率达72%。（金十）

Offshore RMB against the US dollar breaks through the 7 mark, reaching a new high since 2024. Onshore RMB against the US dollar also surpasses 7.01, influenced by a weakening US dollar and China's strong economy. The RMB exchange rate is expected to remain strong, but whether it can stabilize above the 7.0 mark will still need to be watched.

This article summarizes cryptocurrency news as of December 25, 2025, including the latest Bitcoin updates, Ethereum upgrades, Dogecoin trends, real-time cryptocurrency prices, and price forecasts. Major Web3 events today include: 1. The stablecoin market cap surpasses $310 billion, reaching a record high, with Bitwise aiming for $500 billion by 2026; 2. Bitcoin ETFs have experienced outflows of $825 million over five days, with the US being the largest seller; 3. Two major Russian stock exchanges are ready to launch cryptocurrency trading.

Guotou Silver LOF will be suspended from trading until 10:30 on December 26, and investors are reminded to pay attention to the risk of high premiums. Recently, silver prices have surged significantly, with London Silver prices breaking through $71.81 per ounce, and some funds have also been suspended due to high premiums.

On-chain analysis shows that Yili Hua's Trend Research began accumulating Ethereum in early November, holding approximately 645,000 ETH, making it the third-largest holding entity. Currently, there is an unrealized loss of about $242 million. If an additional $1 billion is reinvested, it could potentially rise to the second-largest holding entity.

Despite the recent continuous pressure on SOL prices, on-chain data from the Solana network presents a completely different picture. The latest data shows that the staked amount of Solana has risen to 409 million SOL, reaching a new all-time high, indicating that network security and long-term participation are still strengthening. This change has attracted market attention: in the context of declining prices, are investors ignoring the important signals released by Solana's fundamentals? From a network perspective, a high staking rate means more SOL is locked up to maintain the network's consensus mechanism, which helps enhance the resistance to attacks and overall stability of the Solana blockchain. For long-term holders, the continuously increasing staked SOL is often seen as a sign of confidence in the ecosystem and is also one of the important indicators of the health of the public chain.

Recently, Bitcoin prices have been volatile, reflecting that the global macro environment and risk sentiment remain unstable. In the context of an unclear short-term direction, the continued strength of gold prices is being viewed by the market as a potential catalyst for the next wave of Bitcoin growth. Historical data shows that as long as the correlation logic holds, rising gold prices often serve as an important reference for Bitcoin price movements. Over the past year, the correlation between Bitcoin and gold has significantly strengthened. As institutional investors regard Bitcoin as "digital gold" and a macro hedge asset, its price trend has gradually synchronized with gold prices. Historically, there have been multiple instances where gold led the rally, followed by Bitcoin catching up. The underlying logic is that after risk appetite warms, funds gradually shift from defensive assets to high-elasticity assets, benefiting Bitcoin. Since 2024, this "gold rising—Bitcoin following" pattern has been repeatedly validated in both spot and derivatives markets.

During the overall crypto market's quiet Christmas season, XRP's price has begun to show some noteworthy signals of change. Although XRP has declined approximately 16.8% over the past 30 days and the short-term trend remains weak, momentum, capital flow, and whale activity are all improving in tandem, and market discussions about a “XRP Christmas rally” are gradually heating up. Firstly, from a technical perspective, XRP's price has been declining continuously from early November to late December, but the Relative Strength Index (RSI) has formed higher lows, indicating a classic bullish divergence. This suggests that while the price is falling, the downward momentum is weakening, often an early sign of a trend reversal. Additionally, the Money Flow Index (MFI) has shown similar signals. From late November to mid-December, XRP's price was declining while the MFI continued to rise, indicating that funds are flowing back in on dips. Recently, the MFI has moved out of the oversold region, implying that buying interest is recovering.

ChainCatcher Message, AMLBot's latest report shows that between 2023 and 2025, Tether has frozen a total of 7,268 addresses through its freezing mechanism, involving $3.29 billion USDT, of which over 53% of the frozen USDT is located on Tron.

ChainCatcher News, Ethena Labs announces that Anchorage Digital Bank has officially become one of the custodians supporting the assets behind USDe, joining the ranks of Copper and Ceffu custodians. Anchorage Digital Bank is the first federally licensed crypto-native bank in the United States, strictly regulated by the Office of the Comptroller of the Currency (OCC). The protocol currently uses addresses starting with 0xAFBb and 0xF270 (both storing Ethereum) as isolated wallets, and includes them in the weekly published reserve proofs. Starting from January 2026, Anchorage will provide monthly signed and publicly available custody proofs. Additionally, this custody scheme will be integrated into the USDe minting and burning smart contracts to support users.

President Trump plans to select a new Federal Reserve Chair in January next year, and Treasury Secretary Scott Bessent may gain new powers to push for reforms and interest rate cuts at the Federal Reserve. He will work with a cooperative Chair to expand the Treasury Department's influence over the Fed's asset operations.

Zcash (ZEC) price recently stabilized above the key support level of $400 and rebounded about 10% on Wednesday, indicating that the bullish forces are regaining control. Currently, Zcash is in a typical bullish triangle consolidation pattern, with the market watching whether it can effectively break through the upper resistance to open up a new upward space. Market data shows that Zcash price previously retreated nearly 10% from the high of $454, but after the bulls successfully held the $400 support, they quickly launched a counterattack. As of now, ZEC is around $446, a roughly 45% rebound from the December low. However, compared to the intra-year high of $723 set in November, there is still about 38% room for correction, which means that once the trend reversal is confirmed, there is still ample upward potential.

ChainCatcher News reports, according to Glonghui, HS Dent Investment Company founder Harry Dent recently warned that the most severe market crash in history will occur in 2026. Dent predicts that the current market bubble, which has lasted nearly 17 years, will burst, leading to a 90% decline in the stock market. He describes it as the worst market environment since the Great Depression, with stocks, real estate, and digital assets all trapped in a debt-driven "super bubble." Dent stated that early 2026—especially January—will be a critical period to determine whether the bubble will finally burst or if it will be extended for another year. The reason is that, based on historical experience, the strong performance of the stock market in the first week and month of January often indicates a bullish trend for the entire year; however, if January performs weakly, it will further confirm his bearish outlook. He summarized that the only assets that might "survive" are U.S. government bonds.

For years, online black markets for drugs, weapons, and illicit services operated in the shadows of the dark web, relying on Tor and complex anonymity tools. By 2025, that model has largely been replaced. Today, some of the world’s largest crypto black markets operate openly on Telegram, generating historic levels of illegal revenue with little more than messaging channels, stablecoins, and persistent account rebuilding. According to a recent analysis by blockchain intelligence firm Ellip

BlockBeats News, December 25th, according to The Data Nerd monitoring, 3 hours ago, a whale transferred 2000 ETH (worth approximately $5.88 million) to a Thai cryptocurrency exchange. In the past week, this address has transferred a total of 9700 ETH (worth approximately $28.85 million) to the exchange, with an average cost basis of about $2327, and realized profits of approximately $6.28 million.

Greeks.live macro researcher Adam posted on the X platform that more than half of the options will expire this Friday, which will lead to increased market signal noise. It is not advisable to rely on options data as trading signals in the near term. Although the trading volume of Put options accounts for 30%, this is not a bearish signal, as institutions will reposition in advance to hedge risks.

Recently, XRP prices have remained weak, attracting widespread market attention. As one of the largest institutional holders of XRP, the asset management firm Evernorth is under significant on-paper pressure. According to on-chain data analysis, Evernorth's unrealized losses on XRP holdings have exceeded $200 million, making it a typical case among institutional investors during this round of market correction. Evernorth is headquartered in Nevada, USA, and is an important player in the field of XRP institutional applications and fund management. In late October 2025, the company announced a plan to raise $1 billion to create what it calls the "world's largest public XRP fund management company." Subsequently, on November 4th, Evernorth purchased approximately 84.36 million XRP at an average price of $2.54, increasing its total XRP holdings to about 473 million.

Gate News Bot message, December 25th, according to CoinMarketCap data, as of press time, IDEX (IDEX) is currently trading at $0.01, up 17.07% in the past 24 hours, reaching a high of $0.01 and a low of $0.01. The 24-hour trading volume is $7.16 million. The current market capitalization is approximately $11.8 million, an increase of $1.71 million from yesterday. ## Important recent news about IDEX: 1️⃣ **Layer II Ecosystem Expansion Strategy Advancement** IDEX has launched a zk-EVM Layer 2 chain based on Polygon Supernets, marking a significant step forward in the project's scalability and performance optimization. This technical solution can significantly reduce transaction costs and increase transaction throughput, laying the foundation for an upgraded decentralized trading experience. Such ecosystem-level

Against the backdrop of decreased liquidity during the holiday season, US spot Bitcoin ETFs have once again experienced significant outflows. Data shows a single-day net outflow of $175 million, marking the fifth consecutive trading day of net outflows, reflecting cautious attitudes among institutional investors regarding short-term Bitcoin price movements. According to Farside Investors data, this round of capital outflows is still led by BlackRock's iShares Bitcoin Trust (IBIT), which saw a net outflow of approximately $91.4 million on that day. Grayscale GBTC and Fidelity FBTC experienced outflows of about $24.6 million and $17.2 million, respectively. Spot Bitcoin ETFs from Bitwise, Ark 21Shares, VanEck, and Franklin Templeton also saw simultaneous capital withdrawals. As a result, the total net inflow of spot Bitcoin ETFs has fallen from $62.7 billion to approximately $56.8 billion.

Hyperliquid (HYPE) has recently been under continuous pressure, with the price trend clearly weakening. Previously, when market conditions were relatively stable, HYPE approached $50, but then entered a downtrend and retreated to a stage low of around $22 within the past two months. As of now, the HYPE price is approximately $23.94, down 1.39% on the daily chart, with a weekly decline of nearly 12%, reflecting that overall market sentiment remains cautious. Against the backdrop of continued price weakness, the Hyper Foundation has chosen to intervene in the market through token burns. According to governance voting results, Hyperliquid has officially burned approximately 37 million HYPE tokens, worth over $912 million. This burn plan received about 85% support, representing a typical deflationary token economic adjustment.

Garrett Jin stated on the X platform that last week's sell-off of AI concept stocks in the US stock market was likely caused by misinterpretation by analysts. This week, the artificial intelligence sector has begun to rebound, indicating that the panic sentiment has ended. ETH has a high correlation with the Nasdaq 100 Index, which may suggest that ETH will bottom out and rebound.

In recent years, on-chain new banks have shown unexpected rapid growth in the field of crypto banking. These native blockchain financial platforms are managing assets close to the scale of traditional banks, yet they do not require physical branches, paper processes, or complex backend systems. All fund flows, account management, and transaction settlements are completed in real-time on the blockchain, unrestricted by time and location. A new digital banking model is rapidly taking shape. Unlike traditional banks that rely on multiple intermediaries and centralized systems, on-chain new banks use blockchain as the core infrastructure. Users' funds are no longer stored in bank accounts but are directly kept in personal crypto wallets, truly achieving autonomous asset management. This model significantly reduces trust costs and also minimizes efficiency losses caused by middlemen. More importantly, on-chain new banks operate around the clock, with cross-border transfers often completed within minutes. Compared to the settlement cycles of traditional banks, which can take several days, the advantages are clear.

U.S. leading CEX CEO Brian Armstrong recently publicly stated that Bitcoin is superior to gold as a currency and store of value. This view quickly sparked widespread discussion in the cryptocurrency market. As the helm of the world's largest compliant crypto trading platform, his statement is seen by many investors as a strong endorsement of Bitcoin's long-term value. Armstrong pointed out that in the digital age, Bitcoin has several structural advantages over gold. First, Bitcoin can be transferred quickly worldwide via the internet, whereas gold incurs high costs and low efficiency in storage, transportation, and cross-border circulation. Second, Bitcoin is highly divisible, with the smallest units precise to multiple decimal places, making it more suitable for daily transactions and asset allocation, whereas gold faces obvious limitations in practical division and circulation.

Offchain Labs has recently reaffirmed its strong commitment to the long-term development of Arbitrum. As the core development team of Arbitrum, Offchain Labs has purchased new ARB tokens in accordance with the previously approved plan. Meanwhile, the total security value of the Arbitrum ecosystem has surpassed $20 billion, marking an important milestone in the Layer 2 space. Against the backdrop of increasing volatility in the overall crypto market, the Arbitrum ecosystem continues to expand. An increasing number of developers, institutional investors, and DeFi users are choosing Arbitrum, due to its high scalability, low transaction fees, and highly compatible security architecture with Ethereum. Offchain Labs has directly purchased ARB tokens to provide stronger confidence backing for this growth trend.

BlockBeats 消息，12 月 25 日，据官方消息，BSC 链全链发射台 PINKPUMP 正式上线，作为链上功能领先的一站式 Web3 门户，PINKPUMP 集成多链发射台、多链 Swap、跨链服务、机器人抢新、多功能发币、一键创建 IDO、一键发布符文、市值机器人等多元功能，为用户提供全流程 Web3 服务。

ChainCatcher message, according to Arkham data, at 15:01, 115 BTC (worth approximately $10.09 million) was transferred from an anonymous address (starting with bc1q9czx6...) to two anonymous addresses, namely bc1qc8thg... (109.36 BTC) and

On December 25th, Pi Network unlocked approximately 8.7 million PI tokens as scheduled, sparking community concerns about supply changes and ecological carrying capacity. The PI token unlock coincided with increased network transactions and application usage during the holiday period, which many ecosystem participants view as a "stress test" rather than a direct market bearish signal. Pi officials and the community have repeatedly emphasized that there is currently no officially recognized public market price for PI tokens. Mechanically, this unlock is part of Pi Network's established token distribution process, related to user engagement and ecological development milestones. Although an increase in token quantity often implies selling pressure risk in other projects, Pi still operates within a closed economic system and lacks a clear exchange price discovery mechanism. Therefore, the short-term impact mainly manifests within the ecosystem rather than the external market. Community feedback indicates that the unlock process went smoothly and did not cause significant disruptions to wallets or application operations.

Gate News Bot Message, December 25th, according to CoinMarketCap data, as of press time, IR (Infrared) is currently priced at $0.16, up 26.55% in the past 24 hours, with a high of $0.31 and a low of $0.13. The 24-hour trading volume reached $58.8 million. The current market capitalization is approximately $32.7 million, an increase of $6.86 million from yesterday. Infrared is a liquidity solution protocol built on Berachain that simplifies the interaction of Proof of Liquidity (PoL), helping users participate in liquidity mining with one click. The core products of the protocol include PoL vaults, iBGT, and iBERA, which correspond to liquidity mining mechanisms, liquidity BGT tokens, and liquidity BERA staking solutions, respectively.

Before and after the Christmas holiday, US Bitcoin ETFs continued to face pressure, with institutional funds accelerating outflows. The latest data shows that over the past five trading days, US spot Bitcoin ETFs have experienced a total net outflow of approximately $825 million, making the US temporarily the largest seller of Bitcoin globally. According to Farside Investors data, on Christmas Eve, US spot Bitcoin ETFs recorded a net outflow of about $175 million again. Although Wall Street continued normal trading, institutional investors chose to reduce risk exposure before the holiday, resulting in continued negative fund flows into Bitcoin ETFs. Since December 15, except for brief positive turns on some trading days, most of the time has seen capital outflows.

On December 24th, against the backdrop of the Christmas holiday approaching and declining market liquidity, Bitcoin and Ethereum spot ETFs experienced another round of capital outflows. As traders' risk appetite decreases and holdings become more conservative, the flow of funds related to crypto asset ETFs faces temporary pressure. According to SoSoValue data, the total net outflow from Bitcoin spot ETFs on that day was approximately $175 million. Among them, BlackRock's IBIT became the product with the largest single-day capital outflow, with a net outflow of about $91.37 million; Grayscale's GBTC followed closely, with a net outflow of approximately $24.62 million. Overall, mainstream Bitcoin ETFs faced varying degrees of selling pressure before the holiday, reflecting institutional investors' tendency to reduce exposure ahead of the holiday.

Despite continued decline in investor participation and a significant pullback in the price of Worldcoin (WLD), well-known crypto venture capital firm Multicoin Capital still chose to increase its holdings against the trend. According to on-chain data, Multicoin Capital recently purchased 60 million WLD tokens directly from the Worldcoin project team through over-the-counter (OTC) trading, signaling the institution's long-term optimism for the biometric identity sector. On-chain analysis platform Lookonchain discovered that a wallet address believed to be associated with Multicoin Capital transferred 30 million USDC to the Worldcoin team and subsequently received 60 million WLD tokens. This indicates that the institution did not accumulate in the open market but instead opted for large-scale direct transactions with the project team to reduce impact on secondary market prices. This move occurred amid a noticeably weakening market sentiment for WLD, making it particularly noteworthy.

Gate News Bot message, December 25th, according to CoinMarketCap data, as of press time, XRP (XRP) is trading at $1.87, up 1.51% in the past 24 hours, with a high of $1.95 and a low of $1.77. The 24-hour trading volume reached $1.583 billion. The current market capitalization is approximately $113.425 billion, an increase of $16.87 million from yesterday. The XRP Ledger is a blockchain built for business, a decentralized public chain led by a global community of enterprises and developers. The blockchain has proven reliable for over ten years, with no failures, offering a smooth development experience, low transaction costs, high performance, and sustainability. The XRP Ledger supports thousands of transactions per second, with transaction fees costing only a few cents, and has a record of over ten years of uninterrupted, error-free performance.

BlockBeats News, December 25 — According to Coinbob's popular address monitoring, the "Shanzhai Air Force Leader" has recently been continuously adjusting its short positions, shifting from a focus on shorting to a defensive stance. It has recently closed short positions on multiple tokens including ASTER, UNI, and PUMP, and used the released margin to buy HYPE spot and open additional short positions for hedging. The hedge position has increased to approximately $7.8 million. Additionally, this address has completely cleared its holdings in MON, ZEC, TRUMP, and other tokens within this week, and withdrew about $2 million 24 hours ago. Currently, its total holdings amount to approximately $23.08 million. Besides the HYPE hedge portfolio, it mainly holds ETH short positions (about $4.94 million), ASTER short positions (about $3.78 million), and UNI short positions (about $30 million).

Although the capital inflow into XRP spot ETF continues to grow, the price performance remains sluggish, and the market shows clear divergence. As of recent, the total assets held by XRP ETFs have surpassed $1.25 billion, indicating that institutional investors' demand for XRP allocation is still increasing. However, the XRP price has fallen back to around $1.86, encountering selling pressure during the rebound, reflecting that short-term trading sentiment remains cautious. From a capital perspective, in the past few trading days, XRP ETF has added approximately $8.19 million, continuing the stable inflow trend. This phenomenon aligns with the current overall logic of institutional participation in the crypto market: rather than directly chasing spot volatility, more funds are choosing to make medium- to long-term allocations through compliant and transparent ETF products to reduce custody, compliance, and operational costs. In the context of ample liquidity and gradually clearer regulatory expectations, ETFs have become the main channel for institutions to allocate XRP.

Odaily Planet Daily reported that according to Castle Labs statistics, L1 tokens have generally performed poorly this year, including: TON down 73.8%, AVAX down 67.9%, SUI down 67.3%, SOL down 35.9%, ETH down 15.3%, HYPE down 6.5%, with only BNB and

After several weeks of continuous decline, the Boundless (ZKC) price suddenly strengthened, soaring approximately 30% within 24 hours, quickly attracting market attention. This Boundless price forecast indicates that this round of increase is more like a phase correction rather than a typical "pump and dump." Against the backdrop of a cumulative retracement of over 80% after TGE, ZKC's rebound is seen by many investors as a technical correction after overselling. From a fundamental perspective, ZKC's current circulating market cap is about $27 million, but the daily trading volume has exceeded $90 million, with significantly increased transaction activity, indicating a clear rise in short-term capital interest. This "low market cap + high transaction volume" structure often implies that price volatility remains relatively high.

On December 25th, Solana (SOL) price continued to face pressure, failing to quickly recover after breaking below a short-term key support level, and market sentiment has clearly become more cautious. Although the Solana ecosystem is still advancing infrastructure and application expansion, the current market is more driven by liquidity and leverage structures rather than fundamental narratives. From a price structure perspective, SOL has recently been oscillating within the range of $122 to $145. Multiple rebounds have failed to attract sustained buying, leading to increased selling pressure at higher levels. Traders are more inclined to engage in short-term trading around liquidation zones rather than chasing trend-based rallies.

Recently, the price of Pippin (PIPPIN) has been continuously strengthening, attracting significant market attention. An unusual phenomenon is that despite many traders attempting to short PIPPIN, the cryptocurrency price continues to rise, forming a clear short squeeze pattern. This has also become a key factor driving the short-term upward trend. From an on-chain perspective, the price movement of Pippin is not "natural." Bubblemaps data shows that only about 93 wallets control 80% of the PIPPIN token supply, with highly concentrated holdings, making the price more susceptible to influence from a small amount of capital, significantly increasing volatility risk. At the same time, over the past few months, neither the project team nor its official X platform account has made any substantial updates, with fundamental information noticeably lacking.