The health-care and bitcoin treasury firm has six months to lift its share price above $1 for 10 consecutive days.
Crypto's 24/7 trading has influenced investor expectations, with Nasdaq acknowledging that many of its clients are already active overnight.
Nasdaq and MOVE index patterns warrant caution for BTC bulls.
Chipmaker Broadcom's 10% slide weighs on the market as Chicago Fed's Goolsbee signals more cuts than the median for 2026.
BNY, Nasdaq, iCapital and S&P Global invested in Digital Assets, powering blockchain infrastructure for tokenized real-world assets.
XRP and BTC trade close to make-or-break levels while Nasdaq's November price action raises pullback risks.
Bitcoin may be closing in on a new all-time high after moves in the derivatives market and fresh buying from large holders, according to market watchers and on-chain data. Related Reading: Crypto Wins Big: Thailand Moves To A 0% Tax On Local Exchange Gains Max Keiser, a long-time Bitcoin advocate, pointed to a filing by Nasdaq to increase options limits for BlackRock’s IBIT to 1 million contracts — a jump that represents roughly a 40x expansion from prior levels — as a key development that could remove barriers to bigger institutional flows. Options Market Expands Significantly According to Nasdaq paperwork and public commentary, the previous 25,000 contract cap had been seen by some as too small for rising volume. Market experts argued that earlier limits were “discriminatorily small” and suggested that 400,000 contracts would be a more reasonable baseline given current demand. Some described the change as a move that could place IBIT into a mega-cap derivatives category, unlocking follow-on effects for how banks and funds structure exposure to bitcoin. I first explained this in 2017: Now that BTC derivatives market was just expanded by 40x New ATH’s are in play. **November 2, 2017** Max Keiser first discussed Bitcoin market makers needing to expand their inventory to support higher prices in this X post: “Wall St traders… https://t.co/aBQ5DdSDay — Max Keiser (@maxkeiser) November 27, 2025 Banks And Market Makers React Market makers will be able to hedge larger positions without hitting the old size wall, which can lower spreads and deepen available liquidity. Based on reports, that also means banks can build structured notes that use IBIT as a reference without tripping existing risk caps — and JPMorgan is reportedly preparing Bitcoin-backed structured notes that would track BlackRock IBIT. Those products could channel steady, institutional flows into the market rather than one-off spikes. On-Chain Buyers Step In According to Glassnode’s Accumulation Trend Score by cohort, holders of 10,000 BTC or more have flipped to net accumulation and now show a score of 0.8, signaling strong buying. The 1,000 to 10,000 BTC group has also turned positive for the first time since September, while the 100 to 1,000 BTC cohort has been in active accumulation since October and continued buying through recent declines. Even retail holders with less than 1 BTC are showing their strongest accumulation since July. Price Action And Value Zones Bitcoin’s price behavior supports the buying narrative. The token fell into the low $80,000 area that served as support in May and then climbed back above $90,000 quickly, which many traders took as a sign that the market sees value in the $80,000 zone. Based on reports, the average cost basis for US spot bitcoin ETFs was near $82,000, and that figure has been cited as a reason institutions found the dip attractive. Related Reading: Bitcoin Faces More Downside After Recent Crash, Data Shows Market Risks And Short-Term Noise Keiser had warned previously that when size limits blocked hedging, the market would be prone to pullbacks — and some analysts say that is part of the reason for recent volatility. Expanding the options cap allows volume sellers to enter more smoothly, which could reduce erratic swings but will not erase market risk. Price spikes are still possible and downside moves remain a real threat if flows slow or macro conditions shift. Featured image from Gemini, chart from TradingView
On Nov. 26, Nasdaq’s International Securities Exchange quietly triggered one of the most important developments in Bitcoin’s financial integration. The trading platform asked the US Securities and Exchange Commission (SEC) to raise the position limit on BlackRock’s iShares Bitcoin Trust (IBIT) options from 250,000 contracts to one million. On the surface, the proposal looks procedural. […]
The post BlackRock’s IBIT is graduating to mega-cap options — opening the door to bank-grade products in your brokerage appeared first on CryptoSlate.
The deal between Upbit and Naver was reported in September, with suggestions that the former's parent Dunamu would be brought under Naver's financial arm.
In the turbulent and often unpredictable world of financial markets, asset correlations can dictate fortunes, creating either synergistic gains or painful downturns. Bitcoin is once again proving its resilience as it navigates a difficult period of negative market correlation. How Macro Pressure Failed To Break Bitcoin Market Structure Bitcoin is dealing with one of the most frustrating correlations in the market and is still surviving. CryptosRus has noted on X that BTC and Nasdaq are moving together, but BTC is reacting more to drops than to pumps. Wintermute pointed this out in their latest market report, and it’s exactly the type of pattern you normally see near macro bottoms, not near the top of a cycle. Related Reading: Why Is Bitcoin Price Crashing? Arthur Hayes Isn’t Surprised The incredible part of this trend is that BTC has already hit multiple all-time highs (ATHs) this year. BTC is still trading roughly 25% off the peak while carrying a correlation dynamic that shows how strongly it has been holding upward. It’s becoming increasingly clear that Bitcoin is on track to close the CME gap today, and the broader market context supports that move. The CIO and founder of MNFund and MNCapital, CryptoMichNL, has offered insight into crypto sentiment using the Fear and Greed Index, which shows an impression of the current state of the market comparable to previous occasions. This index is currently sitting at a 14 out of 100 level. The last time this level occurred was February 2025, right before BTC delivered a 20% decline in a month, and in June 2022, which marked a low during the Luna collapse. This shows exactly what the current market structure is, a pattern that doesn’t last long. CryptoMichNL concluded that it feels brutal when the broader crypto market and BTC are crashing simultaneously, but these phases do not last forever. That’s why patience is the most profitable strategy. Trend Reversal Strengthens As Price Moves Toward Support Zones Bitcoin is now moving directly into two major liquidity pockets, and these zones are likely to act as short-term support as the market searches for direction. An analyst known as Stockmoney Lizards has revealed that the BTC liquidation heatmap is signaling a heavy cluster of long liquidations between $80,000 and $90,000. Related Reading: Bitcoin Slides Deeper Into Red, Extending Decline Toward Key Support Zones At the same time, there is a CME true gap between the $92,000 and $92,500 region with no wicks. Meanwhile, BTC has already broken below the weekly supertrend and the weekly EMA50, confirming that momentum hasn’t flipped and BTC is still in a correction phase. Stockmoney Lizards noted that from here, the $90,000 is the natural bounce zone, and we will see if the bounce will manage to ignite a breakout to the upside, or if BTC can continue sliding toward the mid-$80,000 range. Featured image from Pngtree, chart from Tradingview.com
Canary’s spot XRP Exchange-Traded Fund (ETF) has surpassed most of the experts’ predictions, and it is currently on track to see a record-breaking debut after registering strong institutional demand on its first day. Related Reading: Winklevoss Twins Back Zcash (ZEC) Treasury Company With $58M Investment First Spot XRP ETF Begins Trading On Thursday, the first single-token XRP spot ETF began trading on Nasdaq, smashing the initial performance expectations of multiple experts after clearing the last regulatory hurdles this week. Following the launch of Canary Capital’s spot XRP ETF (XRPC), the investment management firm asserted its conviction that “XRP Ledger represents a leading framework for global payments — purpose-built for interoperability and real-world settlement.” Notably, Canary Capital recently completed its 8-A filing for its XRPC ETF with the US Securities and Exchange Commission (SEC) and received the stock exchange’s green light on Wednesday afternoon. The Thursday launch comes amid the end of the US Government shutdown, which officially lasted 43 days and was forecasted to delay the long-awaited Altcoin ETFs until its conclusion. For context, the SEC was expected to approve multiple crypto-based investment products between early October and November, after the regulatory agency postponed the decision deadline in Q3 and released new generic listing standards for the products. However, the second wave of crypto-based investment products arrived despite the government setback, with the first set of ETFs launching over two weeks ago. On October 28, Canary Capital’s spot Litecoin and Hedera ETFs and Bitwise’s Solana Staking ETF (BSOL) began trading after filing 8-A forms with the SEC. As crypto journalist Eleanor Terret explained, the launch was possible because an open government wasn’t required to continue the process, and the 8-A filings are “just as important” as the S-1 forms, since they register ETF shares under the Securities Exchange Act of 1934. Canary’s XRPC To Challenge BSOL’s Debut Ahead of the launch, multiple experts predicted that Canary’s spot XRP ETF could see strong demand and reach between $15 million and $35 million in volume on its first day. Senior ETF analyst at Bloomberg, Eric Balchunas, initially suggested that the investment product could hit $17 million in volume. Following the first half-hour, the XRP ETF saw $26 million in volume, the analyst noted, breaking past his original expectations. As a result, Balchunas suggested that the XRPC had a “good shot” at surpassing BSOL’s first-day volume and becoming the biggest ETF launch of 2025. As reported by NewsBTC, Bitwise’s SOL Staking ETF recorded an impressive volume of $10 million in the first 30 minutes of trading, which surged to $33 million by the half-day mark. The investment product closed its first day with around $57 million in volume, beating all other launches of this year. Related Reading: SUI Eyes Key Retest As Price Breaks Out Of Downtrend – Rally To $3 Ahead? In the afternoon, analyst James Seyffart noted that Canary’s XRP ETF had recorded around $46 million in volume by the half-day mark, with a few more hours of trading ahead. The analyst initially suggested that XRPC could see around $34 million in volume on day one. “This is almost guaranteed to be near the top of the list for 2025 launches and still has a shot at beating $BSOL for the top spot,” Seyffart concluded. As of this writing, XRP trades at $2.30, a 3.3% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Some analysts expect XRP to climb sharply from its current price of $2.39. According to posts on X by a popular analyst known as Egrag Crypto, the coin is trading at the bottom of a descending triangle and could stage a strong rally in the coming weeks. Related Reading: Could Shiba Inu Triple? Analyst Sees 200% Move Coming Analysts Point To Historical Setups According to Egrag, two earlier runs give the pattern some weight. He compared the present chart to moves in 2017 and 2021. Back then, XRP went from $0.097 to $3.84 across a roughly three-month span around 2017–2018. In 2021, it rose from below $0.45 to above $1.90 in two monthly candles. Based on those moves, he expects a comeback within four to six weeks and projects gains of about 300% to 1,400% from today’s price. #XRP – ⚔️ Weakness? Or Just Testing the Faith of Bulls? ???? Lately, I’ve seen many #XRP Bulls turning #Bearish ????, frustrated by the sideways chop and the boring price action. They say things like “I see weakness on the HTF.” Let me tell you what I see ????️????️: I see traders… pic.twitter.com/5WTibse9r7 — EGRAG CRYPTO (@egragcrypto) November 11, 2025 “Mark my words: XRP will usually melt faces within 4–6 weeks, and history backs it up with evidence,” Egrag, who put a target range of $10 to $37 for this cycle, said. “I see traders chickening out, scared to lose their 10x gains. And that’s fine , protecting profits is smart,” he added. Other market voices have echoed parts of that view, reposting Egrag’s chart and wrote that XRP is “busy testing bulls’ faith.” ETF Filing Moves Forward Meanwhile, according to filings and reporting, Canary Capital has taken a key step toward launching a spot XRP ETF in the US. The firm filed a Form 8-A, a move that, once Nasdaq signs off, would let the fund list its shares. Crypto reporter Eleanor Terrett said the filing will become effective at 5:30 p.m. ET once Nasdaq certifies it, and trading is set to start when US markets open on Thursday, November 14, 2025. That development matters because an ETF can make an asset easier for many investors to buy. It does not mean prices will automatically skyrocket. It does mean more attention, and that can change market behavior in ways that are hard to predict. ????NEW: @CanaryFunds has filed its Form 8-A. This is the final step before it goes effective at 5:30 PM ET Wednesday once the Nasdaq certifies the listing. When that happens, the last hurdle is cleared and the first $XRP spot ETF will be set to launch Thursday at market open. pic.twitter.com/mXvkrrXbiJ — Eleanor Terrett (@EleanorTerrett) November 11, 2025 Short-Term Data And Market Tone At press time, XRP was trading around $2.39, down about 3% over the last 24 hours. Technical traders focus on where the price sits inside the triangle pattern and watch volume for confirmation of a breakout. Related Reading: XRP ETF Canary Takes Flight: 8-A Filing Clears Path To Nasdaq Listing Some see the structure as a setup for a large move either way. Others point out that the market environment today is not the same as in 2017 or 2021, given bigger trading volumes and different regulatory factors. The ETF timing adds a new element to watch. If Nasdaq approves Canary Capital’s Form 8-A as reported, the first spot XRP shares could start trading on Thursday. Markets often react to such milestones, but how big that reaction will be is unknown. Featured image from Gemini, chart from TradingView
Speculations across the crypto space have ignited a wave of excitement for the XRP price as rumors linking BlackRock, the world’s largest asset manager, and Ripple, a crypto payments company, continue to spread. The possibility of XRP reaching $1,000 before the end of 2025 has become the latest hot topic, fueled by bold claims from top analysts who believe that this rumored partnership could set the stage for one of the most explosive bull runs in this cycle. BlackRock And Ripple Rumors To Send XRP Price To $1,000 Crypto market analyst ‘The Real Remi Relief’ has stirred significant interest with his post on X social media, claiming that if ongoing rumors about a potential partnership between BlackRock and Ripple prove true, the XRP price could reach $1,000 by the end of 2025. He advised holders to secure their XRP in cold wallets and prepare for a potential market-wide supply shock. Related Reading: Valuation Model That Puts XRP Price Above $18,000 Stuns Community His optimism stems from reports shared by another well-analyst @DelCrxpto, who revealed that sources deep within the crypto industry are hinting at a major development involving BlackRock and Ripple. According to these claims, the global asset manager may be preparing to collaborate with Ripple to establish infrastructure for the tokenization of all $5.3 trillion of its ETF liquidity. If such an initiative were to materialize, it would represent one of the largest integrations of blockchain into global finance. Ripple’s network, designed for fast and cost-effective asset transfers, could provide the foundation for tokenized ETFs, potentially transforming traditional investment markets. Additionally, the crypto payments company, which is already expanding into the Real-World Asset (RWA) tokenization sector, will broaden its technology and services to support a broader range of financial products. The possibility of such a partnership has reignited optimism within the XRP community, especially after the recent Ripple Swell event, which featured participation from prominent names including BlackRock, Nasdaq, Franklin Templeton, The White House, and several other global institutions. Related Reading: Pundit Elaborates On Ripple/SWIFT Theory That Will Send The XRP Price To $1,000 Notably, an ETF tokenization deal between Ripple and BlackRock could elevate XRP’s role in the digital asset and financial ecosystem, driving institutional adoption, which could propel its price. Despite growing optimism about XRP’s price outlook, the rumors remain unconfirmed, and neither Ripple nor BlackRock has issued any official statement. XRP Expected To Explode Within The Next 3 Months Market analyst @Steph_iscrypto has added fuel to the bullish excitement surrounding the XRP price with a technical analysis suggesting that the cryptocurrency could soon enter another parabolic phase. He announced in his X post that “XRP will shock everyone in the next 1-3 months.” His accompanying weekly chart highlights bull rallies from past cycles, where XRP surged 2,117% in 2013, 110,466% in 2017, and 1,208% in 2020. Building on this trend, XRP has recently broken through a long-term resistance level, mirroring the early stages of its previous explosive bull cycles. If historical patterns repeat, the analyst suggests that the cryptocurrency could be on the verge of another explosive bull run this cycle. Featured image from Freepik, chart from Tradingview.com
Ripple’s Swell 2025 conference in New York has quickly become one of the most talked-about events in the crypto and finance world. Among the highlights was a statement from Maxwell Stein, a member of BlackRock’s digital assets team, that sent the audience into applause and resonated with enthusiasts on social media. He revealed that the global financial market is now ready for large-scale blockchain adoption, and the infrastructure being built by companies like Ripple could soon facilitate the movement of trillions of dollars on-chain. BlackRock’s Maxwell Stein Says The Crypto Market Is Ready During his session, Stein highlighted the transformation underway in global finance, noting that traditional securities are still held in legacy systems but that this separation between traditional and tokenized assets is gradually disappearing. Related Reading: Ripple Just Launched A Game-Changing Service In The US Leveraging XRP And RLUSD He explained that in the short term, proving utility is the most important thing to gaining broader adoption and that there are currently two types of users driving this shift: those already in the crypto space and a second wave of early institutional adopters. Stein emphasized the need for continued market momentum to demonstrate the practical usefulness of blockchain solutions and attract larger financial players. “We need that market momentum in order to prove the utility, to actually get the larger players to eventually come in,” he said. As noted by an XRP advocate with the name Diana on the social media platform X, Stein credited Ripple and other early builders for proving that blockchain works. Not as a concept, but as real financial infrastructure. The idea that trillions in capital could eventually move through blockchain rails represents a fundamental change in how the world’s financial systems might operate. The idea sounded like a myth back when the crypto industry was first created. What once seemed like a distant fantasy in crypto’s early days has begun to take shape as reality, and big names like traditional finance are now moving into the crypto industry every day. Nasdaq’s CEO Says Regulation Is Important Nasdaq CEO Adena Friedman also shared her perspective at the event, focusing on the need for regulatory clarity to encourage broader institutional participation in the digital asset space. She explained that major institutions want to engage but require clearly defined rules that prioritize investor protection and establish stable frameworks. Related Reading: Pundit Elaborates On Ripple/SWIFT Theory That Will Send The XRP Price To $1,000 According to her, once such clarity is achieved, these institutions can confidently enter the market knowing that they are operating under secure and transparent guidelines. Friedman added that significant progress is already happening within traditional finance, as many banks are experimenting with tokenized bonds, fixed income instruments, and the creation of stablecoins. This growing involvement is evidence that institutions are not waiting for innovation to reach them. They are actively finding ways to participate in the digital asset ecosystem while awaiting the full regulatory go-ahead. “But I think to get them really engaged in the market, there has to be regulatory clarity,” Friedman said. Featured image from Peakpx, chart from Tradingview.com
Friedman sees post-trade streamlining, collateral mobility and better payments as key blockchain breakthroughs.
Evernorth has emerged as the latest powerhouse in institutional crypto accumulation, closing in on its ambitious XRP treasury goal. In just a few days, the firm has reached 95% of its accumulation target, marking a major milestone in XRP’s journey toward broader institutional adoption. The rapid growth of Evernorth’s reserves and its strategic partnerships has sparked renewed excitement across the XRP community, signaling what could be a pivotal shift in how institutions engage with the cryptocurrency. Evernorth Nears $1 Billion In XRP Holdings A new report from CryptoQuant has revealed that Evernorth’s XRP holdings is now nearing the $1 billion funding milestone, positioning it among the top institutional holders of the cryptocurrency. According to JA Maartunn, a community analyst at CryptoQuant, Evernorth currently holds 388,710,606.03 XRP, reaching 95% of its $1 billion target. Related Reading: Rumors Circulate That Ripple Is Buying $1 Billion Worth Of XRP — Here’s What We Know The company’s total XRP treasury is now valued at approximately $947,183,571, with unrealized profits of roughly $46 million generated in four days. This figure reflects an average purchase price of $2.44 per XRP, which Maartunn believes could become a defining price level for the cryptocurrency’s market trajectory. Notably, Evernorth’s XRP treasury comes amid a broader trend of institutional diversification toward digital assets. Earlier this year, several major crypto treasury institutions—most notably Strategy, with its aggressive Bitcoin accumulation strategy, and The Ether Machine, with its dedicated focus on Ethereum—set the tone for large-scale crypto accumulation. Evernorth’s expanding holdings signal a decisive shift beyond BTC and ETH, underscoring a maturing institutional demand for alternative layer-1 assets. It also suggests that XRP may become the next frontier for institutional treasuries seeking exposure to high-liquidity, regulated crypto assets. Evernorth’s XRP Growth Strategy Asheesh Birla, the CEO of Evernorth, introduced the treasury company last week, on October 20, through an X post. He described it as an institutional vehicle built to propel XRP’s global adoption. The announcement detailed the company’s plans to go public through a SPAC merger with Armada Acquisition Corp II (NASDAQ:AACI), targeting gross proceeds of more than $1 billion. Related Reading: XRP Price Teleport To $6: What Happens When The Euphoric Phase Begin Evernorth’s growth strategy includes acquiring XRP through innovative financial structures designed to maximize XRP per share and expanding internationally into key markets like Japan and South Korea. The company also plans to diversify its yield generation through risk-mitigated treasury deployment. These initiatives reflect a deliberate, structured approach toward building a long-term institutional presence around XRP. Ripple CEO Brad Garlinghouse has also praised Birla’s initiative, noting Ripple’s partnership and investment alongside prominent firms such as SBI Holdings, Pantera Capital, Kraken, GSR, and Rippleworks. Garlinghouse said that Evernorth’s participation in institutional lending, liquidity provision, and DeFi yield opportunities will be instrumental in expanding XRP’s utility. Ripple’s CTO, David Schwartz, who joins Evernorth as a strategic advisor, echoed this sentiment, expressing enthusiasm for building scalable opportunities for XRP across DeFi and capital markets. Featured image from Adobe Stock, chart from Tradingview.com
Bitcoin is currently trading at a roughly 30% discount compared to its Nasdaq 100-implied fair value. While any high-conviction Bitcoiner already knows how cheap the asset is right now, this ratio highlights the knock-down BTC price in proportion. And it’s a divergence that has historically implied a deep undervaluation. According to data from ecoinometrics, based […]
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The proposed rule change relies on Nasdaq's vague understanding of how the Depository Trust Company (DTC) would handle post-trade settlement for these tokens.
The Dogecoin price has received a major boost following House of Doge’s announcement of its plans to list on the Nasdaq. The firm revealed that the deal is backed by $50 million, suggesting it could inject fresh liquidity into the Dogecoin ecosystem. Dogecoin Sees Fresh $50M Liquidity As House of Doge Secures Nasdaq Listing In a press release, House of Doge announced that it has secured a Nasdaq listing through a merger with Brag House Holdings, a deal backed by over $50 million in investment capital, which is a positive for Dogecoin. Brag House will acquire House of Doge in a reverse takeover transaction, which is subject to approval from both companies’ boards of directors. Related Reading: The Historical Performance That Says Dogecoin Price Will Hit $11.71 By End Of Year House of Doge, the commercial arm of the Dogecoin Foundation, noted that this proposed merger will advance mainstream Dogecoin adoption and institutionalize the meme coin’s utility. The firm also highlighted how it boasts 837 million DOGE within its framework, representing the largest institutional Dogecoin holdings in the global crypto ecosystem. House of Doge has already built an institutional foundation for the Dogecoin ecosystem through its partnerships with 21Shares, Robinhood, and CleanCore Solutions. The firm played a key role in helping CleanCore set up its Dogecoin treasury. Now, the firm is looking to deepen the push for the institutional adoption of DOGE and has secured $50 million to boost the meme coin’s ecosystem. House of Doge revealed that it plans to use this capital to lay the foundation for a “scalable, transparent, and yield-producing Dogecoin economy” for both institutional investors and the DOGE community. The firm also confirmed that the newly combined entity will hold a “significant amount of Dogecoin within its framework,” indicating that some of the capital it secured will be used to purchase DOGE. Catalyst For A DOGE Rally The House of Doge’s proposed merger could serve as one of the catalysts for an explosive Dogecoin rally to new highs. The firm has outlined several ways it plans to boost DOGE’s institutional adoption, which could spark more institutional inflows into the meme coin’s ecosystem. Related Reading: Broadening Wedge Could Send Dogecoin Price Flying, But Watch These Key Factors Notably, this comes amid the imminent launch of the Dogecoin ETFs, which are expected to drive fresh liquidity into DOGE. Crypto analyst The Historical Performance That Says Dogecoin Price Will Hit $11.71 By End Of Year, that the meme coin could rally to as high as $0.6533 even as the institutional catalysts line up for Dogecoin. From a technical perspective, the analyst stated that DOGE’s uptrend remains intact and that, as prices hold above a major resistance trendline, the target remains $0.6533. He added that the uptrend can spark a run of over 200% to reach this target. At the time of writing, the Dogecoin price is trading at around $0.2, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com
The sudden and violent market correction triggered by geopolitical shockwaves served as an unprecedented stress test for the entire cryptocurrency ecosystem, exposing critical differences in network architecture. While the multi-billion-dollar liquidation event sent prices plunging across the board, Solana demonstrated remarkable resilience, whereas the Ethereum network and liquidity thinned during the peak volatility. Why Solana High-Performance Design Continues To Shine In an X post, the Nasdaq-listed go-to Solana Digital Asset Treasury (DAT), DefDevCorp, has revealed that when the largest liquidation event in crypto history hit last Friday, most of the market froze, and Ethereum stumbled. However, Solana didn’t flinch, powering through one of the most chaotic trading sessions ever recorded. Related Reading: Solana Shines Bright: Network Excels Amid Largest Crypto Liquidation Event At the peak of volatility, Solana sustained 1,225 transactions per second, finalized blocks in just 350 milliseconds, and saw transaction fees briefly rise to $0.25 before normalizing below $0.01. Meanwhile, ETH’s infrastructure buckled under demand as the network struggled to process beyond 26 TPS. Its block times extended to 15 seconds, and saw average gas fees explode to $616, effectively locking out users and rendering the chain unusable during the crisis. ETH became unreliable, impractical, and effectively unusable during the chaos. As DefiDevCorp noted, when users are priced out and transactions can’t clear, the network might as well be offline. In moments of high load, the core promise of a blockchain to remain accessible, affordable, and reliable must hold. However, after nearly 20 months of uninterrupted uptime, weathering its busiest moments, it’s abundantly clear that SOL’s continued upgrades and optimizations have paid off dramatically. DefiDevCorp concluded that no other chain currently comes close to handling global value transfer at this scale, under such extreme conditions, with the same level of performance. The takeaway from the firm’s post is that only SOL stays fast, cheap, and usable, even when global markets melt down. Why SOL Price Doesn’t Match Its Reliability A Researcher at alphapleaseHQ and Advisor at KaminoFinance, Aylo, has also mentioned that he had assets and Decentralized Finance (DeFi) positions open on both Solana and Ethereum when the crypto market collapsed last Friday. During this time, he had zero issues using the SOL network, while the ETH network was unusable due to the costs, which often led to market crashes, and the Rabby wallet also went down. Related Reading: No Chain Comes Close: Solana Leads With 2.5x Ethereum’s Revenue Aylo added that the ETH maxis should be much angrier about the performance of their L1. With this development, SOL continues to prove it’s the most performant and reliable blockchain under real-world pressure that we have in crypto. He pointed out that SOL’s valuation doesn’t reflect the resilience it is proving in the digital world. Featured image from Adobe Stock, chart from Tradingview.com
AVAT aims to raise $1 billion to build an AVAX treasury and list on Nasdaq in early 2026, offering institutions discounted exposure to the network.
SOL Strategies Inc., the company that grew out of Cypherpunk Holdings, made its Nasdaq debut this week under the ticker STKE. According to reports, the move converts the company’s Canadian listings into a US trading venue and gives American investors direct access to a firm that holds a sizable Solana treasury. Related Reading: Institutional Adoption Rises: 21X Brings Chainlink Into Europe’s Tokenized Securities Market The firm’s SOL holdings were valued at roughly $83 million–$94 million around the time of the listing, and SOL token prices were trading in the $214–$220 range as markets reacted. Nasdaq Debut And Trading Volatility According to market watchers, STKE opened around $12.85 on Nasdaq before tumbling to roughly $8.18 in early trades, showing heavy volatility in the first session. The company still maintains a presence in Canada, where it trades as HODL on the Canadian Securities Exchange, and its OTCQB shares (CYFRF) are being migrated into the Nasdaq listing. Reports have disclosed that the early price swings were driven by speculative flows and the usual market churn that follows a high-profile uplisting. A Bigger Picture On Holdings SOL Strategies has been built as a Solana-focused treasury and operational group. It runs validators, takes part in staking, and invests in projects inside the Solana ecosystem. The company’s holding size puts it among notable North American SOL treasuries, though some peers hold far more. For example, coverage shows Upexi Inc. holds about 1.9 million SOL, which was valued at roughly $319 million, while DeFi Development Corp holds about 1.18 million SOL, worth about $198 million at market rates cited in reports. Market Reaction And Investor Interest According to market coverage, the Nasdaq listing gave SOL Strategies fresh visibility and attracted both retail traders and institutional curiosity. The share-price swings were large enough to draw headlines, and trading volume spiked as investors weighed the risks and rewards of a treasury-backed crypto firm now trading on a major US exchange. Some traders treated STKE as a way to get indirect exposure to SOL, while others saw it as a pure equity play in a niche operator. Related Reading: Bitcoin Jumps Past $114K As Markets Eye Fed Easing After PPI Report Regulatory And Competitive Issues SOL Strategies is smaller than several competitors, raising questions about scale and sustainability if SOL volatility returns. Regulators and market watchers will likely keep a close eye on how crypto treasuries are presented to investors, and on disclosures about staking, validator income, and treasury management. Featured image from Google Images, chart from TradingView
The Nasdaq has filed a proposed rule change with the SEC to list tokenized stocks, marking a significant integration of blockchain technology into traditional finance (TradFi). Market experts have predicted that XRP is one of the crypto assets that stand to benefit massively from this move. Nasdaq Files To List Tokenized Stocks Nasdaq has filed with the SEC to allow investors to trade tokenized stocks on its platform. The exchange has proposed that these securities could be traded in either their traditional form, without using blockchain technology, or in their tokenized form, utilizing blockchain technology. Furthermore, the platform proposes that shares of these tokenized securities should be traded in the same order book as the traditional ones and with the same execution priority. Related Reading: Analyst Predicts The XRP Price If 10% Of Global Assets Are Tokenized Meanwhile, Nasdaq proposes that the market participants who wish to clear and settle their trades will note their preference by selecting a flag that the exchange will designate for this purpose. When the market participant selects the tokenized flag, Nasdaq will then communicate this to The Depository Trust Company, which is in charge of clearing trades. This move means that blockchain networks, such as Ethereum, Solana, and the XRP Ledger (XRPL), could experience increased adoption as companies transition to tokenizing their stocks. Notably, Galaxy Digital, last week, became the first Nasdaq-listed company to tokenize its common stock on Solana. Experts such as Tom Lee have made a case for why Ethereum will be the go-to platform for companies to tokenize their stocks on. Meanwhile, Solana and the XRP Ledger (XRPL) also stand out due to their speed and cost-efficiency. Solana recently passed the Alpenglow upgrade proposal, which will reduce transaction finality. Meanwhile, the XRPL has introduced new compliance amendments, which will incentivize institutions to adopt the network. All Tokenized Assets Will “Route Through XRP” In an X post, Versan Aljarrah, the founder of Black Swan Capitalist, commented on Nasdaq’s filing to list tokenized stocks and declared that all tokenized assets will eventually route and settle through XRP as the bridge currency. He added that this means trillions in value will move on-chain, possibly through the XRP Ledger. Related Reading: Pundit Warns XRP Investors Not To Sell Their Tokens In The Next 3 Months Aljarrah reiterated that all value flows through XRP. Notably, crypto analyst Costa recently predicted that the XRP price could reach $473,214 if 10% of global assets get tokenized on the XRPL. This came as Ripple predicted that 10% of global assets will be tokenized by 2030. Ripple has so far made great strides in its tokenization push, although no notable stock has been tokenized on the XRPL as of yet. However, it is worth noting that Ondo Finance’s tokenized U.S. Treasuries fund is integrated on the XRPL. At the time of writing, the XRP price is trading at around $2.95, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com
Reuters reported Nasdaq will invest $50 million in Gemini’s IPO, giving the exchange both capital and service links ahead of its planned Nasdaq listing.
Nasdaq is seeking regulatory approval to introduce tokenized versions of stocks and exchange-traded funds (ETFs) onto its existing trading platform. On Sept. 8, Tal Cohen, Nasdaq’s president, outlined the vision in a LinkedIn statement, explaining that the plan is designed to capture the efficiency gains of tokenization while preserving investor rights and market safeguards built […]
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Nasdaq filed a rule change to allow tokenized versions of listed stocks and ETFs to trade on the order book used by traditional shares.
The leading U.S. exchange for technology giants is moving toward blockchain-based listing and trading of stocks, filing a request with the SEC to pursue it.
The leading U.S. exchange for technology giants is moving toward blockchain-based listing and trading of stocks, filing a request with the SEC to pursue it.
The Nasdaq’s surge in value is breaking records, with a market cap relative to the U.S. M2 money supply that has hit a record 176%. Global markets commentator The Kobeissi Letter summed it up in three words: “This is insane.” The Nasdaq’s ‘insane’ market cap As of August 2025, the Nasdaq’s market capitalization shatters the […]
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The funds will be used to acquire an expected 3 billion ENA, according to StablecoinX, a dedicated treasury vehicle for the stablecoin protocol.