OKX found clear evidence that multiple accounts were working together to use large OM holdings as collateral to borrow USDT and artificially push up the price of MANTRA OM. The exchange’s risk systems detected the activity early, and after the accounts failed to cooperate, OKX stepped in and took control. A sudden price crash followed, …
RaveDAO’s $RAVE is witnessing extreme volatility following its token generation event. The token surged over 285% in the past 24 hours, trading around $0.62 with a market cap of $143 million. Trading volume spiked sharply to $238 million, signaling strong capital inflows and aggressive price discovery. While momentum remains strong, traders are closely watching for …
Coinbase has added Lighter (LIGHTER) to its public asset listing roadmap, signaling potential future trading on the platform. Trading launch depends on securing market-making support for liquidity and completing technical integrations like wallets and systems. No deposits or transfers yet, sending LIGHTER early risks permanent loss. The official start date will be announced via Coinbase’s …
Research firm Kaiko reports that crypto market liquidity is increasingly concentrated in just a few centralized exchanges, with Binance leading the pack. This concentration could increase risks during volatile periods, potentially causing ripple effects across the market. The report also highlights ongoing challenges for Binance, including structural, operational, and legal uncertainties, lack of formal regulation, …
The standoff between OKX and Mantra just took a sharper turn. Today, OKX broke its silence with a public statement accusing the Mantra team of spreading a “misleading narrative” around OM and confirmed that law enforcement is now involved. What started as a disagreement over a token migration timeline is quickly turning into something much …
Brazil’s largest private bank says Bitcoin can improve portfolio diversification and hedge currency risk despite a volatile year for the asset.
Crypto companies are slowly moving into traditional industries, and Tether has now taken one of the biggest steps yet. On December 13th, Tether announced its plan to acquire Italian football club Juventus, with a proposed $1 billion investment if the acquisition is completed. Following the announcement, Juventus’ fan token, JUV, surged by 30%. Juventus is …
Sui (SUI), a Layer-1 blockchain network, has overtaken Ethereum in daily bridged inflow, jumping to 3rd place, showing rising interest from users and investors even as its token price slipped nearly 5%. While SUI trades near $1.57, strong on-chain activity is now fueling hopes of a price recovery toward $2.10. Sui Beats Ethereum in Daily …
RaveDAO made a powerful entry as $RAVE launched simultaneously across major exchanges, including Binance Alpha, Kraken, Bitget, MEXC, Gate, and Aster. Such coordinated listings are rare for new projects and signal strong preparation and demand. Early traders are already active, and interest from key Binance Labs members has added to the buzz. With momentum building …
According to a report from CNBC, Coinbase (COIN), the largest cryptocurrency exchange in the US, is preparing to launch its own prediction market in collaboration with Kalshi, one of the largest federally regulated financial exchanges in the country. Coinbase Teases Major Updates The anticipation surrounding the prediction market has been building for nearly a month. Recently, a screenshot of what appears to be Coinbase’s prediction markets dashboard was shared by Silicon Valley researcher Jane Manchun Wong in a post on social media site X (previously Twitter), shedding some light on the features of the forthcoming product. Related Reading: Crypto Market Dips: The Reasons Behind Bitcoin Plunge Below $90,000 Despite FOMC Optimism The Information first indicated on November 19 that Coinbase planned to introduce these prediction markets powered by Kalshi, with a formal unveiling set for the “Coinbase System Update” event scheduled for December 17. Formal announcements regarding this new platform are expected soon, potentially as early as next week. Bloomberg corroborated this report, stating that the cryptocurrency exchange is also likely to announce a tokenized stock offering during the same event, in line with Tether’s same vision reported earlier this week. While Coinbase has refrained from confirming these developments directly to CNBC, the company has encouraged stakeholders to tune in to its upcoming event for more details. The firm did not disclose a specific timeline for when the prediction markets will become available to users. ‘Everything Exchange’ Status Coinbase’s push to launch a prediction market is part of a broader strategy to transform itself into an “everything exchange”—a comprehensive platform for trading a wide variety of assets, including cryptocurrencies, tokenized stocks, and event contracts. CEO Brian Armstrong articulated this vision earlier in May, stressing that the cryptocurrency exchange aims to evolve into a leading financial services application within the next decade. This development comes as Coinbase faces increasing competition from rivals like Robinhood (HOOD), Gemini (GEMI), and Kraken, all of whom have introduced tokenized equity offerings for users outside the US and are exploring prediction markets to varying extents. Related Reading: Report Reveals 65% Of Bitcoin Treasury Companies Struggling With Major Unrealized Losses Coinbase is expanding its range of financial instruments while making a series of acquisitions this year. These include major deals such as the purchase of the crypto derivatives exchange Deribit and the on-chain advertising firm Spindl, as well as seven other major acquisitions. This also follows a shift in investor sentiment in the digital asset space, with the largest cryptocurrencies — including Bitcoin (BTC) — having retraced by over 30% since October amid fears of a new bear market beginning. Over the past months, the exchange’s stock, which trades under the ticker name COIN, has also seen a significant drop of over 39%, with the current valuation standing at $267 per share. Featured image from DALL-E, chart from TradingView.com
The crypto market is extending losses as Bitcoin and altcoins face a sharp Friday sell-off, with prices sliding 5–10% across major tokens. While the timing may feel familiar, the pressure is not random. Markets are reacting to tightening global liquidity conditions, driven largely by renewed concerns over Japan’s interest rate policy and its impact on …
Jupiter, the top decentralized exchange (DEX) aggregator on Solana, has unveiled a comprehensive suite of eight major upgrades at Solana Breakpoint 2025, designed to transform the platform into a full-scale DeFi hub. The primary goals of these upgrades are to simplify DeFi, improve safety, and complete Jupiter’s offerings beyond just token swaps. JupUSD Brings a …
Brazil’s leading asset manager, Itaú Asset, with $185 billion under management, advises allocating 1% to 3% of investment portfolios to Bitcoin in 2026. This move targets diversification amid Brazil’s volatile real and inflation pressures, shielding against fiat risks while complementing stocks and bonds. Analysts call it the ideal “sweet spot” for capturing Bitcoin’s growth with …
XRP is in a mild undervalued zone according to the 30-day MVRV Ratio. Here’s how other cryptocurrencies like Bitcoin and Ethereum compare. XRP 30-Day MVRV Ratio Shows Negative Returns In a new post on X, on-chain analytics firm Santiment has talked about how the 30-day Market Value to Realized Value (MVRV) Ratio is currently looking for the different top coins in the cryptocurrency sector like Bitcoin and XRP. Related Reading: Stellar (XLM) Forms Signal That Last Led To 95% Price Rally The “MVRV Ratio” is a popular indicator that keeps track of the ratio between an asset’s market cap and its Realized Cap. The latter capitalization model calculates the cryptocurrency’s total value by assuming the value of each individual token is equal to the spot price at which it was last transacted on the blockchain. The Realized Cap can be thought of as an estimate of the capital that the investors as a whole used to purchase their tokens. In contrast, the market cap is the value that they are carrying in the present. As the MVRV Ratio takes the ratio between the two, it essentially contains information about the profit-loss balance of the investors. In the context of the current topic, a very specific form of the MVRV Ratio is of interest: the 30-day version. This metric only tracks the profit-loss balance for the traders who got into the market during the past month. Now, here is the chart shared by Santiment that shows the trend in the 30-day MVRV Ratio for six assets: Bitcoin, Ethereum, Cardano, XRP, and Chainlink. As is visible in the above graph, the 30-day MVRV Ratio hasn’t displayed a uniform behavior across the top cryptocurrencies, indicating that the situation of the 30-day buyers is different for the various assets. Ethereum currently has the metric at a positive value of 7.2%. This means that market entrants from the past month are sitting on a gain of 7.2% on the network. Bitcoin also has a positive value, but at just a level of 2.4%, the 30-day traders are more-or-less breaking even. Chainlink also has a very neutral trend with the 30-day MVRV Ratio at a value of -0.3%. Cardano 30-day traders are also in the red, but in its case, the losses are more notable at -4.4%. Finally, new XRP investors are down 6.1%, implying that the network currently hosts the worst trader profitability. This fact, however, may not actually be negative for the cryptocurrency. Generally, the higher investor gains get, the more likely they become to participate in a selloff with the aim of profit realization. This can make a top more probable for the asset when its MVRV Ratio is at a high level. Similarly, a deep negative value can be bullish instead, as it suggests profit-takers have probably become depleted. Related Reading: Bitcoin Lacks Fresh Momentum As Realized Cap Growth Still Declining In the chart, the analytics firm has defined overvalued and undervalued zones based on the 30-day MVRV Ratio. XRP is currently the only one in an undervalued zone, while Ethereum is inside a mild overbought region. XRP Price At the time of writing, XRP is floating around $2.04, up 1.5% over the last 24 hours. Featured image from Dall-E, Santiment.net, chart from TradingView.com
Brazil’s largest private bank, Itaú, is standing firm on its Bitcoin view even after this year’s pullback. In its latest outlook, the bank advises investors to keep around 1% to 3% of their portfolio in Bitcoin as they look toward 2026. With a message that short-term drops do not cancel out Bitcoin’s longer-term role in …
The DeFi Education Fund has led a rebuttal to Citadel Securities’ call for the SEC to bring DeFi platforms under securities laws if dealing in tokenized stocks.
As Pakistan continues to deepen its involvement in the digital asset landscape, the country has signed a memorandum of understanding (MoU) with crypto exchange Binance, aiming to explore the tokenization of up to $2 billion in sovereign bonds, treasury bills, and commodity reserves to enhance liquidity and attract foreign investors. $2 Billion Asset Tokenization Initiative According to Reuters, the agreement sets the stage for a potential collaboration focused on allowing the tokenization and blockchain-based distribution of various real-world assets (RWAs) held by the Pakistani government. These assets may include sovereign bonds, treasury bills, and a range of commodity reserves such as oil, gas, metals, and other raw materials. Related Reading: Crypto Market Dips: The Reasons Behind Bitcoin Plunge Below $90,000 Despite FOMC Optimism The country’s finance ministry, Muhammad Aurangzeb, indicated that while the initiative could involve assets valued at up to $2 billion, final approval is still pending. The goal is to improve liquidity, transparency, and access to international markets for these assets. Aurangzeb remarked that the memorandum of understanding signifies Pakistan’s commitment to a reform-oriented economic trajectory and establishes a long-term partnership with Binance. Binance founder Changpeng Zhao expressed optimism about the agreement, calling it “a great signal for the global blockchain industry and for Pakistan.” He suggested that this partnership marks the beginning of a significant shift toward fully implementing the tokenisation initiative. PVARA Provides Initial Clearance For Binance And HTX In addition to this MoU, Pakistan has granted initial clearance for Binance and cryptocurrency exchange HTX, to register with local regulators as part of their efforts to establish domestic subsidiaries. This step allows both companies to prepare applications for full exchange licenses. The Pakistan Virtual Assets Regulatory Authority (PVARA) provided these early approvals after assessing the governance and compliance frameworks of both platforms. Chairman Bilal bin Saqib indicated that these clearances initiate Pakistan’s phased licensing process, emphasizing that the strength of compliance will play a crucial role in determining which exchanges will proceed. This move comes as Pakistan accelerates its digital finance overhaul, which has included the formation of the Pakistan Crypto Council and the establishment of the PVARA, alongside the drafting of a formal licensing regime. Related Reading: Report Reveals 65% Of Bitcoin Treasury Companies Struggling With Major Unrealized Losses As Bitcoinist reported at the time, Pakistan’s growing involvement in digital assets drew the attention of industry leaders such as Michael Saylor, co-founder of the Bitcoin proxy firm Strategy, who praised the country’s efforts and described it as a sign that the country understands how to handle this new market. Notably, Pakistan ranks as the world’s third-largest cryptocurrency market by retail activity, according to Saqib. The government is also planning a pilot program for a central bank digital currency (CBDC) and a comprehensive Virtual Assets Act. At the time of writing, the exchange’s native cryptocurrency, Binance Coin (BNB), is trading at $878, down 35% from all-time highs just above $1,369. Featured image from DALL-E, chart from TradingView.com
The PYTH reserve initiative could enhance network stability and investor confidence by aligning token value with increased adoption and revenue.
The post Pyth Network launches PYTH reserve to sustain network value through token purchases appeared first on Crypto Briefing.
Ethereum is trading above the $3,200 level as bulls attempt to push the price back toward higher resistance zones, but market sentiment remains fragile. Fear and uncertainty continue to dominate as several analysts warn that the broader trend may still point toward a potential bear market. Yet, beneath the volatile price action, key on-chain data is revealing a development that could shape Ethereum’s next major phase. Related Reading: Bitcoin Whales Refuse to Sell: Historic Signal Emerges As Binance CDD Drops To 2017 Levels According to a new report from CryptoQuant, a historic signal tied to the realized price of whales holding more than 100,000 ETH has emerged once again. This metric, which tracks the average cost basis of the largest holders, has only been tested a handful of times over the past five years. Each instance occurred during decisive turning points in Ethereum’s macro trend. Whenever ETH approached or traded near this realized price, it signaled either the exhaustion of a deep downtrend or the beginning of a strong recovery phase. Today, Ethereum is once again hovering near this critical threshold. With analysts divided and sentiment weakening, the whale realized price has become one of the most important indicators to monitor. Whether ETH bounces or breaks here may determine the direction of the next major trend cycle. Whale Realized Price as a Cycle-Defining Threshold The CryptoQuant report highlights the significance of Ethereum’s proximity to the realized price of whales holding at least 100,000 ETH. According to the analysis, ETH has traded very close to this level only four times in the last five years. Two of those instances occurred during the capitulation phase of the 2022 bear market, when selling pressure peaked, and long-term confidence was severely tested. The other two have happened this year, underscoring how unusual and cycle-defining the current environment has become. What makes this metric particularly important is its historical reliability. In the past five years, Ethereum has never traded below the realized price of these mega-whales. This level has consistently acted as a structural floor, signaling areas where the largest and most sophisticated holders refuse to sell at a loss. Their behavior often marks moments of deep undervaluation or macro exhaustion within the market. Today, that realized price sits near the $2,500 range, placing Ethereum within striking distance of a level that has repeatedly separated long-term accumulation zones from full-scale trend reversals. If ETH holds above this threshold, it would reinforce the idea that large holders still see long-term value—despite fear dominating broader market sentiment. Related Reading: This Whale Isn’t Stopping: $392M Ethereum Long And A Tight Liquidation Price Revealed Ethereum Attempts Recovery but Faces Major Overhead Barriers Ethereum’s daily chart shows a market attempting recovery, yet still constrained by significant structural resistance. After rebounding from the sub-$2,900 zone, ETH has reclaimed the $3,200 level and is currently trading near $3,238. While this bounce reflects short-term strength, the broader trend remains fragile. The price is encountering the 50-day moving average, which has acted as dynamic resistance throughout the decline from September’s peak. ETH briefly pierced above it but failed to secure a strong close, signaling hesitation from buyers. Related Reading: The Whale Who Can’t Stop Buying: BitcoinOG Scales Ethereum Long To $280M After Price Surge The 100-day and 200-day moving averages remain well above the current price, reinforcing that Ethereum is still operating beneath major trend markers. These moving averages are likely to form an overhead cluster of resistance between $3,400 and $3,600—an area where sellers previously overwhelmed bullish attempts. Structurally, ETH is forming a potential higher low, but it has not yet produced a higher high—an essential condition for confirming a trend reversal. A clean breakout above $3,350 would strengthen bullish momentum. Conversely, losing $3,150 risks reopening a path toward $3,000 and potentially retesting deeper support levels. Featured image from ChatGPT, chart from TradingView.com
Binance, the world’s largest crypto exchange, has broadened support for USD1, the stablecoin tied to World Liberty Financial and US President Donald Trump’s crypto ventures, reports disclosed. The exchange added new spot pairs including ETH/USD1, SOL/USD1 and BNB/USD1, and enabled fee-free swaps between USD1 and other major stablecoins. Related Reading: Is Dogecoin Waking Up? Critical On-Chain Metric Explodes Higher Binance Will Shift Collateral Into USD1 The exchange will convert all collateral backing its Binance-Peg BUSD (B-Token) into USD1 at a 1:1 ratio, a process the company said should be completed within one week. This change means USD1 is being folded into its internal collateral and liquidity systems rather than remaining only a tradable token. Market Reaction And Liquidity Effects Traders reacted quickly. Price moves in BNB and other tokens showed more buying interest after the announcement. Market data snapshots suggested a short-term uptick in BNB as liquidity and trading routes were expanded by the new USD1 pairs. Reports put the token’s wider market use and the platform’s zero-fee swaps as the likely drivers. Binance to Add BNB/USD1, ETH/USD1 Trading Pairs; B-Token Collateral to Be Converted to USD1 According to an official announcement, @binance will list new spot trading pairs BNB/USD1, ETH/USD1, and SOL/USD1 at 16:00 (UTC+8) on December 11, 2025. At the same time, Binance will… pic.twitter.com/mIPrkiR3Lj — ME (@MetaEraHK) December 10, 2025 Backing, Size, And Recent Deals According to public filings and market trackers, USD1 is backed by US Treasury bills, cash and equivalents and is redeemable at a one-for-one rate with the dollar. The stablecoin has grown quickly and is now listed among the larger stablecoins by market cap, with figures around $2.7 billion cited in recent summaries. Reports have also linked USD1 to a major Abu Dhabi investment that used the token for a $2 billion deal. Political Context And Scrutiny These commercial moves come after a politically charged episode: Trump granted a pardon earlier this year to Binance’s former CEO, an action that critics say raises questions about ties between Binance and the Trump family’s crypto interests. That sequence of events has drawn scrutiny from lawmakers and commentators, who are asking for more transparency around the deals and any possible conflicts of interest. Related Reading: Do Kwon Falls Hard — Terraform Labs Chief Gets 15 Years For Wire Fraud Company spokespeople have issued short statements denying that any political favors were sought or exchanged to secure deals. Binance said its public notices focused on product rollouts, trading schedules and incentives like zero fees for certain users, while World Liberty Financial emphasized the reserve backing behind USD1. Featured image from Unsplash, chart from TradingView
The growing endorsement of Bitcoin by major banks signals a shift towards mainstream acceptance of digital assets in investment portfolios.
The post Brazil’s largest private bank recommends up to 3% investment in Bitcoin appeared first on Crypto Briefing.
XRP has been under clear pressure in recent sessions, sliding toward its lowest price of the year as the broader crypto market continues to absorb heavy selling. Sentiment remains fragile, and many traders have shifted into defensive positioning while awaiting clearer macro signals. Related Reading: Bitcoin Whales Refuse to Sell: Historic Signal Emerges As Binance CDD Drops To 2017 Levels According to a new report from CryptoQuant, however, the underlying picture is more complex than the price chart suggests. Despite the short-term decline, XRP whales are becoming increasingly active, showing no hesitation in trading and accumulating even as retail participation weakens. This divergence between whale behavior and market sentiment is noteworthy. Historically, XRP’s most significant recoveries have begun during phases of deep pessimism, when large holders quietly build exposure rather than chase rallies. The latest data confirms this pattern: while price approaches yearly lows, whale-driven transaction volume has risen, signaling that high-value wallets are repositioning rather than exiting. Whale Accumulation and CVD Shift Signal a Potential XRP Bottom The CryptoQuant report highlights that the recent surge in whale activity follows a pattern often observed during market bottoming phases. Large holders rarely accumulate aggressively during strong uptrends; instead, they tend to build positions quietly during periods of weakness, when sentiment is poor, and prices are depressed. Their willingness to buy in the current environment—while XRP trades near yearly lows—suggests strategic positioning rather than speculative momentum chasing. This behavior is typically interpreted as a pre-rally signal. When whales accumulate into weakness, it indicates confidence that current prices offer value and that the downside may be limited. Historically, such phases have preceded meaningful upside moves in XRP, as whale accumulation often absorbs available sell pressure and stabilizes market structure. Supporting this view, the report also points to a notable shift in the XRP Spot Taker CVD, which has turned taker-buy dominant. This means that aggressive buyers are now driving more of the executed volume, reflecting strengthening demand in real time. A taker-buy dominant CVD often emerges before sustained rallies, as it highlights increasing willingness among market participants to buy at the ask rather than wait for dips. Together, rising whale accumulation and a bullish CVD trend paint an increasingly constructive backdrop for XRP’s medium-term outlook. Related Reading: This Whale Isn’t Stopping: $392M Ethereum Long And A Tight Liquidation Price Revealed Price Analysis: Testing Yearly Lows as Structure Weakens XRP continues to trade near its yearly lows, with the chart showing a clear deterioration in trend structure. Price remains pinned below all major moving averages—the 50-day, 100-day, and 200-day—indicating that bullish momentum has not yet returned. The persistent rejection at the 50-day moving average throughout November and December highlights the strength of overhead resistance and the absence of sustained buying pressure from the broader market. The $2.00 region, now acting as a key horizontal support, has been tested multiple times over the past month. Each retest shows reduced volatility, suggesting that sellers are no longer driving aggressive breakdown attempts. But demand remains too weak to generate a meaningful rebound. A decisive loss of this level could open the door toward the $1.80–$1.90 support zone. XRP previously consolidated during the early stages of the 2025 rally. Related Reading: Why Ethereum’s Rally Isn’t Overheated – And Where Demand Must Grow Next Volume also confirms the broader downtrend. Selling spikes stand out noticeably, whereas buy-side volume remains muted. This imbalance reinforces the prevailing bearish structure, even as whale accumulation begins to appear on-chain. For XRP to shift out of this downtrend, bulls must reclaim the 50-day moving average and produce higher lows. Until then, the chart signals continued caution. Whale activity must begin translating into visible spot demand, or the risk skews to the downside. Featured image from ChatGPT, chart from TradingView.com
Tether's acquisition attempt highlights potential shifts in football club ownership dynamics, challenging traditional family-held control.
The post Tether faces resistance from Juventus’ largest shareholder after acquisition bid appeared first on Crypto Briefing.
Tether says it will buy the controlling stake Exor has in Juventus, along with all remaining shares, an offer Exor has reportedly rebuffed.
Dogecoin is entering a pivotal phase as its price action tightens within a symmetrical triangle, aligning with a high-timeframe Wyckoff setup. The combination of higher lows, compressed structure, and developing Wyckoff signals suggests growing strength beneath the surface, raising the possibility that DOGE is quietly preparing for its next major move. MTF Range Strategy: Longs At Discount, Shorts At Premium According to an update by Wyckoff Insider via the lens of a multi-timeframe (MTF) range, the focus is on seeking long positions in areas of extreme discount and short positions in areas of extreme premium. When an MTF range is present, it often develops a Wyckoff structure near both the range highs and lows, providing clearer points of interest for traders. Related Reading: Dogecoin Could Stage A 600% Rally In 2026 If This Multi-Year Support Holds Dogecoin is currently forming an 8H Bojan pivot in the extreme discount zone of this MTF range. The key to trading a Bojan pivot is identifying the Sign of Strength (SOS) that forms on the third candle. Bitcoin displayed a similar 8H Bojan recently, but trading it was more challenging due to deviations on both sides of the range, making DOGE difficult to trade also. On the lower timeframes, Dogecoin is also showing a Wyckoff Model 1 range. When the third candle opens, and price pulls down, traders look for an LPS, BOS, and internal BOS pattern. Valid entries include taking the breakout on the 3-minute BOS with a stop below the M1 low, or entering on the LPS after the internal BOS, with a stop placed beneath the LPS itself. In terms of trade management, Wyckoff Insider outlines a clear plan: risk should be kept at 2% per setup, with TP1 at the Wyckoff target zone (40%), and TP2 at the first range supply, fully closing the trade once a Sign of Weakness (SOW) appears. This structured approach helps navigate DOGE’s multi-layered Wyckoff-driven price action with discipline and clarity. Daily Structure Shows Strength Despite Downtrend Trader Tardigrade revealed that the daily chart provides clear indications that Dogecoin is actively building a stronger market structure despite the recent overall downtrend. This strength is apparent when comparing the current price action to past cycles. Related Reading: Dogecoin Price Volatility Returns as Market Weighs Bullish Indicators Against Recent Dip Historically, when the broader market is weak, DOGE typically reinforces its bearish trend by forming lower lows following a distinct new swing low. However, in a significant departure from this pattern, DOGE is now attempting to establish a higher lows structure within a symmetrical triangle pattern. This formation is key, as the analyst suggests the symmetrical triangle structure indicates that Dogecoin has been rejected from trading further downward. Such a development signals that selling exhaustion is setting in, preparing the market for a potential directional breakout. Featured image from iStock, chart from Tradingview.com
Solana (SOL) is gradually entering a new phase of institutional visibility as recent developments in tokenized finance and cross-chain asset integration draw increasing attention to the network. Related Reading: What’s Happening With The Bitcoin, Ethereum, And Dogecoin Prices Recently? From a high-profile commercial paper issuance to plans for bringing XRP onto Solana, the blockchain is positioning itself at the center of experiments that could reshape how digital assets interact with traditional markets. SOL's price trends to the downside on the daily chart. Source: SOLUSD on Tradingview Institutional Activity Accelerates With New Tokenized Bond Deal J.P. Morgan’s arrangement of a $50 million tokenized commercial paper issuance for Galaxy Digital marks one of the clearest signals yet that major financial institutions are warming to public blockchain infrastructure. The short-term debt instrument was issued on Solana, with Coinbase and Franklin Templeton purchasing the tokenized asset, and settlement conducted in USDC. The bank created the on-chain token representing the bond and handled primary settlement, positioning the project as a practical test of how public networks could support regulated financial transactions. The move shows Solana’s growing role in real-world asset tokenization, a sector projected by industry analysts to reach trillions of dollars over the next decade. For Solana, the deal is also a strategic validation. While the chain is widely known for retail and developer activity, institutional adoption has historically been slower to materialize. Seeing a large financial institution test a foundational market instrument on Solana offers a clearer path to deeper enterprise use cases. Solana – XRP Integration Signals Cross-Chain Expansion Alongside the bond issuance, Solana is preparing for the arrival of XRP through a partnership with Hex Trust and LayerZero, which will issue wrapped XRP (wXRP) on the network. The integration aims to extend XRP’s liquidity and utility into Solana’s fast-moving DeFi environment, enabling lending, liquidity provision, and other decentralized applications. Hex Trust confirmed that wXRP will be fully backed 1:1 with native XRP held in segregated custody accounts, supported by more than $100 million in initial liquidity. The addition may also influence XRP’s market structure, as wrapped supply requires native XRP to be locked, potentially tightening liquidity during high-demand periods. For Solana, the asset brings an established user base and deeper liquidity pools. For XRP, the move broadens its utility across high-performance decentralized markets that prioritize low-cost transactions and throughput. A Broader Shift in Market Perception These developments come as industry figures, such as Anthony Scaramucci, publicly reiterate their bullish outlook on Solana, arguing that the network’s growth trajectory could surpass Ethereum’s in market capitalization. While the claim remains speculative, the combination of institutional pilots, cross-chain integrations, and expanding developer activity suggests Solana is strengthening its position as a platform for both consumer and enterprise-grade applications. Related Reading: Do Kwon Falls Hard — Terraform Labs Chief Gets 15 Years For Wire Fraud As more financial instruments move on-chain and cross-chain interoperability gains traction, Solana’s latest milestones point to a network increasingly aligned with where digital markets may be heading next. Cover image from ChatGPT, SOLUSD chart from Tradingview
Regulations must evolve for tokenized real-world assets to be better integrated with DeFi, so their immediate benefit won’t be significant, says NYDIG’s Greg Cipolaro.
Young Hoon Kim — the social-media personality who styles himself as the “IQ 276” record holder — just gave the XRP crowd a fresh piece of rocket fuel. “I buy XRP from now on,” Kim wrote on X on Friday, in what appears to be his first straight-up XRP shoutout after days of near-constant Bitcoin evangelizing. I buy #XRP from now on. — YoungHoon Kim, IQ 276 (@yhbryankimiq) December 12, 2025 Why The XRP Endorsement Now? And, yeah, the XRP Army did what it always does: it treated the post like a mini event. “The smartest man in the world is buying XRP,” one account, Gordon (@GordonGekko), replied — then immediately stapled the other big narrative of the day onto it: “XRP is now on Solana too. Is this the start of an XRP rally?” That second line isn’t just vibes. Solana’s official account posted “BREAKING: XRP is coming to Solana,” pointing to a wrapped-asset setup that would let XRP trade and move inside Solana DeFi rails. Hex Trust, which is positioning itself as issuer/custodian for the wrapped token (wXRP), says the product is designed to be 1:1 backed and redeemable for native XRP, using LayerZero’s OFT standard and launching “starting with Solana” (with more chains name-checked). Related Reading: Why This Market Analyst Is Warning Crypto Investors To Stop Buying XRP So Kim’s timing, intentional or not, landed right on top of a very convenient distribution channel: “XRP, but DeFi-ready.” If you’re an XRP holder who’s been watching Solana soak up memecoin liquidity and on-chain volume for the past year, that’s an easy story to forward to your group chat. The funny part is Kim’s recent persona has leaned hard into Bitcoin-maxi prophecy. In the last week alone, he made dozens of Bitcoin posts via X. On December 7, he posted: “In my personal view, Bitcoin’s current price is just a temporary discount caused by what seems to be market manipulation. I think any such manipulation may disappear within a week, and then it could start accelerating toward a new ATH.” Just a few days later, on December 10, he wrote: “My analysis suggests that Bitcoin may have set its bottom a few weeks ago, and we could now be entering a true supercycle.” One day later, he added: “”My analysis suggests that Bitcoin reaching 300K in early 2026 is a logical scenario.” Related Reading: XRP Forecast Turns Explosive As Canadian Experts Highlight Massive FinTech Utility Yesterday, Kim posted: “Bitcoin looks ready to break every prediction ever written. The real bull run begins when people think it’s already over,” before adding today: “I think Bitcoin is the money of God” and “In my view, one of the fastest ways to get rich is to stack Bitcoin.” So why the sudden XRP detour? No explanation yet, at least publicly. There’s also the reality that Kim is, politely put, controversial. Korean coverage has described him as being reported as an “IQ 276” holder tied to mind-sports organizations, but the broader profile has drawn scrutiny and debate online, with questions about verifiability and sourcing trailing the “world’s highest IQ” framing. Still, crypto doesn’t really wait for footnotes. A big claim, a big ticker, a hot comment section — and now an XRP-to-Solana headline to glue it together. That’s plenty for a one-day narrative. At press time, XRP traded at $2.04. Featured image created with DALL.E, chart from TradingView.com
Cardano (ADA) price has signaled a midterm bullish rebound in the coming weeks. The large-cap altcoin, with a fully diluted valuation of about $18 billion, has seen reduced selling pressure over the past three weeks, increasing the odds of a near-term rebound. Moreover, ADA price has established a robust support level above $0.4, following the …
Fogo will airdrop the tokens set aside for a pre-sale next week, a change in strategy to better distribute tokens and reward early users.