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XRP stays strong as traders bet on a near-term rise, showing optimism despite stable prices.
Ethereum sentiment slows down, ranking only 23rd most bullish, signaling cautious investor vibes.
XRP’s chart hints at a rally with $2.10 as the next target, keeping traders on alert.
XRP is stuck in a tug-of-war between buyers and sellers but is holding steady around $2, according to Santiment. Social media buzz shows traders are feeling positive about its next move. Meanwhile, Ethereum has dropped about 35% in the last three months, and the earlier excitement around it has faded, making investors less driven by FOMO.
Source: Santiment
Despite XRP’s price moving within a tight range, traders remain very optimistic about it. On the other hand, Ethereum investors are more cautious, with sentiment ranking only 23rd most bullish this year. Meanwhile, XRP enjoyed its seventh most bullish week of 2025, showing that retail traders feel much more confident about its near-term prospects.
Consequently, XRP appears poised for potential upward movement, while Ethereum traders adopt a more measured stance. These gaps usually are indicators that differ market psychology between the two cryptocurrencies.
Chart Trends and Market Sentiment
The chart also links sentiment to price movement, showing that optimism often rises during consolidation rather than immediate gains. In XRP’s case, anticipation drives sentiment while prices remain range-bound.
However, Ethereum’s sentiment moves more cautiously, aligning with recent price trends. Additionally, sentiment spikes do not guarantee instant price action, suggesting traders are preparing for possible catalysts.
Technical analyst Broke Doomer notes, "$XRP making bullish pennant and price is already above strong low. I am expecting a strong rally for next target $2.10." He adds that one more bullish point from the Fed could trigger significant market moves.
Source: Broke Doomer
Moreover, he highlights a rivalry between Solana and XRP for investor attention, suggesting competition may influence short-term dynamics.
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DOGE Stabilizes After Selloff as Buyers Defend Emerging Base Structure
DOGE halted its downtrend as selling pressure faded and buyers defended a clear horizontal base
Reclaimed short-term EMAs signaled early strength and acceptance rather than a temporary bounce
Volume rotation and neutral momentum point to stabilization instead of renewed downside acceleration
DOGE is showing early signs of stabilization following a sharp downside move that reset short-term market structure. Price behavior now reflects balance rather than stress, with traders monitoring whether the emerging base can support a measured recovery.
DOGE Finds Structure After Aggressive Selloff
DOGE experienced a decisive selloff that drove prices sharply lower, flushing leveraged positions and forcing late buyers to exit. That phase was marked by expanding red volume and impulsive candles, pushing price well below short-term equilibrium levels. The decline, however, failed to extend indefinitely.
After the selloff, DOGE stopped forming lower lows and entered a compression phase. Downside attempts consistently stalled, signaling that selling pressure had weakened. This behavioral shift suggested exhaustion rather than continuation, marking a transition from disorder toward structural rebuilding.
DOGE Reclaims Key Averages as Volume Shifts
DOGE began to stabilize as volume behavior changed notably following the selloff. Selling volume contracted, while green volume bars appeared during modest recovery attempts. This rotation indicated absorption of supply rather than renewed distribution, supporting the case for base development.
A key technical development was DOGE reclaiming its short-term exponential moving averages. According to commentary from Henry (@LordOfAlts), this reclaim marked the first meaningful sign of strength. Price acceptance above these averages, rather than immediate rejection, reinforced the stabilization narrative.
DOGE is now trading within a clean horizontal range, defined by clear highs and lows. Volatility has compressed, and price action has become orderly. This environment reflects a slow recovery phase rather than a breakout attempt, aligning with measured market participation.
At the time of writing, DOGE trades at $0.1397, down about 0.85% over 24 hours. Price has maintained above the $0.135 support area while facing resistance near $0.14. Market capitalization sits near $23.46 billion, with volume around $975 million, confirming active rotation.
If the current base holds, DOGE may rotate toward the prior breakdown zone above current price. Such moves often occur as markets retest former support areas. Until price exits the $0.135–$0.145 range decisively, DOGE remains balanced, with recovery dependent on continued acceptance above reclaimed levels.
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Figure Files SEC Request for Blockchain-Native Equity IPO
Figure plans blockchain-native equity on Solana, bypassing Nasdaq, brokers and prime brokers via its own trading system.
Onchain shares would settle in real time and integrate with DeFi as collateral for lending, borrowing and liquidity.
If approved, Figure would run parallel listings, letting investors choose between traditional Nasdaq shares and tokenized equity.
Figure Technology submitted a second initial public offering filing to the U.S. Securities and Exchange Commission on Friday. The filing proposes issuing Figure equity natively on the Solana blockchain. Executive chairman Mike Cagney announced the plan during the Solana Breakpoint conference, describing it as a blockchain-native version of the company’s Nasdaq-listed shares.
How the Onchain Equity Would Function
The proposed offering would bypass traditional exchanges, brokers, and prime brokers, including Nasdaq, Robinhood, and Goldman Sachs. Instead, shares would trade through Figure’s alternative trading system, described as “effectively a decentralized exchange.”
Investors could transact the security directly on Solana, with real-time settlement, and integrate holdings into decentralized finance protocols. Once on Solana, the equity could serve as collateral for lending, borrowing, or liquidity provision.
Cagney noted that tokenized shares would allow shareholders to access DeFi markets unavailable to conventional broker-held securities. The system builds on Figure’s experience in tokenized lending and digital asset marketplaces.
Solana as the Chosen Blockchain
Solana’s network characteristics, including high throughput, fast transaction finality, and low costs, make it suitable for high-volume equity trading. According to Matt Hougan, chief investment officer at Bitwise, Solana is emerging as a leading network for stablecoins and tokenized assets.
RedStone research identified Solana as a “high-performance challenger,” particularly for tokenized U.S. Treasury markets. Figure intends to support not only its own blockchain-native shares but also enable other companies to issue equity directly on Solana.
Cagney highlighted the broader goal of creating native onchain equity issuance in the Solana ecosystem. The filing positions Figure among a small group of firms exploring regulated, blockchain-native securities.
Next Steps for Figure
The SEC review process is pending. If approved, Figure would operate parallel equity forms: traditional shares listed on Nasdaq and blockchain-native shares issued on Solana. The structure would allow investors to choose between conventional custody and DeFi-enabled tokenized securities.
By integrating regulated equity into blockchain protocols, Figure aims to expand onchain trading capabilities while maintaining compliance under U.S. securities law.
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Bitcoin Holdings Shift to Institutions, Liquidity Tightens: Glassnode
Almost 30% of Bitcoin is now held by institutions and companies, moving coins out of everyday wallets.
Fewer coins on exchanges suggest people are holding for the long term instead of trading actively.
Unrealized losses around 10% show some stress in the market, hinting at who might sell during dips.
Bitcoin’s market is shifting as companies and institutional investors increasingly hold larger portions of the supply. According to Glassnode, public companies own about 1.07 million BTC, governments hold around 0.62 million BTC, U.S. spot ETFs have 1.31 million BTC, and exchanges keep roughly 2.94 million BTC. Together, these groups control nearly 5.94 million BTC, representing almost 30% of the circulating supply.
As per the X post, Bitcoin is gradually moving out of everyday wallets and into the hands of companies and institutional investors. This shift could make the market more stable over time. Analysts are keeping a close eye, as these corporate holdings seem to be shaping Bitcoin’s long-term price movements.
Source: Glassnode
Over the last five years, companies have been steadily adding Bitcoin to their treasuries. In comparison, government holdings have stayed small and mostly unchanged. U.S. spot ETFs have also grown significantly since early 2024, showing that institutions are increasingly investing through regulated products.
Simultaneously, there has been a modest decrease in the quantity of Bitcoin that is now on exchanges. This implies that rather than aggressively trading their coins, more people are retaining them for a lengthy time.
The price of Bitcoin generally follows this accumulation trend, though there are occasional dips. As a result, market sentiment now seems to be driven more by institutional behavior than by casual retail traders.
Unrealized Loss Trends and Market Stress
Data from CryptoVizArt.₿ shows the current $80K–$90K consolidation range is generating stress comparable to January 2022. Relative Unrealized Loss is approaching 10% of market capitalization. Historically, unrealized losses spiked during BTC price drops in 2022 and early 2023, leaving many holders in paper losses.
Source: CryptoVizArt.₿
As Bitcoin’s price bounced back through 2023 and 2024, fewer holders were at a loss, meaning more people were in profit. Still, small dips occasionally happened during short-term price swings, which is normal market behavior.
Additionally, tracking unrealized losses helps investors gauge sentiment and the proportion of holders vulnerable to selling pressure.
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Tether Submits €1.1B Cash Bid for Juventus Control
Tether offered €2.66 per share for Exor’s 65.4% stake, valuing Juventus near €1.1B and aiming for full ownership.
Juventus shares and the JUV fan token jumped after the bid, though Exor sources say the club is not for sale.
Tether plans to invest €1B post-acquisition, expanding beyond crypto into sports with strong financial backing.
Tether submitted a binding all-cash proposal on December 13 to acquire Juventus Football Club in Turin, Italy. The offer targets Exor’s 65.4% stake, aims for full ownership, and includes a public tender. Tether said it acted to secure long-term control, fund stability, and expand beyond digital assets through sports ownership.
Binding Offer Sent to Exor
Notably, Tether confirmed it delivered the proposal directly to Exor, the Agnelli family holding company. Exor has controlled Juventus since 1923 and remains the club’s largest shareholder. According to ANSA, Tether offered €2.66 per share, valuing Juventus near €1.1 billion.
However, a source close to Exor told AFP the club is not for sale. The bid lapses if Exor does not accept by December 22 at 6:00 pm GMT. Meanwhile, Tether already owns about 11.5% of Juventus and recently gained a board seat through Francesco Garino.
Market Response and Ownership Structure
Following the announcement, Juventus shares rose sharply on the Milan exchange. The rally pushed the club’s market value close to €1 billion. At current prices, Exor’s stake stands near €540 million.
Juventus FC SpA trades publicly and previously carried a market cap near $925 million. Additionally, Juventus fan token JUV surged about 30% after the news. Tether stated that, after regulatory approvals, it would offer remaining shareholders the same price. This structure aims to secure full ownership through a transparent process.
Capital Plans and Financial Position
Tether said it stands ready to invest €1 billion into Juventus after completion. The funds would support infrastructure, squad development, and global expansion. CEO Paolo Ardoino confirmed the company’s long-term commitment and personal connection to the club.
Separately, Tether reported over $10 billion in net profits across the first nine months of the year. The firm also disclosed holdings of 116 tons of gold and ongoing investments across technology sectors.
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XRP Holds $2 as Market Pressure Builds Around a Critical Support Zone
XRP consolidates near $2 after months of weakening structure and repeated upper resistance failures
Selling pressure increased after rejected rallies above $3 earlier in 2025
Short-term stability masks elevated downside risk if $2 support breaks
XRP centers on a critical support test as the asset trades near $2.03. Market structure reflects consolidation after prolonged weakness, with traders monitoring whether this level holds or fails.
XRP Faces a Defining Test at the $2 Level
XRP is positioned at a technically important zone, with the $2 level acting as both psychological and structural support. A recent post from Ali (@alicharts) emphasized that XRP must hold this area to avoid a potential decline toward $1.20. The three-day chart reinforces that assessment, showing price compressing just above this threshold.
Source: X
Earlier market cycles established $2 as a reference point for buyer defense. As price approaches this zone again, hesitation is visible, suggesting traders are awaiting confirmation. Sustained acceptance above $2 may stabilize conditions, while any decisive loss risks triggering accelerated selling activity.
Prior Rallies Failed to Shift XRP Structure
The XRP showed a solid move in December 2024 into the early part of 2025, reaching the target of $3.20-$3.40. That move was met with heavy supply, forming a major resistance band that shaped subsequent trading behavior. The rejection marked the start of a broader corrective phase.
Between February and June 2025, XRP moved sideways within a $2.20–$2.80 range. This period reflected balance rather than strength, as buying interest failed to expand. A breakout attempt in July briefly pushed price above $3.40, yet the move quickly reversed, signaling exhaustion and renewed distribution.
Short-Term XRP Activity Shows Balance, Not Strength
Recent intraday data shows XRP trading within a narrow $1.98–$2.04 band. An early session decline toward the lower boundary attracted responsive buying, allowing price to reclaim $2. However, repeated approaches toward $2.04–$2.05 faced steady supply.
These shallow pullbacks suggest sellers are active but not dominant. XRP’s market capitalization near $122.7 billion and daily volume around $2.6 billion confirm ongoing engagement rather than capitulation. Still, upside momentum remains limited without acceptance above near-term resistance.
The current structure leaves XRP vulnerable to volatility. Holding $2 preserves short-term stability, while failure could open a path toward lower historical demand zones. Until a clear reaction unfolds, XRP remains range-bound, with the $2 level guiding near-term direction and trader positioning.
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Chainlink and Backed Launch Bridge for Tokenized Stocks
xBridge enables xStocks to move between Ethereum and Solana while accurately reflecting dividends and stock splits.
Chainlink CCIP secures cross-chain transfers, preserving asset behavior and data integrity for tokenized equities.
The pilot runs with Kraken support, with plans to expand xStocks bridging to Mantle, TRON and other networks.
Backed Finance announced at Solana Breakpoint the launch of xBridge, a new cross-chain bridge for tokenized stocks. The system allows xStocks to move between Ethereum and Solana while tracking dividends and stock splits. The launch involves Backed Finance, Chainlink, and early exchange support from Kraken.
How xBridge Handles Corporate Actions Across Chains
xBridge supports tokenized equities known as xStocks, which Backed Finance backs one-to-one with real-world stocks or ETFs. These assets reflect corporate actions, including dividends and forward or reverse stock splits. However, handling these actions across blockchains requires specialized infrastructure.
On Ethereum, xStocks use an adjustable multiplier to update balances. On Solana, they rely on Token2022 features and automatic rebasing. Notably, both methods update balances consistently after transfers. As a result, users retain accurate equity representation after moving assets between chains.
Chainlink’s Cross-Chain Interoperability Protocol, known as CCIP, powers the bridge. According to Chainlink, CCIP ensures that economic value and asset behavior remain consistent during transfers. This includes immediate reflection of corporate actions executed on either blockchain.
Chainlink’s Role and Network Security
Chainlink provides decentralized oracle infrastructure through CCIP, which supports secure cross-chain communication. According to Chainlink Labs, the protocol has enabled over $27 trillion in transaction value across more than 70 blockchains. xBridge uses this framework to preserve data accuracy during transfers.
Johann Eid, Chief Business Officer at Chainlink Labs, said CCIP supports secure access to tokenized equities across networks. He highlighted its role in maintaining institutional-grade standards for cross-chain assets.
Yotam Katznelson, CTO and COO of Backed Finance, said xBridge connects Ethereum and Solana ecosystems. He explained that the system allows tokenized stocks to move freely while reflecting real-world corporate events.
Pilot Launch and Planned Expansion
xBridge is live in pilot mode on Ethereum and Solana. Backed Finance confirmed that more than 50 xStocks already operate across exchanges. Several centralized platforms support these assets, including Kraken, which acquired Backed earlier this month.
Backed Finance plans to expand xBridge support to Mantle, TRON, and additional blockchains. The company introduced xStocks in June through its partnership with Kraken. According to Backed, xStocks have exceeded $10 billion in total transaction volume.
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Bitmine Boosts Ethereum Holdings with $46M Acquisition
Bitmine’s disciplined ETH purchase reflects a long-term strategy, not speculative buying, at an average price of $3,008.
Technical indicators like inverse head & shoulders and golden signals suggest bullish momentum for Ethereum’s price.
Institutional adoption of Ethereum grows as ETH becomes core infrastructure for DeFi, tokenization, and blockchain innovation.
Tom Lee’s crypto-focused firm Bitmine has made a striking move in the Ethereum market, acquiring 14,959 ETH worth nearly $46 million. The purchase, confirmed by Lookonchain on X, pushes Bitmine’s Ethereum holdings beyond 3.86 million ETH.
This action demonstrates that Bitmine is committed to holding Ethereum for the long run rather than only trading it for short-term gains. Similar to how businesses handle Bitcoin, the company is considering ETH as a crucial component of its strategy by gradually increasing its purchases while paying attention to Ethereum's useful applications in smart contracts and decentralized systems.
The average entry price of Bitmine is currently approximately $3,008 per ETH, indicating methodical accumulation. This trend is being keenly watched by experts and investors, who see it as a smart wager on Ethereum's potential for growth.
Smart contracts, decentralized trading platforms, stablecoins, and tokenized real-world assets—all of which are expanding globally—are all powered by Ethereum. Because of this, more organizations view ETH as a necessary technology rather than merely a hazardous investment.
Technical Signals Indicate Further Upside
Market participants are also noting Ethereum’s technical patterns. Donald Dean highlighted an inverse head and shoulders formation, setting a potential price target near $4,955.90. He stated that ETH “recently launched higher from the volume shelf and is moving to the $3,300 volume shelf for a potential launch area.” This pattern often signals bullish momentum, attracting additional institutional interest.
Moreover, Bryant pointed out that ETH recently triggered a “golden signal,” which historically preceded a major rally. He noted, “On the last golden signal, $ETH climbed from $1,800 to $4,800. But bankers need to take control before it can keep climbing.” These indicators suggest growing whale activity, supporting Bitmine’s accumulation strategy.
Ethereum’s Rising Institutional Appeal
Ethereum’s way of handling money and its practical uses are drawing interest from asset managers, funds, and companies looking for reliable exposure. More institutions now see ETH as a base for building new financial tools.
Bitmine’s recent purchase adds confidence in the market, and moves like this could inspire other companies to increase their Ethereum holdings as the ecosystem grows.
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Ethereum Faces Bear Flag Pressure as $2,400 Downside Target Remains Active
Ethereum trades inside a rising channel, reflecting corrective price behavior rather than renewed upside strength.
A confirmed breakdown from the channel projects a measured move toward the $2,400 demand zone.
Post-liquidation consolidation shows reduced volume and unresolved short-term directional conviction.
Ethereum remains under short-term pressure after a sharp intraday repricing, as price stabilizes at lower levels while traders evaluate a corrective structure and nearby technical boundaries shaping direction.
Corrective Channel Frames Market Structure
Ethereum shifted into a rising channel following a decisive impulsive decline earlier in the session. The structure reflects controlled retracement rather than accumulation-driven recovery, with price respecting clearly defined channel boundaries.
Ali (@alicharts) described the formation as a potential flag, noting clean symmetry and proportional movement. Each advance stalled near resistance, while pullbacks remained shallow and overlapping, reinforcing corrective characteristics.
Ethereum traders continue monitoring the lower boundary of the rising channel for confirmation. A clean breakdown below support would validate the flag structure and favor continuation aligned with the dominant trend.
Measured move projections derived from the initial sell-off point toward the $2,400 region. This area aligns with prior demand and psychological relevance, increasing its importance if bearish momentum resumes.
Liquidation Reset Shapes Short-Term Balance
Eth climbed down swiftly in the session during the month at the range of $3,250-$3,050. The speed of the move suggests liquidity targeting and forced unwinding of leveraged positions rather than orderly distribution.
Source: Coinmarketcap
Following the downward, Ethereum gathered between $3,050 and $3,100 with less involvement. The volume declined by over 11% and the resistance is at present between $3,150 and $3,200.
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OCC Grants Conditional Trust Bank Charters to Crypto Firms
OCC approved trust bank charters for Circle and Ripple and conversions for BitGo, Paxos and Fidelity Digital Assets.
The move shifts major crypto firms under federal supervision, focusing on custody and fiduciary services, not lending.
Firms say charters strengthen oversight of stablecoins and digital assets as OCC policy turns more accommodative.
The U.S. Office of the Comptroller of the Currency announced that it granted conditional national trust bank charters to five digital asset firms. The approvals cover Circle, Ripple, BitGo, Paxos and Fidelity Digital Assets. The move places stablecoin issuers and custodians under federal oversight after meeting regulatory conditions.
Which Firms Received Conditional Approval
The OCC approved two new national trust banks and three charter conversions. Notably, Ripple and Circle’s First National Digital Currency Bank received de novo national trust bank approvals. Meanwhile, BitGo, Fidelity Digital Assets, and Paxos gained approval to convert existing state trust charters to federal status.
Once finalized, these firms will join about 60 OCC-regulated national trust banks. However, trust banks face limits compared to full national banks. They cannot accept deposits or issue loans. Instead, they focus on fiduciary services, including digital asset custody and administration.
According to the OCC, the agency applied the same review standards used for all charter applications. Each firm must still meet operational, compliance, and supervisory requirements before final approval.
Regulatory Shift Under OCC Leadership
The approvals follow a policy shift under Comptroller Jonathan V. Gould, appointed during President Donald Trump’s administration. Previously, crypto firms relied mainly on state charters. However, the OCC has moved toward accommodating federally supervised digital asset institutions.
Gould stated that the OCC supports both traditional and innovative financial services. He added that new entrants strengthen competition and consumer access. The OCC remains the only federal agency authorized to charter national banks and trusts.
The agency also released a report Thursday addressing debanking practices. It stated that major U.S. banks severed ties with lawful businesses, including crypto firms, and may face penalties.
Responses From Circle, Ripple, and Other Firms
Ripple CEO Brad Garlinghouse described the approval as “huge news” in a post on X. He referenced Ripple’s $1.3 billion RLUSD stablecoin and criticized banking industry opposition. Circle said its charter would enhance oversight of USDC reserves and support institutional custody services.
Paxos highlighted its federally regulated platform for issuing and settling digital assets. BitGo CEO Mike Belshe said the approval marks deeper regulatory integration. Fidelity Digital Assets also received conversion approval, expanding its federal regulatory status.
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Fogo Cancels Token Presale, Shifts Focus to Airdrops Ahead of Mainnet
Fogo cancels presale, airdrops 2% of tokens to early supporters for broader distribution and mainnet focus.
Fogo Flames program rewards early adopters, including Fogo Fishers, Portal Bridge users, and USDC bridge participants.
Fogo targets 40ms block times, 1,000+ TPS, and integrates Jump Crypto validator software for fast, secure transactions.
Fogo, an experimental Layer 1 blockchain built on the Solana Virtual Machine, has abruptly canceled its planned $20 million token presale ahead of its January mainnet launch. The project, led by former Wall Street and Jump Crypto executives, now plans to distribute tokens through airdrops instead.
Fogo Foundation Director Robert Sagurton said “The original goal of the presale was broad distribution to the current users and loyalists, but we determined there are better ways to do that while we focus on the launch of public mainnet.”
Originally, the presale would have offered 2% of FOGO’s total supply at a $1 billion valuation. However, Fogo will now airdrop that same allocation to early supporters.
Additionally, the team recently released its tokenomics, revealing 6.6% of tokens earmarked for immediately tradeable airdrops. Core contributors receive 34% locked under a four-year vesting schedule, while the Fogo Foundation will control about a third of the initial supply.
Institutional investors, including Distributed Global and CMS Holdings, secure 8.77% of tokens, with advisors set to receive 7%. Furthermore, 11.25% of tokens were allocated to community ownership through prior Echo crowdfunding sales.
Expanding Community Incentives
Besides the airdrops, Fogo is rewarding early adopters through its Fogo Flames points program. Points will go to Fogo Fishers, Portal Bridge participants, and early USDC bridge users, and will be redeemable for tokens after the mainnet launch on January 13.
Sagurton emphasized, “We have taken note. The Fogo Flames points program remains a central pillar to give meaningful distribution to developers, community members and ecosystem participants.” Moreover, the project burned an additional 2% of the genesis supply initially reserved for contributors, permanently reducing total supply.
Fogo targets 40-millisecond block times and over 1,000 transactions per second on its testnet. Additionally, it plans to integrate Jump Crypto’s validator client software, marking a first for a blockchain network. The project also emphasizes reduced malicious MEV and real-time trade execution.
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Solana Breaks Falling Wedge: Is an Early Bullish Structure Emerging?
Solana broke above a falling wedge, signaling early bullish structure, while volume confirmation remains limited.
Options activity surged sharply as futures participation cooled, reflecting volatility positioning over leverage.
Long liquidations dominate recent sessions, suggesting a leverage reset rather than renewed bearish pressure.
Solana is showing early signs of structural improvement after exiting a prolonged corrective pattern. Price behavior remains measured, indicating a transition phase where confirmation levels and participation metrics guide short-term market direction.
Falling Wedge Breakout Alters Technical Structure
Solana’s daily chart confirms a breakout from a long-standing falling wedge formed during an extended corrective phase. The structure reflected diminishing downside momentum, with sellers losing control as successive lows showed weaker continuation.
Source: X
A Bitcoinsensus tweet described the breakout as bullish in structure but lacking immediate expansion. That characterization fits historical wedge resolutions, which often require acceptance before sustained directional movement develops.
Key Resistance Levels and Volume Conditions
Following the breakout, Solana price action has attempted to establish higher lows above the former wedge boundary. This behavior suggests improving bid-side interest, though the advance remains controlled rather than impulsive.
The $140 region represents the primary confirmation threshold for continuation. A decisive daily close above that level, supported by volume expansion, would validate acceptance above former resistance.
Derivatives data shows cooling short-term futures activity alongside growing options participation. Aggregate futures volume declined 6.86% to $14.12B, while open interest eased 0.65% to $7.31B. Options markets moved differently, with volume rising 209.78% and open interest approaching $198.58M. Long liquidations dominated recent sessions, while Solana, as of writing, trades at $132.67, down 4.58% daily with $4.94B volume.
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Solana Holds in Accumulation Zone as Analysts Watch Key Descending Trendline Break
SOL trades within a broad accumulation zone while remaining under a major descending trendline.
Price approaches a resistance confluence near $144 as demand builds through repeated range tests.
Institutional inflows and rising network activity support growing attention toward Solana’s market structure.
Solana continues to trade inside a wide consolidation area, and the market stays below its major descending trendline. Price action moves within the accumulation phase as traders watch the approaching trendline. According to the analysts “once the trendline breaks, we can expect +50% Bullish Rally so keep accumulating,” though this remains part of the chart’s internal text.
SOL Still Moving Inside the Accumulation Phase
Solana continues to trade inside a fixed range near its recent lows, and the market shows steady swings between the defined boundaries. According to analysis prepared by Captain Faibik, price action holds inside a broad accumulation box while the descending trendline presses down from above.
The upper boundary faces repeated tests as buyers lift the price toward the ceiling, yet the trendline still restricts progress. Market data places SOL at $138.45 after a gain of 5.78% in the last day, and the market cap rises to $77.78 billion. Trading volume reaches $5.14 billion, though it shows a daily drop of 23.15%.
Source: CoinMarketCap
During the monitored period, Solana begins near $131.02 and moves higher with steady demand. The structure forms clean higher lows, and these levels build a controlled upward path. Buyers guide each rotation through small consolidation areas, and the session ends near $138.4 with price holding near the upper region of the daily range.
Trendline Confluence Near Resistance Levels
SOL remains below the trendline that connects earlier lower highs, and this barrier keeps the market inside the accumulation phase. According to an observation by CryptoRand, SOL now trades near a major confluence where the horizontal range ceiling meets the descending trendline. The analyst notes that a move over the $144 region would mark a full reversal zone on the chart.
Source: CryptoRand(X)
Institutional inflows continue to raise attention as Solana ETFs register $16.6 million in new allocations. The network also records strong application revenue above 3.6 million in the last day, and this strengthens ecosystem activity.
Coinbase adds support for on-chain swaps through its Solana-powered DEX, and this step improves access for retail and institutional users. Invesco Galaxy also moves toward its Solana ETF launch after filing Form 8-A with the SEC, and this event may influence market behavior once broader conditions stabilize.
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XRP Tests Key 21-Month EMA as Analysts Watch for a Possible Repeat of the 2017 Rally
XRP retests the 21-month EMA in 2025, echoing the setup seen before the 2017 all-time high.
Spot ETFs show 19 days of steady inflows, lifting demand for regulated exposure to the asset.
Broader crypto strength and whale sales shape current market flows as wrapped XRP expands use.
XRP trades above the $2 level as traders watch a long-term structure that many compare with the move seen in late 2017. The token tested the 21-month EMA in December 2017 before a move to all-time highs in January 2018. The chart now shows a similar EMA test in December 2025, and the creator asks if the market may repeat that pattern as long as the trendline holds during the next twenty days.
Long-Term Market Pattern and Structural Levels
XRP trades near $2.03 after moving within a narrow band between $1.99 and $2.05. Coingecko data shows steady liquidity with a trading volume of $2.87 billion, while the market cap remains near $122.42 billion. The intraday chart shows a rise toward $2.06 before a move back to $2.02, and the price later settles near the upper part of the range.
Source: Coingecko
The long-term chart follows XRP from 2014 up to 2025 and depicts a rising base with increasing lows. The market forms a wide consolidation range during 2015 and 2016 before breaking above resistance in 2017. The candles move above the 21-month EMA and touch it again during December 2017.
XRP again approaches a horizontal resistance area during 2024 and early 2025. The candles also return to the 21-month EMA in December 2025, and the chart labels this move as a repeat of the 2017 test. According to JayDee, “If the trendline holds in 20 days, I expect ATH in Q1 2026.”
ETF Activity and Broader Market Developments
XRP Spot ETFs record 19 straight days of inflows. The daily inflow reached $16.42 million on December 11th, and total inflows stand near $970.75 million. This trend shows steady interest in regulated products that provide exposure to XRP.
Source: AliCharts(X)
The wider crypto market also shows renewed strength as Bitcoin moves above $92,000 and Ethereum trades above $3,200. Other large assets, including Solana, Cardano, Chainlink, and Dogecoin, also move higher.
According to Ali Charts, whales sold 280 million XRP during the last week, and this event forms part of recent trading flows. Hex Trust also launches wrapped XRP on Solana through LayerZero, and the project aims to expand XRP use across DeFi and cross-chain systems.
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$AVAX Growth: Stablecoin Supply Up 20% Amid Avalanche Network Surge
$AVAX stablecoin supply increased by 20.50% in the past seven days and hit $1.907 billion signaling strong capital inflows on Avalanche.
Avalanche recorded over 47 million transactions in one day, a signal of consistent network activity and growing adoption across DeFi and smart contracts.
$AVAX currently trades near $13–14, with long-term accumulation zones previously producing rallies above 600%, suggesting potential upside opportunities.
$AVAX is experiencing notable changes in its ecosystem, with stablecoin supply increasing sharply and network activity reaching new levels. These developments signal evolving liquidity patterns and growing participation across the Avalanche network.
Stablecoin Supply Expands on Avalanche
Over the past seven days $AVAX stablecoin supply has risen by 20.50% reaching $1.907 billion, according to on-chain data. The growth suggests new capital is entering the ecosystem. Often this precedes broader liquidity deployment and yield farming.
Marc Shawn Brown highlighted the surge, noting that the chart shows an initial decline followed by a strong upward rebound. This pattern reflects capital re-accumulation, with the stabilization suggesting a potential new liquidity base.
The increase in stablecoin supply can enhance liquidity pools, support trading volume, and tighten spreads. For $AVAX, this provides foundational support for both native token movement and Avalanche-based asset activity.
Record Network Activity Signals Usage Growth
Avalanche has recorded unprecedented transaction levels, surpassing 47 million in a single day on December 5th. The spike indicates the network is handling significant real economic activity, not temporary bursts.
The chart accompanying Brown's analysis shows dense, sustained transaction activity around the spike. This suggests consistent usage by DeFi protocols, gaming platforms, and automated smart contracts.
Rising stablecoin supply combined with high transaction throughput indicates $AVAX is entering a new phase of network utility. The chain's parallelized architecture appears increasingly validated under heavier loads.
$AVAX Price Trends and Technical Overview
$AVAX currently trades around $13–14, with technical indicators showing pressure below 50-day and 200-day moving averages. RSI remains near 40, indicating a mildly weak zone, without oversold conditions.
Crypto Patel’s analysis notes $AVAX has repeatedly tested a descending trendline since 2021. Accumulation zones between $8–$10 have historically produced rallies exceeding 600% to 1,400%. Future moves may align with these long-term patterns if support holds.
Institutional developments, including the WisdomTree tokenized funds and real-world asset projects and long-term infrastructure support. However, $AVAX remained exposed to market fluctuations and regulatory risks. This required cautious trading aligned with individual strategies.
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JPMorgan Issues Galaxy’s Tokenized Bond on Solana in Industry First
JPMorgan issued Galaxy’s tokenized commercial paper on Solana, settled fully in USDC.
The launch signals rising institutional adoption of on-chain debt across public networks.
Solana’s performance and infrastructure are attracting more large-scale financial issuances.
JPMorgan has issued a tokenized commercial paper instrument for Galaxy Digital on the Solana network. The USCP token marks one of the first corporate debt issuances executed on a public blockchain. Coinbase and Franklin Templeton purchased the new instrument, and all issuance and redemption activity will settle in USDC.
JPMorgan Issues Galaxy’s Tokenized USCP on Solana
JPMorgan arranged the issuance through a Galaxy Digital subsidiary. The bank said the event serves as an early example of how public chains may carry short-term debt instruments at scale. Scott Lucas, Head of Markets Digital Assets at JPMorgan, said the move shows “institutional appetite for digital assets” and the firm’s ability to bring new tools on-chain.
The size and maturity terms of the issuance were not disclosed. The USCP token represents Galaxy’s short-term corporate debt and is structured for use on Solana. Both issuance and redemption flows will be paid using USDC, which the firms noted as a market first for this type of debt.
Galaxy stated the format supports new funding paths and provides access to investors using blockchain-based money market tools. The company has worked on other on-chain instruments in the past, including tokenized representations of its equity on Solana.
Institutional Activity Accelerates Across the Solana Ecosystem
Coinbase is providing wallet services and private-key custody for the USCP token. The exchange will also support the on- and off-ramp process for USDC tied to the transaction. Franklin Templeton joined as a buyer, and the asset manager remains active in tokenizing debt instruments across public networks.
Jason Urban, Global Head of Trading at Galaxy, said the event shows how public chains can support “open, programmable infrastructure” for financial products. JPMorgan noted that demand for digital asset exposure has grown as more institutions explore tokenized markets. Solana Foundation members said the network’s architecture can support advanced financial tools without losing speed.
Recent activity includes Kalshi’s tokenized prediction markets and other institutional projects. Data from SoSoValue shows rising institutional use of Solana, including growth in Solana ETFs. The issuance coincides with global interest in new debt formats. Banks in Asia, Europe, and the U.S. have tested on-chain bonds and commercial paper. JPMorgan said the model may support future settlement systems as tokenized assets expand.
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Hex Trust Launches wXRP on Solana With $100M TVL and LayerZero Cross-Chain Access
Hex Trust launches wXRP on Solana with $100M TVL, giving XRP regulated cross-chain DeFi access.
LayerZero-powered wXRP enables swaps and liquidity pools without using unregulated bridge tools.
wXRP expands to more chains as XRP, RLUSD, and wrapped assets gain new liquidity paths in DeFi.
Hex Trust has announced the launch of wXRP, a 1:1 backed wrapped version of XRP that enters the Solana ecosystem. The asset aims to expand XRP activity across cross-chain DeFi markets and will begin with more than $100 million in TVL. The move also supports new liquidity paths between XRP and RLUSD across supported networks.
Hex Trust Introduces Wrapped XRP With Cross-Chain Access
Hex Trust confirmed the launch of wXRP, a wrapped asset backed by native XRP in regulated custody accounts. The firm said authorized merchants can mint and redeem wXRP in a controlled and compliant process. Each token remains redeemable 1:1 for XRP held in segregated custody.
The company noted that the new asset will support broader DeFi access on Solana and other chains. According to the announcement, wXRP will launch with more than $100 million in TVL to support early liquidity needs. Giorgia Pellizzari, CPO and Head of Custody at Hex Trust, said the product gives users access to “trusted, compliant infrastructure” across the supported blockchains.
Hex Trust will use LayerZero’s OFT standard to allow cross-chain transfers. The firm said this setup enables participation in swaps, liquidity pools, and rewards programs without relying on unregulated bridges. Markus Infanger, SVP of RippleX, said the asset “fits naturally with the work we’re doing with RLUSD,” as users gain a regulated method to manage XRP across networks.
Expansion Across Multiple Blockchains and Market Response
The company confirmed that wXRP will debut on Solana and later expand to Optimism, Ethereum, HyperEVM, and other networks. The asset aims to support XRP and RLUSD liquidity pairs across chains where RLUSD is already active. The custody structure retains insurance, AML controls, and auditability for all XRP held by Hex Trust.
Other wrapped versions of XRP also exist in the market, including Coinbase’s cbXRP and Universal Wrapped XRP. Recent activity in the ecosystem also includes an XRP staking product from Firelight Finance on Flare, which introduced a liquid stXRP token.
The market saw muted price reactions during the launch window. XRP trades near $2.03 after a rise of more than 2% in the last day. Solana trades above $130 after a 6% rebound, while trading volume for both assets shows a clear decline across the same period.
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SEI Stablecoin Growth and Rising Network Activity Boost Momentum
SEI’s stablecoin supply increased by more than $7 million in two weeks, bringing higher liquidity and smoother trading conditions across the network.
Stablecoin transfer volume surged 4.7× within three days, showing faster capital movement and stronger participation across SEI-based markets.
SEI gained broader institutional visibility through index inclusion, ETF exposure, and new collaborations that supported its expanding ecosystem presence.
SEI recorded expanded stablecoin activity and broader ecosystem traction during early December, supported by rising liquidity, higher transfer volumes, and new institutional visibility across major market venues.
Stablecoin Growth Fuels SEI’s Expanding Liquidity Base
SEI’s stablecoin supply added more than $7 million in two weeks. This increase lifted the overall stablecoin market value on the network to about $85.54 million with a modest weekly advance. The steady climb, although measured, pointed to additional liquidity entering SEI’s markets.
Brown stated that the added supply can support smoother trading conditions and deeper liquidity pools. The movement also aligned with periods of varied demand shown on the chart, where smaller peaks and pauses formed as traders repositioned holdings or accessed new opportunities.
These shifts continued to form part of a broader pattern of expanding liquidity channels on the network. Market observers interpreted the sustained inflow as gradual positioning from capital providers who are strengthening SEI’s role as a settlement environment. If the pace remains steady, SEI could continue shaping a larger portion of stablecoin flows within its ecosystem.
Rapid Transfer Surge Signals Accelerated On-Chain Activity
Another update from Brown pointed to a sharp increase in stablecoin transfer volume, climbing from roughly $70–80 million on December 3–4 to more than $320 million on December 6. This pattern represented a 4.7× expansion within three days.
The surge indicated heavier liquidity movement and faster turnover across SEI.Brown explained that such a change often accompanies liquidity migration or expanded trading between SEI-based markets.
The quick rise aligned with the network’s design, which focuses on high throughput and lower latency. These characteristics appeared to support the week’s sharp increase in transactional activity.
The strong jump also hinted at the presence of new market incentives, integrations, or arbitrage activity among decentralized exchanges operating on the network. As more liquidity circulated, trading conditions became more active, enabling broader participation from various market actors.
Institutional Momentum Positions SEI for Wider Market Reach
Clifton Fx commented on SEI’s chart behavior, stating that the asset was approaching a key trend line on the 12-hour timeframe. He suggested that a breakout scenario could shift market direction if momentum continued. This remark accompanied the broader narrative of rising network engagement.
Additionally, SEI entered the Coinbase 50 index during the same week with a 0.06% weight. The asset also appeared in existing index products, placing it in front of a wide set of institutional users. This movement expanded SEI’s presence across major market-tracking platforms.
The week also included SEI’s selection in the CoinShares Altcoins ETF and a collaboration with Allora Network. Furthermore, USDT recorded the largest 30-day rise among stablecoins on SEI. These developments showed consistent activity as SEI aimed to attract institutional and retail participants.
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$ASTER Buybacks Hike to $4M Daily, Driving Liquidity and Reversal Potential
$ASTER price shows liquidity-driven movements, gravitating toward dense order clusters, reflecting accumulation, distribution across November–December.
The break above a multi-week descending trendline suggests momentum may shift, with buyers reclaiming support near 0.88 USDT and targeting 1.083 USDT.
Accelerated Stage 4 buybacks at $4M daily provide on-chain liquidity, front-loading market support, and ensuring transparent execution over the next 8–10 days.
$ASTER is drawing attention as the team accelerates Stage 4 buybacks to approximately $4 million per day. This move aims to stabilize the market and provide increased liquidity during periods of heightened volatility. The accelerated program will last for 8–10 days.
Liquidity Clusters Driving $ASTER Price Movements
Recent analysis of $ASTER price action reveals liquidity-driven behavior influencing short-term movements. A heatmap shared by ArdiNSC illustrates resting liquidity concentrations, showing yellow and white zones as dense areas.
These pockets often attract price, with algorithms and traders clustering orders around them.During mid-November, $ASTER repeatedly gravitated toward dense liquidity above current prices.
By late November, horizontal layers formed, signaling a potential distribution phase as market participants placed opposing buy and sell orders. The early December chart shows a bright yellow liquidity block below price, suggesting a liquidity-driven decline into that zone.
Afterward, fragmented liquidity indicates reduced strong buying interest, showing how $ASTER moved from accumulation to liquidity-seeking decline.$ASTER price is influenced more by concentrated order clusters and resistance dynamics.
These levels are where traders anticipate potential entry or exit points based on market absorption.
Trendline Break Sparks Reversal Potential
$ASTER broke a multi-week descending trendline. Price had previously been rejected four or more times along this diagonal resistance. The recent dip into the 0.88 USDT support zone produced wicks indicating liquidity absorption.
Buyers re-entered aggressively, creating a rebound toward the trendline.This structure suggests a potential momentum shift if $ASTER maintains gains above the trendline.
ASTERUSDT Price Chart / Source: X
The next key upside target lies around 1.083 USDT, indicating possible short-term trend reversal. While the market has yet to confirm this move, the break of a persistent downtrend may attract renewed buying interest.
Trendline dynamics combined with horizontal support behavior suggest that $ASTER’s market structure is evolving..
Stage 4 Buybacks Step Up Market Support
On December 8, $ASTER officially announced acceleration of Stage 4 buybacks to roughly $4 million per day. This adjustment increases support for holders by front-loading liquidity to manage volatility effectively.
The accelerated pace will continue for 8–10 days, with the original execution wallet remaining unchanged.Stage 4 buybacks are executed on-chain and fully transparent, allowing verification by any participant.
According to the announcement by Aster_DEX, daily purchases will continue at 60–90% of prior day revenue after reaching steady-state execution. This proactive approach aims to maintain market stability while ensuring liquidity availability.
Overall, the accelerated buybacks and liquidity-driven market structure may help $ASTER navigate current volatility.
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Dogecoin Weakens Further: Analysts Eye $0.081 as the Bounce Zone
Dogecoin’s URPD reveals minimal historical buying under current levels, indicating thin structural support and potential accelerated downward movement.
The 12-hour symmetrical triangle pattern shows weak volume, confirming DOGE trades on fragile footing with limited buyer defense.
Historical accumulation near $0.081 represents the next significant support cluster capable of absorbing strong sell pressure effectively.
Dogecoin $DOGE faces fragile support beneath its current price, suggesting a potential downward move toward stronger accumulation zones. On-chain data indicates limited buyer activity under current market levels.
Sparse Support Under Current Price
Dogecoin’s UTXO Realized Price Distribution (URPD) shows thin support beneath the present price. The URPD measures where holders last transacted, reflecting zones of structural and psychological support.
Most realized volume is clustered well below current levels, leaving few buyers defending the price.The data shows only low-density bars immediately below DOGE, indicating that a breakdown could accelerate downward momentum.
DOGE UTXO Chart / Source: X
Sparse support zones allow sellers to push prices lower quickly due to the absence of significant buyer presence. The first notable accumulation cluster appears near $0.081, where historical volume is substantially higher.
This concentration near $0.081 reflects committed holder activity and could serve as the next major support if current levels fail. Until DOGE reaches this zone, price action remains exposed to rapid declines. Analysts suggest monitoring the thin support closely to assess potential risk.
Symmetrical Triangle Formation Signals Fragility
DOGE has formed a symmetrical triangle on the 12-hour chart. This pattern indicates a period of price compression within the current downtrend. Even though Dogecoin has bounced off the lower trendline a few times, trading volume remains low.
DOGEUSDT Price Chart / Source: X
This shows buyers aren’t strongly defending current prices, leaving the market exposed.On-chain data confirms that little historical buying exists immediately below the triangle.
If DOGE breaches the lower boundary, it may accelerate toward the $0.081 support cluster.The triangle’s formation, combined with sparse structural support, suggests volatility could increase.
Traders are expecting a rapid downward movement if the pattern resolves to the downside. Market participants should note that the first meaningful support lies substantially lower.
Volatile Price Action Reflects Shallow Support
Recent DOGE market behavior shows repeated rebounds with sharp pullbacks, reflecting reactive rather than confident buying. Early December saw a brief dip in market cap, followed by a recovery lacking depth. These moves indicate that current levels are weakly defended.
Price spikes around December 6th and 7th further illustrate how thin support can result in sudden losses. The absence of concentrated holders at current levels allows small sell-offs to cascade into larger declines. Analysts point out that the next substantial buffer exists only near $0.081.
Traders monitoring Dogecoin should note the combination of technical patterns and on-chain data. With historical accumulation concentrated at lower levels, DOGE remains exposed to rapid movements until stronger buyer clusters emerge.
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