Altcoin season index

Cryptocurrency trading has become more accessible than ever, but with hundreds of exchanges on the market, choosing the right platform for buying, selling, and trading Bitcoin or altcoins can be overwhelming. Whether you’re a beginner or a professional trader, understanding the key factors behind top crypto exchanges will help you make an informed decision. In this guide, we’ll explain how to evaluate exchanges and provide our picks for the best options for different needs. Why Trading Volume and Liquidity Matter High trading volume is a key indicator of an exchange’s health and reliability. Exchanges like Coinbase, Bitget, lead the global market in both spot and derivatives volumes, indicating: Better liquidity (easier to enter or exit positions) Lower spreads (better pricing for traders) Reliable order execution, even at high volumes RANK EXCHANGE DAILY VOLUME (USD) 1 Binance $17B 2 Bybit $3.3B 3 OKX $2.7B 4 Coinbase $2.5B 5 Bitget $1.5B Top Crypto Exchanges by Spot Trading Volume (2025), Source: Coinmarketcap, December 2025 High liquidity is especially important for large trades, those focused on day trading, and for markets experiencing volatility. CEX or DEX: Which to Choose? The choice between centralized exchanges (CEX) and decentralized exchanges (DEX) depends on your priorities: CEX Advantages: Easier onboarding, higher liquidity, fiat support, better speed, customer service, and advanced features, but custodial (funds held by the platform). DEX Advantages: Greater privacy and self-custody, typically no KYC, but often lower liquidity, less fiat support, and simpler features. For most users, top CEXs (like Kraken, Bitget, or Binance) are recommended, especially for beginners or those trading large amounts, because of higher liquidity, security controls, and better compliance. Key Metrics for Evaluating Exchanges a. Security and Trust Strong security is non-negotiable. Look for: 2FA/MFA authentication Cold wallet storage (e.g., Kraken, Bitget, and Binance all operate at a high level here) Transparent audit reports (proof of reserves) History of responding to hacks or incidents b. Fees and Cost Efficiency Trading fees and overall costs are critical, especially for active day traders: Bitget offers some of the lowest spot and futures trading fees (0.10%/0.10% spot maker/taker, 0.02%/0.06% futures), making it a top choice for cost-conscious traders. Binance is also globally recognized for low fees (0.1% for both spot maker/taker). Kraken has slightly higher fees but is praised for security and reliability. Coinbase is convenient but has noticeably higher trading fees (up to 0.60% for spot takers). Always check withdrawal and deposit fees, and watch out for hidden costs such as spreads or “instant buy” markups. c. Asset Selection (Especially for Altcoins) For broad altcoin access, Binance and Bitget, each offering hundreds of tokens and regularly listing new projects. DEXs can touch even more experimental tokens but may have poor liquidity. d. User Experience, Mobile App & Customer Support Platforms like Coinbase and Bitget are beginner-friendly, featuring intuitive interfaces and comprehensive help centers, while Binance provides robust trading tools for professionals.Mobile APP ratings are important for on-the-go traders: Bitget, Binance, and Coinbase rank highly in user reviews for functionality and security. e. Fiat On-Ramp & Withdrawal Kraken, and Bitget are commended for multi-fiat support, allowing users from different regions to deposit/withdraw USD, EUR, and more through various channels (bank transfers, credit cards). Best Exchanges by Category (2025) Drawing on all three references, here are current category leaders: CATEGORY TOP EXCHANGE(S) REASONS Trading Fees Bitget, Binance Industry-low spot and derivatives fees (Bitget spot taker as low as 0.10%) Liquidity Coinbase, Bitget, Binance Top global volume, deep order books Best for Beginners Coinbase, Bitget, Kraken Simple UI, strong support, useful learning resources Altcoin Options Bitget, Binance Hundreds of listed tokens, including trending and new assets Best Mobile App Bitget, Binance, Coinbase High APP ratings; smooth UX, full trading features Best Fiat Support Kraken, Bitget Wide fiat deposit/withdrawal options, accessible to many countries Practical Checklist for Choosing an Exchange Before you commit, always: Clarify Your Needs: Are you day trading, holding, or seeking new altcoins? Compare Fees: Use fee comparison tables and official schedules. Check Liquidity: Higher volumes mean smoother trades and less slippage. Verify Security: Prefer platforms with third-party audits and published safety protocols. Test the APP: Download and test mobile APPs for reliability. Confirm Fiat Access: If you need to buy with fiat, check supported regions and payment methods. Evaluate Support: Look for exchanges with responsive customer service and education centers. Conclusion Choosing the best crypto exchange for Bitcoin and other cryptocurrencies in 2025 is about balancing volume, fees, security, user experience, and fiat access. Drawing on leading industry analyses, Bitget emerges as a prime option for traders wanting low fees, deep liquidity, and a feature-rich environment, alongside proven leaders like Coinbase, Kraken, and Binance. FAQs: 1. What fees should I consider before joining an exchange?Compare spot and derivatives (futures) maker/taker fees, withdrawal and deposit charges, possible spread/hidden costs, margin/funding fees, and any fiat conversion surcharges. Bitget and Binance are noted for industry-low trading fees, while platforms like Coinbase may charge higher spot fees. 2. Which exchange is best for beginners?Coinbase, Kraken, and Bitget stand out for user-friendly interfaces, clear onboarding, and robust support. 3. How important is fiat support in a crypto exchange?Fiat support allows easy deposit and withdrawal of traditional currencies (USD, EUR, etc.). Exchanges like Bitget, and Kraken offer multi-fiat onboarding, serving users in many global regions. 4. What security features should I look for?Prioritize exchanges with 2FA/MFA, cold storage for client funds, transparent audits, and data protection policies. Kraken and Bitget have strong security reputations

Key Takeaways • By 2026, crypto exchanges have matured into full-service trading platforms offering spot markets alongside derivatives, staking, copy trading, and automated strategies, reflecting a more professional and competitive industry. • Security and transparency are now baseline expectations, with leading exchanges implementing proof of reserves, cold wallet custody, insurance or protection funds, and stricter risk management standards. • Derivatives trading dominates global crypto volume, making liquidity depth, fee structures, margin systems, and liquidation mechanisms critical factors for active and professional traders. • Major platforms including Bitget, Binance, Coinbase, OKX, Bybit, Crypto.com, Gemini, KuCoin, and MEXC serve different trader profiles depending on experience level, regional availability, and strategic focus. How to Choose the Best Crypto Exchange in 2026 By 2026, choosing a crypto exchange is about more than simply buying and selling cryptocurrencies. Leading platforms now combine spot trading with derivatives, staking, copy trading, and automated strategies, giving traders multiple ways to grow and manage their portfolios. The best exchange is one that aligns with your experience level, trading goals, and appetite for risk rather than just being the largest or most well-known. When evaluating exchanges, focus on security and transparency, including proof-of-reserves audits and custody practices, as well as liquidity, fee structures, supported assets, and customer support. Platforms such as Bitget, Binance, and Coinbase each prioritize these features differently. By understanding how these tools and services perform in real trading conditions, you can choose a platform that is reliable, versatile, and tailored to your strategy. Bitget Founded in 2018, Bitget has rapidly grown into a top-tier global crypto platform by positioning itself as a “Universal Exchange.” Rather than focusing solely on crypto spot markets, Bitget integrates digital assets with tokenized traditional-finance products, offering traders access to multiple asset classes within a single trading environment. From its mobile app to its advanced web interface, Bitget supports spot and futures trading across hundreds of cryptocurrencies, alongside tokenized stocks, ETFs, and other real-world assets. This unified approach allows traders to manage diversified strategies without needing to move funds across separate platforms. While Bitget offers a comprehensive range of spot and derivatives products, it stands out for its breadth of supported markets and its emphasis on copy trading. The platform allows users to trade cryptocurrencies alongside more than 100 on-chain stocks, including major global equities, with leverage of up to 25×. Through Bitget TradFi, traders can also access forex and commodities such as gold, all via USDT-denominated trading pairs. Copy trading is a core component of the Bitget ecosystem. The platform pioneered large-scale copy trading in crypto, enabling users to automatically mirror the strategies of experienced traders. Both spot copy trading and futures copy trading are available, along with AI-driven signal bots and customizable automated trading tools. This structure lowers the barrier to entry for newer traders while still offering flexibility for more advanced users. Security and transparency remain central to Bitget’s operations. The exchange publishes regular proof-of-reserves data, with its December 2025 report showing approximately 175% collateral coverage for on-chain user assets. Bitget also maintains a dedicated Protection Fund, uses cold-storage custody, and enforces mandatory identity verification. While the platform is not available to U.S. residents, it operates under regulatory frameworks in multiple regions, including oversight for its traditional-finance offerings through the Mauritius Financial Services Commission. With its combination of broad asset coverage, integrated crypto and traditional-finance markets, copy trading infrastructure, and emphasis on transparency, Bitget has established itself as a compelling option for traders seeking a more versatile trading experience in 2026. Feeling ready? Register now and explore the wonderful crypto world at Bitget! Binance As the largest cryptocurrency exchange by trading volume, Binance remains a major global trading venue in 2026. The platform reports more than 300 million registered users and supports thousands of trading pairs across spot, margin, and derivatives markets. Its scale and liquidity make it a central marketplace for a wide range of crypto trading activity. Binance offers a broad derivatives lineup, including USDT- and coin-margined perpetual futures, quarterly futures, options, and leveraged tokens. However, availability and functionality vary by region. In certain jurisdictions, users may be routed to localized versions of the platform, such as Binance.US, which offer more limited asset support and feature sets. Should You Use Bitget or Binance in 2026? Both Bitget and Binance offer extensive derivatives markets and global access, though they emphasize different aspects of the trading experience. Binance focuses on scale, liquidity, and a broad ecosystem of crypto services, while Bitget places greater emphasis on copy trading tools and access to tokenized traditional assets. In terms of transparency and compliance, both platforms continue to adapt to evolving regulatory requirements across regions. Availability of specific products and features may vary depending on a user’s location. For traders comparing exchanges in 2026, Binance and Bitget represent two large, multi-product platforms with distinct approaches to serving global crypto markets. Coinbase Founded in 2012, Coinbase is one of the most established cryptocurrency platforms in the industry and is widely known for its focus on regulatory compliance and user accessibility. Headquartered in the United States, Coinbase is a publicly listed company and primarily serves retail investors, though it has expanded its offerings to include more advanced trading tools in recent years. Coinbase provides spot trading for a broad range of cryptocurrencies, along with derivatives access in select regions. The platform emphasizes simplicity, fiat on-ramps, and regulatory alignment, making it a common entry point for users new to crypto markets. Should You Use Bitget or Coinbase in 2026? Bitget and Coinbase reflect different approaches to serving crypto traders in 2026. Coinbase emphasizes regulatory alignment, ease of use, and strong fiat on-ramps, making it a common choice for users who prioritize simplicity and compliance, particularly in regulated markets. Bitget, in contrast, focuses on a broader trading toolkit, including derivatives, copy trading, and access to tokenized traditional assets within a unified trading environment. For traders comparing the two platforms, the decision often depends on whether they value a compliance-first experience with limited product depth or a strategy-oriented platform offering more advanced trading features and asset diversity. OKX Founded in 2017, OKX is a global cryptocurrency exchange known for its strong focus on derivatives trading and on-chain services. The platform serves users across numerous regions and offers a broad suite of crypto products designed for active and advanced traders. OKX provides spot and derivatives trading across hundreds of digital assets, with support for perpetual futures, options, and margin trading. In recent years, the exchange has also expanded its Web3 offerings, integrating wallets, DeFi access, and NFT tools alongside centralized trading services. Should You Use Bitget or OKX in 2026? Bitget and OKX both cater to active traders, but they emphasize different aspects of the crypto experience. OKX focuses on derivatives depth, options trading, and on-chain integrations, appealing to users who want exposure to both centralized and decentralized markets. Bitget, by comparison, places greater emphasis on futures trading, copy trading, and access to tokenized traditional assets within a single trading environment. For traders evaluating these platforms in 2026, the choice often depends on whether they prioritize advanced derivatives and Web3 tools or strategy-driven trading and broader asset diversification. Bybit Founded in 2018, Bybit has established itself as a derivatives-focused cryptocurrency exchange with a strong presence among active traders. The platform serves users globally and is particularly known for its performance-oriented trading infrastructure and emphasis on perpetual futures markets. Bybit offers spot trading alongside a wide range of derivatives products, including USDT- and coin-margined perpetual contracts, options, and margin trading. Over time, the exchange has expanded its product suite to include staking, earn products, and trading tools aimed at both retail and professional users. Should You Use Bitget or Bybit in 2026? Bitget and Bybit both appeal to traders interested in derivatives, but they approach the market differently. Bybit centers on performance, liquidity, and derivatives depth, making it well suited for traders who prioritize execution speed and leveraged products. Bitget, in contrast, emphasizes strategy accessibility through copy trading and trading bot features, along with broader asset exposure that includes tokenized traditional assets. For traders comparing these platforms in 2026, the decision often comes down to whether they prefer a derivatives-first environment or a more diversified, strategy-driven trading experience. KuCoin Founded in 2017, KuCoin is a global cryptocurrency exchange often described as a platform “by the people, for the people.” It has built a strong reputation among retail traders for its wide asset selection and early access to emerging crypto projects. KuCoin supports spot trading, margin trading, futures, and a range of passive earning products across hundreds of cryptocurrencies. The exchange is particularly known for listing smaller-cap and newly launched tokens earlier than many larger platforms, which has made it popular among traders seeking diversification beyond major assets. Should You Use Bitget or KuCoin in 2026? KuCoin and Bitget appeal to different trading priorities. KuCoin is often favored by traders seeking broad exposure to altcoins and early-stage projects, especially those willing to manage higher volatility and conduct their own research. Bitget, in contrast, focuses more on structured trading tools, derivatives depth, and social trading features such as copy trading, alongside access to tokenized traditional assets. For traders in 2026, the decision typically comes down to whether asset discovery or strategy-driven trading and risk management is the higher priority. MEXC Founded in 2018, MEXC is a global cryptocurrency exchange that has built its reputation around fast asset listings and broad market access. The platform is widely used by traders looking for early exposure to newly launched tokens and niche crypto sectors. MEXC supports spot trading, margin trading, futures, and ETF-style leveraged products across a large number of cryptocurrencies. Its listing pace is one of the fastest in the industry, which has made it a frequent destination for traders seeking high-volatility opportunities tied to emerging projects and market narratives. Should You Use Bitget or MEXC in 2026? MEXC is often favored by traders focused on discovering new and emerging tokens and who are comfortable navigating higher volatility environments. Its fast-paced listings and broad asset catalog support speculative and short-term trading strategies. Bitget, by comparison, emphasizes a more structured trading environment, combining derivatives depth, copy trading, and access to tokenized traditional assets within a single platform. For traders in 2026, the choice typically depends on whether early asset discovery or strategy-oriented trading tools and risk management take priority. Crypto.com Founded in 2016, Crypto.com is a global cryptocurrency platform known for its mobile-first approach and broad consumer-facing ecosystem. Headquartered in Singapore, the exchange has built strong brand recognition through payments, rewards, and lifestyle-oriented crypto products alongside core trading services. Crypto.com supports spot trading, margin trading, derivatives, and a range of earning products across hundreds of cryptocurrencies. Its ecosystem extends beyond trading to include a crypto wallet, Visa card programs, staking services, and payment tools designed to make digital assets usable in everyday transactions. Should You Use Bitget or Crypto.com in 2026? Crypto.com tends to appeal to users looking for an all-in-one crypto lifestyle platform that combines trading with payments, rewards, and everyday usability. Its strengths lie in accessibility and consumer-focused features rather than advanced trading specialization. Bitget, by contrast, emphasizes strategy-driven trading, offering deeper derivatives markets, copy trading, and access to tokenized traditional assets within a unified trading environment. For traders in 2026, the choice often comes down to whether everyday crypto utility or advanced trading tools and market access better align with their goals. Gemini Founded in 2014, Gemini is a U.S.-based cryptocurrency exchange known for its compliance-first approach and focus on security and transparency. The platform is often associated with regulated market access and is positioned toward users who prioritize regulatory clarity and institutional-grade safeguards. Gemini supports spot trading across a more limited range of cryptocurrencies compared to many global exchanges, alongside custody services, staking in select regions, and institutional products. Its interface is designed to be approachable for beginners, while its ActiveTrader platform offers more advanced tools for experienced users. Should You Use Bitget or Gemini in 2026? Gemini is often favored by users who prioritize regulatory oversight, asset custody, and simplicity, particularly those trading primarily in regulated markets. Its platform is well suited for conservative trading strategies and long-term holding. Bitget, by contrast, targets traders seeking broader market access, including derivatives, copy trading, and tokenized traditional assets within a unified trading environment. For traders in 2026, the decision typically depends on whether regulatory alignment or trading flexibility and product depth is the higher priority. Best Place to Trade Crypto in 2026 Rather than a single “best” exchange, crypto trading in 2026 is defined by use case. Different platforms excel in different areas, depending on whether traders prioritize regulation, liquidity, advanced tools, or asset diversity. Best for All-Around Trading Platforms • Bitget – Combines spot, futures, copy trading, and tokenized assets in a single ecosystem, appealing to traders seeking versatility.• Binance – Offers unmatched liquidity and product breadth, covering spot, margin, and derivatives markets globally.• OKX – Focuses on advanced trading tools and Web3 integration alongside traditional exchange services. Best for Derivatives and Active Traders • Binance – Known for deep futures liquidity, low fees, and a comprehensive derivatives suite.• Bybit – Popular among high-frequency traders for its interface design and derivatives-focused features.• Bitget – Strong presence in futures trading, enhanced by social and copy-trading tools for strategy-based users. Best for Beginners and Regulated Markets • Coinbase – Emphasizes regulatory compliance, fiat access, and ease of use for new traders.• Gemini – Known for its compliance-first approach and custody-focused infrastructure.• Crypto.com – Offers a consumer-friendly ecosystem with trading, payments, and crypto-linked cards. Best for Altcoins and Asset Discovery • KuCoin – Recognized for early token listings and broad altcoin availability.• MEXC – Frequently lists emerging assets and supports high-risk, high-volatility trading strategies.• Bitget – Balances a growing altcoin selection with structured derivatives and risk-management tools. Conclusion The crypto exchange landscape in 2026 is more mature, competitive, and specialized than ever before. Rather than a one size fits all solution, today’s leading platforms differentiate themselves through trading depth, product diversity, regulatory posture, and user experience. For traders, this means choosing an exchange based on how well it aligns with individual goals, risk tolerance, and preferred trading style rather than headline metrics alone. Across the market, exchanges that successfully combine liquidity, transparency, and innovation are setting the pace. Platforms offering derivatives, structured products, and advanced tools continue to attract active traders, while regulated, user-friendly exchanges remain essential entry points for newcomers. In this environment, Bitget stands out by bridging multiple trader segments, pairing a broad trading suite with social and strategy-driven features that reflect how many users actually trade today. As adoption expands and regulation continues to evolve, the best exchange in 2026 is ultimately the one that balances access, trust, and functionality. Traders who take the time to understand these differences will be better positioned to navigate market volatility and build sustainable long-term strategies in the digital asset economy. Create Your Account on Bitget Today and Receive a 6,200 USDT Newcomer’s Gift Package! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

The Federal Reserve has cut interest rates by 25 basis points for the third time this year. On top of that, the Fed announced it will purchase 40 billion dollars in Treasury bills over the next 30 days. For crypto traders, this is not just another macro headline. It is a clear shift toward easier conditions that can influence Bitcoin, Ethereum, and the broader market heading into 2026. This article breaks down what the decision means, why it matters now, and how Bitget traders can use this information. Why This Rate Cut Matters When the Fed lowers rates, a few things usually happen: ● Borrowing becomes cheaper ● Liquidity improves across markets ● The dollar tends to soften ● Investors move toward assets with higher growth potential Crypto often reacts earlier than equities when policy turns supportive. Even though volatility remains high, the direction of policy is important for long term positioning. The Fed Is Adding Liquidity The decision to buy 40 billion dollars of Treasury bills is significant. These purchases increase liquidity in the financial system and often support risk markets. More liquidity means more available capital for: ● Bitcoin and Ethereum ● Large cap altcoins ● High activity sectors like AI, layer twos, and RWAs This move is similar to past periods when easier policy supported market expansions. Why Crypto Has Not Surged Immediately Even with supportive policy, price reactions can be delayed. Here are the main reasons: 1. Recent selloffs created caution Large liquidations across multiple days pushed traders into wait and see mode. 2. The market wants confirmation Traders often wait for follow up statements and economic forecasts before taking larger positions. 3. Broader uncertainty remains Comments about overstated job gains and inflation influenced short term sentiment. Despite these factors, easier monetary policy tends to set the stage for stronger phases in crypto cycles. What This Decision Signals for 2026 If the Fed continues down this path, traders could see: ● Steady inflows into Bitcoin and Ethereum ● Faster recovery in altcoin sectors ● Growing interest in AI, L2, and RWA tokens ● More opportunities driven by higher volatility Macro conditions influence crypto cycles more than individual news updates. A shift toward lower rates often supports long term uptrends. What Bitget Traders Should Watch Here is the practical checklist: 1. Bitcoin dominance BTC usually responds first during macro shifts. 2. The dollar index (DXY) A weaker dollar often supports Bitcoin and Ethereum. 3. Sector rotation AI tokens, RWA projects, and layer twos tend to move early when conditions improve. 4. Fed commentary Statements about future cuts or economic projections can move markets instantly. Bitget’s spot and futures markets allow traders to monitor these changes in real time. The Bottom Line The latest rate cut and liquidity injection signal a clear shift toward easier monetary policy. Crypto may not react overnight, but these changes help form the foundation for the next phase of the market. Traders who understand the macro environment can position more effectively for the months ahead.

Sui just made its debut on Wall Street. On December 4, 2025, 21Shares launched the first-ever exchange-traded fund tied to the Sui blockchain, with the 2× Long SUI ETF (ticker: TXXS) now live on Nasdaq. Approved by the U.S. Securities and Exchange Commission (SEC), the leveraged fund is designed to deliver twice the daily performance of the SUI token—making it the first regulated Sui-based ETF available to U.S. investors. Unlike spot ETFs that hold crypto directly, TXXS uses derivatives to track and amplify Sui’s price movements. The launch marks a major step forward not just for 21Shares, but for the Sui ecosystem, which has quickly gained traction as one of the fastest-growing Layer-1 blockchains. With this product, retail and institutional traders alike can gain leveraged exposure to SUI through a traditional brokerage account—no wallets, private keys, or exchanges required. A First of Its Kind — and a First for Sui TXXS isn’t just Sui’s first ETF—it’s the first-ever ETF tied to Sui to launch in leveraged form. That’s a rarity in crypto space. Most major Layer-1 networks, including Ethereum and Solana, entered public markets through spot or futures-based ETFs before leveraged versions came later. With Sui, the market flipped the script. Its ETF debut delivers 2× daily price exposure right out of the gate, signaling strong issuer conviction and an appetite for amplified strategies tied to emerging chains. The timing is equally significant. Crypto ETFs are booming in 2025, with more than 70 launched so far this year and Bloomberg forecasting over 150 by year’s end. Yet, few have ventured beyond the typical BTC and ETH pairings. TXXS puts Sui on the ETF map—and fast-tracks it into the realm of regulated, mainstream-accessible digital assets. For a network that launched just two years ago, this kind of Wall Street entrance is anything but ordinary. How TXXS Works — A Primer on Leveraged Crypto Exposure TXXS is a 2× leveraged ETF, which means it’s engineered to deliver twice the daily return of the SUI token’s price movement—but only on a day-to-day basis. If SUI gains 5% in a trading session, TXXS aims to gain 10%. But if SUI drops 3%, the fund would target a 6% decline. This amplified exposure is made possible through a combination of derivatives contracts, including swaps and futures, rather than direct SUI holdings. Crucially, leveraged ETFs like TXXS reset daily, which makes them tools for short-term trading, not long-term holding. Over multiple days, compounding effects can cause the fund’s performance to diverge from exactly 2× the token’s net price change. That’s why issuers and analysts alike emphasize that leveraged products are best suited for experienced traders looking to capture short-term momentum—not passive investors hoping to ride a long-term uptrend. Still, the appeal is clear: TXXS allows exposure to Sui’s price action without requiring a crypto wallet, exchange account, or margin facility. It offers traders a simplified, regulated way to bet on SUI volatility, and for many, that accessibility outweighs the risks. “A Vote of Confidence”: Industry Applauds Sui’s ETF Launch The launch of TXXS has sparked immediate reaction from across the crypto and financial sectors. For 21Shares, the milestone reinforces its lead in bringing structured crypto products to regulated markets. “Widespread adoption of digital assets hinges on the market’s ability to offer consumers uncomplicated applications of the technology,” said Russell Barlow, CEO of 21Shares. “With this launch, 21Shares is capitalizing on one of the winners rising to the occasion and ushering in the next era of blockchain technology—one dominated by simplicity.” Sui’s leadership echoed the enthusiasm. Evan Cheng, CEO of Mysten Labs, called the listing a sign that Sui is “ready for its place in capital markets.” For Cheng and others in the Sui ecosystem, TXXS marks more than just a product debut—it’s institutional validation. Bloomberg ETF analyst Eric Balchunas noted that it’s rare for an asset’s first ETF to be a leveraged one, calling TXXS “a bold move” that reflects rising confidence in Sui’s long-term positioning in the market. More Than a Milestone: TXXS Signals Maturity for the Sui Network The approval of TXXS represents more than just the launch of a new trading product—it’s a sign that the Sui ecosystem is entering a new phase of maturity. Since its launch in 2023, Sui has carved out a distinct position among Layer-1 blockchains with a focus on performance, usability, and developer experience. Its architecture supports parallel transaction execution, object-oriented smart contracts, and seamless onboarding features like Google or Face ID login. Combined with sponsored transactions that let apps cover user gas fees, Sui aims to make blockchain feel invisible to the end user. That mission is gaining traction. The network recently crossed $10 billion in 30-day DEX volume and has maintained over $180 billion in monthly stablecoin transfer volume for four straight months. Its total value locked (TVL) sits just shy of $1 billion, ranking Sui among the top 15 blockchains by ecosystem size. From DeFi protocols to gaming platforms and tokenized real-world assets, builders are finding new use cases across the Sui stack. With TXXS now trading on Nasdaq, Sui is no longer confined to the crypto-native crowd. The fund gives traditional investors a regulated, brokerage-accessible way to gain exposure to Sui’s growth—without needing a wallet or token. For the ecosystem, that means more visibility, more liquidity, and a new bridge between on-chain innovation and off-chain capital. Why TXXS Passed While Spot SUI ETFs Still Wait in Line TXXS arrives at a moment when U.S. regulators are cautiously expanding the boundaries of crypto-based investment products. Its approval is particularly notable given the SEC’s recent decision to block the launch of several proposed 3× and 5× leveraged crypto ETFs, citing concerns over portfolio structure and risk exposure. For now, the agency appears comfortable drawing the line at 2× leverage, provided the fund follows strict compliance under Rule 18f‑4 and avoids loopholes. That distinction is what gave TXXS a faster track than 21Shares’ pending spot SUI ETF. Unlike spot products, which require custodianship of the actual crypto asset and often draw more regulatory scrutiny, TXXS uses derivatives—such as swaps and futures—to simulate exposure to SUI. This structure makes it easier to meet SEC standards for market surveillance and investor protection. While the leveraged ETF is now live, the spot version remains in review, with no timeline yet for approval. Still, TXXS may help build a regulatory foundation for future Sui-based products. If the fund performs well and market interest holds, it could increase the odds that the SEC gives a green light to a spot SUI ETF next. Market Impact and the Road Ahead Sui (SUI) Price Source: CoinMarketCap The launch of TXXS comes at a pivotal time for SUI’s price action. After declining steadily through the fall—slipping from above $3.00 in September to around $1.30 in late November—the token has shown signs of a rebound. Following the ETF announcement, SUI climbed back into the $1.60–$1.70 range, marking a roughly 8% gain on the week. While the move has yet to break the broader downtrend, traders appear cautiously optimistic that the ETF could serve as a fresh catalyst. The real test, however, may come in the weeks ahead. Leveraged ETFs tend to attract active, high-frequency traders, and TXXS could bring new volatility into Sui’s market. Amplified gains are possible—but so are sharper losses on red days. If trading volume in TXXS proves strong, it may signal growing appetite for Sui exposure in traditional portfolios. If not, the fund may face the same uphill battle as other low-liquidity altcoin ETFs. Analysts agree that TXXS won’t move the market on its own, but it does offer something new: a bridge between Sui’s on-chain growth and off-chain capital. For an ecosystem pushing toward mainstream adoption, that’s a critical step—and one that could open the door for a broader suite of Sui-based financial products. What Comes Next for Sui and Crypto ETFs With TXXS now live on Nasdaq, Sui joins a small but growing group of Layer-1 networks that have made the leap into regulated financial markets. While this debut comes via a leveraged product—not a spot fund—it still marks a significant step toward broader accessibility and institutional legitimacy. Looking ahead, much will depend on market reception. If the ETF garners strong demand and trading volume, it could pave the way for more Sui-based investment vehicles, including the still-pending spot SUI ETF filed by 21Shares earlier this year. More broadly, TXXS may help validate Sui’s potential as a high-performance blockchain with staying power—not just in DeFi, but on Wall Street as well. For now, the launch offers both investors and builders something rare: a regulated, brokerage-accessible way to participate in the growth of a next-gen Layer-1. And in an industry where visibility and access are everything, that could make all the difference. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

In a major step for crypto adoption, Grayscale has secured approval to launch the first U.S. Chainlink ETF on NYSE Arca. The move not only reflects shifting attitudes among regulators, but also puts Chainlink and its LINK token in the spotlight as investors weigh the product’s potential effect on price. As the new ETF prepares to make its trading debut, analysts and market-watchers are divided: will Chainlink’s ETF break the trend of weak altcoin ETF performance, or could it succumb to broader macro headwinds? Here’s what you need to know about the Chainlink ETF, recent market activity, and what’s next for LINK price predictions. Source: CoinMarketCap The First U.S. Chainlink ETF: A Landmark Approval In a significant breakthrough for crypto asset investment products, Grayscale has converted its Chainlink Trust into the first U.S.-listed Chainlink ETF, set to trade on NYSE Arca. According to regulatory filings, the approval allows Grayscale’s Chainlink ETF (ticker symbol: GLNK) to be offered under the Securities Exchange Act of 1934, joining an expanding list of digital asset ETFs in U.S. markets. Chainlink serves an essential role in blockchain infrastructure, operating as a decentralized oracle network that reliably connects blockchains to external data sources. Its token, LINK, is among the world’s top 25 cryptocurrencies by market capitalization. The launch follows a flurry of Grayscale activity, as similar trust-to-ETF conversions for Dogecoin, Solana, Litecoin, HBAR, and XRP have rolled out in recent weeks. Each conversion is seen not just as product expansion but as a signal that regulatory agencies, led by the SEC, are adjusting their approach to crypto markets. The SEC is expediting its approval process for such products and offering clearer compliance pathways—a notable shift from the heavy-handed regulation and enforcement actions that previously characterized the agency’s stance towards token-based investment vehicles. The ETF Landscape: Cautious Optimism after Mixed Altcoin ETF Results The Chainlink ETF’s debut comes on the heels of other notable altcoin ETFs, such as those for Solana (SOL) and XRP. While initial excitement was high, recent performance has been underwhelming: The SOL ETF, launched November 13, fell up to 18% since inception. The XRP ETF, launched November 14, experienced a more than 10% decline over the same period. This market behavior reflects shifting sentiment. The crypto market has broadly entered a risk-off phase, with waning enthusiasm for altcoin ETFs and reduced ETF-driven inflows. As liquidity thins, investors are questioning whether GLNK (the Chainlink ETF) can spark a turnaround or may follow the familiar pattern of post-launch corrections seen in other altcoin ETFs. Grayscale’s ETF Strategy and Institutional Narrative The NYSE Arca listing of the Chainlink ETF is Grayscale’s third new ETF product in just two weeks. This rapid rollout is part of a deliberate pivot to extend beyond Bitcoin and Ethereum, targeting altcoins where institutional interest is rising. Notably, the Zcash (ZEC) ETF is also in Grayscale’s pipeline, further underscoring this expansionary tactic. Industry observers have highlighted that the new regulatory openness—particularly under SEC Chair Paul Atkins—has led to more predictable listing processes and a surge in applications for blockchain-network-specific products. The message is clear: As regulation matures, crypto-based investment products are likely to proliferate in mainstream finance. Chainlink (LINK) Price: Short-Term Market Dynamics As of the ETF’s debut: LINK price: $12.09–$12.24, slightly down on the day Intraday high: $12.24 Intraday low: $11.77 Currently, short volumes for LINK/USD outweigh long positions, indicating that traders are heavily betting against the price. A critical technical trigger is $12.86—a move above this level could unleash significant short liquidations (estimated at $25 million), potentially sparking a rapid price recovery. On-Chain Signals: Exchange Supply Drops and Whale Activity Not all data are bearish. On-chain analytics show LINK’s circulating supply on exchanges has dropped to its lowest since 2020. Historically, such supply squeezes have preceded major rallies as reduced available tokens can tighten liquidity and amplify price moves if demand surges. CryptoQuant’s analysis supports the bullish case, noting that “the price does not remain low for long” after such reductions in exchange balances. At the same time, whale activity deserves attention. Blockchain tracking via Nansen has identified a large LINK holder (“whale”) with significant unrealized losses heading into ETF launch. Heavy underwater positions like this can increase the likelihood of large sell-offs, especially if ETF-triggered liquidity brings sellers into the market. The Critical 72-Hour Window For investors, the first three days after GLNK’s debut are pivotal. During this window, trading volume, ETF flows, and overall sentiment will reveal whether Chainlink ETF serves as a genuine market catalyst for LINK or struggles under the same weight of macroeconomic and market forces that have pressured other altcoin ETFs. In summary, the Chainlink price faces mixed short-term forces: Bearish: Weak preceding altcoin ETF performance, negative sentiment, and potential whale sell pressure. Bullish: Exchange supply at multi-year lows, continued whale accumulation, and new traditional market inflows via the ETF. Chainlink Price Prediction: Medium- to Long-Term Outlook Despite the uncertainty surrounding the immediate post-ETF launch period, analytical consensus forecasts potential upside for LINK over the coming year. DigitalCoinPrice projects an average LINK price of $23.81 in 2025, with potential highs up to $26.44. Other reputable sources suggest a range of $19.43–$23.87 for LINK, reflecting both technical and fundamental catalysts. Success for GLNK could build conviction among traditional investors, further shrinking available supply and creating conditions for a sustained bullish breakout. On the other hand, if broader risk-off sentiment continues to dominate crypto, even ETF-driven inflows may not suffice for a meaningful price rally in the short term. Conclusion: Chainlink ETF’s Market Role and Strategic Considerations The launch of the first U.S. Chainlink ETF on NYSE Arca stands as a landmark achievement for both Grayscale and the broader blockchain industry. This development affirms the maturing regulatory climate for crypto assets and signals increasing acceptance of altcoins in institutional portfolios. For investors, the intersection of regulatory changes, ETF launches, and evolving market dynamics demands careful attention. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

The race to bring Cardano (ADA) into the exchange-traded fund (ETF) spotlight may be nearing its most pivotal moment yet. Cardano Foundation CEO Frederik Gregaard has signaled that U.S. regulators could deliver clarity on an ADA-based ETF within “about 30 days” — marking the first time the project’s leadership has publicly offered a timeline. With major asset managers already filing for ADA investment vehicles and institutional interest climbing, momentum appears to be building fast. If approved, an ADA ETF would follow Bitcoin and Ethereum into the regulated investment arena, unlocking a gateway to traditional capital. This countdown comes as ADA continues to solidify its position in the crypto landscape. While U.S. regulators remain gridlocked, Cardano-backed ETPs are already trading in Europe and Asia — giving investors a regulated on-ramp abroad. At the same time, Cardano’s ecosystem is gaining traction among enterprises and developers, fueling renewed optimism about ADA’s long-term value proposition. With regulatory frameworks evolving and market demand rising, the stage is set for what could be the next major altcoin ETF listing. Read more: First Bitcoin, Then Ethereum… Is Cardano Next in the ETF Lineup? When Will the Cardano ETF Be Approved? Foundation CEO Shares Timeline In a recent interview with Thinking Crypto, Frederik Gregaard, CEO of the Cardano Foundation, broke new ground by offering a clear and confident timeline for ADA’s long-awaited debut in the ETF arena. According to Gregaard, several major asset managers have already filed for Cardano-based ETPs — fully collateralized, non-derivative products that trade like ETFs on traditional exchanges. More significantly, he believes that once U.S. regulators return to full operational capacity, “clarity around ADA ETFs” could arrive within just 30 days. This statement marks a notable shift in tone for the Cardano Foundation, which has historically avoided speculative forecasting. Gregaard emphasized that these filings represent true spot-backed instruments, distinguishing them from leveraged or futures-based alternatives. “These ETPs are entirely collateralized and trade like ETFs on exchanges,” he said, underlining the regulatory-grade structure of the proposed products. While the SEC’s recent stall has put a temporary freeze on ETF approvals, Cardano’s leadership seems convinced that a green light could come sooner than most expect. What’s Delaying the Cardano ETF? A Look at the Regulatory Roadblocks Despite mounting interest in ADA-based ETFs, regulatory bottlenecks in the U.S. remain the primary obstacle. The Securities and Exchange Commission (SEC) has already approved spot ETFs for Bitcoin and Ethereum, creating a framework for other digital asset funds — but approvals for altcoins like Cardano have yet to materialize. One key reason is the disruption caused by the U.S. government shutdown in October 2025, which effectively froze ETF application reviews. The SEC operated with only around 9% of its staff during that period, focusing solely on critical market monitoring. That meant dozens of crypto ETF filings — including Cardano’s — were left in limbo, with deadlines suspended and no feedback issued. Even as regulators return to full staffing, the backlog remains heavy. Analysts estimate there are just a handful of effective working weeks left in the year to address pending applications. While some issuers have tried to push products forward via procedural loopholes, most altcoin ETFs — including ADA — are still awaiting formal review. Any indication from the SEC on whether ADA qualifies as a non-security asset will be crucial, as it could either fast-track or freeze approval. How Is the Market Reacting? Whale Moves, Price Trends, and ETF Anticipation Cardano (ADA) Price Source: CoinMarketCap As speculation around a potential Cardano ETF intensifies, the market has already begun to show signs of anticipation. Large ADA holders — often referred to as “whales” — have been notably active. On-chain data from October and November 2025 indicates that whales accumulated over $200 million worth of ADA, even as ETF approvals remained frozen. This suggests growing confidence in ADA’s medium-term outlook, particularly among institutional-sized investors. ADA’s price performance has also reflected pockets of bullish sentiment. Although the token faced downward pressure during the SEC shutdown, brief ETF-related announcements have triggered sharp — albeit temporary — surges. Notably, when Grayscale first revealed plans for a Cardano Trust earlier in 2025, ADA rallied over 10% in 24 hours, outpacing Bitcoin and Ethereum during the same window. Beyond price action, the growing interest in regulated ADA investment vehicles highlights a broader demand shift. Institutions are increasingly looking for compliant exposure to altcoins without having to manage self-custody or liquidity risk. With ADA ETPs already trading in Europe and Asia, U.S. investors — and the issuers serving them — are pushing for parity. Should the SEC move forward on approval, analysts expect a significant influx of capital from traditional funds that have so far sat on the sidelines. Are ADA ETFs Already Trading Elsewhere? Global Markets Say Yes While the U.S. awaits regulatory movement, other regions have already paved the way for institutional exposure to Cardano. Europe and parts of Asia have approved ADA-backed exchange-traded products (ETPs), which function similarly to ETFs but are often governed by different securities laws. These products offer fully collateralized, publicly listed ADA exposure — and they’re already attracting capital. According to Cardano Foundation CEO Frederik Gregaard, the existence of these international ETPs strengthens the case for a U.S.-based fund. “Europe and Asia have already embraced ADA ETPs,” he stated, pointing to the growing demand among overseas institutions. The message is clear: Cardano has already passed regulatory scrutiny in multiple jurisdictions, and global investors are using these tools to access ADA without touching a crypto wallet. For the U.S., this creates pressure to close the accessibility gap. With compliant products already available abroad, American institutions are at risk of falling behind — both in terms of exposure and competitive positioning. From a regulatory standpoint, the success of these international products could serve as a reference model for U.S. approvals, reinforcing that ADA-based funds can be launched safely, transparently, and within the bounds of investor protection frameworks. What Comes Next? Catalysts, Timelines, and Risks to Watch With Cardano Foundation leadership offering a 30-day window for potential ETF clarity, all eyes are now on the U.S. Securities and Exchange Commission. If regulators resume full operations by early November, the ADA ETF decision could land before year’s end. Grayscale’s Cardano Trust (GADA), for example, has an SEC review deadline already in place, while other issuers like Tuttle Capital have filed leveraged ADA products aiming for late 2025 launches. The biggest near-term catalyst is regulatory action — or inaction. If the SEC offers no objection within the procedural window, some funds could launch by default. However, if ADA is flagged as a security, it could delay or derail approval altogether. For now, the Foundation’s tone is optimistic, suggesting confidence that ADA meets the SEC’s evolving ETF criteria. For investors, the path forward is becoming clearer. A U.S.-listed ADA ETF wouldn’t just validate Cardano’s regulatory profile — it could mark a new era of institutional access, liquidity, and legitimacy for one of crypto’s most ambitious layer-1 networks. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Dogecoin has officially entered Wall Street. On November 24, 2025, Grayscale’s long-awaited Dogecoin ETF, trading under the ticker GDOG, launched on NYSE Arca. The product gives traditional investors exposure to the original meme coin through a fully regulated vehicle, bypassing the need for wallets, private keys or direct crypto ownership. With regulatory approval locked in, DOGE now stands alongside Bitcoin and Ethereum in the expanding landscape of spot crypto ETFs. The debut arrives amid growing appetite for regulated access to digital assets. Ahead of the launch, Dogecoin saw a noticeable uptick in price and a 30% surge in futures trading volume, reflecting rising interest from both institutional and retail participants. Whether GDOG will deliver sustained inflows or serve as a short-term speculative flashpoint remains to be seen. But for now, Dogecoin has crossed over from internet culture to the trading floor. What Is the Dogecoin ETF (GDOG)? The Dogecoin ETF, trading under the ticker GDOG, is a spot exchange-traded fund launched by Grayscale that is designed to give investors direct exposure to the price of Dogecoin. As a spot ETF, it holds actual DOGE tokens in custody rather than using derivatives or synthetic products. This allows the fund’s share price to closely follow the market value of Dogecoin itself. For investors, GDOG offers a simplified and regulated way to participate in the Dogecoin market. Instead of using crypto exchanges or managing digital wallets, investors can buy or sell shares of GDOG through a traditional brokerage account. This structure is particularly useful for institutions, retirement accounts, and individuals who want to gain access to crypto without handling the underlying assets directly. It also brings Dogecoin into the same investment framework as other approved crypto ETFs, such as those for Bitcoin and Ethereum. Is the Dogecoin ETF Approved? Everything to Know About GDOG’s NYSE Listing Yes, the Dogecoin ETF is officially approved. On November 24, 2025, Grayscale’s Dogecoin ETF, trading under the ticker GDOG, launched on NYSE Arca following final regulatory clearance. The approval came after the exchange filed its certification with the U.S. Securities and Exchange Commission, confirming that all listing requirements had been met. This made GDOG the first U.S.-listed spot ETF tied directly to Dogecoin. The listing represents a significant step forward for altcoin-based investment products in the United States. GDOG joins a new class of crypto ETFs that are gaining traction under a more open regulatory approach. Grayscale’s launch comes alongside its XRP ETF, highlighting a coordinated move to bring more digital assets into the traditional investment framework. The structure mirrors Grayscale’s earlier Bitcoin and Ethereum ETF conversions, providing investors with a regulated, stock-market-based vehicle to gain exposure to DOGE without handling the asset directly. Where to Buy the Dogecoin ETF? GDOG Launch Details for Investors Grayscale’s Dogecoin ETF officially began trading on November 24, 2025, bringing the popular memecoin into the world of regulated financial products. Listed on NYSE Arca under the ticker GDOG, the fund allows investors to gain exposure to Dogecoin through standard brokerage platforms, removing the need to interact with crypto exchanges or manage private keys. Here are the key details investors should know: Ticker Symbol: GDOG Exchange: NYSE Arca Launch Date: November 24, 2025 ETF Type: Spot ETF, backed by actual Dogecoin held in custody Regulatory Status: Registered under the Securities Act of 1933 Management Fee: 0.35% annually Access: Available through traditional brokerage accounts, including retirement plans Trading Expectations: Bloomberg analysts estimated $10–12 million in first-day volume, reflecting strong investor interest GDOG’s launch reflects growing demand for simple, compliant access to digital assets, and positions Dogecoin alongside Bitcoin and Ethereum in the evolving ecosystem of regulated crypto investment vehicles. DOGE Price and Futures Volume Surge Ahead of GDOG Listing Dogecoin (DOGE) Price Source: CoinMarketCap Dogecoin’s price responded quickly in the lead-up to GDOG’s launch. In the hours before the ETF began trading, DOGE climbed to around $0.145, posting a roughly 3% gain on the day. While the move was modest in absolute terms, it stood out in a broader market where Bitcoin and Ethereum remained relatively flat. The uptick reflected growing anticipation among traders that a spot ETF could attract fresh inflows and validate Dogecoin as a legitimate investment asset. Futures markets echoed the sentiment. According to derivatives data platforms, DOGE futures trading volume surged by over 30% in the days before the listing. This sharp increase in speculative activity suggested that traders were positioning ahead of the launch, either to benefit from potential short-term upside or to hedge exposure around the event. Analysts noted that DOGE outperformed several large-cap tokens on the day GDOG went live, adding fuel to the view that the ETF had triggered a burst of renewed attention. What's Next for the Dogecoin ETF? With GDOG now live on NYSE Arca, the next phase will depend on how the market receives it. Early trading volume, investor inflows, and price tracking performance will all serve as key indicators of the ETF’s traction. Analysts will be closely watching whether the fund attracts sustained demand beyond its debut, particularly from institutional players and long-term holders. The launch of GDOG could also spark broader interest in altcoin-based ETFs. If Dogecoin’s ETF proves successful in drawing capital and maintaining healthy liquidity, it may set a precedent for other meme or community-driven tokens to seek similar regulated investment vehicles. Additionally, Grayscale and other asset managers may expand their offerings to include a wider range of altcoins. For Dogecoin, GDOG brings new visibility, but long-term growth will still depend on adoption, developer activity, and real-world use cases—not just ticker presence on a stock exchange. Conclusion The launch of GDOG on NYSE Arca signals a new chapter in Dogecoin’s evolution. What began as a lighthearted internet meme now trades on one of the world’s most established financial platforms. With Grayscale’s ETF offering direct, regulated access to DOGE, the asset once dismissed as a joke has secured its place in the growing ecosystem of institutional crypto products. Whether GDOG becomes a long-term success story or simply captures a moment in market sentiment will depend on how investors respond in the weeks ahead. But its arrival sends a clear message. Crypto’s cultural icons are entering the mainstream, and Wall Street is watching. For Dogecoin, the ETF listing is not the end of the meme—it’s a new beginning. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

In November 2025, the cryptocurrency market is under pressure, with Bitcoin struggling and posting noticeable losses. However, against this bearish backdrop, XRP price stands out as comparatively robust. While Bitcoin’s sustained downtrend has weighed on the sentiments of many digital assets, XRP price has gained 1.4% over the last week. This divergence is catching the attention of investors looking for altcoins capable of outperforming the broader market during times of uncertainty. A combination of factors is fueling optimism for XRP price. This article will examine why XRP price is outperforming under current market conditions by analyzing whale accumulation trends, diminishing selling pressure, historic on-chain indicators, the upcoming lineup of XRP ETFs, and key technical signals. Source: CoinMarketCap Exchange Reserves Plunge as Whales Accumulate One of the most important on-chain signals driving the positive outlook for XRP price is the drastic reduction in XRP held on major centralized exchanges. According to data from XRPWallets, some major centralized cryptocurrency exchanges’ reserve of XRP has plummeted by 90%. The platform now sits at just 14.85 million XRP—about $44.6 million in value. This dramatic outflow is a clear sign that large institutional holders and whales are moving their XRP to private wallets. Source: Glassnode Such strategic moves off exchanges strongly suggest that whales anticipate future gains, possibly timed with major catalysts like ETF launches. Historically, when the supply of a cryptocurrency dwindles on exchanges, it sets the stage for sharp volatility and upward movement if demand resurfaces. For XRP price, this means limited sell pressure remains, and any renewal in buyer enthusiasm could cause a swift rally from current levels. Dormancy Flow and Historical Reversal Signals for XRP Price Technical analysts are also closely watching XRP’s Dormancy Flow, a unique on-chain metric that measures how long coins remain untouched before being moved. This indicator recently plunged to historically low levels. In previous cycles, such scenarios marked the bottom of bearish periods and preceded significant upside for XRP price. To give context, a similar dip in Dormancy Flow was a prelude to XRP’s monumental surge in early 2017. The trend repeated between late 2020 and early 2021, when despite broader market fear, XRP price staged an impressive recovery. Even in the aftermath of the regulatory events in mid-2023, a Dormancy Flow drop aligned with a sharp, brief upward move. Now, with Dormancy Flow reaching new lows, it’s clear that long-term XRP holders—sometimes referred to as “smart money”—are maintaining their positions rather than selling into the weakness. This lock-up signals a phase of accumulation, which historically is a strong precursor for major reversals and rallies in XRP price. Diminishing Selling Pressure and Changing Holder Behavior Supporting the bullish case for XRP price is the ongoing reduction in selling pressure from long-term holders. On-chain data reveals that, at the start of November, the top 1% of wallets held approximately 87.729% of all XRP in circulation. By mid-November, that ratio slid marginally to 87.714%, reflecting minimal net selling. Of even greater significance is the reduction in actual selling volume. In early November, large holders released over 282 million XRP to the market on a weekly basis. By mid-month, this figure fell sharply to about 63 million—a dramatic 78% drop according to The Coin Republic. This kind of decline in selling often means that the capitulation phase is ending, less XRP is being offered for sale, and the groundwork is set for a possible price rebound. Additionally, the slowing sales from key wallets further tighten XRP’s available supply, increasing the likelihood that any positive catalyst—such as an ETF launch or overall market improvement—could have an exaggerated effect on xrp price. ETF Launches Shape Trading Outlook for XRP Price One of the clearest drivers on the horizon for XRP price comes from the pending launch of several XRP-focused exchange-traded funds. The ETF rollout began with Canary Capital’s window opening on November 13. Franklin Templeton started its launch window from November 14 to 18, followed by 21Shares’ timeline between November 20 and 22. These ETF events are watched closely by the market, as they consistently bring greater attention and additional trading volume both before and after listing. For XRP price, the anticipation of institutional demand—and new capital flows—raises expectations for volatility and possible upside. If previous ETF launches in other crypto assets are any guide, XRP price could benefit from a period of increased buying interest as these products go live. Technical Analysis: Chart Signals Suggest a Short Bounce May Be Imminent Chart analysis underscores a potential for upward movement in XRP price. Between November 9 and 16, XRP’s spot price marked a new short-term low, but the Relative Strength Index (RSI) simultaneously carved out a higher low. This bullish divergence, where price momentum weakens on declines, frequently precedes rebounds in the short term. From a technical standpoint, key resistance levels for XRP price are $2.31 and $2.38. Should XRP price achieve a daily close above $2.31, a drive to test $2.38 could follow next. A move beyond $2.58 would significantly strengthen the bullish case, signaling a transition to a new upward phase. On the downside, renewed weakness dragging XRP price below $2.10 could result in a drop to the $1.87 support level. As it stands, current technical signals and underlying market structure give XRP a reasonable chance for a near-term bounce. Conclusion: Can XRP Price Outperform as Bitcoin Lags? The convergence of diminishing selling pressure, strategic whale accumulation, historic Dormancy Flow signals, and high-profile ETF launches uniquely positions XRP price for a potential rally—even as Bitcoin remains under intense selling pressure. The culmination of these factors indicates that the worst of the sell-off may be over for XRP, making it an altcoin to watch for renewed upside momentum. While the near-term outlook is encouraging, investors should carefully monitor XRP price as ETF events unfold and remain alert to broader shifts in crypto sentiment. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

The crypto market entered November 2025 with cautious optimism—Bitcoin was hovering above $120,000, Ethereum had reclaimed the $4,000 level, and total crypto market capitalization had briefly touched $4.3 trillion in early October. But just weeks later, optimism gave way to panic. By mid-November, Bitcoin had plunged to around $95,000, while Ethereum slid below $3,200. Roughly $1 trillion in market value was erased in a matter of days, triggering alarm across retail and institutional desks alike. Altcoins fared even worse. Coins like Solana, Cardano, and Avalanche saw double-digit percentage drops in just 48 hours, while meme coins and low-liquidity tokens collapsed entirely. The Crypto Fear & Greed Index crashed into “Extreme Fear,” and liquidations soared as leveraged long positions were wiped out. But this wasn’t just another flash crash—it was a complex, macro-driven sell-off that caught many investors off guard. In this article, we unpack what triggered the November 2025 meltdown and what it means for the road ahead. Crypto vs. the Fed: How Interest Rate Shifts Tanked the Market While crypto markets often follow their own rhythm, November’s downturn was undeniably tied to broader macroeconomic developments. At the heart of the storm was the U.S. Federal Reserve’s hawkish tone. Early in the month, investors were still pricing in a potential rate cut before year-end. But by mid-November, sentiment had shifted dramatically. The probability of a December cut dropped below 40%, with Fed officials warning that inflation remained “uncomfortably persistent.” Kansas City Fed President J. Randall Schmid stated outright that it was “too early” to consider easing, and other central banks echoed similar caution. This shift hit risk assets hard. Treasury yields spiked, the U.S. dollar strengthened, and tech stocks dipped—conditions that have historically pressured Bitcoin and other digital assets. As one analyst put it, “Crypto isn’t trading like a hedge anymore. It’s trading like the Nasdaq with leverage.” Bitcoin dropped roughly 10% following the Fed’s updated guidance, and the broader crypto market followed. Even positive developments like the end of the U.S. government shutdown on November 12 failed to lift sentiment, echoing a similar price decline seen after a shutdown in 2019. The macro message was clear: high rates weren’t going away soon, and crypto would have to adjust. The Leverage Effect: How Margin Trading Worsened the Crypto Crash Once the sell-off began, crypto’s high-risk leverage culture poured fuel on the fire. On November 16, over $617 million worth of crypto positions were liquidated in just 24 hours — one of the largest liquidation days of the year. More than $240 million came from long Bitcoin positions and another $169 million from long Ethereum trades, according to CoinGlass. These weren’t voluntary exits — they were margin calls, forced liquidations triggered as prices dipped and collateral evaporated. This liquidation cascade set off a self-reinforcing spiral. As traders were wiped out, more sell orders hit the market, pushing prices even lower. A similar flash crash back in October had already erased $19 billion in market cap, but the November environment was more fragile. Volatility was high, liquidity was thin, and investor confidence was shaky. Spot Bitcoin ETFs — a key source of institutional demand — flipped from strength to weakness. On November 11, they saw $524 million in net inflows. By November 12, that reversed into a $278 million outflow. Without institutional buyers to catch the fall, margin-driven selling overwhelmed the market. Crypto Fear & Greed Index Hits 10: A Signal of Capitulation or More Pain Ahead? Amid the November 2025 sell-off, investor sentiment collapsed at breakneck speed. The Crypto Fear & Greed Index, a widely tracked metric that gauges market emotions, plunged to 10 on November 13 — deep into “Extreme Fear” territory. It was the lowest reading since the March 2020 COVID market crash, and it reflected a complete shift in mood from the optimism seen just weeks earlier. Historically, such low sentiment scores can signal market capitulation — the moment when fear peaks and selling exhausts itself. But real-time reactions are rarely that clean. Instead of prompting buyers to jump in, the fearful environment kept traders on the sidelines. Crypto Twitter turned defensive, “buy the dip” memes vanished, and long-term holders began showing signs of stress. With Bitcoin sliding to around $95,000 and altcoins bleeding faster, many investors chose to de-risk rather than catch falling knives. Whether this was the bottom or just a midpoint in a deeper correction remained the central question on everyone’s mind. Institutional Flows and ETFs: When the Big Money Stepped Back As retail sentiment crumbled, institutional investors didn’t step in to stabilize the market—in fact, many joined the exit. Spot Bitcoin ETFs, once hailed as a gateway for traditional capital, saw a sharp reversal in flows during the first half of November. On November 11, these funds recorded $524 million in net inflows, signaling strong institutional interest. But just 24 hours later, that trend flipped. By November 12, net outflows totaled $278 million, and on November 13 alone, ETF redemptions surged to $870 million, according to CryptoSlate and BitMEX Research. This withdrawal of large-scale capital acted like pulling the rug out from under Bitcoin. Institutional players often serve as “smart money” support during volatile stretches, but their retreat left a vacuum. Analysts tied the reversal to a deteriorating macro backdrop—particularly concerns over a weak Treasury auction and hawkish Fed commentary. Without ETF demand to absorb excess supply, price pressure accelerated. Moreover, institutional outflows weren’t limited to Bitcoin alone; multi-asset crypto funds and Ethereum-based products also saw negative flows, underlining a broader shift in risk appetite across the asset class. Technical Indicators and Chart Signals: Death Crosses and Breakdown Zones While macro and sentiment factors grabbed headlines, technical indicators had been flashing warnings well before the sell-off hit full steam. By mid-November, Bitcoin had officially entered bear market territory, falling more than 20% from its recent high above $125,000. One of the most closely watched signals—the “death cross”, where the 50-day moving average crosses below the 200-day—was forming rapidly. Historically viewed as a bearish omen, this would mark Bitcoin’s fourth death cross of the current cycle. BTC: Technical Pricing Models Source: CoinDesk Interestingly, in past instances—around $25K, $49K, and $75K—each death cross coincided with local bottoms rather than extended downturns. But this time, the broader setup felt more fragile. Bitcoin was struggling to hold the $94,000–$100,000 support zone, with analysts warning that a clean break below could lead to deeper retracements. Ethereum, too, had dropped to around $3,100, slipping below key moving averages. Other chart-based indicators—like the Relative Strength Index (RSI) and Bollinger Bands—also pointed to heightened volatility and oversold conditions, while on-chain metrics signaled weakening holder confidence. In short, the charts didn’t just reflect the sell-off—they helped fuel it. Altcoins and Market-Wide Impact: A Broad-Based Breakdown While Bitcoin led the headlines, the damage across the rest of the crypto market was even more severe. By mid-November, the total crypto market capitalization had fallen from over $4.3 trillion in early October to around $3.27 trillion, marking a loss of more than $1 trillion in just over a month. Blue-chip altcoins—like Ethereum, Solana, Cardano, and Avalanche—faced double-digit drawdowns, some shedding 30–40% from their recent highs. Ethereum alone dropped to the $3,100 range, off nearly 36% from its 2025 peak. Solana and Cardano suffered steep daily losses exceeding 12% during the height of the crash. Even tokens previously seen as “resilient”—such as BNB or XRP—were pulled into the sell-off. Meme coins like DOGE and PEPE, which had rallied earlier in the year, collapsed dramatically, with PEPE down roughly 80% year-to-date. Analysts observed that as liquidity evaporated, capital rotated into Bitcoin as a relative safe haven, causing altcoin-BTC pairs to deteriorate rapidly. The result was a broad-based capitulation, where very few assets—if any—were spared. What Comes Next for Bitcoin, Ethereum, and Altcoins? With the dust still settling, investors are now asking the most important question: was this the bottom—or just the beginning of a deeper decline? Much depends on the broader macro picture. All eyes are on the upcoming December Federal Reserve meeting, which could confirm or further delay anticipated rate cuts. If policymakers remain hawkish, crypto may struggle to regain upward momentum in the near term. On the other hand, any dovish pivot or softer inflation data could ease pressure on risk assets and spark a relief rally. Technical and behavioral indicators will also be critical. If Bitcoin can hold the $94K–$100K support range, it may offer the base for consolidation. Continued ETF flow monitoring will help gauge institutional appetite—sustained inflows could restore confidence, while persistent outflows may suggest deeper fragility. Investors should also keep an eye on on-chain metrics like exchange reserves, funding rates, and realized losses, which can signal when capitulation truly gives way to accumulation. For now, the November crash serves as a stark reminder: crypto doesn’t exist in a vacuum. Macro forces, sentiment, and structure all matter—and being prepared for volatility is the price of admission. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.