Bitget App
Trade smarter
MarketsTradeFuturesEarnSquareMore
Ethereum News Update: As Solana Slows Down, Investors Turn Attention to XRP and Ethereum

Ethereum News Update: As Solana Slows Down, Investors Turn Attention to XRP and Ethereum

Bitget-RWA2025/11/14 21:46
By:Bitget-RWA

- Solana (SOL) price drops near $164 as derivatives market wanes, with open interest halving to $7.72B, signaling retail investor retreat. - XRP's ETF gains $58M in volume, leveraging traditional finance ties to outperform Solana-focused funds. - Ethereum (ETH) treasuries rise via staking and DeFi, with ETHZilla and BTCS boosting holdings for yield generation. - Blockchain firms like Figure and GameSquare expand Ethereum's appeal through asset tokenization and Web3 strategies. - MoonLake's securities fraud

Solana (SOL) has experienced a decline, hovering around $164 on Tuesday as enthusiasm in its derivatives sector diminishes

in its derivatives market. —which represents the aggregate value of all active futures contracts—has dropped sharply to $7.72 billion from $14.83 billion at the start of October, indicating that retail traders are pulling back. Technical analysis, such as a descending wedge pattern on the SOL/USDT daily chart, points to a possible 22% rally toward $200 if the price can surpass the upper resistance line.
Ethereum News Update: As Solana Slows Down, Investors Turn Attention to XRP and Ethereum image 0
Still, sitting at 40 and prices below the 200-day EMA reinforce a bearish outlook.

At the same time,

is positioning itself as a strong competitor. , the XRP ETF, which debuted in late October, has already seen $58 million in trading volume, outpacing the latest Solana ETFs. XRP's network, with its established relationships in traditional finance, gives it an advantage over , which is more rooted in the crypto-native space. This shift reflects a broader market trend, as investors gravitate toward assets with clearer regulatory status and proven applications.

Ethereum (ETH) treasuries are also gaining momentum as a strategic option. Firms such as

and are utilizing Ethereum’s staking and DeFi opportunities to earn returns. reveal that 70% of its 102,273 ETH holdings are allocated to staking platforms, while by 124% from the previous quarter using its DeFi/TradFi Accretion Flywheel approach. These strategies demonstrate increasing trust in Ethereum’s potential for both value growth and passive income.

Blockchain infrastructure companies are further enhancing Ethereum’s attractiveness.

, for instance, aims to become a $100 billion market cap leader by tokenizing assets and growing blockchain-based equity listings. Likewise, highlighted a three-part Web3 strategy, which includes Ethereum-based treasuries and yield-generating digital assets. These developments illustrate how traditional finance is increasingly adopting crypto-native solutions to broaden revenue sources.

Nonetheless, the cryptocurrency sector is not without its hazards.

against biotech company MoonLake Immunotherapeutics (MLTX) serves as a warning for market participants. The suit accuses the company of securities fraud related to misleading information about its drug candidate, SLK, which targets the same molecules as BIMZELX. Although not directly linked to crypto, this case highlights the necessity of thorough research in speculative markets, where excitement can sometimes overshadow fundamentals.

For investors who missed out on Solana’s earlier surge, XRP and Ethereum-based treasuries present attractive alternatives. XRP’s ETF performance and Ethereum’s yield opportunities are in line with the growing trend of institutional involvement. As the market processes these changes, it’s crucial for investors to remain both optimistic and cautious, ensuring their portfolios are diversified across established and emerging assets.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

Bitcoin News Update: Bitcoin's Dominance Wanes as Institutional Investors Turn to Altcoins Amid Changing Market Trends

- Bitcoin's market dominance fell to 59.90% in November, signaling potential capital rotation to altcoins as analysts debate an emerging altcoin season. - Mixed signals from the Altcoin Season Index (100 vs. 28) reflect fragmented sentiment, with Solana and XRP attracting $146M in institutional inflows amid Bitcoin outflows. - Technical indicators suggest a "dead cat bounce" in Bitcoin dominance, with historical parallels to 2019-2020 cycles hinting at prolonged altcoin-friendly conditions. - JPMorgan fore

Bitget-RWA2025/11/14 22:58
Bitcoin News Update: Bitcoin's Dominance Wanes as Institutional Investors Turn to Altcoins Amid Changing Market Trends

Bitcoin Updates: MicroStrategy’s Bold Bitcoin Bet: mNAV Drops Under 1, Raising Concerns Over Possible Liquidation

- MicroStrategy CEO Saylor dismissed Bitcoin sale rumors after a $5.7B wallet transfer, reaffirming the company's commitment to buying more crypto amid market volatility. - The mNAV ratio dipping below 1 triggered fears of a "death spiral," as MicroStrategy's market cap now lags behind its Bitcoin holdings, raising leverage risks. - Competitors like BSTR and Reitar Logtech are expanding Bitcoin treasuries, reflecting growing institutional interest despite market uncertainty. - Critics warn of forced liquid

Bitget-RWA2025/11/14 22:58
Bitcoin Updates: MicroStrategy’s Bold Bitcoin Bet: mNAV Drops Under 1, Raising Concerns Over Possible Liquidation

"Global financial markets caught in a struggle as the Federal Reserve weighs concerns over inflation against the need for liquidity"

- Fed officials' divided views on rate cuts triggered global market declines, with Asian and European indices falling amid inflation concerns. - UK unemployment rose to 5.0% while Switzerland secured a 15% US tariff cut, boosting growth projections and bilateral investments. - Data gaps before the Fed's December meeting intensified uncertainty, with investors pricing in shifting cut probabilities and hoarding $7.535T in cash. - Central banks face balancing acts as 10-year Treasury yields climbed to 4.125%,

Bitget-RWA2025/11/14 22:58
"Global financial markets caught in a struggle as the Federal Reserve weighs concerns over inflation against the need for liquidity"

Solana News Update: Institutions Invest $370 Million in Solana ETFs Amid 5-Month Price Slump

- Solana ETFs (BSOL/GSOL) gained $370M in inflows despite SOL hitting 5-month lows amid broader crypto declines. - Contrasts Bitcoin/ETH ETF outflows ($870M BTC exodus) as institutional demand for Solana remains strong. - Technical indicators signal potential $100 support break, but ETF inflows persist with NYSE options boosting participation. - Market divides: $150 resistance vs. $142 support levels, with RSI near oversold but bullish divergence emerging.

Bitget-RWA2025/11/14 22:58
Solana News Update: Institutions Invest $370 Million in Solana ETFs Amid 5-Month Price Slump