Newly launched XRP exchange-traded funds absorbed nearly 80 million tokens on their first trading day, with Grayscale and Franklin Templeton products combining for approximately $130 million in inflows. Total XRP ETF assets reached roughly $780 million. The launches occurred as the broader cryptocurrency market remains in extreme fear territory, with the sentiment index below 20.

South Korean cryptocurrency exchange Upbit confirmed unauthorized transfers of approximately $37 million from its Solana network wallet on May 15, 2025. The breach affected multiple tokens including SOL, USDC, RENDER, PYTH, RAY, JUP, JTO, ORCA, BONK, MEW, and MOODENG. The incident marks the exchange's largest security compromise since a 2019 breach involving $50 million in Ethereum assets.

Chainlink rose 15.25% over seven days, supported by ETF-related developments and spot market buying activity. Long-term holders continued to reduce positions during the rally, creating divergent momentum signals for the token.

South Korea's largest cryptocurrency exchange Upbit halted withdrawal and deposit services Thursday following an unauthorized transfer of approximately 54 billion Korean won ($36.8 million) in Solana-based tokens. The incident occurred at 4:42 a.m. local time when assets moved to an unidentified external address. The platform has relocated remaining holdings to cold storage and pledged to compensate affected users from reserve assets.

Ethereum spot ETFs attracted $175.2 million in net inflows across November 24-25, according to Farside Investors data. BlackRock's ETHA led with $92.6 million on November 24, marking its first positive flow in two weeks, while Fidelity's FETH contributed $47.5 million the following day. ETH traded at approximately $2,913, down over 30% from its recent peak, as institutional demand contrasts with continued price weakness below the $3,000 threshold.

Ethereum is stabilizing around $2,900 amid growing institutional inflows and whale accumulation. CME FedWatch data shows December rate-cut odds have risen above 80%. U.S. spot Ethereum ETFs recorded $96.67 million in net inflows on November 24, with BlackRock contributing $92.6 million.

S&P Global downgraded Tether's USDT stablecoin to a rating of 5 (weak), the lowest on its assessment scale, citing persistent disclosure gaps regarding custodians and counterparties. The rating agency highlighted concerns about high-risk asset allocations including Bitcoin, gold, corporate bonds, and secured loans. Tether CEO Paolo Ardoino dismissed the assessment, stating that traditional credit rating methodologies do not apply to digital asset issuers.

Solana developers have submitted proposal SIMD-0411 to double the blockchain's annual disinflation rate from 15% to 30%. The measure could reduce SOL token issuance by approximately 22.3 million units through 2031, according to documents published in the Solana Foundation's improvement repository. The proposal has triggered debate over validator economics and network security incentives.