Bitcoin dropped approximately 13% over the past week as rate-cut expectations shifted and exchange-traded fund outflows accelerated. Only four tokens among the top 50 by market capitalization posted gains during this period. Zcash, Monero, Uniswap, and ASTER outperformed through asset-specific catalysts that offset broader macroeconomic pressure.

VanEck began trading its Solana ETF (VSOL) on Nasdaq on November 17 with $10 million in seed capital representing 51,656 SOL tokens. The fund charges a 0.30% management fee, waived for three months on the first $1 billion in assets. Grayscale's competing GSOL holds $541.31 million in net assets and charges 0.35%.

More than $297 million in token unlocks will enter circulation between November 17 and November 24, data show. ZRO will release $37.28 million and Solana $69.53 million, adding supply during a period of heightened market volatility. The unlocks span both cliff events and linear releases across multiple projects.

Privacy-focused cryptocurrency Zcash has taken the top position in search volume on Coinbase exchange. Data show ZEC recorded 52,000 searches, outpacing Bitcoin's 41,000 and XRP's 39,000, according to Thor Torrens, a member of Zcash's advisory panel. The token has gained 14.19% over seven days and 215% in the past month.

The XRP exchange-traded fund recorded a net outflow of $15.5 million in its first complete trading week, reversing institutional demand patterns observed since 2023. The XRPC product launched November 13 with $243 million in second-day flows and $58 million trading volume. The subsequent outflow reflected broader market liquidation pressures affecting cryptocurrency investment products.

Cardano founder Charles Hoskinson acknowledged structural challenges facing blockchain networks during a November 15 broadcast. He identified marketing deficiencies and limited ecosystem growth as critical weaknesses requiring immediate attention. Hoskinson outlined plans for the Midnight sidechain to enhance cross-chain interoperability and introduce privacy features aimed at expanding network participation beyond 10 million users by 2030.

Japan's Financial Services Agency has certified Shiba Inu for its Green List, granting the token the same regulatory classification as Bitcoin and Ethereum. This designation permits SHIB to be offered across licensed platforms without requiring further compliance reviews. The decision comes as Japan considers reducing crypto taxation from rates up to 55% to a flat 20% for approved digital assets.

Solana trades at $142.27, up 0.79% daily but down 16% weekly, as traders assess reversal signals near critical support. A TD Sequential buy signal on the 12-hour chart suggests potential exhaustion, according to Ali Martinez. Analysts monitor the $142 breakout level and $127 support threshold for directional confirmation.