Tokenized commodities reached $3.7B in December 2025, while tokenized stocks were around $808M. Tether's gold-backed tokens led commodity issuance, and platforms including Ondo ($368M) and XStocks ($300M) expanded supply. On December 12, 2025, XStocks introduced XBridge to link Solana and Ethereum for tokenized equities.

On December 15, 2025, Binance recorded the fewest BTC deposits from wallets holding at least 1 BTC, reaching lows not seen since 2018. According to Bitcoin Magazine Pro, retail inflows slowed throughout 2025 while miners increased deposits. CryptoQuant reported that over 6,400 BTC moved into accumulation addresses around December 10 as more users shifted to self custody.

On December 12, 2025, Kamino said it is rebranding from a lending-only app and introducing six products, including a fixed-rate market, an RWA DEX, off-chain collateral, and a developer SDK. According to DeFi Llama, Kamino's TVL is $2.59B, representing up to 75% of Solana's $3.6B lending liquidity.

The BTC trader known as the "1011 whale" reappeared with a combined long exposure above $500M across BTC, ETH, and SOL, and placed limit buys for ETH at $3,030–$3,150 and SOL at $138.6. On December 11, he moved 5.152K BTC to a new address, while BTC later reclaimed levels above $92,000 amid cautious derivatives positioning.

On December 11, 2025, Bitcoin dropped below $91,000 after the Singapore trading session saw a 2.7% intraday decline from a prior peak near $94,490. The pullback came as Asian hours, which had been driving gains since August 2025, briefly weakened and left BTC trading just above $90,000 while triggering $175M in long liquidations across the market.

Pump.fun has spent $205 million buying back 13.86% of the PUMP token supply over the past five months—one of the largest buyback programs in Solana’s ecosystem—yet the token has fallen 55% to a three-month low as derivatives interest collapses and meme-token momentum fades.

On December 10, 2025, Sei Network said it partnered with Xiaomi to make Sei the default chain for new Xiaomi wallets and to pre-install a stablecoin-focused finance app on devices sold outside Mainland China, with the USA excluded. The L1 currently hosts $89M in native and bridged stablecoins and about $215M in DeFi liquidity. After the announcement, SEI rose 2.2% to $0.14. Sei will also allocate $5M to a Global Mobile Innovation Program to drive blockchain usage via consumer phones in regions with strong crypto adoption.

On December 10, 2025, HumidiFi’s WET token jumped more than 114% from its relaunch price to $0.28, with about $234M in daily volume. Liquidity concentrated on OKX and KuCoin, with futures activity on OKX and Bybit. On-chain data pointed to whale behavior, a 1B total supply with 230M circulating, and community debate over refunds for presale bot buyers.

By December 10 2025, money market pricing signalled European Central Bank rate hikes by the end of 2026, while Polymarket traders were still largely betting on no change in policy, according to market data. Swaps implied 13 basis points of tightening and German 5‑year yields rose to 2.49%, even as Polymarket showed around 84% odds that the ECB would not raise rates. ECB President Christine Lagarde has defended the current 2% level and pointed to a potentially more positive economic outlook that could support later rate increases.