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.

Monad surged 51.2% to $0.048 after its November 24 mainnet launch before settling at $0.043, with trading volume climbing 85% to $1.22 billion. Whale-driven futures positioning pushed Open Interest to a record $178 million while Derivatives Volume surged 139% to $2.65 billion, data show. The rally reflects aggressive bullish positioning amid elevated technical indicators.

Grayscale Investments filed with the Securities and Exchange Commission on Wednesday to convert its Zcash Trust into an exchange-traded fund. The application seeks to create the first regulated ETF offering exposure to Zcash, a cryptocurrency utilizing zero-knowledge proofs to enable private transactions. ZEC has surged nearly 1,000% over the past year, climbing from approximately $40 in September to above $700 by late November.