Upexi, a Nasdaq-listed consumer products company, has filed a shelf registration that would allow it to raise up to $1 billion over the next three years while deepening its Solana-based treasury strategy. The firm already holds about 2.03 million SOL, valued near $254 million, and focuses on staking and long-term holding even as its share price has dropped sharply from this year's peak. Its recent quarterly results showed $66.7 million in net income on $9.2 million in revenue, largely driven by mark-to-market gains on Solana rather than core operations.

On 24 December 2025, President Sadyr Zhaparov stated that Kyrgyzstan's national stablecoin, KGST, is now listed on Binance and operates on BNB Chain. The token is pegged 1:1 to the Kyrgyz som and is intended to extend the national currency's role in digital payments and cross-border transactions. It is presented as a state-linked alternative to privately issued, mostly dollar-backed stablecoins.

On 24 December 2025, U.S.-listed spot Bitcoin and Ethereum ETFs registered significant net outflows, with thin holiday liquidity and year-end portfolio moves weighing on flows. Bitcoin products saw $188.6 million in redemptions and Ethereum funds lost $95.5 million, while XRP and Solana ETFs attracted smaller inflows. Several analysts described the pattern as seasonal rebalancing and profit-taking rather than a shift in longer-term sentiment toward crypto ETFs.

On December 24, 2025, Bitcoin underperformed other major assets as on-chain activity and buying participation continued to cool. BlackRock's constructive long-term stance coexists with investor concerns that measured institutional flows and thinning active addresses are restraining breakouts despite strength in equities and precious metals.

On 23 December 2025, Bitcoin underperformed even as global M2 rose from about $104 trillion to more than $115 trillion over the past year. After an October peak near $126,000, it has struggled to hold above $90,000, while December ETF flows were uneven with several outflow days.

VanEck's mid-December ChainCheck report argues that falling Bitcoin network hashrate often precedes stronger performance. The firm notes hashrate slipped about 4% in the month before December 15 and, since 2014, 90‑day returns were positive roughly 65% of the time during contractions versus 54% during expansions, framing miner stress as a contrarian tailwind.

On December 23, 2025, BitMine said in a filing it acquired 98,852 ETH over the past week, bringing its holdings to 4,066,062 ETH at an average cost of $2,991 per ether. The same day, onchain watchers reported about 29,462 ETH, worth roughly $88 million, moved via BitGo and Kraken. The firm aims to accumulate up to 5% of Ethereum's circulating supply.

Major cryptocurrencies are trading near recent highs, but momentum has slowed. Price action and sentiment data point to consolidation, and not a renewed breakout.

On 22 December 2025, CoinShares data showed that crypto exchange-traded and other digital asset investment products recorded nearly $1 billion in weekly net outflows, ending a three-week period of inflows. The reversal was largely driven by US-based products after progress on the Clarity Act was postponed to January, with Ethereum funds alone seeing over half a billion dollars in redemptions. While the move marks this year's largest monthly withdrawal total, flows in markets such as Canada and Germany remained modestly positive, suggesting investors are pausing rather than fully exiting crypto exposure.