With the launch of spot XRP ETFs, the XRP network is experiencing sharp jumps in on-chain payment volumes, including single-day transfers above 1 billion XRP and temporary surges of up to 1,000%. Historically, the price has lagged these bursts in activity before moving higher, and current market structure suggests that thin liquidity and rising transactional demand could enable rapid, outsized moves, even as any long-term rally remains uncertain.

According to the article, Shiba Inu remains in a pronounced downtrend as the token trades below major moving averages and struggles to sustain any recovery. Around 81.5 trillion SHIB reportedly sit on exchanges, creating heavy potential sell pressure and limiting the impact of rallies despite a modest 500 billion SHIB reduction in reserves over the last year. The analysis suggests that, unless exchange balances fall sharply or demand strengthens, SHIB's price may continue to face early-ending rebounds and risk another downside move.

Pudgy Penguins' PENGU has traded in a descending channel since rejecting the $0.03 area, slipping to around $0.0092 and staying below multiple EMA levels. A whale address accumulated roughly 273 million PENGU worth about $2.55 million after the token dropped under $0.01, yet overall sell volume and bearish momentum indicators still signal downside risk around the $0.01 and $0.0104 levels.

US Representatives Max Miller and Steven Horsford have released a discussion draft of the Digital Asset PARITY Act that would create a limited tax safe harbor for certain stablecoin payments. The bill would exempt regulated, dollar-backed stablecoin transactions under $200 from capital gains tax and offer an optional five-year deferral on staking and mining rewards. It also seeks to extend several existing securities tax rules to crypto assets and is slated to apply the stablecoin exemption to tax years beginning after December 31, 2025.

Ripple’s dispute with the SEC concluded in 2025, preserving Judge Analisa Torres’s earlier findings on XRP’s secondary‑market trading. Under the final framework, Ripple agreed to a $125 million civil penalty tied to past institutional sales. XRP briefly rallied into the $3 range before hovering near $1.93 amid mixed broader market conditions.

ETH remains below $3,000 after pronounced 2025 swings. Whales sold $360 million over the past week and spot Ethereum ETFs logged seven straight days of outflows since December 11, with net inflows down to under $12.5 billion. On-chain data shows daily new addresses spiking above 190,000 in December, hinting at returning retail interest.

On 21 December 2025, Anthony Scaramucci reiterated his long-term bullish stance on Solana, arguing at the Solana Breakpoint conference that SOL could eventually climb to $2,500 despite recent market weakness. He attributed the token's underperformance and broader altcoin slowdown in 2025 to inflation, regulatory delays, and a strong focus on stablecoins. Scaramucci stressed that any move toward this target would likely be volatile and heavily influenced by macroeconomic and regulatory developments rather than short-term hype.

On December 21, 2025, Arthur Hayes moved $3.53 million in Ethereum and sent about $1.5 million to Galaxy. He also bought 1.22 million Ethena (ENA) tokens worth roughly $257,000, citing a rotation out of ETH into high-quality DeFi names across a little more than 24 hours.