Canary Capital submitted an S-1 registration with the U.S. Securities and Exchange Commission on Wednesday, seeking approval for an exchange-traded fund tied to MOG Coin, according to the filing. The submission represents the investment firm's first attempt to launch a fund tracking a memecoin. The ETF may hold up to 5% in Ether to cover transaction costs on the Ethereum network.

Chainlink has declined 30.1% from $22.58 to $15.77 since early October, despite over 63 million LINK tokens leaving exchanges in the past month. Recent price recoveries have triggered profit-taking by holders, suggesting weak bullish conviction and potential for further losses. The pattern indicates investors remain cautious despite ongoing institutional partnerships.

Social engagement metrics for XRP have risen sharply in recent days, data show. The uptick coincides with Canary Capital's submission of a Form 8-A to the U.S. SEC, a registration step preceding potential Nasdaq listing. XRP traded near $2.35 as discussion volume increased across multiple platforms.

Sui Network will launch USDsui, a native stablecoin, in 2025 through Bridge, a Stripe subsidiary. The stablecoin will integrate with Sui's wallets, DeFi protocols, and major platforms to enhance liquidity and cross-platform interoperability. The development connects Sui's blockchain infrastructure with traditional payment systems.

Bolivia completed a pilot program using Solana blockchain technology to tokenize photographed paper ballot counts during its presidential election in October. The TuVotoSeguro initiative recorded vote tallies on a public ledger in NFT format, enabling independent verification of official counts. The system targeted vulnerabilities identified in Bolivia's contested 2019 election, when allegations emerged regarding alterations to vote tallies during transport from polling stations to central counting facilities.

Decentralized exchange Hyperliquid halted deposits and withdrawals on November 12, 2025, after a trader's leveraged positions on memecoin POPCAT triggered approximately $25 million in liquidations across 19 wallets. The platform's liquidity vault absorbed roughly $5 million in bad debt. The incident marked the second major manipulation event on the exchange in 2025.

Sui launched USDsui, a native stablecoin built on Bridge's Open Issuance platform, on November 12. The move aims to retain stablecoin revenues within Sui's ecosystem rather than directing them to external issuers. Bridge, acquired by Stripe for $1.1 billion in February 2025, provides the enterprise infrastructure powering USDsui.

Bitmine Immersion Tech acquired 110,288 ETH for approximately $384 million, raising its total holdings to 3.5 million tokens valued at $12.21 billion. Ethereum's supply on centralized exchanges fell below 10% for the first time, dropping beneath Bitcoin's 11% exchange balance. The ETH/BTC pair continues to face rejection at long-term resistance extending from 2021, while weekly momentum indicators have turned bearish.