Ethereum

Nasdaq issued formal certification for Canary's XRP spot ETF listing under ticker XRPC on November 13, 2025, with a 0.5% management fee. Prominent crypto trader Ansem projected Bitcoin could decline toward $86,000-$88,000 before any recovery attempt, identifying critical support at $97,500-$99,600. Ethereum co-founder Vitalik Buterin signed a trustless manifesto on November 13, 2025, emphasizing elimination of intermediary dependencies in decentralized systems.

A major Ethereum holder purchased 30,548 ETH valued at $105.36 million in a single transaction, according to Lookonchain. Since November 4, the whale has accumulated 385,718 ETH totaling approximately $1.33 billion, with roughly $270 million borrowed from Aave. Ethereum currently trades at approximately $3,479, holding just above its 200-day moving average.

The Senate Agriculture Committee and Senate Banking Committee have each published separate draft bills outlining rival regulatory frameworks for digital assets. The Agriculture draft would expand CFTC authority over digital commodities and spot markets, requiring intermediaries to register as exchanges or brokers. The Banking draft introduces an SEC-supervised "ancillary assets" category and establishes a pathway for tokens to exit securities classification once decentralization criteria are met.

Dromos Labs launched Aero, a unified liquidity hub connecting Aerodrome on Base with Velodrome on Optimism, with plans to expand to Ethereum mainnet and Circle's Arc blockchain. The company also released MetaDEX 03, an operating system designed to enhance cross-chain functionality and boost liquidity provider revenue through dual AER and REV engines. Aero is scheduled to launch in Q2 2026, merging AERO and VERO tokens into a single asset with an initial distribution of 94.5% to AERO holders and 5.5% to VELO holders.

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.

Large Ethereum holders acquired more than $350 million worth of ETH during the recent market downturn. One newly created wallet accumulated 20,000 ETH totaling approximately $70 million through Kraken, while another entity purchased $206 million in AaveETH via Galaxy Digital's OTC desk, data show. A separate address obtained 24,007 ETH exceeding $82 million during the same period.

Grayscale introduced options trading for its Solana ETF (GSOL) on November 11, 2025, expanding regulated institutional access to SOL. Options volume rose 52% to $2.71 million and open interest climbed 29% to $1.34 million, data show. Spot Solana ETFs recorded their eleventh consecutive day of inflows, adding $7.9 million.

JPMorgan Chase activated its USD-pegged institutional deposit token JPMD on Base, Coinbase's Ethereum Layer 2 network, following a pilot that began in June 2025. The token enables round-the-clock blockchain settlements through the bank's Kinexys platform, with each unit backed one-to-one by USD deposits in segregated JPMorgan accounts. Unlike retail stablecoins, JPMD targets banks and investment funds exclusively, with no public market trading currently available.

JPMorgan Chase has launched a pilot program for its JPM Coin deposit token (JPMD) on Base, Coinbase's Ethereum Layer 2 network. The token represents digitized U.S. dollar-denominated commercial bank deposits backed by JPMorgan's balance sheet. The initiative enables institutional clients to conduct real-time settlements and marks a shift toward integrating traditional banking infrastructure with public blockchain systems.

The US Senate Agriculture Committee released a draft bill Monday formally classifying Bitcoin and Ether as digital commodities under CFTC jurisdiction. The bipartisan proposal from Senators John Boozman and Cory Booker establishes regulatory distinctions between digital commodities and investment contracts. The draft requires crypto firms to separate exchange, brokerage, custody, and trading operations.