The number of XRP wallets holding at least 100 million tokens declined by 20.6% over eight weeks, with 569 wallets exiting this tier. Despite the reduction in wallet count, the remaining large holders now collectively control 48 billion XRP. This level marks a seven-year high in supply concentration among major addresses.

Token Cat Limited's board approved a Crypto Asset Investment Policy on December 2, 2025, authorizing up to $1 billion in digital asset allocations from cash reserves. The company appointed Sav Persico, a veteran with 30 years of cryptocurrency experience, as Chief Operating Officer to oversee execution. A Crypto Asset Risk Committee led by the CFO will manage asset allocation and risk oversight.

Major altcoins posted double-digit gains with Ethereum rising 10%, Solana up 12%, and Sui surging 21% following a sentiment reversal. The CMC Altcoin Season Index remains at 21/100, indicating Bitcoin continues to dominate market flows. Altcoin market capitalization has declined from $1.36 trillion to $1.29 trillion over seven consecutive days.

Dogecoin traded at approximately $0.136 with $1.3 billion in daily volume at press time. Technical analysts identified the asset entering Phase C of the Wyckoff Accumulation model, coinciding with a bullish MACD crossover on the 3-day chart. This pattern previously preceded upward price movements in April and July 2025.

BubbleMaps issued a warning about the PIPPIN meme coin following its 1,000% price surge over two weeks. The blockchain analytics platform identified insiders controlling approximately 50% of the token supply, valued at $120 million. The token's market capitalization jumped from $20 million to $220 million despite minimal team activity or announcements.

Grayscale Investments has introduced GLNK, the first U.S. exchange-traded product tied to Chainlink, now trading on NYSE Arca. The fund provides spot exposure to LINK tokens through a regulated vehicle, with Coinbase serving as custodian. Grayscale is waiving management fees for three months or until assets reach $1 billion.

Solana-based memecoin trading declined to $13.9 billion in November 2024, the lowest monthly total since February 2024. Prediction platforms Polymarket and Kalshi combined for nearly $8 billion in volume during the same period, representing 57% of Solana's memecoin activity. The ratio marks a sharp increase from below 10% in August.

Large XRP wallets holding 100 million tokens or more declined by 20.6% over eight weeks, with 569 fewer addresses recorded by December 1, data show. Remaining top-tier holders increased their collective holdings to 48 billion XRP, marking a seven-year high for concentrated ownership on the ledger. The pattern suggests consolidation among major holders rather than distribution.