Grayscale's GLNK, the first U.S. exchange-traded product tracking Chainlink, drew more than $41 million in inflows during its debut trading session. The fund closed its first day with approximately $64 million in assets under management. Analysts described the performance as notably strong for a new crypto ETP focused on oracle infrastructure.

Digital banking platform Revolut integrated native Solana (SOL) functionality on December 3, enabling its 65 million users to make payments, transfers, and stake SOL directly within the app. The update expands beyond previous trading-only capabilities to include peer-to-peer transactions and withdrawals using SOL, USDT, and USDC on the Solana network. Revolut previously offered limited blockchain network access for Bitcoin, Ethereum, and Ripple transactions.

Franklin Templeton has received NYSE Arca approval to list its Solana exchange-traded fund, SOEZ, becoming the seventh Solana ETF available to U.S. investors. The approval coincided with a 17% price surge in SOL. SOEZ will track the CF Benchmarks Solana Index and aims to generate staking rewards on up to 100% of its holdings, net of expenses and liabilities.

XRP could rally 20% to $2.75 if it breaks above the $2.28 resistance level, according to technical analysis. Ripple transferred 92 million XRP tokens worth approximately $202 million between internal wallet addresses.

U.S. financial regulators are racing to implement the GENIUS Act by July 2025, following Congressional passage of the stablecoin legislation earlier this year. The law requires stablecoins to maintain 100% dollar backing and mandates annual audits for issuers exceeding $50 billion in market value. Multiple agencies including the Federal Reserve, FDIC, NCUA, and OCC are coordinating new licensing frameworks and oversight structures to meet the statutory deadline.

Taiwan's Financial Supervisory Commission announced plans to introduce a locally pegged stablecoin by the second half of 2026, contingent on legislative approval of the Virtual Assets Service Act. Initial issuance rights will be restricted to regulated financial institutions under a framework inspired by EU MiCA regulations. The initiative positions Taiwan to modernize payment infrastructure and strengthen its role in the digital asset economy.

The U.S. Securities and Exchange Commission has halted applications from multiple ETF providers seeking to launch cryptocurrency funds with 3–5x leverage, exceeding the 200% regulatory cap. Warning letters cited provisions of the Investment Company Act of 1940, which limits fund exposure to 200% of value-at-risk. Analysts warn that such products amplify both gains and losses in volatile markets.

Bitcoin trades above $93,000 after a midweek recovery that briefly reached $94,000. Technical indicators show improving momentum, with the Relative Strength Index at 61 and bullish Moving Average Convergence Divergence alignment. Institutional developments, including Vanguard's crypto ETF access and Bank of America's 1–4% allocation guidance, could channel up to $700 billion in new liquidity into digital assets, according to Nic Puckrin of The Coin Bureau.