- Market Commentary: Over the past 24 hours, market sentiment has turned cautious, with renewed selling pressure across crypto assets. Bitcoin fell below $84,000 on Tuesday, while Ethereum, dragged down by BTC’s correction, dropped below $2,800 and approached its key $2,600 support. In the short term, structural headwinds may persist until an official rate cut materializes. Altcoins broadly declined, with XRP down 7.9% and SOL down 9.0%, reflecting a highly cautious risk appetite.
- Hot Tokens: Ancient8 announced a partnership with the gaming identity layer Dæmons, driving A8 up 89% in the past 24 hours. PRIME’s recent gains were fueled by exchange listings and trading incentives, rising 45% over 24 hours. Benefiting from the AI infrastructure token theme, FIR surged 44% in the same period.
- Alpha Insights: Kalshi announced it will tokenize thousands of its existing prediction market contracts on Solana, converting them into on-chain tradable SPL tokens, which could attract greater participation from both institutional and retail investors. Meanwhile, the FED and FDIC are advancing the implementation of the GENIUS Act, with the first stablecoin issuer regulations expected in December. Additionally, Strategy established a $1.44 billion dividend reserve fund to support payouts, signaling robust cash flow and liquidity management to investors.
Discover more details today → Solana Partners with Kalshi to Fully Tokenize Prediction Markets | FED and FDIC Advance GENIUS Act Implementation
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Gate Team
2 Aralık 2025
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