Solana ETFs record 7-day inflow streak despite price slump

A total of $122 billion of liquidity in XRP, a Ripple-linked cryptocurrency and the fifth largest digital asset, might soon be able to seamlessly migrate to Solana . As announced by Solana Foundation's representative, a bridge between Solana and XRP Ledger is on the way.

XRP liquidity to flow into Solana: Announcement

Solana Foundation is building a permissionless bridge to XRP Ledger to integrate Solana into the XRPFi ecosystem. The announcement was made by the Foundation's Vibhu Norby amid Solana Breakpoint 2025, the biggest Solana community conference.

As explained by Vibhu in his X post, with this bridge, XRP will be available in Solana dApps like a regular Solana-based asset. It means that XRP liquidity will be able to debut in every DeFi protocol on Solana .

Namely, XRP holders will be able to earn yield by lending their coins, act as liquidity providers with XRP-SOL and other pairs, buy tokenized stocks and RWAs, participate in prediction markets and much more.

The bridge will be launched using LayerZero and HexTrust tech developments with non-custodial design from day one:

And like any good bridge, your XRP on Solana is always redeemable 1:1 for XRP on the ledger itself. It is self-custodial from end to end.

As a result, the XRP community will be able to benefit from their holdings with no need for routing on centralized exchanges, Vibhu concluded.

Community shows moderate optimism

The announcement was met with general optimism by both the XRP army and the Solana community. Enthusiasts from both camps believe that XRP integration with Solana will bring more users and liquidity to Solana DeFi.

As covered by U.Today previously, this September, XRP Ledger received one more mechanism of integration with Ethereum Virtual Machine blockchains.

The first ever stablecoin that can be minted with XRP as a collateral went live on EVM L1 Flare. Thanks to Flare's DeFi Enosys, XRP-backed assets can be used in DeFi on EVM.

Since early October, when the Ethereum price began its dive into bearish territory, it has struggled to regain any of its significant price levels. The Ether token failed to hold at multiple support zones throughout November, as it plunged downwards. 

While Ethereum appears to be gaining bullish momentum to signal an imminent price reversal, a bearish continuation looks like the more probable scenario after the latest decline to $3,000. A popular analyst has recently put forward a prognosis, which paints a worrying picture for the second-largest cryptocurrency.

$2,400 Might Be The Next Price Cushion For ETH

In a December 13 post on the social media platform X, market analyst Ali Martinez highlighted that the Ethereum price is showing an interesting sign of a potential bearish continuation over the coming weeks. Martinez’s analysis hinged on the bear flag pattern, a technical analysis pattern that is often used to confirm the continuation of a downtrend. 

Typically, the pattern has two components — the flag and the flag pole. Price initially displays a sharp downward move, forming the flagpole. Afterwards, there is usually a brief period where the price displays upward movement or even sideways consolidation; this period of choppy price action makes up ‘the flag.’

What gives the flag its integrity is its upper and lower boundaries, which serve as resistance and support zones. Because breakouts beneath support zones typically indicate that the market could be bearish, a failure of the flag’s support would then be the needed confirmation of the earlier-seen sell signal. 

In the scenario where this happens, the crypto pundit pointed out that Ethereum’s possible target could be the $2,400 price level. This is likely the case because all preceding regions may present with insufficient liquidity to sponsor any significant price reversal.

Ethereum Whales’ Realized Price Of $2,400 Comes In Sight — What To Expect 

Interestingly, on-chain data adds credence to $2,400’s reputation as a relevant price level. In a Quicktake post on the CryptoQuant platform, a pseudonymous pundit, OnChain, revealed that Ethereum is currently happens to be trading very close to a significant price level.

According to the analyst, Ethereum whales — with holdings of at least 100,000 ETH — mostly procured their coins close to $2,400. Interestingly, the Ether token barely ever falls to price levels close to the realized price of this group of investors. 

Since the last five years, there have only been four instances where the ETH price nearly reached the acquisition price of these whales, before eventually seeing major recoveries. If this historical pattern thus plays out, the second-largest cryptocurrency might have seen the beginning of yet another bullish rally. 

As of this writing, Ethereum holds a valuation of $3,086, reflecting a 4% price decline in the past day.

The Pundi X governance community is voting on Proposal #8, which recommends sunsetting PundiXChain and migrating all activities and tokens fully to Ethereum. If passed, this transition would eliminate the native chain, consolidating operations under Ethereum’s infrastructure. According to the official announcement, this move could affect liquidity, network costs, and risk profiles for token holders. Migration usually entails technical and execution risks and, in the short term, can lead to price volatility as users rebalance or swap tokens to adapt to the new network environment.

Following a successful governance vote, any MKR token upgrading to SKY after 14:00 UTC on December 15, 2025, will incur a 2% penalty. The confirmed update from Maker’s ecosystem, as seen in the official communication, directly impacts holders considering the upgrade route. Penalty mechanisms are designed to incentivize prompt action or maintain system stability, but in this case, they may pressure MKR holders to convert ahead of the deadline, which can temporarily influence selling or conversion flows and drive short-term volatility in both MKR and SKY markets.

Edel will launch its public testnet for on-chain financial markets at 7 PM UTC, aiming to provide an alternative to traditional finance frameworks. As referenced by Edel’s official statement on X, over 41,000 users are already waitlisted, indicating high anticipation and potential demand. Testnet launches often gauge market interest and technical robustness, with successful rollouts typically acting as a precursor to mainnet deployments. Early participation and user traction could contribute to speculative trading on the project’s tokens, increasing volatility around the launch window.

In the last 24 hours, Shiba Inu has seen more outflows than inflows into spot markets, a positivity for the dog coin even as the broader crypto market faces selling pressure.

The crypto market extended its drop early Saturday with over $307 million in leveraged positions liquidated.

While major cryptocurrencies, especially in the top 100, saw losses in the range of 2% and 8%, Shiba Inu saw lesser losses, down 0.51% in the last 24 hours to $0.000008355 and down 1.7% weekly.

According to CoinGlass data, Shiba Inu outflows from spot markets in the last 24 hours came in at $5.48 million or 656,287,425,149 SHIB, surpassing inflows at $4.98 million and yielding a negative inflow of $792,600.

Why is it significant?

This remains significant as inflows might suggest deposits to exchanges with the intent of selling. Outflows are bullish for the price as it might suggest withdrawals with an intent to buy. Outflows might also hint at holders' intention to send the coins to cold wallets with the aim of keeping them for a longer time rather than immediately selling.

Outflows superseding inflows might suggest a slight advantage of buyers over sellers, but this has yet to translate to positive price action for Shiba Inu.

Shiba Inu's trading volume has dropped 6% in the last 24 hours to $105 million, according to CoinMarketCap data, indicating traders sitting on the fence, awaiting a decisive move in the market.

Shibarium gets prepped up for next upgrade

On Dec. 3, Ethereum underwent its second major hard fork in 2025, the Fusaka upgrade, which activated PeerDAS and slashed data costs. On Dec. 9, Polygon activated the Madhugiri hard fork, which slashed block times to one second while increasing throughput.

The two events remain significant for Shibarium, being an Ethereum sidechain, and it was designed after Polygon.

While Shibarium blocks once landed every two to five seconds, Polygon, its older sibling, has achieved one-second block time.

The Shiba Inu team targets by the end of Q2, 2026, full on-chain privacy and confidential smart contracts to arrive on Shibarium and Bone thanks to Zama’s fully homomorphic encryption technology.

Fully homomorphic encryption could make Shibarium the first major EVM chain to run smart contracts that remain encrypted end-to-end, turning transparent ledgers into private vaults.