Why Are Terra LUNA and LUNC Pumping Today?

The SEC has approved the first 2x leveraged SUI ETF, TXXS, which is now live on Nasdaq through 21Shares US. The launch increases liquidity and visibility for Sui at a time when the network is seeing higher trading activity and was recently added to a Vanguard index. 

Over the past 24 hours, SUI slipped 1.59% to $1.54, while trading volume fell 37% to $871 million, but investor interest in new SUI-based products continues to rise.

Grayscale Joins With New S-1 Filing

Just days after 21Shares’ launch, Grayscale submitted an S-1 filing for the Grayscale Sui Trust. The proposed fund will track the price of SUI minus fees and offer regulated exposure without requiring investors to manage wallets or custody. 

This aligns with Grayscale’s plan to expand its single-asset ETF range, focusing on tokens that are gaining traction in the next phase of blockchain adoption.

21Shares Leads With TXXS

21Shares’ leveraged ETF, TXXS, gives 2x daily exposure to SUI price movements through derivatives. It saw more than 4,700 shares traded on its first day and closed at $24.57, becoming the first U.S.-listed ETF tied directly to Sui. 

As a leveraged product, it is designed for short-term, experienced traders, but the approval itself shows growing institutional confidence in Sui-linked offerings.

Rising Demand for SUI Funds

The wave of new filings highlights growing demand for Sui exposure. Earlier this year, Canary Funds also applied for a spot SUI ETF, signalling interest from both institutional and retail investors. 

Grayscale’s proposed trust follows the structure of its existing single-asset products, giving investors a regulated way to track SUI’s price without interacting with the blockchain directly, making it one of the earliest U.S. products built specifically for the Sui ecosystem.

Why SUI?

Grayscale’s move follows other recent entries, including the first U.S. Chainlink ETF, a Dogecoin ETF, and a new effort to convert its Zcash Trust into a spot ETF.

At the same time, Sui’s fundamentals are improving. Its DeFi ecosystem is growing with stronger liquidity across lending platforms, DEXs, and derivatives. The network is also gaining momentum in real-world asset tokenization, and BTC-backed assets now make up a noticeable share of its total value locked, showing stronger cross-chain activity.

Despite short-term price swings, SUI remains around $1.54. Although trading volume is down nearly 31%, analysts see the pullback as temporary, pointing to Sui’s rising TVL and increasing real-world asset activity as signs of long-term strength.

FAQs

TXXS is a leveraged ETF that gives 2x daily exposure to SUI’s price, designed for short-term traders looking for amplified market moves.

Grayscale filed to offer regulated SUI exposure without wallets or custody, giving investors a simpler way to track the asset’s price.

Demand is growing as Sui’s ecosystem expands, with rising TVL, stronger DeFi activity, and more institutions offering SUI-focused investment products.

Yes. Even with short-term drops, analysts point to Sui’s growing DeFi use and real-world asset activity as signs of long-term strength.

XRP continues to trade in a manner that does not reflect the confidence that people had just a few days ago, and the Bollinger Bands across all major time frames on TradingView demonstrate why the market continues to drift lower instead of stabilizing. 

The monthly chart provides the clearest indication of this: the midband remains below $2, hovering around the $1.82-$1.85 range. 

This suggests that XRP never established a long-term foundation above that level. Although the rally pushed far beyond that level, the trend did not shift, and now the price is sliding back toward the zone that the market still treats as fair value.TradingView">

Weekly candles confirm this pressure. XRP remains below the midband, which sits near $2.69, and continues to stick to the lower band, which sits around $1.94. This level has been approached multiple times without any strong rebound. Each attempt to move higher fades earlier, and the market refuses to hold above the $2.20-$2.30 range, which previously acted as a launchpad. 

When a chart repeatedly returns to the same support level while exhibiting weaker movements on the way up, it typically culminates in a more aggressive retest.

Why XRP bulls need to act fast

The daily frame tightens the narrative even further. The midband here is around $2.12, and XRP has been sliding under it for weeks, repeatedly reaching the lower band near $1.95 without recovering. The bands themselves are starting to bend downward, which is usually a sign that momentum is not ready to flip.

Taken together, the trend still points to the sub-$2 area for XRP, and the shorter time frames are not pushing back against it. Unless buyers return with enough strength to reclaim the midbands, XRP is on track to revisit the level that the market never fully left.

Coinbase (COIN), the largest cryptocurrency exchange in the US, has experienced a significant decline in its stock valuation, dropping nearly 40% from its peak of $444 in July to its current trading level of around $271 per share. This, amid market fluctuations and heightened volatility in the broader crypto market, impacting the exchange’s stock performance.

Bernstein Forecasts New Bullish Phase For Coinbase

Despite these challenges, analysts at Bernstein hold an optimistic outlook on Coinbase’s stock price, suggesting a potential new bullish phase that could propel COIN to surpass previous all-time highs and reach levels above $500. 

Bernstein maintains a price target of $510 on Coinbase, underlining the exchange’s shift from a trading-centric platform to what analysts dub an emerging “everything exchange.”

Analysts led by Gautam Chhugani highlighted the delicate market conditions, citing crypto price fluctuations influencing listed crypto-exposed equities. 

However, Bernstein distinguishes the current market environment from past crypto downturns, noting that speculative excess primarily affects what they refer to as “MSTR copycats,” referencing Strategy’s (previously MicroStrategy) stock performance. 

Central to Bernstein’s bullish thesis is Coinbase’s strategic diversification away from volatile spot trading revenue. They assert that exchange is evolving into a comprehensive financial platform.

The analysts emphasize that clearer regulatory guidelines in the US could drive a revaluation of these business lines, bridging the gap with offshore competitors benefiting from faster token listings and fundraising fees. 

Coinbase’s foray into token issuance through a launchpad-style model, exemplified by Monad’s (MON) recent listing, demonstrates growing market interest. Bernstein notes that these launches, directly influencing trading activity, can stimulate a cycle of issuance, listing, and heightened trading volume.

Confident Ratings For COIN

Looking ahead, one of the exchange’s most notable catalysts is the upcoming product showcase on December 17, anticipated to unveil developments in tokenized equities, prediction markets, and other tools expanding the exchange’s offerings beyond spot crypto trading. 

The integration with Deribit is also expected to further bolster Coinbase’s derivatives expansion, positioning the exchange closer to platforms like Robinhood as both entities diversify their product offerings.

On the consumer front, the exchange’s Base app, focusing on wallet services, payments, and social features, acts as a centralized access point for the broader token markets, reaffirming the analysts’ bullish predictions. 

Bernstein’s reaffirmed “Buy” rating on Coinbase with a massive $510 price target underscores the firm’s confidence in COIN’s growth trajectory. Monness Crespi’s recent upgrade from “Neutral” to “Buy” with a $375 target further adds to the bullish sentiment surrounding the stock’s valuation amid falling prices. 

Featured image from DALL-E, chart from TradingView.com 

Tortola, BVI, December 6th, 2025, Chainwire

Polytrade announced that it has joined the Integra Consortium as the Lead Development Anchor, marking a major step in the evolution of real-world asset infrastructure. By contributing its technology, ecosystem experience, and institutional partnerships, Polytrade will help architect, build, and scale Integra’s Asset-Specific Layer 1, designed for the global real-estate market.

Since 2021, Polytrade has operated at the forefront of real-world asset tokenization. The company has built one of the most active RWA ecosystems in the industry, integrating issuers, liquidity providers, secondary market participants, global distributors, and enterprise partners. This on-ground experience revealed a structural gap: traditional blockchains were not designed to support the data, compliance, valuation, settlement, and identity layers that institutional real-estate markets require.

Over the past five years, Polytrade’s institutional division has worked across banks, funds, and enterprises on private-chain and regulated RWA deployments. This work includes long-standing engagements with international partners, payment networks, enterprises, and tokenization companies across multiple jurisdictions, including Mastercard. The insight gained from these projects shaped Polytrade’s conviction that RWAs needed a chain engineered around the realities of regulated assets.

Integra provides this foundation.

As a purpose-built chain for real estate, Integra introduces a vertically integrated environment where asset information, ownership records, compliance proofs, data feeds, liquidity flows, and market applications are natively embedded. This architecture aligns directly with the requirements of issuers, institutional capital, regulators, and global RWA participants. As per the whitepaper released on 28th November, Integra is building a full-stack Asset Specific L1, whereby the Foundation will build the blockchain, but also native applications and a native stablecoin. 

The consortium of anchors also includes leading real estate asset managers such as Nitya Capital, builders such as BNW Developments, and other technology companies such as Digishares. Having these asset managers and tokenization leaders allows Integra to seed a flourishing business from the start. Given its ambition with a native stablecoin as well as native DApps, Integra stands to capture value not just by gas or transaction fees as other L1s do, but also by yield on the stablecoin and native DApps fees. By bringing on-chain the movement of hundreds of millions in rents, exits, and sales from just its consortium members, Integra is well-positioned to become a new, value-generating L1, potentially sparking the growth of Asset-Specific L1s.

By joining the Consortium, Polytrade will lead technical development across the chain and its core infrastructure, support ecosystem expansion, and contribute to onboarding institutional partners and asset flows. With a pre-existing distribution network and a tested RWA marketplace, Polytrade brings an operational advantage that accelerates Integra’s path to adoption.

As a gesture to its long-standing community, Polytrade confirmed that $TRADE holders will receive an allocation of Integra’s native token, .

Final allocation details will be shared once the Foundation concludes its allocation process.

Commenting on the announcement, the Polytrade team noted that this next chapter represents the natural extension of the company’s mission: to bridge traditional assets with blockchain environments purpose-built to support them.

Polytrade will continue to operate its marketplace and institutional services under the broader Integra umbrella while contributing engineering leadership, ecosystem development, and industry expertise to the chain.

The company emphasized that this partnership reflects a long-term ambition to transform how real-estate markets operate globally, with Integra serving as the dedicated infrastructure for that transformation.

About Integra

Integra is a real estate–focused Layer 1 blockchain designed for trust, compliance, and interoperability. It enables tokenization, management, and exchange of real-world assets at scale. With a consortium representing $12B+ in managed assets, Integra provides the foundation layer for a programmable, liquid real estate economy.

About Polytrade

Polytrade is the largest aggregator marketplace for tokenized Real-World Assets (RWAs), listing 7,000+ assets from 70+ tokenization partners across 8+ chains, with 95 %+ coverage of public RWAs. Backed by Mastercard, Polygon, Alpha Wave, and Matrix Partners, Polytrade offers tokenized T-bills, credit, real estate, stocks, and luxury assets from protocols like Ondo, Centrifuge, Paxos, and more, all on a single platform.

Contact

Polytrade

support@polytrade.finance

ApeX Protocol will delist Babylon (BABY), HOME (HOME), and two additional tokens on 12 December 2025 at 9 AM UTC, following an official statement from the exchange team. According to the delisting announcement, users will lose trading access for these assets on the platform after the specified deadline. Delistings often trigger short-term volatility or sell pressure for affected assets, especially as holders unwind positions or migrate liquidity, leading to potential price declines or increased risk in the lead-up to and immediately after removal.

Stable is launching its mainnet on 8 December 2025 at 1 PM UTC, marking its transition from test phases to a live environment that will support real-world payment capabilities. The mainnet release will introduce core protocol features allowing users to interact with the STABLE token in actual payment contexts, expanding its utility beyond simulations. Historically, mainnet launches can drive speculative demand as markets anticipate increased adoption and network utility, which in turn may influence token price action. Details on the rollout have been shared by the team via their official X channel.