Ethereum's staking exit queue increased more than fivefold in just three days, reaching a peak of around 851,000 ETH after MetaMask began proactively withdrawing thousands of validators following a security incident.
The SOL/USD pair continues to trade within a long-term upward channel but has been actively testing its lower boundary for the past two weeks, attempting to break below it. Consolidation beneath the support zone of 187.50–183.80 (Murray level [4/8], Fibonacci correction 50.0%) may trigger a decline toward 165.70 (Fibonacci correction 38.2%) and 140.62 (Murray level [1/8], Fibonacci correction 23.6%). The key level for bulls is seen at 203.12 (Murray level [5/8], Fibonacci correction 61.8%): a breakout above it will resume upward momentum toward the upper boundary of the ascending channel through 234.38 (Murray level [7/8]), 250.00 (Murray level [8/8]), and 265.62 (Murray level [+1/8]).
The XRP/USD pair continues to trade within a medium-term downward trend, forming a consistent bearish channel. Earlier this month, the price attempted to break through the upper boundary near 3.1250 (Murray level [8/8]) but failed to consolidate above it and resumed its decline amid growing risks of a global economic slowdown caused by escalating trade tensions between the U.S. and China. Currently, the price is approaching 2.3438 (Murray level [4/8]); a confirmed break below this level would open the way toward 1.9531 (Murray level [2/8]) and 1.5625 (Murray level [0/8]). The key resistance zone for bulls lies between 2.6220–2.7344 (middle Bollinger band, Murray level [6/8]); a breakout above it could trigger renewed attempts to exit the downward channel and retest the targets at 3.1250 (Murray level [8/8]) and 3.5156 (Murray level [+2/8]), although such a scenario currently seems less likely.
The company SharpLink Gaming has acquired an additional 19,000 Ethereum amid a market pullback, increasing its total crypto holdings to nearly 860,000 ETH, making it one of the largest Ethereum holders among public companies.
Ripple co-founder Chris Larsen has reportedly moved over $120 million worth of XRP according to on-chain data, sparking concerns among investors that retail traders could once again become “exit liquidity” for large holders.
With a billion-dollar initiative, Evernorth aims to take the next big step within the XRP ecosystem. The planned IPO marks a milestone for institutional crypto treasuries.
Ripple Labs is creating the first major XRP fund. The company announced plans to establish the first large XRP Treasury — a digital asset fund — which could give the XRP token a new boost in the market — Bloomberg.
Veteran trader Peter Brandt has called the long-term XRP chart one of the “cleanest” he has seen in his entire career. In his view, Ripple may soon demonstrate a strong upward breakout.
XRP/USD Technical Overview. Last week, the XRP/USD pair broke out of its medium-term sideways range of 3.1250–2.7344 (Murray levels [4/8]–[2/8]) and experienced a sharp decline on Saturday, losing about 43.0% of its value and reaching the November low of 1.4060.