Monad launched its mainnet on November 24, with its MON token immediately listing on Coinbase, Bybit, Upbit, and Bithumb. The launch followed a public sale that raised $269 million from over 85,000 participants, with tokens priced at $0.025. At launch, 10.83 billion MON entered circulation, representing 10.8% of the 100 billion total supply.

ZCash generated $47.5 million in transaction fees over the past 30 days, ranking second behind TRON among major blockchains, data show. The privacy-focused network surpassed Ethereum and Solana in fee generation despite operating without decentralized applications. ZCash accounted for 2.6% of total fees across leading chains during the period.

Artificial intelligence infrastructure investment drove approximately 50% of inflation-adjusted GDP growth during the first six months of 2025. Microsoft, Amazon, Alphabet, and Meta are expected to spend $344 billion on capital expenditures in 2025, equivalent to 1.1% of GDP. Stock price appreciation in AI-related companies added an estimated $180 billion to consumer spending over the past year through wealth effects, according to JPMorgan Chase analysis.

The European Central Bank has assessed that stablecoins currently present limited financial stability risks to the euro area, primarily due to low adoption rates and the EU's comprehensive regulatory framework. The assessment notes that crypto trading remains the dominant use case for stablecoins, with minimal integration into traditional payment systems.

Strategy, the largest publicly traded corporate Bitcoin holder, did not announce new acquisitions last week, ending a six-week buying pattern that began October 13. The company holds 649,870 Bitcoin at an average cost of approximately $74,433 per coin. MSTR shares trade 70% below their all-time high amid concerns over potential index exclusion.

Cardano faces three major milestones this month. Midnight blockchain will launch its NIGHT token as a Cardano native asset on December 8. Coinbase Derivatives will begin offering 24/7 trading for Cardano monthly futures starting December 5, with perpetual-style futures launching December 12.

JPMorgan has upgraded ratings for select U.S.-listed bitcoin mining companies pivoting toward high-performance computing services. Cipher Mining received an Overweight rating with a price target of $18, while CleanSpark was also upgraded to Overweight. The investment bank cites secured HPC contracts and expanding data center capacity as key drivers for the improved outlook.

Grayscale Investments has launched the Grayscale XRP Trust (GXRP) on NYSE Arca, providing exposure to XRP, the third-largest digital asset by market capitalization. The product is structured as an exchange-traded product rather than a registered investment company under the Investment Company Act of 1940. The XRP Ledger has processed over 4 billion transactions since launching in 2012.