On December 31, Lookonchain reported that former BitMEX CEO Arthur Hayes sold 1,871 ETH over the past two weeks and redeployed more than $6 million into Pendle, Lido, Ethena, and Ether.fi. Follow-up data showed additional buys of 4.86 million ENA (about $986,000) and 697,851 ETHFI (nearly $485,000), aligning with his stated rotation from ETH into DeFi.

On December 31, 2025, the Bloomberg Dollar Spot Index showed an 8.1% year-to-date decline, the steepest annual drop in eight years. The outlook hinges on who replaces Jerome Powell when his term ends in May, with traders pricing at least two U.S. rate cuts in 2026 while Europe is seen on hold and some peers may raise rates.

Ether has been moving in a tight band around $2,900 while repeatedly failing to reclaim the $3,000 mark, as derivatives data and ETF flows show limited appetite for leveraged long exposure. Network fees have fallen even as on-chain activity and DApp usage remain flat, and ongoing net outflows from Ether ETFs are further weighing on sentiment heading toward 2026. Analysts note that a durable recovery for ETH likely hinges on stronger Ethereum network demand and more robust decentralized application activity.

Cardano founder Charles Hoskinson has framed his "new ADA" remark around Midnight's NIGHT token as the project enters a fresh market phase, with NIGHT up 23.89% over the past week. He stressed that "new ADA" does not mean a token swap but reflects Cardano's expanding story through Midnight, while traders decide how much attention to give this shift.

According to CyrilXBT, Bitcoin is currently in tight consolidation after a rejection near $100,000, with price compressed around $88,000–$90,000. Daan Crypto Trades expects a decisive move within one to two weeks, highlighting tension between a breakout above the descending trendline and a possible downside flush.

In December, onchain analysts observed wallets linked to the Official Trump (TRUMP) memecoin on Solana withdrawing roughly $94 million in USDC from TRUMP liquidity pools and sending the funds toward Coinbase. The latest transfer involved 33 million USDC routed via an entity labeled Fireblocks, while the token itself has fallen from a January peak of $75.35 to trading below $5 by year's end.

Shiba Inu has seen about 204,000,000,000 SHIB leave centralized exchanges in the last 24 hours while trading close to the $0.000007 area. This large net outflow reduces the amount of tokens available for immediate selling as the price remains below key moving averages but above a notable support zone.

Market analyst Diana says XRP’s exchange balances have slid to an eight‑year low, with Glassnode showing a drop to about 1.6 billion from 3.76 billion. The on‑exchange supply is the lowest since 2018, and XRP trades near $1.87. Diana argues this may set up a supply‑driven scenario into 2026.