Hedera's HBAR token declined 6% to $0.1925 amid falling trading volume and mounting bearish pressure. Technical indicators show the token trading below its 200-day moving average within a descending channel, while derivative data reveals short positions concentrated at key resistance levels. A break below $0.188 could trigger a decline exceeding 24% toward $0.142.

Zcash, Trump Coin, and ai16z have emerged as top trending cryptocurrencies, each driven by distinct catalysts including privacy demand, political speculation, and AI innovation. High 24-hour trading volumes and rapid price movements reflect thematic narratives actively shaping investor sentiment. The shifts occur amid broader market uncertainty as investors pivot toward narrative-driven assets focused on privacy, politics, and artificial intelligence.

Solana is trading around $188 after several failed rally attempts, with analysts warning that a break below $180 could trigger substantial downside. Cryptocurrency analytics firm MakroVision identifies the $173–$180 range as crucial short-term support, while deeper levels at $155–$148 and potentially $115–$50 remain under focus if momentum continues to weaken.

Ethereum developers set December 3 as the mainnet launch date for the Fusaka upgrade during an All Core Developers Consensus call on October 30. The upgrade will introduce PeerDAS and expand the block gas limit from 30 million to 150 million units. Testing was completed on the Hoodi testnet on October 28, following earlier trials on Holesky and Sepolia networks.

XRP maintained support above $2.43 as large holders increased accumulation, with $4.75 million flowing out of exchanges. Exchange Reserves declined 3.64% to $6.79 billion, while both retail and institutional sentiment turned bullish, according to Market Prophit data. The asset faces resistance near $2.49, where a descending trendline has capped recent upward moves.

Tether, the issuer of USDT, has generated over $10 billion in profit for 2025, according to attestation documents from BDO. The company expanded USDT supply by $17 billion in Q3 2025. Tether now holds approximately $135 billion in U.S. Treasury bills, ranking among the largest private holders of government debt worldwide.

Ethereum staking participants hold a Market Value to Realized Value ratio of 1.7, compared to 1.5 for holders of freely circulating ETH, according to on-chain data. Over 36 million ETH remains locked in staking contracts. The unstaking queue has extended to 45 days, with 2.49 million ETH awaiting withdrawal from the Beacon Chain.

Digital asset markets experienced significant volatility on October 31 as over $16 billion in Bitcoin and Ethereum options reached maturity. More than $1.2 billion in leveraged positions were liquidated within 24 hours, erasing approximately $200 billion from total crypto market capitalization. Analysts highlight contrasting outlooks for BTC and ETH amid the expiry event.