On 12 December, Ethereum fell 4.7%, putting a reported $537 million ETH long at $3,175 into an unrealized loss of $20.5 million and intensifying liquidations above $120 million. Large holders with 100k+ ETH are nearing their realized price, a level that has historically coincided with major accumulation phases but now leaves the fragile $3,000 support vulnerable to a deeper breakdown if greed-driven leverage unwinds.

Merlin Chain’s MERL token, a Bitcoin layer-2 asset, has surged 16% while perpetual futures open interest reached a record $75.79 million and holders climbed to 173,800. Derivatives-led liquidity, a buy-heavy taker ratio and ongoing spot accumulation support the uptrend, but a liquidation heatmap with major liquidity pools below the current price signals elevated short-term pullback risk.

Smart money aggressively accumulated FARTCOIN over a 24-hour window, even as its price remained squeezed inside a bearish flag around $0.36. Bulls are defending the ascending support near $0.35, while resistance around $0.42–$0.43 and cautious momentum indicators keep the token in a high-risk decision zone.

Dogecoin is probing the lower boundary near $0.135 within a long-standing triangle on the 3‑day chart. Recovery checkpoints include $0.155 and $0.190, with further extensions to $0.250, $0.310 and $0.370, while $0.47 is highlighted as a resistance and profit‑taking zone. DOGE has fallen over 22% year‑to‑date.

AB Chain's native token climbed about 12% over the last 24 hours, while trading volume increased more than 53% as on-chain activity picked up. The move came after AB integrated USD1 through a partnership with World Liberty Finance, with liquidity inflows and a drop in locked supply below 8% supporting the rebound, even though the broader price structure still leaned bearish.

Solana (SOL) exchange-traded funds have logged seven straight days of net inflows, bringing total ETF inflows to $674 million, even as SOL's price extends its decline. The first U.S. SOL ETF launched in July, followed by Bitwise's BSOL product in October, while SOL now trades nearly 55% under its roughly $295 all-time high and below its 365-day moving average.

XRP exchange-traded funds have attracted nearly $1 billion in cumulative inflows within three to four weeks of launch, outpacing the early uptake of Bitcoin and Ethereum ETFs and keeping net flows positive. Based on this growth path, AI modeling from ChatGPT outlines XRP price scenarios if ETF inflows eventually reach $10 billion, with estimates ranging from conservative targets above previous cycle highs to more aggressive projections driven by tighter liquid supply and favorable market conditions.

Solana Foundation has announced plans to build a permissionless bridge between the XRP Ledger and Solana, aiming to enable XRP's more than $120 billion liquidity to access Solana DeFi. According to Solana Foundation representative Vibhu Norby at Solana Breakpoint 2025, the bridge will use LayerZero and HexTrust technology and make XRP function like a native Solana asset in dApps.