A major investor deployed $4.1 million into a 5x leveraged long position in Hyperliquid as HYPE traded near $32. The whale expanded the position despite carrying a $1.5 million unrealized loss, demonstrating conviction as the token approached a demand zone that triggered rebounds in July and September. Long accounts represented 60.61% of top-trader positions on Binance, while Open Interest rose 3.46% to $1.58 billion.

The Monad token sale on Coinbase raised approximately $216 million against a $187 million target as of November 23, reaching 115% subscription. Participation surged in the final 24 hours before the scheduled close, with over $43 million in commitments recorded during that period.

XRP has dropped below the $2 support level against the dollar and trades near 2,200 satoshis against Bitcoin amid persistent selling pressure. Technical indicators show limited recovery momentum as key resistance zones remain unbroken. The token faces further downside risk with potential declines toward $1.50 against USD and 1,500 satoshis against BTC.

Ethereum has fallen into a multi-month demand zone between $2.7K and $2.85K after breaking below its 100-day and 200-day moving averages. The asset now trades within a descending channel with liquidity sweeps on both sides. Market participants are watching for either a relief bounce or further decline toward $2.45K.

Solana network participants are reviewing a governance proposal to halve the timeline for reaching a 1.5% annual disinflation rate from six years to three. The plan would remove over 22 million SOL from projected circulation while maintaining current validator rewards. Staking yields are expected to decline from approximately 6.4% to 2.4% over the period, assuming stable participation rates.

Several Solana exchange-traded funds debuted this week from Fidelity, 21Shares, VanEck, and Canary Capital. Solana's Real World Assets total value locked reached $800 million in early November, marking a 13% monthly increase. BlackRock's BUIDL fund posted a 768% quarter-over-quarter surge during the same period.

Solana developers are advancing proposal SIMD-0411 to double the network's disinflation pace, aiming to reach the 1.5% terminal inflation rate significantly faster than originally planned. The measure would remove approximately 22 million tokens from future emissions without altering validator rewards. SOL trades at $126.83 with a market capitalization near $70.8 billion.

XRP futures trading volume on Bitmex surged 2,668% to $100.57 million within 24 hours, data show. The spike coincides with multiple U.S. XRP ETF launches, including Bitwise's debut recording $107.6 million in inflows and $25.7 million in trading volume on its first day. XRP fell below $2 on Friday for the first time since October 10, dropping to $1.81.