Coinbase has integrated Solana aggregator Jupiter into its onchain trading stack, enabling users to swap a wide range of Solana tokens while Jupiter routes trades across DeFi venues. Jupiter's aggregator currently generates about $4 million in monthly revenue, and both platforms handle tens of billions of dollars in monthly spot volume. In parallel, crypto M&A volume climbed to around $10.7 billion in November 2025, while fundraising in July 2025 reached approximately $6.52 billion.

Bitcoin declined 10.32% over the past seven days while gold rose 1.79%, data show. Strategy acquired 8,178 BTC for approximately $835.6 million at $102,171 per coin. Crypto miner and Solana ecosystem indices recorded significant losses during the downturn.

Bitcoin retreated toward $100,000 after reaching above $126,000 in early October, marking a 15-20% decline. Major BTC ETFs including IBIT and FBTC recorded outflows exceeding $500 million in late October, following mid-month inflows of over $400 million. The reversal reflects weakening institutional demand amid mounting macroeconomic pressures.