21Shares filed Form 8-A with the SEC on November 8 to launch a spot XRP exchange-traded fund for U.S. investors. The submission initiates a 20-day regulatory review period. Approval would provide institutional investors with regulated access to XRP, potentially increasing capital flows into the cryptocurrency.

Filecoin, Artificial Superintelligence Alliance's FET, and Near Protocol posted strong advances on Friday despite cautious market sentiment. The Fear and Greed Index remained around 21, reflecting limited risk appetite even as these tokens rallied on AI infrastructure narratives and ecosystem developments.

Chainlink's reserve account acquired 78,250 LINK tokens valued at $1.1 million in its largest single purchase to date. The additions brought total reserves to 729,338 LINK worth $10.8 million. Social sentiment for the oracle platform reached a three-year high while LINK traded near $14, creating a bullish divergence that historically precedes price reversals.

Franklin Templeton's spot XRP exchange-traded fund has been listed on the Depository Trust & Clearing Corporation platform under ticker XRPZ, with Coinbase Trust serving as custodian. The listing represents a procedural advancement in the regulatory review process. Final approval from the Securities and Exchange Commission remains pending.

A cryptocurrency trader deposited $2.43 million USDC into Hyperliquid and opened a 20x leveraged long position on 13,976 ETH, creating $42.9 million in total exposure, according to on-chain data. The position faces liquidation at $3,311.7, with ETH currently trading around $3,429. This provides only a 3.4% margin before automatic liquidation would occur.

Zcash (ZEC) climbed nearly 30% in 24 hours to around $690, extending a seven-day gain of 85% that briefly pushed the token to $750. The rally coincides with the Puell Multiple—a measure of miner profitability—reaching a record high. Rising hash rates signal renewed confidence in the network.

Internet Computer (ICP) has overtaken Bittensor (TAO) to become the largest AI blockchain by market capitalization. The token surged more than 180% over seven days, recording $1.31 billion in 24-hour trading volume. CoinGecko data shows approximately 86% of traders hold a bullish outlook on ICP following the rally.

Solana-based applications generated $4.33 million in revenue over a 24-hour period, outpacing Ethereum's $1.82 million, data show. The shift occurred as SOL fell 5.4% and ETH dropped 4.47% during the same timeframe. Hyperliquid also exceeded Ethereum with $3.85 million in app revenue.