NIGHT surged 24% in the past day, with trading volume hitting $5.03 billion as its airdrop, expected to distribute roughly 4.5 billion tokens, began on December 10. According to Artemis, privacy tokens showed a 0.5% decline overall, while Bybit and Binance accounted for $3.33 billion and $1.16 billion, respectively.

XRP is trading around $1.93 as sustained spot ETF inflows and clearer US regulatory status underpin institutional interest. Spot XRP ETFs have attracted about $1.07bn in net inflows and hold over $1.2bn in assets, while price tests a key $1.93–$1.98 resistance area on the 4-hour chart. A confirmed move above $2.00 could open a path toward the $2.11–$2.17 region, while failure keeps focus on supports near $1.85 and $1.77.

According to U.Today, developer Ed Hennis filed XRPL Amendment idea #420 to let XRP Ledger accounts rotate a single-use signing key on every transaction. On December 20, 2025, Vet noted the "Quantum Safe" draft, which assumes XRPL's validation speed could limit attackers even if a public key is briefly exposed. Proposed field names include "SingleUseKey" and "QuantumSafeKey", and the feature is positioned as an optional security upgrade.

Spot XRP ETFs launched on Nov. 13 and have posted 32 straight trading days of net inflows. As of Dec. 19, total net assets stood at about $1.21 billion, with cumulative net inflows at $1.07 billion. On Dec. 20, Sentora said inflows have surpassed $1 billion, underscoring steady demand across Canary, 21Shares, Grayscale, Bitwise and Franklin Templeton funds.

With the launch of spot XRP ETFs, the XRP network is experiencing sharp jumps in on-chain payment volumes, including single-day transfers above 1 billion XRP and temporary surges of up to 1,000%. Historically, the price has lagged these bursts in activity before moving higher, and current market structure suggests that thin liquidity and rising transactional demand could enable rapid, outsized moves, even as any long-term rally remains uncertain.

According to the article, Shiba Inu remains in a pronounced downtrend as the token trades below major moving averages and struggles to sustain any recovery. Around 81.5 trillion SHIB reportedly sit on exchanges, creating heavy potential sell pressure and limiting the impact of rallies despite a modest 500 billion SHIB reduction in reserves over the last year. The analysis suggests that, unless exchange balances fall sharply or demand strengthens, SHIB's price may continue to face early-ending rebounds and risk another downside move.

Pudgy Penguins' PENGU has traded in a descending channel since rejecting the $0.03 area, slipping to around $0.0092 and staying below multiple EMA levels. A whale address accumulated roughly 273 million PENGU worth about $2.55 million after the token dropped under $0.01, yet overall sell volume and bearish momentum indicators still signal downside risk around the $0.01 and $0.0104 levels.

US Representatives Max Miller and Steven Horsford have released a discussion draft of the Digital Asset PARITY Act that would create a limited tax safe harbor for certain stablecoin payments. The bill would exempt regulated, dollar-backed stablecoin transactions under $200 from capital gains tax and offer an optional five-year deferral on staking and mining rewards. It also seeks to extend several existing securities tax rules to crypto assets and is slated to apply the stablecoin exemption to tax years beginning after December 31, 2025.