In the last two days, blockchain tracker Lookonchain reported that three large wallets withdrew $15.9 million in Solana DeFi tokens, including PUMP, CLOUD, KMNO, JTO, and DRIFT. At the same time, Solana has held above $120 and formed a falling wedge pattern on the daily chart, while traders watch the planned Alpenglow upgrade in Q1 2026 and assess the chances of a move back toward $145–$168.

Lighter, a privacy-focused perpetual DEX on Ethereum, saw about $250 million withdrawn from the platform a day after its LIT token generation event, with net outflows near $101 million. Perpetual trading volumes on Lighter dropped from $66 billion to $31 billion between late November and late December, while LIT's price slid 32% from $3.30 to $2.20 before rebounding to $2.60 amid mixed analyst views and slightly bearish derivatives positioning.

ChatGPT 5.2 outlined dual bullish and bearish paths for XRP, PEPE, and Shiba Inu for 2026. For XRP, it highlighted $1.80 support, $2.00 resistance, and RSI around 48, with a bull case up to $8 and a revisit to the $3–$5 range. PEPE's upside exceeds 200%, while SHIB's bull scenario tops 500% and the bear case points to a possible 70% drop.

The Flow Foundation is moving into the second phase of its recovery plan on EVM following a $3.9 million exploit of the blockchain, after dropping an earlier proposal to roll back the network. It reported identifying a path to restore Ethereum Virtual Machine functionality while also raising concerns about a single exchange account that deposited 150 million FLOW, converted much of it to BTC and withdrew over $5 million before the network halt. Trust Wallet separately disclosed a $7 million loss from a Christmas Day exploit of its browser extension, with thousands of addresses affected and thousands of reimbursement claims filed.

Arthur Hayes, the co-founder of BitMEX, shifted capital over a two-week span by selling 1,871 ETH valued at about $5.53 million and reallocating the proceeds into several DeFi tokens. He concentrated new positions in Pendle, Lido DAO, Ethena, and Ether.fi, reflecting a thesis that these protocols tied to yield, staking, and synthetic dollar mechanics may offer better risk-adjusted returns than simply holding Ethereum. Hayes has framed the moves as a portfolio rotation using ETH as base collateral rather than a complete exit from the asset.

In 2025, Pumpfun’s PUMP token on Solana fell 78%, while a 6‑month whale holder shifted 750 million PUMP worth $1.47 million, locking in a 51% loss. Despite weekly buybacks consuming all protocol revenue and a single 1.46 billion PUMP buyback, speculative interest plunged 85% as Open Interest slid from $1 billion to $142 million, leaving the 16% price recovery and MACD golden cross dependent on reclaiming the 50-day Moving Average.

A creator token linked to YouTuber Nick Shirley on the Base network surged to a roughly $9 million fully diluted valuation before sliding to about $3 million by January 1, 2026. The coin, launched via Zora on Coinbase-backed layer-2 Base, drew intense hype after Shirley’s viral investigative video but then lost more than 60% of its value, raising doubts about whether creator coins can sustain long-term demand.

Heading into 2026, XRP is absorbing a routine $1 billion escrow unlock while derivatives traders maintain a more than 70% long skew around the $1.80–$1.85 range. In 2025, XRP fell 36% in Q4 to close the year down 12%, even as exchange reserves declined from 3 billion to 2.6 billion tokens, pointing to a potential supply squeeze beneath the recent sideways price action.