Canary Capital secured Nasdaq approval for XRPC, the first U.S. spot XRP exchange-traded fund, with trading set to commence Thursday following final regulatory clearance. XRP climbed nearly 10% following the announcement. The fund aims to provide institutional investors with regulated exposure to XRP.

DTCC records indicating XRP ETF preparations reflect operational readiness for settlement infrastructure, not regulatory authorization. Actual approvals require an effective S-1 registration statement and an exchange listing circular specifying ticker and launch date. Under the SEC's generic commodity-based listing framework adopted in September, issuers must complete registration before trading can commence.

XRP is trading at $2.46, up 9% over the past week despite a 3% decline in the last 24 hours. Market analysts are closely monitoring the $2.70 resistance level and key moving averages as the token consolidates near recent highs. Technical observers note that a break above $2.70 could open the path toward $3.20, while failure to hold the 55-week moving average might bring $1.90 into play as critical support.

Binance listed Allora (ALLO) as its 58th HODLer Airdrops project on November 11, 2025, launching trading pairs against USDT, USDC, BNB, and TRY at 13:00 UTC. The decentralized AI network distributed 15 million ALLO tokens to eligible BNB holders. ALLO entered the market with a circulating supply of 200.5 million tokens, representing 20.05% of its 1 billion total supply.

Ethereum holdings on Binance have dropped to levels last seen in May, indicating heightened accumulation activity, according to CryptoQuant data. Solana is trading near critical support at $163–$165, while Zcash declined 25% following recent gains. The broader cryptocurrency market lost 2% over 24 hours.

Argentine federal authorities have frozen over $507,000 in assets as part of an investigation into the LIBRA meme coin scandal. The probe examines alleged connections between the token's collapse and individuals linked to President Javier Milei. Investigators estimate investor losses between $100 million and $120 million.

Zcash declined 25% in 24 hours on November 11, dropping below $500 to reach intraday lows of $476. The selloff eliminated more than $3 billion in market capitalization, while daily trading volume surged 156% to $5.14 billion. The decline reversed gains from a rally that had pushed ZEC to $744 in early November.

U.S. spot Solana exchange-traded funds recorded $6.78 million in net inflows on October 28, marking their tenth straight trading session with positive flows, according to SoSoValue data. Total inflows since launch reached $342.48 million. Bitwise BSOL led with $5.92 million, while SOL traded at $164.