On 25 December, Schizoxbt reported steep 2025 declines across major Layer-1s, with Ethereum -15.3%, Solana -35.9%, Avalanche -67.9%, Sui -67.3%, and TON -73.8%, while BNB and TRX rose 18.2% and 9.8%. Token Terminal data showed Tron led revenue at $3.5 B; Solana fees hit $699.9 M and Ethereum $549.3 M, as user activity stayed elevated.

Bitcoin traded around $89,127 in thin Boxing Day sessions while Asian equities inched higher and silver extended record-breaking gains. Low liquidity kept BTC capped below $90,000 even as Wall Street's latest record closes and a strong run in gold and silver underpinned year-end risk appetite.

On December 26, 2025, China’s central bank set the yuan’s daily fixing at ¥7.0358 per dollar, 301 pips below market estimates. The decision followed the offshore yuan’s dip below ¥7 per dollar on Thursday for the first time since September 2024, with the offshore rate around ¥7.0024 at press time and near-term resistance seen near ¥6.9.

Japan’s equity market is closing 2025 with a 23% Topix surge as Prime Minister Sanae Takaichi advances a ¥112 trillion budget and a ¥18 trillion stimulus across 17 sectors. The BOJ lifted its main rate to 0.75% and meets on January 22–23, while a weak yen is aiding exporters but could threaten incomes if it nears 165 per dollar.

Silver climbed to a record $75 per ounce in early Friday trading, extending its 2025 gain to 158% amid heavy vault inflows and concerns over potential US trade curbs. Gold moved closer to its $4,525 per ounce peak as investors sought safety, while US pressure on Venezuela's oil sector and President Donald Trump's announced strike on a terrorist group in Nigeria rattled broader markets.

The Uniswap protocol's fee switch proposal, called UNIndication, received backing of nearly 125 million UNI tokens with only 742 against, leading to activation of the mechanism on Ethereum mainnet. Under the plan, Uniswap Labs will burn 100 million UNI after a two-day lock-up, while UNI traded around $5.79 with a market cap near $3.65 billion on December 26, 2025 and had risen 17.62% over seven days.

The crypto market is moving quietly during the holiday period, with low volatility and calm trading activity as several major assets form different technical setups. Shiba Inu has been sliding for weeks into oversold territory, while XRP shows early structural signs of recovery and Bitcoin trades in a narrow range with falling volume. These diverging patterns could shape how traders position themselves going into the new year.

China's Guangzhou Futures Exchange will from December 29 restrict non-futures firms to opening 300 lots per day in designated platinum and palladium contracts and raise the minimum opening size to two lots. The move comes after platinum surged to $2,377.50 and palladium jumped more than 85% this year, while Shanghai silver spiked to $80 per ounce and China's main silver fund hit its 10% daily limit down.