The U.S. Federal Reserve has rolled back 2023 guidance that tightly constrained how supervised banks could engage in crypto-related business, opening a defined route for both insured and uninsured institutions to explore digital asset services. The updated framework keeps supervisory and risk-management standards in place but may expand access to Fed membership and payment systems for crypto-focused banks, intensifying debate over innovation, competition, and financial stability.

Solana is gaining more attention from institutional players as a $50 million tokenized commercial paper issuance and a planned XRP integration highlight its growing role in tokenized finance. The bond deal arranged for Galaxy Digital on Solana and the introduction of wrapped XRP via Hex Trust and LayerZero aim to expand liquidity and real-world asset activity on the network. At the same time, some market observers suggest these developments could support Solana's long-term positioning against other major blockchains.

Dogecoin has slipped back into volatile trade, dropping below $0.145 after failing to hold above $0.150 and briefly testing support near $0.131. Daily Dogecoin ETF volume has reached $3.23 million while exchanges have recorded $20–$60 million in outflows, according to NewsBTC. The price is compressing between $0.131 and $0.156, with nearby resistance in the $0.142–$0.145 zone. These flows point to potential accumulation as the range tightens.

On-chain data show Solana’s 30-day realized profit-to-loss ratio has remained below 1 since mid-November. Liquidity has thinned to levels associated with past bear markets. SOL has recently traded between $128 and $145. Derivatives positioning is elevated, with futures open interest back above $7.2 billion and nearly $500 million in long positions at risk around $129, setting the stage for potential volatility.

Solana (SOL) traded above $140 this week despite a $37 million security breach at South Korea's Upbit exchange. The exchange suspended deposits and withdrawals, relocating assets to cold storage and pledging user reimbursement from company reserves. Franklin Templeton filed Form 8-A with the U.S. SEC to launch a Solana ETF, signaling institutional interest in the ecosystem.

Ethereum is stabilizing around $2,900 amid growing institutional inflows and whale accumulation. CME FedWatch data shows December rate-cut odds have risen above 80%. U.S. spot Ethereum ETFs recorded $96.67 million in net inflows on November 24, with BlackRock contributing $92.6 million.

Dogecoin rose more than 2% to approximately $0.15 following the launch of Grayscale's GDOG, the first U.S. spot Dogecoin ETF listed on NYSE Arca. On-chain data show daily transactions exceeded 1.5 million, while trading volumes surpassed $1.5 billion across exchanges, reflecting heightened institutional and retail interest in the memecoin.

Digital asset markets experienced significant volatility as more than $2 billion in leveraged positions were forcibly liquidated. Bitcoin fell to $82,000 while Ethereum dropped below $2,700. Long position holders accounted for approximately $1.8 billion of the liquidated value across major exchanges, according to Coinglass data.

Wallets holding between one million and ten million XRP tokens sold approximately 200 million tokens valued at $400 million over a 48-hour period, data show. The asset dropped 10.32% in 24 hours, falling below $2 to touch lows near $1.85. Trading volume exceeded $7.2 billion during the selloff, which coincided with broader cryptocurrency market weakness.