Thanksgiving week brought a mix of gains and surprises in the cryptocurrency world. From Bitcoin ETFs recording outflows to Solana hitting a record 54 million daily transactions, here’s what you need to know.
Major Developments
- Bitcoin ETFs:
Despite strong monthly inflows, ETFs like Bitwise’s BITB saw $438 million in outflows on Monday, while BlackRock’s IBIT gained $267.8 million in inflows. - XRP Ledger Listed on Dexscreener:
Traders can now analyze XRP’s memecoin market on this decentralized trading insights platform. - Solana Breaks Records:
Solana clocked 54 million daily transactions, with Coinbase’s Base network following closely at 9.1 million—a 30x increase since January 2024. - Trump’s Crypto Investments:
Reports reveal Donald Trump holds $5.4 million in Ethereum, further aligning his policies with the crypto sector.
Solana’s Transaction Growth
Metric | Solana | Coinbase Base |
---|---|---|
Daily Transactions | 54 million | 9.1 million |
Growth Since January | N/A | 30x |
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Disclaimer: The cryptocurrency market is volatile. Always consult financial advisors before investing.