After some delightful turbulence, Solana finally settled above $128, much like Bitcoin and Ethereum, whose ever-fascinating movements we simply can’t ignore. The surge above $135 has whisked it into a short-term positive realm where dreams are made-or dashed.
In a Nov. 3 proclamation on the mystical platform X, Solana Mobile declared SKR as the ultimate tool for users to “support builders, secure devices, and take part in shaping the mobile platform.” Because, you know, phones can’t do that themselves. They’re too busy being rectangles. 🔲
BTC kept its cool above $88,000, stretching its legs and saying, “Look, I can go higher!” 🚀 After sneaking past $92,500-like a good party crasher- it hit a high point at $94,050, checking out the scene at the important barrier with a mischievous grin. It’s still riding high above the 23.6% Fib retracement, as if to say, “Don’t forget I might fall-just not today!”
Solana Mobile, in a moment of digital philanthropy, announced on X that the ‘SKR’ token would have a total supply of 10 billion, with 30% earmarked for airdrops and 25% reserved for growth and partnerships, as if the universe itself were a marketplace of opportunities. 🧙♂️✨
Indeed, it appears that Taiwan is poised to unleash its first regulated stablecoin, much like a finely-aged wine being uncorked just shy of expiration. Lawmakers and regulators are painstakingly perfecting the Virtual Assets Service Act, with a launch aimed for no sooner than mid-next year.
On December 2nd, during the House Financial Services Committee (FSC) hearing-yes, that grand theater of “serious talk”-Republican Rep. Bryan Steil leaned in, cleared his throat, and said, with the urgency of a man whose Wi-Fi is buffering:
The centralized exchanges, once the titans of the digital realm, now find themselves in a state of quiet despondency. Their volumes, which had soared to 2.17 billion dollars in October, have now dwindled to 1.59 billion, a loss so steep it would make a monk weep. 🧘♂️ The lowest since June 2025, a time when the world still believed in the alchemy of blockchain. 🪄
To grasp the magnitude of this reset, let’s peer into the crystal ball of Coinglass data. Back in July, XRP open interest hit a staggering $10.9 billion, a number so high it made even the Auditors of Reality raise an eyebrow. 📈 But, as is the way with all things in the Discworld of crypto, what goes up must come down. Faster than a broomstick with a loose screw, the open interest tumbled to a mere $3.75 billion, a 65% crash that left traders clutching their ledgers in dismay. 📉
Oh, what a day for Chainlink’s native token, LINK! It soared 7% over the past 24 hours, outpacing the broader crypto market like a squirrel racing a train. 🐿️⚡
Initially available in 10 states and heading toward giants like California, Texas, Florida, and Washington, it lets folks bet on everything from sports scores to political decisions and economic rollercoasters. By 2026, they want to throw in crypto prices, IPOs, tech innovations, movies-basically any chaos you can bet on.
