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Solana Mobile confirmed its SKR token launch for 2026, aiming to boost ecosystem participation and long-term governance.
BitMine expanded its treasury with $150 million in ETH purchases, strengthening its position as institutional ETH accumulation rises.
Ripple’s CEO projects Bitcoin reaching $180,000 by 2026, citing regulatory clarity and rising institutional adoption as key drivers.
The cryptocurrency market today saw significant developments across security, institutional accumulation, stablecoin infrastructure, Bitcoin forecasting, and emerging prediction platforms. From the Solana Mobile SKR token launch to new institutional moves and bold market predictions.
Solana Mobile announced plans to introduce its SKR governance token in early 2026.
Through initial distribution of tokens, participants will be rewarded and will actively support the growth of the Solana mobile ecosystem.
The company explained that a portion of the token supply would fuel future growth efforts, and other allocations will support liquidity, partnerships, community development/support.
Further details will be shared at the upcoming Solana Breakpoint conference.
Ethereum treasury firm BitMine expanded its holdings on Wednesday with the acquisition of $150 million worth of ETH.
On-chain data shows that the company accumulated over 48,000 ETH across BitGo and Kraken transactions. The firm purchased nearly 97,000 ETH during the final week of November alone.
BitMine now holds more than 3% of Ethereum’s circulating supply and reaffirmed its ambition to accumulate as much as 5%.
Tom Lee has projected that ETH could reach $7,000 to $9,000 range by January 2026. Ethereum is currently trading at $3,215, marking a 5.7% gain over the past day.
Also Read: ETH Touched $3,000, But Traders are Still Skeptical, Here's Why
Ripple CEO Brad Garlinghouse delivered a striking outlook at Binance Blockchain Week, suggesting Bitcoin could climb to $180,000 by the end of 2026.
He argued that the most significant driver of Bitcoin’s next expansion cycle will be the shift in US regulatory policy.
Garlinghouse added that the imposition of clearer regulations is making large financial players enter the crypto market with renewed confidence.
He also highlighted that Bitcoin’s long-term prospects are being strengthened by technological utility, including developments in tokenization and Web3 infrastructure.
Founded by former Citadel engineers, Fin aims to streamline high-value international payments using stablecoins. It raised $17 million from prominent investors, including Pantera Capital, Sequoia, and Samsung Next.
The company explained that its platform will allow users to send money instantly to other Fin users, bank accounts, or crypto wallets without suffering the delays and high fees.
Fin plans to generate revenue through transaction fees and interest earned on stablecoin balances. The startup believes it can compete directly with large financial institutions rather than crypto-native services.
The fundraising highlights a broader trend in the stablecoin market, where institutions like Citadel Securities, Sony Bank, and a coalition of European banks are making significant moves.
Spot Bitcoin ETFs had a total outflow of $14.9 million, but the performance varied widely across funds.
BlackRock’s IBIT ETF was up the most, with $42.24 million in inflow, while ARK’s ARKB was down the most, losing $37.09 million.
The total value of the ETF market is currently $121.96 billion, which is equal to 6.57% of the total market cap of Bitcoin.
Also Read: Bitcoin Price Climbs to $93,693 After Sharp Rebound in Global Crypto Trading
BNB Chain expanded its ecosystem with a newly launched prediction platform called Predict.fun.
The service allows users to earn yield on locked funds while participating in prediction markets, addressing a long-standing inefficiency where capital remains idle until outcomes are resolved.
Predict.fun has already attracted over 12,000 users and nearly 300,000 cumulative bets, although its trading volume remains far below established competitors such as Polymarket.
The platform’s success will depend heavily on whether BNB Chain’s massive user base can translate into sustained liquidity.
1. What is Solana’s SKR token and when will it launch?
Solana’s SKR token is a governance asset for its mobile ecosystem and is scheduled for release in early 2026.
2. Why did BitMine purchase $150 million in ETH?
BitMine continues accumulating ETH to reach its long-term goal of holding 5% of the supply, leveraging bullish expectations for Ethereum upgrades.
3. Why does Ripple’s CEO believe Bitcoin could hit $180,000?
Garlinghouse cites improving U.S. regulation and accelerating institutional inflows as the main catalysts for Bitcoin’s potential surge.
4. What does Fin aim to solve in stablecoin payments?
Fin focuses on large cross-border transactions, offering faster, cheaper stablecoin-based transfers compared to traditional banking.
5. What is Predict.fun on BNB Chain?
Predict.fun is a yield-generating prediction market where users earn returns while placing bets, aiming to improve efficiency in on-chain forecasting platforms.
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