Tron's daily Perps Volume has topped $1B for two days straight, and 7-day Perps Volume reached $5.77B, up 176% WoW.

On Dec. 25, CoinDesk analyst James Van Straten published an article noting Bitcoin has spent just 28 trading days in the $70k–$80k range—making it one of the least consolidated, weakest support levels in its history. Since dropping from its October all-time high, Bitcoin has traded mostly in the $80k–$90k range through December. This pullback has pushed prices into a range where the asset has historically spent far less time, especially compared to 2024, when Bitcoin logged far more trading days between $50k and $70k. This uneven distribution means support at $80k (or even $70k–$79,999) isn’t yet as solid as in lower price ranges. On-chain data shows Bitcoin supply in the $70k–$80k range is notably low—aligning with futures market data. Both datasets suggest that if Bitcoin sees another correction, the $70k–$80k range will need more time to consolidate and build stronger support.

On December 25, on-chain analyst Ai Whale (@ai_9684xtpa) noted that a whale has resumed ETH accumulation after a three-day pause. Just one hour ago, the whale withdrew an additional 5,500 ETH (≈$16.09 million) from OKX. Since December 5, the whale has pulled a total of 34,415.46 ETH from exchanges, worth roughly $107 million. Their average entry cost stands at $3,131.11 per ETH, with an unrealized loss of $7.162 million to date.

On December 25th, Li Xiaohua—founder of Liquid Capital (formerly LD Capital)—posted on social media: “USD1 hitting a market cap of over $3 billion is a solid start for the stablecoin. Stablecoins are the industry’s most critical track and the bridge that lets crypto tap into financial services for billions of people. I believe USD1 can become a leading stablecoin down the line, which is why we’ve maintained a heavy position in WLFI. We’ll keep investing in it and providing various forms of support.”

### USD1 Market Cap Tops $3B on Dec 25 On December 25, USD1’s market capitalization crossed $3 billion, hitting $3.011 billion—up 7.68% in 24 hours. ### Earlier: Binance Launches USD1 Flexible Savings (Up to 20% APY) Binance has rolled out a flexible savings product for USD1, offering an annualized interest rate (APY) of up to 20%. Note: The rewrite uses American English conventions (concise phrasing, "$" instead of "US Dollars," "APY" [Annual Percentage Yield]—a common financial abbreviation in the U.S.) and structures the updates like typical crypto/finance news briefs.

December 25th, per Cointelegraph, next year will be a critical period for Ethereum’s scalability. By 2026, Ethereum will undergo the Glamsterdam fork, which will bring near-perfect parallel processing to its mainnet and boost the gas limit significantly—from the current 60 million to 200 million. A large number of validators will shift from re-executing transactions to verifying zero-knowledge (ZK) proofs. This shift will put Ethereum Layer 1 on a path to scale to 10,000+ transactions per second (TPS), though the goal won’t be hit by 2026. Meanwhile, data blocks will grow (each block could reach 72 or more), enabling Layer 2s to process hundreds of thousands of TPS. Layer 2s are also becoming more user-friendly: ZKsync’s recent Atlas upgrade lets users keep funds on the mainnet while transacting in the ZKsync rollup’s fast execution environment. A planned Ethereum interoperability layer will facilitate seamless cross-chain operations between Layer 2s, with a focus on privacy.

In a Dec. 25 BlockBeats report, Wintermute CEO Evgeny Gaevoy said: “These so-called crypto builders and KOLs in their 30s who claim to be ‘exiting crypto’ are in fact scammers.” He noted the group never actually got into the crypto space—they didn’t even give crypto a real shot. “They aren’t exiting; they never started. This is just attention-grabbing,” he added.