Ethereum’s Fusaka upgrade hits final testnet on Hoodi before mainnet launch

The debut of the Bitwise Solana ETF with an impressive $69.5 million in inflows marks a significant milestone in the cryptocurrency world, showcasing growing trust and accessibility in digital assets. This success not only highlights Solana's increasing prominence in mainstream finance but also sets the stage for potential gains in popular meme coins like $PEPENODE, $MAXI, and $USDUC, which could benefit from this momentum.

Today, cryptocurrency prices are experiencing a slight decline as the market anticipates the U.S. Federal Reserve's upcoming policy decision. With the total market capitalization down by 1.5% to $3.88 trillion, major tokens like Bitcoin, Ethereum, and XRP are seeing minor losses. This situation is significant as it reflects investor sentiment and market stability ahead of potential changes in monetary policy.

Ethereum's Fusaka update has successfully launched on its final testnet, Hoodi, and is set to enhance the mainnet with significant security and scalability improvements. This is an exciting development for the Ethereum community as it promises to bolster the network's performance and reliability, making it more robust for users and developers alike.

Ethereum is experiencing a downturn, having dropped below the critical $4,000 mark after a correction from $4,250. This decline raises concerns among investors, as further drops could occur if the price falls below $3,920. The breach of key support levels indicates a weakening market sentiment, making it crucial for traders to monitor these price movements closely.

Ethereum's Fusaka upgrade has successfully completed its final Hoodi test, paving the way for its anticipated mainnet launch. With all three tests now behind them, developers are eyeing December 3 as a potential go-live date. This upgrade is significant as it promises to enhance the network's capabilities, making it more efficient and user-friendly, which could attract more users and developers to the platform.

Uniswap has been experiencing a period of consolidation following the market crash on October 10, with its price stabilizing amidst ongoing volatility. While some analysts believe Uniswap could play a crucial role in Ethereum's DeFi recovery, others express concerns about liquidity issues. This situation is significant as it highlights the mixed sentiments in the altcoin market and the potential impact on the broader cryptocurrency landscape.

Coinbase and Figment have expanded their institutional staking services to include assets beyond Ethereum, allowing Coinbase Prime clients to stake Solana, Avalanche, and other proof-of-stake assets directly from custody. This move is significant as it enhances the offerings for institutional investors, providing them with more options in the growing staking market and potentially increasing their returns.

Coinbase and Figment have expanded their institutional staking services beyond Ethereum, allowing Coinbase Prime clients to stake additional proof-of-stake assets like Solana and Avalanche directly from custody. This move is significant as it enhances the offerings for institutional investors, providing them with more options in the rapidly evolving cryptocurrency landscape.

Bitwise Asset Manager's CIO, Matt Hougan, has high hopes for the newly launched Solana Staking ETF, predicting it will attract substantial institutional interest. The ETF's first day saw impressive trading volume of $56 million, indicating strong investor enthusiasm. This development is significant as it reflects growing confidence in cryptocurrency investments and could pave the way for more institutional participation in the crypto market.

The recent surge in Bitcoin's price, which has risen 85% since Mt. Gox started its repayments, suggests that initial fears of a massive sell-off were unfounded. This is significant because it indicates strong demand for Bitcoin, which could bolster investor confidence and potentially lead to further price increases in the future.

A French political party has introduced an ambitious crypto bill aimed at establishing a national Bitcoin reserve. This initiative is significant as it positions France as a potential leader in the cryptocurrency space, promoting innovation and attracting investment. By creating a national reserve, the government hopes to stabilize the market and enhance the country's economic resilience, making it an exciting development for both investors and the broader crypto community.

The debut of the Bitwise Solana ETF with an impressive $69.5 million in inflows marks a significant milestone in the cryptocurrency world, showcasing growing trust and accessibility in digital assets. This success not only highlights Solana's increasing prominence in mainstream finance but also sets the stage for potential gains in popular meme coins like $PEPENODE, $MAXI, and $USDUC, which could benefit from this momentum.

Bitwise has announced that its Solana Staking ETF, known as BSOL, had a remarkable debut, signaling strong interest in cryptocurrency investment products. This is significant as it reflects growing confidence in the Solana blockchain and the broader crypto market. Additionally, the upcoming listing of GSOL on the NYSE is expected to further enhance accessibility for investors, potentially driving more capital into the sector.

Western Union is stepping into the stablecoin arena with its announcement of the US Dollar Payment Token (USDPT), set to launch in 2026. This move comes in response to the recent GENIUS Act, showcasing the company's adaptability to the changing financial landscape. By integrating digital and fiat currencies through its Digital Asset Network, Western Union aims to enhance payment solutions, making transactions more efficient and accessible for users. This development is significant as it highlights the growing acceptance of cryptocurrencies in mainstream finance.