Bitwise exec predicts Solana will become Wall Street’s preferred stablecoin network

Ethereum is experiencing a significant outflow from centralized exchanges as investors, particularly whales, accumulate the cryptocurrency amidst its price recovery. This trend reduces the risk of a sell-off, indicating a positive shift in investor sentiment towards Ethereum.

On November 12, 2025, Solana's price dropped by 4.9%, falling to $153, as institutional inflows of $336 million were unable to counteract the selling pressure caused by ongoing token releases from Alameda. This decline highlights the challenges faced by Solana in maintaining its market position amid significant selling activity, raising concerns about investor confidence and the overall stability of the cryptocurrency market.

Ripple is set to expand its operations with a $4 billion investment aimed at integrating cryptocurrency with traditional financial systems, specifically targeting Wall Street. The company plans to offer a suite of services including custody, prime brokerage, treasury, and stablecoins, enabling institutions to function similarly to banks but utilizing crypto infrastructure. This expansion is significant as it represents a growing acceptance of cryptocurrency in mainstream finance, potentially reshaping how institutions engage with digital assets.

Institutional investors have been consistently purchasing Solana (SOL) for two weeks, leading to a significant inflow of $350.47 million into Spot Exchange Traded Funds (ETFs). This resurgence has sparked interest in the crypto community, raising speculation about whether SOL's price could reach $300, despite its current value of $156, which is about half of its all-time high of $294. The steady accumulation by institutions may signal a potential market turnaround.

A Solana company backed by Pantera is set to tokenize its shares, following a similar move by Forward Industries, which recently made its stock available onchain. This development highlights a growing trend in the cryptocurrency space where traditional equity is being integrated with blockchain technology, potentially increasing liquidity and accessibility for investors. The significance of this tokenization lies in its ability to modernize the way shares are traded and owned, aligning with the broader shift towards digital assets.

SoFi has become the first national bank in the U.S. to allow customers to trade cryptocurrencies, including Bitcoin, Ethereum, and Solana. This significant development, announced on November 11, 2025, follows SoFi's recent acquisition of a national bank charter, marking a pivotal moment in the integration of traditional banking and digital currencies.

Ethereum is on the verge of a significant price movement, approaching a falling wedge breakout that could lead to a rally towards $4,400 by mid-December. This bullish setup, if confirmed, suggests a positive outlook for Ethereum's market performance, making it a critical moment for investors and traders in the cryptocurrency space.

Ethereum has been positioned as the foundational infrastructure for Wall Street, emphasizing its role in providing trust, security, and liquidity, as articulated by a former BlackRock executive. In this context, the project $PEPENODE aims to leverage Ethereum's credibility through a gamified 'mine-to-earn' model, which seeks to transform meme culture into measurable on-chain engagement. The token presale for $PEPENODE has successfully raised over $2.12 million, indicating significant interest and potential for growth in the cryptocurrency space.