Solana Integration Boosts Kalshi’s Push Into Tokenized Event Contracts and Crypto Liquidity

Coinbase has launched an instant unstaking feature, responding to the rising demand for yield in the cryptocurrency market. This new functionality allows users to quickly access their staked assets, enhancing liquidity and flexibility for investors. The launch comes amid a positive shift in market sentiment, as indicated by the recent recovery of Bitcoin's Coinbase Premium, which has turned positive after weeks of decline.

Kalshi has successfully raised $1 billion in its latest Series E funding round, resulting in a valuation of $11 billion. This funding comes after the prediction market platform experienced its highest trading volumes to date last month, indicating strong market interest and engagement.

Kraken, the third-largest centralized exchange in the U.S., has acquired Backed Finance to enhance its tokenized stock platform. This strategic move aims to integrate traditional finance with blockchain technology, allowing Kraken to offer a broader range of tokenized equity options through the xStocks platform.

Solana's on-chain flows indicate a significant supply shift as the cryptocurrency trades near key support levels, with recent price movements keeping SOL above $120 despite subdued demand from futures traders. This situation reflects ongoing volatility in the market, as traders remain cautious amidst fluctuating investor sentiment.

The Federal Reserve has officially ended its quantitative tightening (QT) program as of December 1, maintaining its balance sheet at $6.57 trillion. This decision marks a significant shift in U.S. monetary policy, which is expected to have substantial implications for Bitcoin and the broader cryptocurrency markets.

Kalshi has launched on-chain event contracts integrated with the Solana blockchain, enhancing its platform for prediction markets. This move allows users to engage with decentralized event contracts, tapping into the growing cryptocurrency liquidity. The integration is seen as a significant step in expanding Kalshi's offerings in the prediction market sector.

Bitcoin and major altcoins, including Pepe Coin, Solana, and XRP, experienced a significant price surge on December 2, recovering from previous losses. Bitcoin rose by 6.5%, while Pepe Coin, Solana, and XRP also saw notable increases, contributing to a rebound in the overall cryptocurrency market.

Solana exchange-traded funds (ETFs) launched on October 28, 2025, and experienced a remarkable inflow of capital, achieving 21 consecutive days of positive inflows leading up to Thanksgiving. This surge highlights a strong investor interest in Solana as a viable asset in the cryptocurrency market.