HBAR Edges Higher as Vanguard ETF Access Expands Institutional Appeal

Vanguard has made a significant shift in its approach to cryptocurrency by launching exchange-traded funds (ETFs) for Bitcoin, Ethereum, XRP, and Solana, which has triggered a highly bullish sentiment in the market. This move comes after a period of volatility in the crypto space, where Bitcoin's price fluctuated significantly, recently rebounding to around $91,000 after a sell-off. Analysts are closely monitoring this development as it could influence broader market trends.

Vanguard's recent policy reversal to allow spot ETFs for Bitcoin, Ethereum, XRP, and Solana has catalyzed a significant +6% rally in Bitcoin prices on December 2-3, 2025. This shift marks a departure from Vanguard's historically conservative stance in traditional finance, indicating a newfound openness to cryptocurrency investments.

Ethereum has activated the Fusaka upgrade, introducing PeerDAS, a system that allows validators to check smaller data slices instead of entire blobs, which aims to reduce costs and computational load for both validators and layer-2 networks.

Fanatics, a leading sports clothing and collectibles company, has launched Fanatics Markets, an app that allows users to trade on the outcomes of various events, including sports and politics, now available in ten states. The company plans to expand its offerings to include cryptocurrency and IPO bets by 2026.

Bitcoin's price is currently hovering around $90,000, which aligns closely with production costs, indicating a tightening bull/bear line. This situation arises as Bitcoin's network valuation models suggest that the cryptocurrency is near its fair value, reflecting a critical juncture in its market dynamics.

Solana Mobile has announced the upcoming launch of the SKR Token in January, with a total supply of 10 billion tokens. The distribution plan allocates 30% for airdrops, 25% for growth initiatives, and 10% for liquidity and launch support, aiming to bolster the Solana ecosystem.

Polymarket has officially launched its mobile app for sports and proposition markets in the United States, following the approval from the Commodity Futures Trading Commission (CFTC). This marks a significant return for the platform under federal oversight, allowing it to operate legally within the U.S. market.

Filecoin's token has gained 2% as it aligns with a broader rally in the cryptocurrency market, reflecting a positive sentiment despite below-average trading volume. This increase follows a recent trend where Filecoin has shown resilience, breaking through key resistance levels and demonstrating technical momentum.