Cardano's ADA traded near $0.35 as 2025 ended, down roughly 60% year to date, with a 24h volume of $467.47M. Midnight, its privacy-focused sidechain, launched on December 8 and NIGHT quickly flirted with a $1 Bn valuation. A December 30 post by Zach Humphries cautioned about top‑10 ranking risk amid weak technicals.

On December 30, 2025, Bitwise Asset Management submitted filings to the U.S. SEC for 11 cryptocurrency strategy ETFs focused on altcoins rather than BTC or ETH. Each fund is designed with a 60/40 allocation between direct exposure to the underlying asset and related exchange-traded products, with market participants watching potential regulatory feedback and trading implications. If approved, the products could broaden institutional access to diverse digital assets and spur new hedging and innovation in crypto markets.

Bitwise has submitted filings to the U.S. Securities and Exchange Commission to introduce 11 single-token "strategy" crypto ETFs focused on individual altcoins. The proposed funds would give brokerage investors rules-based exposure to assets such as Aave, Uniswap, Zcash, Bittensor, Sui, and Near by combining direct token holdings with related exchange-traded products and derivatives.

China's PBOC will permit commercial banks to pay interest on e‑CNY balances, with the framework taking effect Jan. 1, 2026. In the US, banks and crypto firms split over enforcing the GENIUS Act's ban on stablecoin yields, and Dec. 18 letters intensified the dispute. A Coinbase executive warns restrictions could weaken the dollar's digital competitiveness.

In 2025, the MSCI Blockchain Economy Index delivered a 37.03% net gain, its strongest result since 2023, while major crypto market indexes ended the year in the red. The equity-based benchmark, heavily exposed to tech, AI and US-listed blockchain-related stocks, outpaced both the MSCI World Index and S&P’s large-cap and broad digital asset gauges. Financial constituents such as Visa, Mastercard, Robinhood, PayPal and Coinbase showed mixed returns, with Robinhood’s 200% surge offsetting notable losses elsewhere.

According to CryptoSlam, NFT supply grew to over 1.34 billion in 2025, up 25% from 1 billion in 2024, while sales value dropped 37% to about $5.63 billion and the average sale price declined to $96 from $124. CoinGecko data indicates market capitalization peaked near $17 billion in April 2022 and ended 2025 around $2.4 billion.

On 31 December 2025, SoftBank finalized its multi-stage investment in OpenAI, bringing its total commitment to roughly $40 billion and securing more than a 10% stake. The last payment, completed last week, was estimated at over $22 billion and came after SoftBank sold its $5.8 billion Nvidia position to free up capital. The deal values OpenAI at a $260 billion pre-money valuation and supports expansive AI infrastructure plans as tech giants, including Microsoft, Amazon, Disney, and Meta, intensify competition in artificial intelligence.

Nvidia is coordinating with TSMC to expand H200 manufacturing after Chinese firms placed orders exceeding 2 million units for 2026. The company reportedly has about 700,000 chips available, with initial deliveries planned before the Lunar New Year and additional production expected to begin in Q2 2026, while Beijing's import approval remains pending.