Solana Weekly Earnings Plunge 93% from January Peak as Meme Coin Bubble Bursts

Two wallets, possibly belonging to the same whale, spent $9.08M to buy 4,312 $ETH at an average price of $2,106.

According to Bloomberg, the New York Stock Exchange will settle tokenized stocks on the Avalanche blockchain.

According to an official announcement from Galxe, the Web3 identity and engagement platform has revealed it is integrating its team and brand into Gravity to accelerate the development and adoption of Gravity L1. Over the past five years, Galxe has served 36 million users and supported more than 7,700 partner projects via campaigns, credentials, and loyalty programs. As part of the integration, Galxe will shut down Galxe Quest, Galxe ID, Galxe Passport, and related services. Gravity will continue to operate as normal, and no adjustments will be made to the G token during this transition. Effective immediately, Spaces can no longer create new campaigns; new Galxe+ and Galxe Score subscriptions, as well as Galxe Passport minting, have been suspended. December 5 marks the final day to participate in campaigns, after which no active campaigns will run. On December 15, the campaign reward claim portal will close, and the entire Galxe website will switch to read-only mode. The official reminds users to claim all unclaimed campaign rewards before December 15. The platform also confirmed user assets remain secure, including Smart Savings balances, unstaked G tokens, and G tokens held in Gravity Alpha mainnet wallets. These assets will follow separate claim processes and timelines, with specific details and operational guidelines to be released in a subsequent announcement on Galxe’s official X account.

According to HTX market data, AVAX surged more than 5% in a short period following news that Bloomberg reported the New York Stock Exchange will settle tokenized stocks on the Avalanche blockchain, and is now trading at $8.47.

According to Lookonchain's monitoring, two wallets (likely belonging to the same whale) spent $9.08 million to purchase 4,312 ETH at an average price of $2,106.

According to data from the BIT Stock Platform, Nvidia’s pre-market decline in US stocks once widened to 6.4% and is now at 5.92%, with its share price standing at $175.6.