XRP is under pressure at the $2 level after twice losing that support since the October sell-off. $1.3 billion in tokens moved off exchanges over the past month. Institutional ETF holdings have reached $945.49 million. Daily on-chain fees have dropped 89% and XRPL TVL has fallen to $70 million, pointing to weak network usage and a speculative tilt to recent accumulation.

On Thursday in a Manhattan federal court, Terraform Labs co‑founder Do Kwon was sentenced to 15 years in U.S. prison after pleading guilty in August to conspiracy tied to the $40 billion TerraUSD/LUNA collapse. The judge exceeded prosecutors' 12‑year request and ordered forfeiture of more than $19 million. LUNA spiked from about $0.08 to above $0.24 before retreating toward $0.17.

Memecoin dominance in the altcoin market fell from above 0.11 in late 2024 to around 0.04 in 2025, matching lows last seen in 2022, according to CryptoQuant and CoinGecko. Dog-themed, Solana-based and AI-focused tokens have all reversed from their late-2024 and early-2025 peaks. The synchronized declines point to a broad retreat in speculative retail activity rather than a brief cooldown.

As 2025 draws to a close with Bitcoin trading below its yearly opening near 99K and nursing a loss of more than 7%, Google’s Gemini AI is being used to sketch out potential paths for XRP, Shiba Inu, PEPE and newer memecoin Maxi Doge, according to the article. The model outlines a possible 4–6x move for XRP from around $2.00, sees Shiba Inu targeting resistance at $0.00000910 alongside a planned 2026 Shibarium privacy upgrade, and projects PEPE preparing for a push toward $0.000018 while defending key support. Maxi Doge has raised over $4.29 million with 40% of its MAXI supply going to a public presale, positioning it as a meme underdog that some traders think could benefit if a broader memecoin rally materializes in 2026.

On December 9, 2025, Terra Classic’s v3.6.1 upgrade won 99.39% YES votes and introduced a legacy contract fix to enhance security and reliability. LUNC has surged 230% this month, and open interest is up 400%. Traders are watching $0.0000836 as support and $0.000275 as a potential extension. A 0.91 long‑short ratio signals caution.

On Dec. 12, 2025, a U.S. court confirmed a 15-year federal prison sentence for Terra founder Do Kwon after a hearing that featured victim testimonies. Earlier this year, he pleaded guilty, narrowing a nine-count indictment to two fraud charges, while prosecutors had recommended 12 years. The judge also addressed potential transfer to South Korea and limited credit for time Kwon spent in custody in Montenegro.

At the Solana Breakpoint Conference, Bitwise Co-founder Matt Hougan said Solana’s application stack drives node performance to its ceiling. He warned that the rise of staking via ETFs or trusts must be managed to avoid destabilizing the ecosystem. On December 11, 2025, SOL was $136.34 with a $76.60 billion market cap and about $5.64 billion in 24-hour volume.

On December 11, dYdX Labs announced the launch of its first Solana spot market with access for U.S. users, broadening its product range beyond derivatives. Perpetual contracts remain unavailable in the U.S. because of regulatory concerns. Solana trades around $134.01 with a market cap of $75.28 billion. Observers view the listing as a strategic response to evolving digital‑asset rules.