Santiment: BTC social discussion hits a 4-month high, significantly increasing the probability of a market reversal.

- ZKsync's Q3 2025 protocol upgrades (OS v0.0.5) achieved 15,000 TPS and 1-second block times, enabling high-frequency trading and institutional compliance via Merkle-proof verification. - November 2025 saw ZK rollups process 15,000 TPS, $3.3B TVL in ZKsync, and $2.98B derivatives volume, driven by enterprise adoption from Goldman Sachs and major banks . - Developer activity surged 230% with solx Compiler beta and LLVM-based tooling, while 35+ institutions tested ZKsync's Prividium for confidential cross-b

- Institutional investors like Abu Dhabi’s ADIC and KindlyMD are buying Bitcoin amid its 29% price drop, viewing it as a long-term store of value akin to gold . - ADIC tripled its stake in BlackRock’s IBIT to $518M, while KindlyMD raised $540M to hold 5,398 Bitcoin at $118K average cost, signaling strategic crypto bets. - Despite $3.1B ETF outflows and regulatory risks, Harvard and El Salvador added to Bitcoin holdings, with analysts forecasting potential 2026 recovery if macroeconomic stability returns.

- MicroStrategy risks $9B passive fund outflows if index providers reclassify it as a digital asset vehicle, excluding it from major benchmarks like MSCI USA and Nasdaq 100. - The company holds 80%+ of its value in Bitcoin ($54.4B), creating leverage risks as crypto prices fall and its stock trades below net asset value. - CEO Saylor claims "indestructibility" despite 67% stock price drop and $8.1B debt, while analysts debate whether MicroStrategy should be categorized as an operating firm or crypto fund.

- Ethereum tests $2,700–$2,850 support as bearish momentum intensifies, with breakdown risks exposing $2,450–$2,550 levels. - Long-term holders sold 58,352 ETH ($175M) in one day, while whales accumulate, signaling potential redistribution. - Fed minutes triggered a seven-month low near $2,870, aligning with historical support clusters and 2021–2022 price range midpoints. - A $2,700–$2,850 defense could target $3,050–$3,150, but sustained recovery requires breaking above $4,200 trendline.