Glassnode releases its latest Bitcoin Vector report, offering insights into market trends and on-chain analysis. The report is a collaboration between Swissblock and Willy Woo.
The latest edition of the Bitcoin Vector report, presented by Glassnode in collaboration with Swissblock and renowned analyst Willy Woo, provides a comprehensive analysis of the current market trends and on-chain data. Released on November 24, 2025, the report aims to offer valuable insights for investors and enthusiasts seeking to understand the evolving dynamics of the Bitcoin (BTC) market.
Collaboration and Expertise
This latest report is a product of a collaborative effort between Swissblock and Willy Woo, known for their expertise in blockchain analysis and market insights. Glassnode, a leader in blockchain analytics, continues to deliver high-quality research, enhancing the understanding of digital asset markets.
Key Insights and Analysis
The Bitcoin Vector report delves into various aspects of the Bitcoin market, including price movements, market sentiment, and on-chain metrics. By analyzing these factors, the report aims to provide a holistic view of the current market conditions, helping stakeholders make informed decisions.
In addition to market analysis, the report also explores the impact of macroeconomic factors on Bitcoin’s price and the broader cryptocurrency market. This includes examining how global economic trends and regulatory developments may influence market dynamics.
Relevance to Investors
For investors and analysts, the Bitcoin Vector report is a valuable resource that offers detailed insights into the market forces shaping Bitcoin’s trajectory. By subscribing to Glassnode’s analysis, readers can stay updated with the latest trends and potential future scenarios in the cryptocurrency space.
For more detailed information, readers can access the full report on the Glassnode website.
Bitcoin is attempting a recovery from $80,600, which several analysts said was a bottom.
Several altcoins are struggling to start a rebound, indicating a lack of demand from buyers.
Bitcoin (BTC) dropped about 8% last week, but lower levels attracted buyers. The bulls are striving to push the price above $88,000 at the start of the new week. Inflows of $238.4 million into spot BTC exchange-traded funds on Friday, according to Farside Investors’ data, indicate that the bulls are again becoming active.
Analysts at wealth manager Swissblock said in a post on X that the sharply declining risk-off signal indicates a reduction in selling pressure, suggesting that the “worst of the capitulation” may be over for now. They added that fading selling pressure and a weaker second selling wave will confirm a more reliable bottom.
Crypto market data daily view. Source: TradingView
BitMEX co-founder Arthur Hayes said in a post on X that BTC may chop below $90,000 and possibly fall into the low $80,000 levels. The ex-BitMEX chief executive said he expected the $80,000 level to hold.
Could BTC and the major altcoins start a sustained recovery, or will higher levels attract sellers? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
S&P 500 Index price prediction
The S&P 500 Index (SPX) turned up from the 6,550 support on Friday, and the bulls were attempting to extend the recovery on Monday.
The relief rally is expected to face selling in the zone between the moving averages and the resistance line. If the price turns down from the overhead zone, the bears will again try to pull the index below 6,550. If they can pull it off, the index could plummet to the 6,350 level.
On the other hand, a break and close above the resistance line indicates that the corrective phase may be over. The index could then retest the all-time high at 6,920.
US Dollar Index price prediction
The US Dollar Index (DXY) has been facing resistance near the 100.50 level, but a positive sign is that the bulls have not ceded much ground to the bears.
The gradually upsloping moving averages and the relative strength index (RSI) in the positive territory indicate the path of least resistance is to the upside. If the price breaks above the 100.50 level, the index could surge to the 102 level. A close above the 102 resistance will complete a rounding bottom pattern, signaling a potential trend change.
Sellers will have to pull the price below the 20-day exponential moving average (99.62) to weaken the bullish momentum. The index could then drop to the 50-day simple moving average (98.81).
Bitcoin price prediction
BTC is attempting a recovery after having plunged to $80,600 on Friday, but higher levels are likely to attract sellers.
The 20-day EMA ($94,620) is likely to act as a major hurdle on the upside. If the Bitcoin price turns down sharply from the 20-day EMA, it suggests that the sentiment remains negative and the bears are selling on rallies. That heightens the risk of a drop to the $73,777 level, where the bulls are expected to step in.
Buyers will have to push and maintain the price above the 20-day EMA to gain strength. The BTC/USDT pair may then climb to the psychological level of $100,000.
Ether price prediction
Ether (ETH) is attempting to start a recovery, which may encounter significant resistance in the zone between the 20-day EMA ($3,148) and $3,350.
If the price turns down from the overhead zone, the bears will attempt to resume the downtrend. A break and close below $2,623 signals the start of the next leg of the downmove to $2,400 and then to the $2,111 level.
Instead, if buyers thrust the Ether price above $3,350, the ETH/USDT pair could reach the 50-day SMA ($3,659). A close above the 50-day SMA suggests the bulls are back in the game.
XRP price prediction
XRP (XRP) rebounded off the support line on Saturday, indicating that the bulls are trying to keep the price inside the descending channel pattern.
The bears are unlikely to give up easily and will try to halt the relief rally at the moving averages. If the price turns down sharply from the moving averages, the sellers will again attempt to pull the XRP/USDT pair to $1.61.
On the contrary, a break above the moving averages could push the price to the downtrend line. Buyers will have to pierce and sustain the XRP price above the downtrend line to suggest a potential trend change.
BNB price prediction
BNB (BNB) is attempting a recovery after hitting $790 on Friday, but the sellers are expected to enter at higher levels.
If the price turns down sharply from the $860, it suggests that the bears have flipped the level into resistance. That increases the possibility of a break below $790. The BNB/USDT pair could then plummet to $730.
The 20-day EMA ($920) remains the key overhead resistance to watch out for. A break and close above the 20-day EMA suggests that the market has rejected the break below $860. The BNB price may then rally to $1,019.
Solana price prediction
Solana (SOL) is trying to take support at the $126 level, but the shallow rebound suggests a lack of aggressive buying by the bulls.
If the price turns down from the current level or the 20-day EMA ($145), it suggests that the bears are active at higher levels. The SOL/USDT pair then risks a drop below the $126 support. If that happens, the Solana price could tumble to $110 and subsequently to $95.
Contrarily, a break and close above the 20-day EMA indicates that the bulls are attempting a comeback. The pair could then attempt a rally to the 50-day SMA ($174).
The positive divergence on the RSI suggests that the selling pressure is diminishing. Buyers will have to drive the Dogecoin price above the 20-day EMA (0.16) to signal strength. The DOGE/USDT pair may then climb to the 50-day SMA ($0.18).
Alternatively, if the price turns down sharply from the 20-day EMA, the bears will again try to drag the pair below $0.14. If they succeed, the pair could collapse to the Oct. 10 low of $0.10.
Cardano price prediction
Cardano (ADA) is attempting to take support at $0.38, but the weak bounce suggests the bears are in no mood to let go.
If the price turns down from the current level and breaks below $0.38, the ADA/USDT pair could resume its downtrend. The Cardano price could descend to the Oct. 10 low of $0.27.
The $0.50 resistance is the crucial level to watch out for on the upside. If the price turns down from $0.50, it suggests that the bears remain in control. That puts the $0.38 level at risk of breaking down.
Conversely, a close above $0.50 indicates that the bears are losing their grip. The pair could then rally toward the 50-day SMA ($0.60).
Bitcoin Cash price prediction
Bitcoin Cash (BCH) turned up sharply from the $443 support on Friday and soared above the resistance line of the falling wedge pattern.
The bears are trying to pull the price back into the wedge, but the bulls have held their ground. If the price turns up and breaks above $568, it signals the start of a new up move to $615 and then $651.
This positive view will be invalidated in the near term if the Bitcoin Cash price turns down and breaks below the moving averages. Such a move suggests the break above the resistance line may have been a bull trap. The BCH/USDT pair could then retest the $443 support.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
A $314 million Hyperliquid token unlock scheduled for Saturday puts the perpetuals decentralized exchange (DEX) under its most significant tokenomics spotlight yet, as one community member calls for clearer communication on how the core contributor unlock will be managed.
Tokenomist data shows that on Saturday, Hyperliquid will release 9.92 million HYPE tokens, which is 2.66% of the supply. The tokens are worth about $314 million at the time of writing. The HYPE allocation will be released in a “cliff unlock,” which means they will be released all at once.
The unlock ignited public conversations among holders, including an open letter from an X user named Andy, who urged the team to address the community before the tokens are unlocked. At the time of writing, HYPE trades at $31, a 23% decline over the past month.
“The team and airdrop recipients finally able to sell is going to ruffle feathers until you address the community head on,” Andy wrote. “The entire market has PTSD from the destruction on charts of VC-backed vapor.”
Hyperliquid leads the weekly unlock list with $314 million scheduled for Saturday. Source: Tokenomist
Arthur Hayes says to expect sell pressure
BitMEX co-founder Arthur Hayes issued a blunt warning that the upcoming unlocking event introduces unavoidable selling pressure for the token. He said that insider assurances cannot eliminate uncertainty
“Even if the team pinky swears to not sell, there is nothing holding them to that. So you have to assume a >0% amount of daily sell pressure,” Hayes wrote.
He pointed to a sharp drop in Hyperliquid’s price-to-fully diluted valuation (FDV) ratio since July as proof that traders are already discounting the forthcoming dilution risk, unless revenue growth continues to outpace the increase in supply.
While some community members are calling for more open communication, others argue that the Hyperliquid team is not obligated to disclose what they will do with their tokens.
One X user said that disclosing the allocation amount and timing was “sufficient” and that the team can decide what they will do with their tokens internally.
Another community member criticized the open letter and called it “desperation” and “borrowed conviction.” He said that out of all the teams, the Hyperliquid members have “definitely earned” their tokens.
Perpetual DEX volumes remain consistent in November
Despite a broader crypto market slump, perpetual DEXs saw consistent daily volumes ranging from $28 billion to $60 billion, according to DefiLlama.
The top four perp DEXs — Lighter, Aster, Hyperliquid and edgeX — saw a combined trading volume of over $1 trillion in the last 30 days. Lighter led the group with a $300 billion volume, while Aster followed with a $289 billion monthly volume.
Hyperliquid’s trading volume in November. Source: DefiLlama
Hyperliquid ranked third with a $259 billion volume, while edgeX recorded a volume of $177 billion in the same time frame.
Cryptocurrency investment products have hit almost $5 billion in outflows over the past four weeks, but inflows during the final days of last week offered a small sign of improving sentiment.
Crypto exchange-traded products (ETPs) saw $1.94 billion in outflows last week, a small decline from the $2 billion exodus the previous week, according to a Monday research report from CoinShares.
The four-week total now stands at $4.9 billion, marking the third-largest outflow run on record. Only the March tariff-driven sell-off and the February 2018 downturn were bigger.
Still, CoinShares noted “tentative signs of a turnaround,” citing $258 million in inflows during the last trading days of the week following seven straight days of redemptions.
Weekly crypto asset flows, in USD, millions. Source: CoinShares
XRP (XRP) investment products were a rare bright spot. XRP exchange-traded products (ETPs) recorded $89.3 million in inflows last week, defying the broader downturn even as the token fell 6.9%.
Solana (SOL) ETPs were in the red with $156 million in outflows and SOL falling 3.5%, according to Cointelegraph data.
XRP, SOL, one-week chart. Source: Cointelegraph
Bitcoin (BTC) saw the majority of outflows, at $1.27 billion, while Ether (ETH) funds followed with $589 million in weekly outflows.
Meanwhile, the industry’s most successful traders, who are tracked as “smart money” traders on Nansen’s blockchain intelligence platform, are betting on the short-term appreciation of the XRP token.
Smart money traders top perpetual futures positions on Hyperliquid. Source: Nansen
Smart money traders added $10.4 million worth of cumulative leveraged long positions in the past 24 hours, as the cohort was net long with $74 million, according to Nansen.
However, smart money was still betting on a further decline in Bitcoin, with $325 million in cumulative net short Bitcoin positions.
With more than 100 million crypto users, India still lacks a comprehensive virtual digital asset (VDA) law. Existing rules address taxation and AML obligations, but they do not fully cover consumer protection or broader market conduct.
Issues under discussion include the absence of unified investor-protection rules, unregulated trading practices and concerns that India’s 30% tax plus 1% TDS regime is pushing users to offshore platforms.
Stakeholders are discussing a risk-based VDA framework, licensing requirements for exchanges and custodians, conduct-of-business standards, RWA-specific regulations and improved data and reporting systems.
Proposed safeguards include clearer custody norms, defined insolvency procedures, stronger disclosure standards, reserve transparency and closer oversight of leverage and liquidity risks.
India is home to more than 100 million crypto users, many of whom are younger and highly tech-savvy. Yet the country still lacks clear and comprehensive regulations for virtual digital assets (VDAs).
A formal review of VDA policies is now underway. This could shift the current system, which focuses mainly on high taxes and basic Anti-Money-Laundering (AML) rules, toward a stronger framework that prioritizes investor protection.
This article outlines the VDA regulations currently in place in India as of Nov. 24, 2025. It explains what the VDA review involves, highlights the key issues under examination, summarizes the regulatory frameworks being considered and discusses the potential benefits the review could deliver.
How India currently regulates VDAs
In India, the term “VDA” is defined in the Income Tax Act through amendments introduced in 2022. It includes cryptocurrencies, non-fungible tokens (NFTs) and any other digital assets the government may specify. VDAs are not legal tender, but individuals are allowed to buy, sell and hold them.
India applies strict taxes on VDAs, including a flat 30% tax on profits from their transfer and a 1% tax deducted at source on transactions above certain limits. Losses from VDAs cannot be offset against other income.
Since March 2023, companies offering VDA services must register with the Financial Intelligence Unit-India (FIU-IND). They are also required to follow AML and Know Your Customer (KYC) rules under the Prevention of Money Laundering Act.
All VDA service providers in India, including domestic and offshore platforms that serve Indian users, are required to register with the FIU-IND as reporting entities.
However, there is still no comprehensive law to govern VDAs. This gap has created confusion and contributed to an outflow of capital and talent. India’s current approach relies on high taxation and AML requirements, but it does not yet provide full regulation or strong consumer protection.
Did you know? Regulation is one of the fastest-moving areas in global finance. Unlike traditional finance laws that often take years to change, crypto regulations can shift within months.
What India’s VDA review involves
India’s G20 presidency in 2023, along with recommendations from bodies such as the Financial Stability Board, encouraged the country to adopt international standards for crypto regulation.
In May 2025, the Supreme Court highlighted the regulatory gap and called for clearer laws. Following this, the Central Board of Direct Taxes asked stakeholders for feedback on whether a dedicated VDA law is needed.
The review would cover several key areas:
Balancing innovation with investor protection
Creating appropriate oversight for different types of VDAs, including trading tokens, stablecoins and tokenized assets
Aligning with global standards while protecting India’s monetary system and preventing money laundering
Clarifying the roles of regulators and giving businesses and users greater legal certainty.
Key issues under India’s VDA review
The ongoing review of India’s VDA framework is focused on resolving several core challenges and areas of ambiguity. The goal is to establish a clearer and more robust regulatory system. Here are the key issues under consideration:
Investor protection: There is no unified law safeguarding crypto investors. Key risks include unclear rules on how exchanges must hold customer funds, a lack of defined procedures if an exchange fails, mis-selling of products and insufficient disclosure standards.
Market integrity and systemic risks: Regulators are concerned about practices such as wash trading, hidden leverage and the use of offshore platforms. Unregulated stablecoins and decentralized trading could also create risks for India’s financial system.
Money laundering: Although VDA service providers are covered by Anti-Money Laundering (AML) laws, enforcing these requirements on foreign platforms remains difficult. Decentralized finance (DeFi) also falls outside the scope of current regulations.
Taxation: The 30% tax and 1% tax deducted at source (TDS), combined with the inability to offset losses, have pushed many users toward unregulated offshore platforms and slowed local innovation.
Tokenized real-world assets (RWAs): India does not yet have a regulatory framework for RWAs. This gap could become significant if the tokenization of real-world assets grows in adoption.
Did you know? Not all countries tax crypto trades. Places like Portugal and Singapore charge zero tax on capital gains but may tax crypto when it is converted into goods or services.
Regulatory frameworks on the table
The review is expected to consider several regulatory models. Here are some concepts that may be discussed:
VDA law with risk-based oversight: A dedicated VDA law could classify assets by risk and function, such as payment tokens, utility tokens, security-like tokens and asset-referenced tokens. Oversight may depend on the activity involved.
Licensing norms for VDA service providers: Exchanges, custodians, wallet providers and brokers may be required to obtain licenses or registration. They would also need to meet governance, capital, cybersecurity, audit and asset-segregation standards.
Conduct-of-business rules: Standardized risk disclosures, ongoing product-level reporting and clear advertising norms for VDAs may be introduced. Regulations would likely address custody practices, conflicts of interest, segregation of client assets and procedures for insolvency. Advertising rules may align with guidelines from the Advertising Standards Council of India.
Regulation of user funds: Rules may require strict separation of user funds, regular onchain and offchain reconciliation and greater transparency around reserves. A statutory mechanism may be created to protect user assets held by VDA platforms.
Regulation of RWAs: A separate regulatory approach may address tokenized RWA platforms and VDAs that involve high-risk payment features. These rules could include central bank involvement, capital-backing requirements, cross-border flow controls and sandbox testing.
Data and reporting: Regulators may require periodic or real-time reporting of transaction volumes and order-book data. Agencies such as the Reserve Bank of India, the Securities and Exchange Board of India, FIU-IND and others will need to coordinate closely to ensure effective oversight of crypto activity.
A well-designed regulatory framework for VDAs in India can deliver significant benefits. It can strengthen protections for users and the financial system while supporting responsible growth in the sector.
Did you know? After Financial Action Task Force rules were adopted globally, crypto exchanges had to follow strict KYC, reporting and monitoring standards similar to those applied to banks. This resulted in major compliance upgrades, including the use of onchain analytics tools to track suspicious transactions across blockchains.
How a thoughtful VDA review could strengthen protections
A well-conceived regulatory framework for VDAs could offer several key advantages:
Clearer safeguards for users without hindering innovation: Clearly defining the responsibilities and obligations of service providers will give users stronger rights and clearer remedies. For example, users would know in advance what happens if an exchange fails.
Greater market integrity and stronger financial-system resilience: Regulation can improve oversight of leverage, liquidity mismatches, margin practices and reserve requirements. Effective rules for tokenized assets can also reduce the risk of problems spilling over into traditional finance.
Reduced money-laundering risks: Licensing requirements, combined with information-sharing among global regulators, can make it harder for unregulated offshore platforms to operate. This strengthens AML, counter-terrorism financing and investor-protection measures.
A comprehensive regulatory framework can encourage businesses and developers to build and hire talent within India instead of shifting operations abroad.
With more than 100 million crypto users, India still lacks a comprehensive virtual digital asset (VDA) law. Existing rules address taxation and AML obligations, but they do not fully cover consumer protection or broader market conduct.
Issues under discussion include the absence of unified investor-protection rules, unregulated trading practices and concerns that India’s 30% tax plus 1% TDS regime is pushing users to offshore platforms.
Stakeholders are discussing a risk-based VDA framework, licensing requirements for exchanges and custodians, conduct-of-business standards, RWA-specific regulations and improved data and reporting systems.
Proposed safeguards include clearer custody norms, defined insolvency procedures, stronger disclosure standards, reserve transparency and closer oversight of leverage and liquidity risks.
India is home to more than 100 million crypto users, many of whom are younger and highly tech-savvy. Yet the country still lacks clear and comprehensive regulations for virtual digital assets (VDAs).
A formal review of VDA policies is now underway. This could shift the current system, which focuses mainly on high taxes and basic Anti-Money-Laundering (AML) rules, toward a stronger framework that prioritizes investor protection.
This article outlines the VDA regulations currently in place in India as of Nov. 24, 2025. It explains what the VDA review involves, highlights the key issues under examination, summarizes the regulatory frameworks being considered and discusses the potential benefits the review could deliver.
How India currently regulates VDAs
In India, the term “VDA” is defined in the Income Tax Act through amendments introduced in 2022. It includes cryptocurrencies, non-fungible tokens (NFTs) and any other digital assets the government may specify. VDAs are not legal tender, but individuals are allowed to buy, sell and hold them.
India applies strict taxes on VDAs, including a flat 30% tax on profits from their transfer and a 1% tax deducted at source on transactions above certain limits. Losses from VDAs cannot be offset against other income.
Since March 2023, companies offering VDA services must register with the Financial Intelligence Unit-India (FIU-IND). They are also required to follow AML and Know Your Customer (KYC) rules under the Prevention of Money Laundering Act.
All VDA service providers in India, including domestic and offshore platforms that serve Indian users, are required to register with the FIU-IND as reporting entities.
However, there is still no comprehensive law to govern VDAs. This gap has created confusion and contributed to an outflow of capital and talent. India’s current approach relies on high taxation and AML requirements, but it does not yet provide full regulation or strong consumer protection.
Did you know? Regulation is one of the fastest-moving areas in global finance. Unlike traditional finance laws that often take years to change, crypto regulations can shift within months.
What India’s VDA review involves
India’s G20 presidency in 2023, along with recommendations from bodies such as the Financial Stability Board, encouraged the country to adopt international standards for crypto regulation.
In May 2025, the Supreme Court highlighted the regulatory gap and called for clearer laws. Following this, the Central Board of Direct Taxes asked stakeholders for feedback on whether a dedicated VDA law is needed.
The review would cover several key areas:
Balancing innovation with investor protection
Creating appropriate oversight for different types of VDAs, including trading tokens, stablecoins and tokenized assets
Aligning with global standards while protecting India’s monetary system and preventing money laundering
Clarifying the roles of regulators and giving businesses and users greater legal certainty.
Key issues under India’s VDA review
The ongoing review of India’s VDA framework is focused on resolving several core challenges and areas of ambiguity. The goal is to establish a clearer and more robust regulatory system. Here are the key issues under consideration:
Investor protection: There is no unified law safeguarding crypto investors. Key risks include unclear rules on how exchanges must hold customer funds, a lack of defined procedures if an exchange fails, mis-selling of products and insufficient disclosure standards.
Market integrity and systemic risks: Regulators are concerned about practices such as wash trading, hidden leverage and the use of offshore platforms. Unregulated stablecoins and decentralized trading could also create risks for India’s financial system.
Money laundering: Although VDA service providers are covered by Anti-Money Laundering (AML) laws, enforcing these requirements on foreign platforms remains difficult. Decentralized finance (DeFi) also falls outside the scope of current regulations.
Taxation: The 30% tax and 1% tax deducted at source (TDS), combined with the inability to offset losses, have pushed many users toward unregulated offshore platforms and slowed local innovation.
Tokenized real-world assets (RWAs): India does not yet have a regulatory framework for RWAs. This gap could become significant if the tokenization of real-world assets grows in adoption.
Did you know? Not all countries tax crypto trades. Places like Portugal and Singapore charge zero tax on capital gains but may tax crypto when it is converted into goods or services.
Regulatory frameworks on the table
The review is expected to consider several regulatory models. Here are some concepts that may be discussed:
VDA law with risk-based oversight: A dedicated VDA law could classify assets by risk and function, such as payment tokens, utility tokens, security-like tokens and asset-referenced tokens. Oversight may depend on the activity involved.
Licensing norms for VDA service providers: Exchanges, custodians, wallet providers and brokers may be required to obtain licenses or registration. They would also need to meet governance, capital, cybersecurity, audit and asset-segregation standards.
Conduct-of-business rules: Standardized risk disclosures, ongoing product-level reporting and clear advertising norms for VDAs may be introduced. Regulations would likely address custody practices, conflicts of interest, segregation of client assets and procedures for insolvency. Advertising rules may align with guidelines from the Advertising Standards Council of India.
Regulation of user funds: Rules may require strict separation of user funds, regular onchain and offchain reconciliation and greater transparency around reserves. A statutory mechanism may be created to protect user assets held by VDA platforms.
Regulation of RWAs: A separate regulatory approach may address tokenized RWA platforms and VDAs that involve high-risk payment features. These rules could include central bank involvement, capital-backing requirements, cross-border flow controls and sandbox testing.
Data and reporting: Regulators may require periodic or real-time reporting of transaction volumes and order-book data. Agencies such as the Reserve Bank of India, the Securities and Exchange Board of India, FIU-IND and others will need to coordinate closely to ensure effective oversight of crypto activity.
A well-designed regulatory framework for VDAs in India can deliver significant benefits. It can strengthen protections for users and the financial system while supporting responsible growth in the sector.
Did you know? After Financial Action Task Force rules were adopted globally, crypto exchanges had to follow strict KYC, reporting and monitoring standards similar to those applied to banks. This resulted in major compliance upgrades, including the use of onchain analytics tools to track suspicious transactions across blockchains.
How a thoughtful VDA review could strengthen protections
A well-conceived regulatory framework for VDAs could offer several key advantages:
Clearer safeguards for users without hindering innovation: Clearly defining the responsibilities and obligations of service providers will give users stronger rights and clearer remedies. For example, users would know in advance what happens if an exchange fails.
Greater market integrity and stronger financial-system resilience: Regulation can improve oversight of leverage, liquidity mismatches, margin practices and reserve requirements. Effective rules for tokenized assets can also reduce the risk of problems spilling over into traditional finance.
Reduced money-laundering risks: Licensing requirements, combined with information-sharing among global regulators, can make it harder for unregulated offshore platforms to operate. This strengthens AML, counter-terrorism financing and investor-protection measures.
A comprehensive regulatory framework can encourage businesses and developers to build and hire talent within India instead of shifting operations abroad.
Grayscale has said that Chainlink will be at the center of the next major phase of blockchain adoption, referring to the project as the “critical connective tissue” that links crypto to traditional finance.
In a recent research report, the asset manager argued that Chainlink (LINK)’s growing suite of software tools is emerging as essential infrastructure for tokenization, crosschain settlement and the broader shift toward real-world assets on blockchain rails.
“A more accurate description of Chainlink today would be modular middleware that lets on-chain applications safely use off-chain data, interact across blockchains, and meet enterprise-grade compliance needs,” Grayscale wrote.
The company added that this expanding footprint has helped turn LINK into the largest non–layer 1 crypto asset by market cap (excluding stablecoins), giving investors exposure to multiple ecosystems rather than a single chain.
According to Grayscale, tokenization is the clearest pathway where Chainlink’s value becomes obvious. Today, nearly all financial assets, from securities to real estate, are still recorded on off-chain ledgers. For these assets to gain the efficiency and programmability of blockchains, they must be tokenized, verified and connected to external data sources.
“We expect Chainlink to play a central role orchestrating the process of tokenization, and it has announced a variety of partnerships, including with S&P Global and FTSE/Russel, that should help it do so,” the asset manager wrote.
The tokenized asset market has grown from $5 billion to more than $35.6 billion since early 2023, according to RWA.xyz.
The pilot connected Kinexys Digital Payments, JPMorgan’s permissioned payment network, with Ondo Chain’s testnet, which specializes in tokenized real-world assets. Using Chainlink’s Runtime Environment (CRE) as the coordination layer, the settlement exchanged Ondo’s tokenized US Treasurys fund, OUSG, for fiat payment without the assets leaving their native chains.
Bloomberg Senior ETF Analyst Eric Balchunas has warned that Zcash may adversely impact Bitcoin at this crucial moment.
In a recent post on X, Balchunas said Zcash (ZEC) has “third-party candidate vibes, like Gary Johnson or Jill Stein,” arguing that pushing a separate privacy coin risks “splitting the vote” when Bitcoin (BTC) needs unified political and cultural support.
Balchunas’s comment comes as the Bitcoin vs Zcash debate intensifies. Arman Meguerian, founder and CEO of Timestamp, dismissed the idea that BTC supporters are pivoting to Zcash. “I don’t know a single Bitcoin maxi that thinks about Zcash at all,” he wrote on X.
Jan3 founder Samson Mow echoed the sentiment, claiming that Bitcoin maxis are “only looking at Zcash to roll our eyes at it.”
Eric Balchunas says Zcash has third-party candidate vibes. Source: Eric Balchunas
The backlash grew sharper as other industry personalities accused Zcash advocates of manufacturing hype.
Mark Moss, a Bitcoin-focused venture capitalist, seasoned entrepreneur, and educator, recently posted screenshots of outreach messages from marketing agencies offering paid ZEC collaborations. “Wonder why ZCash is showing up EVERYwhere all of a sudden?” he asked.
Market analyst Rajat Soni also warned that recent excitement around ZEC looks like an attempt to “find exit liquidity,” pointing to fabricated headlines claiming that Fidelity analysts predicted Zcash reaching $100,000.
Nevertheless, not everyone is skeptical of Zcash’s recent resurgence. The Winklevoss twins, founders of Gemini and early Bitcoin investors, recently launched Cypherpunk Tech, the first Zcash-focused treasury company.
In an interview with Cointelegraph, they described Zcash as “encrypted Bitcoin”, arguing that Bitcoin is best for storing value while Zcash excels in private transactions. They view Zcash as complementary, not competitive.
AAVE price prediction shows potential recovery to $180-190 range within 4-6 weeks, despite current bearish sentiment. Technical indicators suggest oversold bounce ahead.
AAVE Price Prediction Summary
• AAVE short-term target (1 week): $172-175 (+8-10%)
• Aave medium-term forecast (1 month): $180-195 range (+13-23%)
• Key level to break for bullish continuation: $180.47
• Critical support if bearish: $151.50
Recent Aave Price Predictions from Analysts
The AAVE price prediction landscape shows mixed but increasingly optimistic sentiment. CoinCodex recently issued an AAVE price target of $190.98 by November 25, representing a potential 20% upside from current levels around $158.95. This prediction aligns with technical support levels identified at $165.99, with resistance mapping to $180.47 and $186.76.
Cryptopolitan’s Aave forecast takes a more cautious approach, highlighting the critical $170 level as a make-or-break point for near-term direction. Their analysis suggests that while AAVE has stabilized around $175 recently, sustained momentum above $185-199 is necessary to establish a convincing bullish bias.
The consensus among these predictions points to a recovery scenario, though analysts emphasize the importance of key technical levels holding. The market’s extreme fear reading of 11 on the Fear & Greed Index creates contrarian opportunities for those timing entries correctly.
AAVE Technical Analysis: Setting Up for Recovery
The current Aave technical analysis reveals classic oversold conditions that historically precede meaningful bounces. With an RSI of 34.16, AAVE sits in neutral territory but closer to oversold levels, suggesting selling pressure may be exhausting.
The Bollinger Bands position at 0.11 is particularly telling—AAVE trades near the lower band at $150.24, indicating significant deviation from the 20-period moving average. This extreme positioning often marks reversal points, especially when combined with the current volume profile showing $21.1 million in 24-hour trading activity.
MACD histogram at -2.2005 confirms bearish momentum remains intact, but the gap between MACD (-17.21) and signal line (-15.01) suggests the downtrend may be losing steam. The stochastic oscillator readings (%K: 13.89, %D: 11.19) indicate oversold conditions that typically resolve with upward price movements.
Pattern analysis shows AAVE has respected the $151.50 support level multiple times, creating a double-bottom formation that could serve as a launching pad for recovery.
Aave Price Targets: Bull and Bear Scenarios
Bullish Case for AAVE
The primary AAVE price prediction for the bullish scenario targets the $180-195 range within 4-6 weeks. This projection relies on several technical confluences:
Breaking above $168.05 (7-day SMA) would trigger short-term momentum, with $175 serving as the next resistance cluster. A sustained move above $180.47 opens the path to $186.76 and ultimately $194.95—the upper resistance band identified by recent analyst coverage.
The Aave forecast for maximum upside extends to $220-230 if AAVE can reclaim its 50-day moving average at $219.79, though this scenario requires broader crypto market recovery and would likely take 6-8 weeks to materialize.
Bearish Risk for Aave
Downside protection centers around the $151.50 critical support level. A decisive break below this level would trigger the bearish scenario, targeting $147.13 initially and potentially $125.30—the 52-week low.
The most concerning development would be a breakdown below $147.13, which could accelerate selling toward the strong support zone at $79.51. However, this extreme bearish case appears unlikely given current institutional adoption and DeFi sector fundamentals.
Should You Buy AAVE Now? Entry Strategy
Current levels present a compelling risk-reward setup for those wondering buy or sell AAVE. The recommended entry strategy involves layered accumulation:
Position sizing should remain conservative given the volatile environment. Risk no more than 2-3% of portfolio value per position, with potential to average down if AAVE tests the $151 support level.
For shorter-term traders, the $168-170 level offers a natural profit-taking opportunity, representing 6-8% upside from current levels.
AAVE Price Prediction Conclusion
The AAVE price prediction for the next month suggests a recovery to the $180-190 range, representing 13-20% upside potential. This forecast carries medium confidence based on oversold technical conditions and historical support level performance.
Key indicators to watch for confirmation include RSI breaking above 40, MACD histogram reducing its negative divergence, and daily volume expanding above $30 million. For invalidation, monitor breaks below $151.50 with volume confirmation.
The Aave forecast timeline spans 4-6 weeks for initial targets, with potential extension to higher levels if broader market sentiment improves. Current technical positioning favors buyers willing to exercise patience through near-term volatility.
LDO price prediction shows potential recovery to $0.76 resistance level as oversold conditions and analyst consensus support near-term bullish reversal from current $0.62 levels.
Lido DAO (LDO) presents a compelling technical setup for a potential bullish reversal as the token trades near oversold territory at $0.62. With multiple analyst forecasts converging on upward price targets and key technical indicators showing potential bounce signals, this LDO price prediction examines the pathway to recovery and critical levels that could define the token’s near-term trajectory.
LDO Price Prediction Summary
• LDO short-term target (1 week): $0.68-$0.72 (+10-16%)
• Lido DAO medium-term forecast (1 month): $0.76-$0.84 range (+23-35%)
• Key level to break for bullish continuation: $0.75 (SMA 20 resistance)
• Critical support if bearish: $0.59 (immediate support) and $0.57 (psychological level)
Recent Lido DAO Price Predictions from Analysts
Recent analyst forecasts show a bullish consensus for LDO, with Changelly providing the most optimistic Lido DAO forecast. Their LDO price target of $0.748 for the short term and $0.839 for medium-term represents potential gains of 21% and 35% respectively from current levels.
CoinCodex aligns with this optimistic view, projecting a $0.7608 medium-term target, while CoinLore presents a more conservative stance with targets ranging from $0.6353 to $0.6697. The variance in predictions reflects the current uncertainty, but the overall bias leans bullish across major forecasting platforms.
The analyst consensus supports a recovery scenario, with most LDO price prediction models targeting the $0.76-$0.84 resistance zone. This convergence around similar price levels increases the probability of these targets being tested within the forecasted timeframes.
LDO Technical Analysis: Setting Up for Reversal
The current Lido DAO technical analysis reveals several factors supporting a potential bullish reversal. With an RSI of 33.19, LDO sits in neutral territory but closer to oversold conditions, suggesting selling pressure may be exhausting.
The Bollinger Bands position is particularly telling, with LDO’s %B at 0.0140, indicating the price is trading near the lower band at $0.61. This proximity to the lower Bollinger Band often signals potential bounce opportunities, especially when combined with oversold momentum indicators.
MACD analysis shows bearish momentum with a histogram reading of -0.0098, but the relatively shallow negative divergence suggests the downtrend may be losing steam. The Stochastic oscillator readings (%K: 8.24, %D: 6.63) indicate severely oversold conditions, historically associated with reversal opportunities in LDO’s price action.
Volume analysis from Binance shows $7.7 million in 24-hour trading, which while modest, provides sufficient liquidity for a technical bounce toward the identified resistance levels.
Lido DAO Price Targets: Bull and Bear Scenarios
Bullish Case for LDO
The primary bullish scenario targets an initial move to $0.68 (SMA 7), followed by a test of $0.75 (SMA 20). Success in breaking above the 20-period moving average would open the path to $0.84, aligning with Changelly’s medium-term LDO price prediction.
Key technical requirements for this bullish case include RSI recovery above 40, MACD histogram turning positive, and sustained trading above $0.65. The $0.76 level represents the next major LDO price target, coinciding with the EMA 26 and serving as the gateway to higher resistance levels.
If momentum builds beyond $0.84, the next logical target sits at $0.93 (immediate resistance), with the ultimate bull case reaching toward $1.29 (strong resistance).
Bearish Risk for Lido DAO
The bearish scenario activates if LDO breaks below the critical $0.59 support level. This would likely trigger stop-loss orders and accelerate selling toward $0.57 and potentially the strong support at $0.23.
Risk factors include broader crypto market weakness, continued MACD deterioration, and failure to hold above the lower Bollinger Band. A break below $0.61 (current pivot point) with increased volume would invalidate the bullish LDO price prediction and suggest further downside.
Should You Buy LDO Now? Entry Strategy
Based on the current Lido DAO technical analysis, a staged entry approach appears optimal. Initial positions could be considered at current levels around $0.62, with additional buying on any dip toward $0.59-$0.60.
For risk management, stop-loss orders should be placed below $0.57, representing approximately 8% downside from current levels. This provides reasonable protection while allowing room for normal volatility based on the daily ATR of $0.08.
Position sizing should reflect the medium confidence level in this LDO price prediction. Conservative allocation of 1-2% of portfolio value allows participation in potential upside while limiting downside exposure. The buy or sell LDO decision should incorporate individual risk tolerance and broader portfolio context.
LDO Price Prediction Conclusion
The technical setup suggests LDO has established a near-term floor around $0.61-$0.62, with oversold conditions supporting a recovery scenario. The primary LDO price prediction targets $0.76 within two weeks, representing 23% upside potential.
Confidence in this Lido DAO forecast is medium, supported by analyst consensus and oversold technical conditions. Key indicators to monitor include RSI recovery above 40, MACD histogram turning positive, and sustained trading above $0.65 for confirmation of the bullish scenario.
The prediction timeline spans 1-4 weeks for initial targets, with the $0.84 level potentially achievable within 30 days if technical momentum builds. Failure to hold $0.59 support would invalidate this bullish outlook and require reassessment of the LDO price prediction framework.
