Ethereum Rises 2.93% as Whales Accumulate $241 Million, Solana Drops 26% Amid Market Pressures

Daily Crypto News Summary (November 23, 2025)

Price Movement: Ethereum is currently trading around $2,807.92, reflecting a 2.93% increase over the last 24 hours.
Market Trends: Institutional interest remains strong, with significant whale activity noted as they accumulated $241 million worth of ETH recently, marking the largest accumulation since May.
Technological Developments: The upcoming Fusaka hard fork aims to enhance Layer-2 data capacity and reduce user costs, amidst ongoing volatility in the market.
Market Sentiment: Despite recent price fluctuations, analysts suggest that ETH is showing early signs of strength, with potential for a rebound as it approaches critical resistance levels.

Price Status: Solana's price has retraced to around $125, reflecting a 26% drop this month due to broader market pressures.
Institutional Inflows: Solana ETFs have experienced significant inflows, with reports indicating a daily influx of $60-70 million, contributing to a growing institutional interest.
Upgrades and Proposals: Recent proposals aim to adjust the disinflation rate of SOL emissions, which could impact future supply and demand dynamics.
Market Outlook: Analysts are optimistic about Solana's recovery potential, particularly with the Firedancer and Alpenglow upgrades set to enhance scalability and performance.

Current Price: Sui has seen a price drop of 4.70% to $1.63 in the last 24 hours, with a market cap of approximately 42.95 billion CNY.
Market Dynamics: Sui is navigating security challenges, including a recent scam involving a malicious Chrome extension that exploited users' wallet information.
Institutional Interest: There is growing attention towards Sui, with analysts noting its potential for recovery as it stabilizes after significant market fluctuations.
Future Predictions: Some forecasts suggest that Sui could see price levels ranging from $2.20 to $6.90 by the end of 2025, driven by ongoing institutional adoption and technological advancements.

This summary encapsulates the latest developments and market trends for Ethereum, Solana, and Sui as of November 23, 2025.

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