Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Ethereum Updates: The Divided Path of Crypto—Ethereum Faces Challenges as TON Innovates and $BZIL Gains Momentum

Ethereum Updates: The Divided Path of Crypto—Ethereum Faces Challenges as TON Innovates and $BZIL Gains Momentum

Bitget-RWA2025/11/01 04:16
By:Bitget-RWA

- November 2025 crypto market shows divergence: Ethereum and Toncoin struggle while BullZilla's $BZIL surges past $1M. - Franklin ETF (EZET) under pressure; ETHZilla sells $40M ETH for buybacks, signaling liquidity challenges. - Toncoin (TON) partners with Chainlink for cross-chain interoperability, targeting institutional DeFi growth. - $BZIL's speculative rise reflects social media-driven hype, mirroring 2021 meme coin trends with utility focus.

As November 2025 begins, the cryptocurrency sector displays a sharp split in performance.

and are encountering obstacles, while specialized tokens such as BullZilla's $BZIL have soared beyond a $1 million market cap. This changing environment is prompting institutional investors to adjust their approaches, and new developments in blockchain interoperability are transforming the DeFi space.

Ethereum Updates: The Divided Path of Crypto—Ethereum Faces Challenges as TON Innovates and $BZIL Gains Momentum image 0

Both the Franklin Ethereum ETF (EZET) and the 21Shares Ethereum Core Staking ETP (ETHC) have experienced varied outcomes. Franklin's ETF, which mirrors the CME CF Ether-Dollar Reference Rate, has come under downward pressure, currently trading at $29.63 and receiving a "Strong Sell" technical assessment, according to an

. At the same time, ETHZilla Corporation—a significant Ethereum holder—liquidated $40 million in to finance share buybacks, as reported on , indicating a shift in capital deployment strategies amid a bearish macro backdrop. These actions underscore the mounting friction between institutional Ethereum holdings and the need for on-chain liquidity.

On the other hand, Toncoin (TON) is gaining traction as a leader in cross-chain technology. Supporting Telegram’s vast user base of 900 million, the TON blockchain has adopted Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Data Streams, as detailed in a

. This partnership allows Toncoin to move securely across more than 60 networks and tap into live market data for DeFi solutions, according to a . By leveraging Chainlink’s infrastructure—already trusted by leading Layer-1 blockchains—TON is positioning itself as a scalable platform for institutional-level decentralized finance, as noted in a .

Bitcoin’s recent climb to $115,000, fueled by optimism over U.S.-China trade, highlights a broader risk-on attitude, but Ethereum’s ongoing difficulties point to deeper issues. The ETH sell-off by ETHZilla and the underperformance of Franklin’s ETF suggest waning confidence in Ethereum’s near-term prospects. In contrast, TON’s strategic collaborations—including its forthcoming Cocoon AI compute network—emphasize practical applications, drawing in developers and liquidity providers who are seeking dynamic, high-growth environments.

While Ethereum benefits from institutional support and TON advances technologically, attention has shifted to BullZilla’s $BZIL token. Despite limited information on $BZIL’s underlying value, its rapid ascent past a $1 million market cap—outpacing both ETH and TON—demonstrates speculative enthusiasm and a growing appetite for tokens with strong social media momentum. This pattern is reminiscent of the 2021

coin surge, though today’s investors are increasingly focused on utility and community-driven initiatives.

As November progresses, the crypto market remains divided: Ethereum’s institutional investors are contending with liquidity issues, while TON’s interoperability efforts and tokens like $BZIL are thriving on innovation and hype. Market participants are closely monitoring whether these trends will solidify into a new market structure or eventually revert through cyclical corrections.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Solana News Today: Crypto Investors Consider Presale Buzz Against Established Reliability Amid 2025's Unpredictable Market

- La Culex ($CULEX), an Ethereum-based meme coin, offers a presale with a 16.8% ROI and projected 300x returns via viral marketing and token burns, per Digital Journal. - Bitcoin Cash (BCH) trades at $553.42 with $11B market cap, showing consolidation near $549-$570 resistance levels and 6.23% daily trading volume share. - Solana (SOL) maintains $102.49B market cap at $186.40, leveraging 3,000 TPS hybrid PoH/PoS tech and institutional partnerships despite recent $188M whale outflows. - Market strategies ba

Bitget-RWA2025/11/02 09:02
Solana News Today: Crypto Investors Consider Presale Buzz Against Established Reliability Amid 2025's Unpredictable Market

Semantic Layer secures $5 million in Series A funding to address the lack of institutional oversight in blockchain management

- Semantic Layer raised $5M in Series A led by Greenfield Capital, following a $3M seed round from Figment Capital. - The firm develops blockchain infrastructure enabling institutions to control on-chain transaction sequencing via AI agents, addressing DeFi fairness and front-running risks. - Investors highlight growing institutional demand for blockchain solutions, with Semantic Layer targeting tokenization, global payments, and dApp integration. - Challenges include scaling institutional-grade compliance

Bitget-RWA2025/11/02 09:02
Semantic Layer secures $5 million in Series A funding to address the lack of institutional oversight in blockchain management

Ethereum Updates Today: Efforts to Scale Ethereum Ignite Security Discussions: Will Faster Performance Withstand Examination?

- Web3 shifts focus to tangible utility and institutional infrastructure, moving beyond speculative hype. - Institutional investors prioritize established altcoins like XRP and ADA for 2025 altcoin season due to regulatory clarity and ETF potential. - Ethereum's ZKsync Atlas upgrade enables 15,000 TPS and direct Layer-2 liquidity access, advancing RWA integration and global settlement capabilities. - Vitalik Buterin defends Ethereum's Layer-2 security against 51% attacks, while Solana's Anatoly Yakovenko h

Bitget-RWA2025/11/02 09:02
Ethereum Updates Today: Efforts to Scale Ethereum Ignite Security Discussions: Will Faster Performance Withstand Examination?

Meme Coins Fade in Popularity as Crypto Investors Focus on Real-World Use Cases

- Shiba Inu (SHIB) has plummeted 70% to $0.00001017 as its underperforming Shibarium network and weak developer activity erode investor confidence. - Remittix (RTX) gains traction with $27.7M presale, real-time cross-border payments, and partnerships, positioning itself as a utility-driven alternative to hype-based tokens. - Market trends show shifting priorities toward projects like RTX with tangible use cases, contrasting SHIB's lack of institutional adoption and bearish technical indicators. - RTX's def

Bitget-RWA2025/11/02 09:02
Meme Coins Fade in Popularity as Crypto Investors Focus on Real-World Use Cases