1. Total Market Cap of DeFi Tokens: $117.269 Billion
DeFi Total Market Cap Data Source: coingecko
2. Trading volume of decentralized exchanges in the past 24 hours: $70.12
Trading volume of decentralized exchanges in the past 24 hours. Data source: coingecko
3. Assets locked in DeFi: $123.292 billionbillion
Top 10 DeFi Projects by Locked Assets and Total Value Locked (Data Source: defillama)
1. Total Market Value of NFTs: $12.748 billion
NFT Total Market Capitalization, Top Ten Projects by Market Capitalization Data Source: Coinmarketcap
2.24-hour NFT Transaction Volume: $1.626 billionUSD
Top 10 NFTs by Sales Growth in the Last 24 Hours. Data Source: NFTGO
US Senate May Advance Crypto Bill in December
According to Jinse Finance, citing Cointelegraph, US Senate Banking Committee Chairman Tim Scott stated that he plans to mark the Crypto Market Structure Act in December, with the goal of sending it to President Trump for signature in early 2026, aiming to make the US the "Cryptocurrency Capital of the World."
1. OpenSea: Wave 2 Phase Rewards Distributed, Wave 3 Phase Launched
According to Jinse Finance, OpenSea announced on its X platform that Wave 2 phase rewards have been distributed. Some participants can receive NFT and token rewards, and active users will receive rewards for upgrading their treasure chest level. Wave 3 phase is now live.
1. Movement Foundation: To Transfer Some Tokens from Ethereum Mainnet MOVE Strategic Reserves to Native Chain
According to Jinse Finance, the Movement Foundation announced on the X platform that, four months after fulfilling its buyback commitment, to improve the transparency of tokens in the buyback wallet, it plans to transfer some tokens from the Ethereum mainnet MOVE strategic reserves to the strategic reserves on the native Movement Network to support ecosystem projects and incentives. Movement stated that it will continue to regularly send ERC-20 tokens to exchanges to supplement and rebalance the token supply, thereby re-enabling the withdrawal function.
2. Circle Launches Interoperability Technology Layer xReserve
According to Jinse Finance, citing Bitcoin.com News, Circle has launched xReserve, a new interoperability layer that enables blockchains to issue stablecoins backed by USDC reserves and circulate 1:1 with native USDC—without the need for third-party cross-chain bridges. This solution unifies liquidity, reduces trust assumptions, and simplifies the user experience. Integration with Canton and Stacks is coming soon.
3. Vitalik Calls for Ethereum Base Layer "Ossification," Innovation Should Shift to L2 Ecosystem
According to Jinse Finance, citing DLNews, Vitalik Buterin stated at the Devconnect conference in Buenos Aires that the Ethereum base layer should be gradually "ossified," locking in core functionalities to prevent the introduction of vulnerabilities.
“More rigidity is beneficial for Ethereum over time, and we now have significantly fewer unexpected situations,” Vitalik told an audience of over 500. This marks a shift in Ethereum's focus from flexibility to stability, where “boredom” may be an advantage rather than a disadvantage for a network worth hundreds of billions of dollars. Vitalik emphasized that rigidity is not a complete freeze: the consensus layer can be locked while the EVM remains flexible, or vice versa. The key is to shift innovation from the base layer to the peripheral ecosystem, such as Layer 2, wallets, and privacy tools. “Shifting attention from L1 to the surrounding ecosystem is healthy.” He acknowledged that the early “exploratory spirit” has faded with the proliferation of memes and institutional entry, criticizing the “fast follower” mentality for stifling imagination.
4. Bitmine to Release Q4 and Full-Year Fiscal Results for 2025 on November 21
Jinse Finance reports that Bitmine (NYSE:BMNR), the largest holder of Ethereum, announced that it will release its fourth fiscal quarter and full-year financial results ending August 31, 2025, before the US market opens on Friday, November 21, 2025.
5. Ethereum Team Proposes EIL Solution, Aiming to Make All L2 as Seamless as "The Same Chain"
Jinse Finance reports that the Ethereum Account Abstraction team has released a proposal for the "Ethereum Interoperability Layer" (EIL), aiming to make all L2 as seamless as the same chain.
EIL, based on ERC-4337, allows users to complete cross-chain operations with a single signature within their wallet, eliminating the need for cross-chain bridges or relays. It maintains self-custody and censorship resistance, enabling a unified experience across the Ethereum multi-chain ecosystem. Disclaimer: Jinse Finance, as a blockchain information platform, publishes articles for informational purposes only and does not constitute actual investment advice. Please establish sound investment principles and be sure to enhance your risk awareness.
Alibaba’s Quark jumped to the top of China’s AI app rankings in March, surpassing rivals like Doubao and DeepSeek. As tech firms rapidly upgrade their AI tools, the real question is: can Quark stay ahead, or will it be the next to fall behind?
CatherineMantra’s OM token plunged 90% on Sunday, wiping out $5.2 billion in market value and sparking insider trading speculation. The co-founder denied team involvement, blaming forced liquidations on centralized exchanges. To address concerns, Mantra will host a community session on X.
KikyoIn 2024, over 10,000 people sought help for digital sex crimes in South Korea, with deepfake cases jumping 227% from the previous year. Most victims were under 30, and more than 300,000 pieces of illegal content were removed.
AnaisOpenAI's user base has skyrocketed to 800 million, driven by viral features like Ghibli-style image generation, with one million new users joining in just one hour. The company is now valued at $300 billion and is exploring ways to compensate artists for AI-generated content.
WeatherlyNetflix has begun testing the tool with select users in Australia and New Zealand, currently limited to iOS devices. The company says it plans to roll out the feature to additional markets soon, including the US.
CatherineNine Chinese nationals were sentenced for running a fake cryptocurrency scam that tricked over 66,000 people in India out of $6 million. They used fake platforms, social media personas, and money laundering through USDT to hide their crimes.
AnaisKorean Music Copyright Association now requires songwriters to declare that no AI was used when creating songs. If any AI is involved, the song won’t be accepted, and false claims can lead to lost royalties or removal.
WeatherlySome in China’s online community claim Binance founder CZ never served jail time and is tied to the US Fed. He has firmly denied the “absurd” rumours, calling them part of a broader smear campaign. What viral conspiracy will surface next?
CatherineMantra CEO John Mullin has denied insider dumping after OM’s collapse and outlined recovery plans, including possible buybacks.
KikyoSouth Korea has blocked 14 crypto apps on the Apple Store, including KuCoin and MEXC, for operating without local registration. The government says unregistered foreign exchanges face criminal penalties and will continue blocking apps and websites to protect users.
Joy