Investors May See $450 Before Christmas After XMR Price Rises 5% Overnight

Privacy tokens appear to be recovering following a big retreat, with XMR up 3.6% in 24 hours. One trader expects Monero to rise after breaking a long-term resistance.

Trading volumes exceeded $170 million, up 6%. As XMR reaches this level, buying pressure is high.

Since January, XMR and other privacy tokens have been popular. This trend has boosted this cryptocurrency 122% in 2025.

HashKey Shares Fall 3% in disappointing Hong Kong Debut Despite $200M Raise

In its Hong Kong trading debut on Wednesday, HashKey Holdings' shares fell 3% to HK$6.51 after pricing near the top of its marketing range at HK$6.68, according to CNBC.

The city's first digital asset company public listing, the crypto exchange, raised $206 million after bitcoin fell 36% from its October all-time high above $126,000.

Despite strong investor demand—institutional investors subscribed 5.5 times the stock and regular investors 394 times—the performance was disappointing.

JPMorgan and Guotai Haitong were joint bookrunners, and Fidelity, UBS, CDH Investments, and Cithara Fund were cornerstone investors.

Solana price compresses into triangle apex, breakout danger rises

As price action tightens into an apex structure, solana pricing is approaching a critical inflection point. The market is indicating compression rather than direction after many months of consolidation around $122 high-time-frame support.

Ethereum price makes ABCD correction, targeting $2,500

Ethereum price has formed a well-defined ABCD correction pattern. After rejecting primary resistance, ETH is falling approaching volume-based support.

This means the market is still correcting rather than bullish. The pattern points toward $2,500, so traders are looking to see if it will stabilize pricing and lay the stage for a higher rotation.