Raoul Pal stated at the Solana Breakpoint conference that a decline in the labor force participation rate will lead to an increase in debt-to-GDP ratio, and the global debt problem needs to be addressed through currency devaluation and liquidity injections. He estimates that approximately 8 trillion USD will need to be printed over the next 12 months, believing that the current cycle is 5.4 years and is expected to peak by the end of 2026.

December 11, according to SolanaFloor, Jupiter Exchange has acquired the lending market Rain.fi, aiming to accelerate the development of the on-chain credit market on Solana. Rain.fi took a Droplets snapshot on December 10, 2025, and the Droplets holdings after the snapshot will be converted to

On December 11, official news announced that the Talus Network (US) trading on CEX Alpha will open at 20:00 (UTC+8) on December 11, 2025. Users with at least 236 CEX Alpha points can claim an airdrop of 2,000 US tokens on a first-come, first-served basis. If the reward pool is not fully distributed, the points threshold will automatically decrease by 5 points every 5 minutes. Claiming the airdrop will cost 15 CEX Alpha points. Users must confirm the claim within 24 hours on the Alpha activity page, or it will be considered as forfeiting the airdrop.

12 月 11 日，据 Lookonchain 监测，交易员 0xa43d 因在顶部 FOMO 追涨做多 ETH，在 14 小时内亏损 324 万美元。据悉，该地址于 14 小时前在以太坊价格峰值时做多。随着 ETH 下跌，他在 3 小时前部分平仓，承受了 58.35 万美元的亏损。目前他仍持有 11,793 枚 ETH（价值 3760 万美元）的多头仓位，未实现亏损达 266 万美元。

On December 11th, according to Coinbob's popular address monitoring, the ETH price briefly dipped to $3,175 before rebounding. The "BTC OG Insider Whale" (0xb31) ETH long positions simultaneously fell below the $3,177 average entry price, with a current position size of approximately $383 million, a liquidation price of $2,235, and a peak unrealized profit of $25.3 million at 4 a.m. today. This address transferred a total of $70 million from a CEX wallet to Hyperliquid between the evening of December 7th and the morning of December 8th, then opened a 5x leveraged ETH long position at an average price of $3,048. Yesterday, an additional $50 million was transferred in. The "BTC OG Insider Whale" is an OG address that held over 50,000 BTC for 8 years in silence, later gradually transferring some assets.

【Spanish publicly listed company Vanadi Coffee increases holdings by 10 Bitcoins, with a total holding of 129 BTC】According to market sources: Spanish listed company Vanadi Coffee (VANA.MC) has increased its holdings by 10 Bitcoins, and the company currently holds a total of 129 BTC.

[21Shares: Bitcoin Will End Traditional Four-Year Cycle, Market Trading Volume Expected to Exceed $100 Billion Annually] 21Shares releases the 2026 Cryptocurrency Market Status Report, presenting several key predictions. The core forecasts include:
Bitcoin will end the traditional four-year cycle and shift towards a mature macro asset driven by structural capital inflows, macro adjustments, and regulatory clarity;
The global cryptocurrency ETP asset management scale will grow from over $250 billion to $400 billion, outperforming the Nasdaq 100 ETF;
Stablecoin supply will increase from $300 billion in 2025 by 3.3 times to $1 trillion;
The predicted market annual trading volume will exceed $100 billion;
Total locked value of tokenized real-world assets (RWA) will grow from $35 billion to

On December 11th, according to GMGN monitoring, due to market correction, the overall on-chain ecosystem of Solana showed a downward trend. Meme coins that experienced significant gains yesterday, such as 67 and SPARK, have all declined to varying degrees today, while PIPPIN's price remained stable. However, some Meme coins maintained yesterday's upward momentum. The specific information is as follows: JELLYJELLY: up 37% in 24 hours, with a market cap of approximately $58.7 million, currently priced at about $0.058; FKH: up 31% in 24 hours, with a market cap of approximately $8.04 million, currently priced at about $0.008; PIPPIN: up 4.9% in 24 hours, with a market cap of approximately $344 million, currently priced at about $0.344; 67: down 28% in 24 hours, with a market cap of approximately $16.35 million, currently priced at about $0.0

12 月 11 日，中信证券表示，预计美联储将在 1 月暂停降息，剩余两次鲍威尔作为主席的议息会议共计还有 25 个基点降息。(金十)

The United States has approximately $9 trillion in debt maturing in 2026, mainly from Treasury bond issuances during the pandemic. After maturity, the interest rate will rise from 0.8% to 4.0%, significantly increasing interest costs, and it is expected that Treasury bond interest payments will exceed $1 trillion for the first time. The U.S. Treasury needs to issue nearly $11 trillion in Treasury bonds to maintain operations.

As of December 11, the funding rates of mainstream CEX and DEX indicate that the market is generally bearish. This rate mechanism is used to adjust the balance between the contract price and the underlying asset price. When the rate is below 0.005%, it signals market pessimism.

In a vault in Singapore, a skeleton of a 69 million-year-old Triceratops is stored, with only 24 remaining. Investors include executives from the crypto market. This $5 million transaction demonstrates the increasing interest of crypto elites in physical assets like antiques, replacing their enthusiasm for digital art.