Bitget App
Trade smarter
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.

You may also like

Ethereum Updates Today: Major Institutions Support Meme Tokens Amid Crypto’s Security-Focused Revival

- Institutional investors increasingly target meme coins and presales like BlockchainFX, MoonBull, and Shiba Inu amid crypto market shifts. - Shiba Inu's Shibarium network undergoes security upgrades after a $2.8M breach, aiming to decentralize infrastructure and restore investor trust. - Ethereum shows bullish technical patterns with $668M ETF inflows, while ZKsync Atlas upgrades promise enhanced scalability and institutional appeal. - T. Rowe Price's Shiba Inu ETF proposal highlights growing institutiona

Bitget-RWA2025/11/02 22:38
Ethereum Updates Today: Major Institutions Support Meme Tokens Amid Crypto’s Security-Focused Revival

Analysts Tip BullZilla as the Next Crypto To Hit $1, While MoonBull Powers Up And La Culex Tightens Its Grip

Discover why BullZilla leads presale gains while MoonBull and La Culex build staking and security strength. Explore the next crypto to hit $1 with high ROI.MoonBull Powers Up With Huge 95% APY And Rising Presale SupportBullZilla ($BZIL) The Next Crypto To Hit $1 With Powerful Presale MomentumLa Culex Strikes With Security, Fair Allocation, And 80% APYConclusion

Coinomedia2025/11/02 22:24
Analysts Tip BullZilla as the Next Crypto To Hit $1, While MoonBull Powers Up And La Culex Tightens Its Grip

Romania Bans Polymarket Over $600M Election Bets

Romania bans Polymarket after $600 million in crypto election-related bets raise regulatory concerns.Crypto Betting Faces a Crackdown in RomaniaWhat is Polymarket and Why Was It Targeted?The Bigger Picture for Crypto Betting Platforms

Coinomedia2025/11/02 22:24
Romania Bans Polymarket Over $600M Election Bets