November 26th Market Key Insights, How Much Did You Miss?

By: blockbeats|2025/11/26 11:00:02
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Featured News

1. Due to the U.S. Thanksgiving holiday, U.S. Initial Jobless Claims data will be released early tonight at 9:30 PM

2. XION sees a short-term surge, breaking $0.99, with a 24-hour increase of over 170%

3. Binance Alpha's second round of SOON airdrop is coming, with a minimum of 241 points to claim

4. After reaching a new high, Monad on-chain meme coin price has slightly retraced, with NADS reaching a market cap peak of $3 million

5. Benefiting from the listing of South Korean won trading pairs on Upbit, PLUME surged over 54% in a short period

Trending Topics

Source: Overheard on CT (tg: @overheardonct), Kaito

Here is the translation of the original content:

[KALSHI]
The discussions today around KALSHI highlighted its growing importance in the prediction market space. Key topics included: collaboration with NEAR Protocol for native deposits and withdrawals; significant market trading volume compared to competitors; facing legal challenges in sports event contracts in Nevada; speculation about potential incentive measures similar to those offered by Polymarket; additionally, the platform garnered attention for its strategic partnerships and market innovation.

[POLYMARKET]
Polymarket received wide attention today for its recent CFTC approval to operate fully as an exchange in the U.S., marking a significant milestone for the platform. This approval allows Polymarket to facilitate trades through brokers, expected to bring in substantial liquidity and user engagement. Furthermore, discussions emphasized: rapid growth in platform website traffic; its potential to surpass major competitors like Coinbase in the near future; the platform's expansion into the U.S. market seen as a crucial moment for the prediction markets, positioning Polymarket as a leader in the field.

[MEGAETH]
Today, the discussion around MEGAETH mainly focused on its pre-deposit activity, which encountered significant technical issues, including website crashes and poorly managed cap increases. The originally set $250 million cap was filled within minutes of the delayed launch, attributed to the website crash. Subsequent attempts to raise the cap to $1 billion were mishandled, resulting in community confusion and criticism. Despite these issues, MEGAETH's innovative approach to funding operations through USDm-backed treasury reserves instead of using a sequencer auction was highlighted as a disruptive move in L2 economics. Community reactions varied: some were frustrated by the technical mishaps, while others remained optimistic about MEGAETH's potential.

[NESA]
NESA garnered attention for its innovative AI approach, which shards data and models to ensure privacy and security, providing cryptographic proofs for outputs. This approach eliminates the need for blind trust in companies, aligning with the "don't trust, verify" philosophy.

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On-chain Data

On-chain Fund Flow for the Week of November 26

November 26th Market Key Insights, How Much Did You Miss?

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