Crypto News Today: XRP Whale Exit, Solana Withstands Major DDoS, Bitcoin ETFs See Heavy Outflows - Coinedict

The crypto market faced mixed signals today as regulatory progress and infrastructure resilience contrasted with rising risk aversion among investors. Developments across Japan, the UAE, and major digital assets highlight a market balancing long-term adoption with short-term caution.

Japan and UAE Push Ahead With Regulated Stablecoins
Japan’s SBI Holdings has partnered with Startale Group to launch a fully regulated yen-backed stablecoin by early 2026. Designed for global settlement and institutional use, the token will operate under Japan’s Type 3 Electronic Payment Instrument framework, allowing higher transaction limits than existing domestic rules.
Meanwhile, Mastercard expanded its stablecoin payment infrastructure in the UAE through a collaboration with the ADI Foundation, strengthening the region’s ambitions to become a global blockchain hub and extending stablecoin settlement across local and cross-border payments.

XRP Whales Exit as Selling Pressure Builds
On-chain data shows notable distribution in XRP. Wallets holding between 1 million and 100 million XRP sold around 1.18 billion tokens over the past four weeks, reducing a key source of liquidity. The selling coincided with XRP’s failure to reclaim resistance near $2.10–$2.20, pushing prices back toward the $1.88–$1.90 range and increasing downside risk unless fresh demand emerges.

Solana Survives One of Its Largest DDoS Attacks
Solana successfully withstood a major distributed denial-of-service (DDoS) attack, continuing to process transactions without a network halt. The incident underscored Solana’s technical resilience, though critics say it also reignites debate around decentralization and validator concentration.

Bitcoin ETFs See Sharp Outflows
Risk-off sentiment was reinforced by heavy outflows from U.S. Bitcoin spot ETFs, which recorded roughly $357 million in net redemptions. The withdrawals suggest short-term caution among institutional investors, even as long-term adoption trends remain intact.

Overall, today’s market action reflects a crypto sector advancing on regulation and infrastructure while navigating near-term volatility driven by macro uncertainty and shifting investor positioning.