Weekly Ecosystem Updates (November 24th - November 30th)

Monad warns of spoofed token transfers days after mainnet debut: Link

Monad’s mainnet launch drew spoofed ERC-20 “transfers” within 48 hours-fake logs meant to lure users into phishing, not actual fund movement. No losses reported. Surge from 76k airdrop claims and heavy day-one traffic made it a target. MON sits near $0.045 as activity stays strong.

MegaETH halts $1B fundraising plan due to technical failures: Link

MegaETH’s token sale expansion collapsed after misconfigured multisig settings, rate-limited KYC APIs, and a launch window that opened early. The $250M cap filled instantly, but repeated attempts to raise it failed as the contract kept reopening at random. No funds were at risk, but the user flow broke badly, forcing MegaETH to halt the planned $1B raise and prep a withdrawal page. Participants can request refunds and still keep their reward credit as the team readies a full postmortem.

Ethereum Fusaka Goes Live Today 03/DEC/2025: Can It Trigger a Pectra-Like Rally? Link

Ethereum activated its Fusaka upgrade on Dec. 3, bringing PeerDAS - a system that lets nodes store just one-eighth of blob data while enabling up to 8x more scalability for L2 rollups. The fork merges Osaka (execution) and Fulu (consensus), adds stricter gas limits, refined MODEXP pricing, and more accurate blob-fee mechanics. PeerDAS cuts node storage needs ~80% and drives cheaper, higher-capacity rollup throughput. Passkey support (secp256r1) lands to improve UX and institutional readiness. Analysts expect limited short-term price impact since Fusaka focuses on infrastructure, unlike Pectra’s more visible upgrades.

Opinion reached $5B in volume on BNB Chain: Link

$5B in volume in 5 weeks since Opinion goes live on BNB Chain

Tokenized stocks on BNB Chain landed on Binance Wallet : Link

Binance Wallet users on BNB Chain can now access Ondo’s 100+ liquid tokenized stocks and ETFs.

SEC filings show VanEck has filed for a spot $BNB ETF: Link

SEC filings confirm VanEck's VBNB spot BNB ETF, which will hold BNB directly and list on Nasdaq.

Superform, the user-owned neobank, is live on BNB Chain: Link

Superform simplifies DeFi: Save, swap, send, and earn the best cross-chain returns via BNB Smart Chain. Smart accounts offer gas abstraction and unified portfolio management while you maintain full control.

Humidifi announced its upcoming TGE: Link

HumidiFi confirms that $WET will be the first token launched through Jupiter Exchange’s new DTF platform on December 3rd.

MON launch on Solana: Link

$MON launch on Solana: $215M volume, 734k trades, 21K unique traders – outpacing many CEXes.

ORE mined $10M revenue in just 4 weeks: Link 

ORE mined $10M in revenue within just four weeks. This rapid revenue growth highlights the strong early adoption of ORE’s on-chain mining model.

Solana RWA holders ATH: Link

Solana RWA holders ATH: Surpassed 105K holders for a new all-time high.

Satsdaq by Xverse goes live : Link

Satsdaq combines discovery, analytics, and trading capabilities on one platform, directly integrated with the Xverse wallet for an added layer of security, along with ease of use. 

Flashnet resumes all activity: Link

After approx 1 month downtime

Joltz executed the first trustless bridge transaction between Spark and Base: Link

Building on work from Spark, Joltz completed the first trustless bridge between Spark and EVM (cbBTC / Base <--> BTC / Spark) 

Nic Carter released essay on the risk of Quantum Computing to break Bitcoin: Link

TLDR: There’s a credible risk of a breakthrough between 2028-2035.

Slash App named Base’s App of the Week: Link

Slashapp named Base’s App of the Week - blends USD accounts with crypto rails, virtual cards, stablecoin payments, and up to 2% cashback, built for modern internet entrepreneurs.

Thx App launches on Base: Link

Thx App launches on Base - powered by Rarible, to buy self-custodied BTC in ~20 seconds via Apple Pay, starting at $10, with auto-buy and spending features coming soon.

Xen shares Base “supercharge” vision at Devcon : Link

Xen shares Base “supercharge” vision at EFDevcon - highlighting breakthrough performance upgrades and ecosystem expansion.

Hyperliquid Unleashes 90% Fee Cuts with HIP-3 Growth Mode: Link

Hyperliquid introduces "Growth Mode" for HIP-3 market deployers, slashing fees by 90% to accelerate adoption of novel markets. This stacks with existing perks like stablecoin collateral benefits and staking discounts. TradeXYZ has already activated it, dropping taker fees to just 0.009% for their perpetual assets, fueling ecosystem expansion on this high-performance blockchain.

Phantom Wallet Now Supports HyperEVM Token Trading: Link

Phantom announces seamless support for HyperEVM tokens, enabling users to swap between HyperEVM assets, bridge from Solana, Ethereum, Base, and Sui to HyperEVM, and send/receive tokens effortlessly. 

Harmonix Public Sale Launch Announcement: Link

Harmonix Finance kicks off its public sale powered by Sonar from Echo, granting protocol ownership stakes in this innovative finance venue. Aimed at pioneers entering next-gen DeFi, the sale launches in 7 days with registration open now. Expect high demand for positions in this Hyperliquid-aligned project.

Native Markets Upgrades USDH to Aligned Quote Asset: Link

Native Markets elevates $USDH to Aligned Quote Asset status, unlocking perks for USDH-quoted trades: 20% lower taker fees, 50% higher maker rebates, and 20% boosted volume toward fee tiers. A retroactive Assistance Fund contribution ensures fair play from day one, enhancing liquidity and growth for Hyperliquid's native stablecoin ecosystem.

Monad Mainnet Goes Live: Link

The wait is over -Monad's high-performance Layer 1 mainnet is now operational, delivering parallel execution on the EVM with 10,000 TPS for faster, scalable blockchain apps. Dive in via the app at app.monad.xyz, join the ecosystem forum for governance, and check eligibility for $MON allocations to shape the future.