[//]:content-type-MARKDOWN-DONOT-DELETE ![](https://gimg2.staticimgs.com/image/ann_en_20251216_143352_d34b23178938358b51839a09903da894.webp) * Market Commentary: Despite a brief attempt at a rebound, the crypto market has failed to reclaim key resistance levels. Over the past 24 hours, Bitcoin continued to weaken and gradually retreated to its core supply–demand zone, while ETH fell below the important psychological threshold of USD 3,000. Altcoins saw broad-based declines, with XRP down 6.21% and SOL down 3.58%. The Altcoin Season Index stands at 21, indicating extremely cautious risk sentiment. * Trending Tokens: Technical breakouts drove ACE up 22% over the past 24 hours. FHE surged 98% in the last 24 hours, with its recent rally primarily fueled by Chainlink’s newly launched FHE privacy bridge. Somnia highlighted its EVM-compatible Layer 1 technological innovations in a recent exchange interview, pushing its token up 8% over the past 24 hours. * Alpha Insights: Visa announced the launch of a stablecoin advisory practice, offering strategic guidance and implementation solutions for stablecoins. Ripple revealed plans to expand RLUSD to Ethereum Layer 2 networks, further optimizing transaction speed and cost efficiency. Circle announced the acquisition of Axelar’s initial development team, Interop Labs, along with its intellectual property, accelerating its cross-chain interoperability strategy. Discover more details today → Ripple Expands RLUSD to Ethereum Layer 2 Networks | Visa Launches Stablecoin Advisory Services Gate Research is a comprehensive blockchain and cryptocurrency research platform that provides deep content for readers, including technical analysis, market insights, industry research, trend forecasting, and macroeconomic policy analysis. ### Disclaimer Investing in cryptocurrency markets involves high risk. Users are advised to conduct their own research and fully understand the nature of the assets and products before making any investment decisions. Gate is not responsible for any losses or damages arising from such decisions.
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Gate Research: Ripple Expands RLUSD to Ethereum Layer 2 Networks | Visa Launches Stablecoin Advisory Services

Gate Research: Ripple Expands RLUSD to Ethereum Layer 2 Networks | Visa Launches Stablecoin Advisory Services