Weekly Preview | Grayscale Dogecoin ETF and XRP ETF Launch; Singapore Exchange Derivatives Unit Launches Bitcoin and Ethereum Perpetual Contracts

Key News Preview:

• Monad mainnet and MON token to launch on November 24;
• Grayscale Dogecoin Trust ETF (GDOG) and Grayscale XRP Trust ETF (GXRP) to be listed on NYSE Arca;
• Singapore Exchange (SGX) derivatives arm to launch Bitcoin and Ethereum perpetual contracts on November 24;
• MegaETH to launch pre-deposit cross-chain bridge on November 25;
• Sentient airdrop registration now open, eligibility confirmation deadline is midnight on November 30

November 24

Policy & Regulation:

Grayscale Dogecoin ETF and XRP ETF to be listed on NYSE on November 24

Grayscale Dogecoin Trust ETF (GDOG) and Grayscale XRP Trust ETF (GXRP) will be listed on the NYSE Arca market on Monday, providing US investors with the first regulated public market access to invest conveniently in DOGE and XRP.

Exchanges:

Binance Alpha to launch Sparkle (SSS) on November 24

Binance Alpha will list Sparkle (SSS) on November 24. Eligible users can claim airdrops using Binance Alpha Points on the Alpha event page after trading opens. Further details will be announced later.

SGX derivatives arm to launch crypto perpetual futures contracts on November 24

Singapore Exchange’s (SGX) derivatives arm will soon allow institutions to trade cryptocurrency perpetual futures contracts. SGX’s derivatives arm announced on Monday that it will launch Bitcoin and Ethereum perpetual contracts on November 24, promising to combine the structure and credibility of the global derivatives market with the flexibility of popular crypto trading tools. SGX’s perpetual futures are benchmarked to the iEdge CoinDesk cryptocurrency indices to ensure alignment with widely used institutional price discovery benchmarks.

Project Updates:

Monad mainnet and MON token to launch on November 24, Anchorage Digital as custodian

Monad announced it will launch its Layer 1 blockchain and native MON token at 9:00 AM ET on November 24, with Anchorage Digital as the preferred custodian. Institutional users can securely hold and stake MON via Anchorage’s custody platform or self-custody wallet Porto. MON will be the first project to launch on Coinbase’s new public offering platform, with an initial circulating supply lock-up ratio of 50.6%.

November 25

Policy & Regulation:

EU to ban trading of RUB-pegged stablecoin A7A5 starting November 25

The EU has imposed sanctions on the RUB-pegged stablecoin A7A5. According to the 19th round of Russia sanctions announced on Thursday, trading with A7A5 will be prohibited from November 25. The A7A5 RUB stablecoin is issued by A7 Company, backed by the Russian Foreign Trade Bank (PSB), and was launched in Kyrgyzstan in February 2025. It is backed 1:1 by deposits at the Russian Foreign Trade Bank and pegged to the Russian ruble. In August, the US also sanctioned A7 Company and several related firms.

Exchanges:

Binance Alpha to launch Irys (IRYS) on November 25

Binance Alpha will launch Irys (IRYS) on November 25. Eligible users can claim airdrops using Binance Alpha Points on the Alpha event page after trading opens. Further details will be announced later.

Project Updates:

Starknet v0.14.1 scheduled for mainnet launch on November 25

Starkware announced on X that it is preparing to release Starknet v0.14.1, which will support faster block finalization during periods of low activity and deploy the BLAKE hash function (SNIP-34). It is expected to launch on testnet on November 11 and on mainnet on November 25.

MegaETH to launch pre-deposit cross-chain bridge on November 25, total cap at $250 million

MegaETH will launch a pre-deposit cross-chain bridge on November 25. Users who have completed MEGA token public sale registration on the Sonar platform and are not residents of restricted countries are eligible to participate in USDm pre-deposits. Each user can only participate with a single wallet, which must have passed verification for the MEGA token public sale on Sonar. Pre-depositors will receive event-related benefits. There is no individual deposit cap, first come first served, but the total program cap is $250 million. After deposit, users will receive USDm at a 1:1 ratio, unrestricted and unconditional, to the same wallet on MegaETH mainnet launch day. Eligible deposit asset is USDC on Ethereum mainnet. Users may not withdraw deposits before USDm distribution and must wait for distribution on MegaETH mainnet.

Token Unlocks:

Plasma (XPL) will unlock approximately 88.89 million tokens (0.89% of total supply), worth about $18.1 million, at 9:00 PM (Beijing time) on November 25

WalletConnect Token (WCT) will unlock approximately 10.06 million tokens (10.07% of total supply), worth about $11.6 million, at 8:00 AM (Beijing time) on November 25

November 26

Exchanges:

Binance to support Ethereum network (ETH) upgrade and hard fork on November 26, deposit and withdrawal to be suspended

Binance will support the Ethereum (ETH) network upgrade and hard fork. To prepare for the upgrade and hard fork, Binance will maintain the ETH wallet at 14:00 on November 26, 2025 (UTC+8). To support the maintenance, Binance will suspend ETH deposits and withdrawals at 13:55 on November 26, 2025 (UTC+8). Maintenance is expected to last 1 hour, after which services will resume automatically.

Additionally, the Ethereum (ETH) network upgrade will occur at 05:50 on December 4, 2025 (UTC+8). Binance expects to suspend ETH token deposits and withdrawals at 05:45 on December 4, 2025 (UTC+8).

Binance to launch ACM/TRY, DODO/TRY, and other spot trading pairs on November 26

Binance will launch ACM/TRY, DODO/TRY, HEI/TRY, and XTZ/TRY spot trading pairs at 20:00 on November 26, 2025 (UTC+8) and will provide trading bot services for these pairs.

Naver board to confirm acquisition plan of Upbit parent Dunamu on November 26

South Korea’s largest portal site Naver is expected to confirm the acquisition plan for Dunamu, operator of Korea’s largest crypto exchange Upbit, at a board meeting next week. Sources say Dunamu plans to hold a board meeting on November 26 to confirm the deal details. Naver aims to carry out a full share swap through its fintech subsidiary, Naver Financial, making Dunamu a wholly-owned subsidiary to expand its digital finance business footprint.

Project Updates:

CoinList to launch Reya public sale at midnight on November 26

According to CoinList, Reya token sale will begin at 1:00 AM (Beijing time) on November 26 (November 25, 17:00 UTC) on CoinList. Reya is among the top six perpetual DEXs, with daily volumes of $1–1.5 billion, and is backed by Framework Ventures, Coinbase Ventures, and Selini Capital. The sale is valued at $150 million, with 50% TGE unlock, and uses a “bottom-up allocation” model favoring smaller investors. Residents in the US, Canada, and certain regions are not eligible.

November 27

Exchanges:

Bitcoin Capital’s BONK ETP to be listed on SIX Swiss Exchange on November 27

Bitcoin Capital announced its regulated BONK ETP will be listed on the SIX Swiss Exchange on November 27, 2025, providing European investors with direct exposure to Solana ecosystem meme coin BONK.

Coinbase to suspend trading for Clover Finance (CLV) and 4 other tokens on November 27

Coinbase will suspend trading for Clover Finance (CLV), EOS (EOS), League of Kingdoms Arena (LOKA), Muse Dao (MUSE), and Wrapped Centrifuge (WCFG) at 3:00 AM (Beijing time) on November 27.

Token Unlocks:

Sahara AI (SAHARA) will unlock approximately 133 million tokens (1.33% of total supply), worth about $10.4 million, at 8:00 AM (Beijing time) on November 27

November 28

Token Unlocks:

Jupiter (JUP) will unlock approximately 53.47 million tokens (0.76% of total supply), worth about $12.5 million, at 12:00 PM (Beijing time) on November 28

November 29

None

November 30

Project Updates:

Sentient airdrop registration now open, eligibility confirmation deadline is midnight on November 30

According to Sentient’s official announcement, $SENT airdrop registration is now open. Users must complete all account linking and uniqueness verification before 2:00 AM (Beijing time) on November 30. The airdrop targets four groups: community contributors, Sentient Chat active users, social platform Top Voices, and external open-source researchers. The airdrop does not display specific amounts, only eligibility confirmation. Registration requires a one-time selfie verification via “Billions” to prevent Sybil attacks. Once submitted, no further accounts can be added.

Crypto payment card provider Dupay announces shutdown on November 30

Crypto payment card provider Dupay has announced it will cease operations on November 30, 2025, due to unsolvable compliance issues and obstacles in fund flows, and will shut down its servers. The announcement states a previously frozen large sum remains unreleased, which Dupay has covered. Users who have not completed withdrawals should do so before server shutdown; overdue requests can still be handled manually via email.

Centrifuge completes WCFG to CFG migration, users must swap by November 30

According to a Coinbase announcement, Centrifuge has migrated its ERC-20 token WCFG to the new CFG token. Coinbase will not perform the migration automatically; users must complete the swap manually via Centrifuge’s official migration portal, supporting self-custody wallets like Coinbase Wallet, by November 30, 2025.