Gate Research: Crypto Market Comes Under Renewed Pressure | OpenEden Introduces Yield-Bearing Assets to Solana

On December 24, the crypto market remained in a weak consolidation phase, with risk appetite staying subdued. BTC traded within the $87,500–88,000 range, where downside momentum showed marginal easing but overhead resistance remained intact; ETH stabilized near $2,900 and rebounded into the $2,950–2,970 range, indicating a recovery-driven move rather than a trend reversal. In terms of market highlights, CXT surged sharply amid infrastructure-related developments and low circulating supply dynamics, ICNT advanced on the back of enterprise adoption progress and renewed cloud infrastructure narratives, while PIPPIN’s gains were largely driven by technical breakouts and short-term speculative flows.