The Binance Research Monthly Market Insights Has Been so Far Great!
With all the noise in October, the crypto market stayed strong and confident.
- October saw a 6.1% drop, the first red month since 2018, caused by a big $19 billion liquidation and the short U.S. government shutdown.
- The Federal Reserve cut rates by 25 basis points, signaling caution but also relief for markets. Despite the shakeout, leverage bounced back by over 10% by the end of the month — showing traders didn’t lose faith.
- Bitcoin’s dominance rose to 59.4%, Ethereum held steady with growing institutional interest, and BNB gained 6.2% thanks to ecosystem growth around projects like Polymarket, Myriad, and Ondo Finance.
But the most exciting part of this month’s report is full innovation.
The x402 payment protocol took off, with 720,000+ daily transactions and over 3.7 million a week. It uses the old HTTP 402 code to let users and AI agents make instant crypto payments — no cards, no banks, just direct transfers. It started with memecoin-led “HTTP mints,” but the growth became real as Google, Cloudflare, and Circle jumped in with integrations. Now, it’s moving beyond speculation into infrastructure connecting AI, payments, and data in a new way.
Privacy coins also had a strong month!
Zcash’s daily transactions jumped 160%, making it the top privacy chain and pushing it past Monero in market cap. Across the top three privacy blockchains, activity rose 30%+. Ethereum is also adding new zero-knowledge tools for confidential transactions, showing that privacy is becoming a mainstream demand, not a niche one.
The report also highlighted an AI crypto trading competition that gave everyone a reality check.
- Six AI models traded real markets — and the ones that managed risk, not the ones that predicted best, came out ahead.
- Overtrading and misuse of leverage led to most of the losses, proving once again that in crypto, discipline matters more than precision.
Even after heavy volatility, the mood is far from bearish. The market absorbed the shock, innovation kept expanding, and new narratives emerged — from AI trading to automated payments.
Read the full Binance Research Monthly Market Insights – November 2025 for all data, insights, and trends
binance.com/en/research/anal…
Because understanding the market is how smart traders stay ahead.