Ethereum News Today: Investors Bet on MUTM's Security, BONK's ETP, and ETH's Upgrade for 2026 Shift

Investors are increasingly shifting capital away from large-cap cryptocurrencies, with Mutuum Finance (MUTM), Bonk (BONK), and Ethereum (ETH) emerging as key contenders for 2026. MUTM, a decentralized finance (DeFi) lending protocol, is nearing 95% allocation in its presale after raising over $19 million, while BONK expands into traditional markets via an exchange-traded product (ETP) in Europe. Ethereum, meanwhile, faces critical resistance levels as it prepares for a major upgrade.

Mutuum Finance, a DeFi project building a transparent on-chain lending system, has surged in popularity due to its structured token distribution and security milestones. With 45.5% of its 4 billion total supply allocated to the presale, MUTM's current price of $0.035 in Phase 6 reflects a 600% increase from its initial offering. The project's $19 million in funding and 18,500+ holders underscore its momentum, while Halborn Security's audit of its smart contracts adds institutional credibility. A planned Q4 2025 testnet launch, featuring liquidity pools and a debt-token system, positions MUTM as a potential top crypto in 2026.

Bonk, a Solana-based memecoin, is breaking into mainstream finance through a partnership with Bitcoin Capital. The first BONK ETP on the SIX Swiss Exchange allows traditional investors to gain exposure to the token without crypto wallets, backed by physical BONK reserves. This move follows growing demand for altcoin products, including U.S. ETF filings for XRP and Dogecoin. BONK's price recently reclaimed support near $0.0000097, with a potential breakout above the 20-day EMA suggesting a path to $0.0000158. The ETP's launch marks a strategic step for BONK to expand beyond crypto-native platforms.

Ethereum faces pivotal technical hurdles as it approaches a $3,100 resistance level. The upcoming Fusaka upgrade, set for December 3, includes PeerDAS, a feature designed to enhance data availability and scalability. ETH's price action reflects mixed signals: the 20-day EMA acts as a resistance barrier, while the Relative Strength Index (RSI) nears oversold territory. A breakout above $3,100 could target $3,470, but downside risks remain if the token fails to hold above $2,850. The upgrade's success will be critical for Ethereum's long-term dominance in the smart contract space.

The rotation from large-cap assets to these projects highlights evolving investor priorities. MUTM's institutional-grade security and clear roadmap, BONK's bridge to traditional markets, and Ethereum's technical upgrades collectively signal a shift toward innovation and scalability in the crypto landscape.