Binance just dropped their latest research report. Here are my 3 key takeaways from it: 1. The market stayed firm through the shakeout. October saw a 6.1% drop and 19B in liquidations – first red October since 2018. Yet leverage bounced back 10% by month-end. Sentiment held. Builders kept building. 2. x402 surpassed 720K daily transactions Growth was initially driven by memecoins, but now expanding into AI-driven payments 3. Privacy coins saw an insane uptick Top privacy chains saw over 30% activity growth. Zcash led with a 160% jump in daily transactions, hitting a new ATH in market cap. Read the complete report and explore in-depth market reports here: ⤵️ https://www.binance.com/en/research/analysis/monthly-market-insights-2025-11(Lark Davis)