There has been a major uplift in the Web3 metaverse space, with several tokens recording significant highs in November. 

Here are some of the most notable developments in the metaverse crypto scene: Decentraland launched its official desktop app, The Sandbox hosted its biggest reward season, and Floki further delayed its highly anticipated metaverse game. 

Decentraland Launches Desktop Application

The metaverse platform Decentraland launched its official desktop app in October – Decentraland 2.0. Previously, the platform was only accessible through a web browser. 

The desktop application was launched for both Windows and macOS, making the virtual world more accessible to users. 

Following this launch, Decentraland hosted its annual music event on the new and improved virtual space. Several notable musicians performed at the event, including popular EDM artist ‘Whipped Cream’. 

These developments saw increasing engagement in the metaverse platform, which was reflected in MANA’s market performance. The token surged by nearly 100% in November, reaching its highest price in over six months. 

The Sandbox (SAND) Surges Nearly 150% in a Month

Metaverse activity strongly picked up in November, as The Sandbox’s SAND token surged over 140% this month. SAND is currently the third largest metaverse token according to CoinGecko. 

This recent surge is likely being driven by the platform’s Alpha Season 4. The Sandbox announced its biggest reward pool ever this season, with a $2.5 million SAND reward available for participants. 

Users would receive these rewards through various quests and challenges on the metaverse. Several major brands and games contributed to creating these challenges. These included brands such as Playboy, Deep Sea, Voice, and Hellboy among others. 

These initiatives influenced increased engagement on The Sandbox, driving SAND’s trading volume to $1.91 billion.  

Meme coin project Floki has delayed the mainnet launch of its play-to-earn game, Valhalla, to early 2025. The game was originally set for release this November.

According to the latest announcement, the multiplayer metaverse project will now launch in Q1 2025. Floki has developed the game over three years to improve meme coin’s utility. The delay gives the team more time to collaborate with auditing partners.

“To ensure absolute safety of assets and users within the Valhalla ecosystem, we commissioned two of the most respected auditors in this space—Hacken and OpenZeppelin—to review the Valhalla contracts prior to mainnet launch. They recently made a number of suggestions that will help further enhance the security of the platform and safety of users and assets within the Valhalla ecosystem,” Floki wrote on X (formerly Twitter).

However, the announcement saw FLOKI’s price drop nearly 3% on Tuesday. Floki stated that it aims to ensure a smooth launch by extending the timeline.

Fairshake, a US Super PAC supporting the crypto industry, has already accumulated $103 million to spend on the 2026 midterms. In the 2024 election, Fairshake heavily invested in pro-crypto candidates from both parties.

Ripple CEO Brad Garlinghouse contributed $25 million to a growing pro-crypto war chest, and other companies have made similar donations to the PAC.

Fairshake’s Crypto Support in US Elections

Fairshake invested nearly $200 million in the 2024 election, backing candidates from both sides who supported friendlier industry regulation. Its efforts yielded several victories, including Bernie Moreno’s prominent victory over anti-crypto candidate Sherrod Brown.

With the latest investment from Ripple CEO Brad Garlinghouse, it seems that Fairshake is well-placed to influence pro-crypto narratives in the midterms as well. Ripple was also one of Fairshake’s principal investors in the 2024 election.

However, Ripple is not the only firm planning for the 2026 midterms. As reported by BeInCrypto earlier this month, venture capital firm a16z also invested $23 million in the PAC for the midterms.

“Fairshake just informed me that Ripple’s donation, combined with those from Coinbase and a16z and the funds it has leftover from this election, means it has now amassed $103 million for the 2026 midterms,” FOX Business Journalist Eleanor Terrett wrote on X (formerly Twitter).

In other words, these political investments proved so beneficial for the industry that it’s already preparing to make a bigger impact. Fairshake spent $200 million to help elect various crypto allies less than a month ago. Yet, the Super PAC’s 2026 war chest for the midterms could potentially be bigger.

Overall, these investments are not surprising given the significant impact of the recent election. For one thing, President-elect Donald Trump already promised to enact a broad series of benefits for the crypto industry.

These political donations, however, can yield added access and benefits. It can influence the regulators to consult with the donors for any regulatory decisions. For instance, Coinbase was another leading Fairshake donor, and Trump consulted its CEO for personnel appointments.

It’s safe to say that Fairshake is planning to conclusively influence the pro-crypto agenda in US politics. It donated heavily to candidates from both political parties, purely on this one issue. By the 2026 midterms, the PAC could greatly contribute to a growing bipartisan consensus regarding this industry.

Fantom (FTM) price has risen in the last 24 hours, outperforming a declining market. Its ADX has surged to 47, signaling strong trend momentum, and historical data suggests it could rise even further.

The EMA lines also remain bullish, with FTM well-positioned for a continued uptrend toward $1.22. However, if the trend reverses, FTM could test key supports at $0.77 or even $0.35 in a deeper correction.

Fantom Current Trend Is Strong But Can Rise Even More

Fantom ADX has surged to 47 from just 12 in the past four days, signaling a significant increase in trend strength. The ADX, or Average Directional Index, measures the strength of a trend, regardless of direction, on a scale from 0 to 100.

Values above 25 indicate a strong trend, with levels exceeding 40, highlighting very strong momentum. This sharp rise in ADX reflects the robustness of FTM’s current uptrend, which is supported by increasing buying pressure.

Although an ADX of 47 already signifies a strong trend, historical data suggests FTM’s ADX can exceed 50 during periods of intense momentum.

If the ADX continues to climb, it will signal even stronger bullish momentum, potentially pushing the Fantom price higher.

Whales Stopped Accumulating FTM

FTM whales appear to be slowing their accumulation after a surge in activity earlier this month. The number of wallets holding between 1,000,000 and 10,000,000 FTM grew from 69 on November 15 to 74 by November 21, indicating increased confidence among large holders during that period.

Tracking whale activity is critical, as these large investors can significantly influence market trends through their buying and selling behavior.

Since November 21, however, the number of these wallets has stabilized, fluctuating between 72 and 74. This suggests that while whales have maintained their holdings, they are no longer aggressively accumulating.

This stability could indicate a pause in Fantom’s bullish momentum, with whales waiting for clearer market signals before making further moves. For FTM, this could result in reduced volatility unless new catalysts emerge to reignite accumulation.

Fantom Price Prediction: Can It Reach $1.22?

Fantom EMA lines remain bullish, with the short-term lines positioned above the long-term ones and the price trading above all of them.

This alignment indicates strong upward momentum, supported by consistent buying pressure. If the current uptrend continues to strengthen, FTM price could gain an additional 20% and test $1.22, marking its highest price since March.

However, if the uptrend reverses, FTM price could face a series of critical support levels.

Initial supports lie at $0.77 and $0.58, but if these fail, the price could drop to $0.35, representing a significant 66% correction.