Today in crypto, significant developments included Ethereum Foundation researcher Justin Drake resigning from the Eigen Foundation and refocusing on the Ethereum protocol. He apologized for prior conflicts and committed to avoiding future advisorships. Meanwhile, NFTs also gained attention as their sales volume surged to $356 million in October, marking an 18% increase from September, despite overall declines in 2024. The number of NFT transactions rose to 7.2 million in October, a 42% increase from the previous month. In traditional finance, UBS launched a tokenized fund on the Ethereum blockchain, tapping into the growing investor interest in tokenized assets. This fund, dubbed the 'UBS USD Money Market Investment Fund Token,' is expected to positively impact the price of Ether as it integrates Ethereum into traditional finance, according to crypto analysts.

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