Matrixdock has introduced XAGm, a tokenized silver asset backed 1:1 by LBMA-accredited silver, on the Sui blockchain, marking its first expansion beyond Ethereum. Supported by the Sui Foundation's treasury, XAGm enables users to trade, lend, and use silver as collateral within DeFi protocols on Sui. This move broadens DeFi investment options with a physical precious metal, though investors should verify custody transparency and audit practices. Matrixdock's strategy includes offering institutional-grade tokenized commodities across multiple blockchains for diversified DeFi exposure.
SUI price retreated to around $1.20 after hitting resistance near $1.40, following a strong rally from April lows near $0.85. The pullback comes amid growing DeFi activity, rising stablecoin liquidity, and positive derivatives sentiment supporting th...
Traders have moved significant capital out of Bitcoin and Ethereum, with net outflows of $19.45 million and $21.52 million respectively, shifting funds into stablecoins like Tether (USDT) and USD Coin (USDC). This move signals a defensive, wait-and-s...
On May 13, 2026, the CoinDesk 20 index fell by 0.3% to 2185.22, reflecting a slight market decline. Among the 20 assets tracked, only seven showed gains, with DOT and BNB leading the rise at 2.6% and 1.7% respectively. Meanwhile, SUI and TAO were the...
CME Group has introduced new futures contracts for Avalanche (AVAX) and Sui (SUI) cryptocurrencies, expanding its regulated crypto offerings. These contracts, available in both micro and standard sizes, provide traders with flexible tools for hedging...
Dogecoin is currently trading around $0.195, about 70% below its 2025 peak of $0.65, reflecting a steep drawdown typical of its historical pattern. Recent altseason momentum, highlighted by SUI's 31% surge and Ethereum's potential breakout, suggests ...
