On March 4, 2026, the Sui blockchain launched USDsui, a US dollar stablecoin issued by Bridge via its Open Issuance platform. Unlike traditional stablecoins like USDC and USDT, USDsui redirects reserve yield back to the Sui network through SUI token buybacks and DeFi liquidity, rather than to the issuer. This model aligns economic incentives with the blockchain infrastructure, potentially reshaping stablecoin economics if USDsui gains market share. The success of USDsui will depend on adoption within Sui's existing $1 trillion stablecoin transfer volume and whether other Layer-1 blockchains follow suit with similar native stablecoin strategies.
A new altcoin rally may be starting, driven by Hyperliquid (HYPE), a decentralized trading platform hitting new highs. Analyst Michael van de Poppe highlights HYPE as a key market momentum indicator and expects it to exceed $100 due to its unique acc...
On May 28, major cryptocurrencies Bitcoin (BTC) and USD Coin (USDC) experienced significant net outflows of approximately $200 million and $184 million respectively, signaling a risk-off sentiment in the crypto market. Ethereum (ETH) also saw a net o...
SUI, a Layer-1 blockchain with advanced technical features, has underperformed compared to peers like Solana and Aptos due to market concerns over supply unlocks, emissions, and the quality of on-chain activity. Traders focus on factors such as token...
CME Group has introduced regulated futures contracts for Avalanche (AVAX) and Sui (SUI), offering both standard and micro contract sizes. These cash-settled futures allow traders and institutional investors to gain exposure to these layer-1 tokens wi...
CME Group has introduced new futures contracts for Avalanche (AVAX) and Sui (SUI), broadening the range of regulated crypto derivatives beyond Bitcoin and Ethereum to include high-throughput layer-1 tokens. These contracts come in standard and micro ...
