The crypto market registered a substantial drop on Wednesday before recovering towards the end of the day after Federal Reserve Chair Jerome Powell flagged concerns about inflation and slowing growth due to tariffs. However, markets recovered as crypto remained strong in the face of adversity even though traditional stock markets took a beating.

According to Wifi Dabba CEO and founder Karam Lakshman, India's rapid digital growth has outpaced its broadband infrastructure, leaving hundreds of millions without stable access. He believes decentralized networks may offer a way to bridge that gap, using global capital, local deployment partners, and tokenized incentives to scale internet access cost-efficiently.

Sui (SUI) has performed neutrally in the past day to stand at $2.10 while Hedera (HBAR) has experienced a 1.4% uptick and currently sits at $0.1600 during what has been a choppy session with a slight bearish tone.

Sui meme coins, not typically seen at the forefront of the sector, are surging in volume recently. Their market cap is far smaller than Solana meme coins, but it's also growing fast.

AAVE's ecosystem upgrade could mark the beginning of a new wave of liquidity inflows.

Dynamic's also supports Algorand, Base, Berachain, Bitcoin, Cosmos, Farcaster, Solana, Telegram as well as other EVM and SVM protocols.

We see more and more traditional finance exploring on-chain options. The Athens Exchange in Greece, ATHEX, is now moving to use a Sui orderbook.

After falling from its Macro Range, Aptos (APT) has faced rejection from key levels. Amid its 15% monthly decline, some analysts suggest that APT's party won't continue until the $5 resistance is reclaimed.

BONK's descending channel highlighted the bearish trend and the attempted consolidation around the 2024 low.

BONK is trading at a key high time frame support level while showing signs of a potential trend reversal.

Athens Exchange Group, Greece's national stock exchange, has finalized the design of its zero-knowledge powered fundraising platform set to go live on the Sui blockchain. Sui Foundation announced the development in a blog post on April 16, noting the partnership between Athens Exchange Group and Mysten Labs.

Greek exchange Athens Exchange Group has moved closer to adopting a Sui-based order book following its collaboration with Mysten Labs.

Story Highlights The live price of the BONK token is BONK coin price may reach a high of $0.00035 by the end of 2025. BONK, with a potential surge, could reach a maximum of $0.0050 by the end of 2030.

Digital currencies traded in the red on Wednesday as Bitcoin failed to hold above the key region of $85,000. Amidst the uncertainty, layer1 blockchain Sui Network attained a crucial milestone in its DeFi journey.

TL;DR Sui will integrate Babylon's Bitcoin staking protocol and operate as a Bitcoin Secured Network in Phase 3 of the expansion plan. The integration allows BTC staking without bridges or custodians. Babylon will apply its protocol over Sui's Mysticeti consensus, reinforcing its modular, multi-network approach to Proof-of-Stake.

Sui (SUI) has gone down by 4% today to $2.20 per coin as the market has been choppy since the week started. Trading volumes have subsided by 16% as traders stay on the sidelines while prices consolidate.

Sui is gearing up for major infrastructure upgrades that could make it 100x faster. And with Walrus possibly powering that growth, a new DePIN era may just be getting started.

BONK could be ready for another leg up.

While global economies remain very uncertain going forward, the crypto market is beginning to coil up, and the U.S. stock market allowing, we could see a substantial surge into the Summer. Solana (SOL), Binance Coin (BNB), and Sui (SUI) are well placed to lead this resurgence.

A closely followed crypto analyst believes one meme token operating on Solana (SOL) is in the early stages of a market recovery. Pseudonymous analyst Altcoin Sherpa tells his 243,800 followers on the social media platform X that he's bullish on the memecoin Bonk (BONK).

FARTCOIN is gaining momentum, potentially reshuffling the Solana memecoin leaderboard.

As the net capitalization of the cryptocurrency segment is growing, meme coin holders benefit. Bonk (BONK) is attempting to blast past the $1 billion cap yet again while Pengu (PENGU) and Dogwifhat (WIF) meme coins are also posting double-digit gains overnight.

Shiba Inu (SHIB) is battling to maintain its position among the top 20 cryptocurrencies by market capitalization, as it faces stiff competition from Sui Network (SUI). SHIB is currently priced at $0.00001202, up 0.84% over the past 24 hours, according to CoinMarketCap.

Sui offers comprehensive tools for game developers to seamlessly integrate Web3 features, enhancing gameplay without compromising performance, according to Sui Foundation.

Cryptocurrencies struggled in the past sessions as macroeconomic developments, including Trump's trade war, dented the appetite for risk assets. However, Sonic defied the bearish trends with consistent total value locked (TVL) growth. Sonic's TVL skyrocketed past $1 billion in April (data extracted from DeFiLlama), reflecting massive growth in 2025 (so far).

There are a couple of interesting news items regarding the trend of the price of the crypto SUI and ONDO. The crypto market is going through a difficult time, especially regarding altcoins, but in the general turmoil, there are some good news here and there, even if they are few and only good up to a certain point.

Sui (SUI) shows potential for significant price breakout with strong stablecoin inflows, rising derivatives interest, and a bullish technical pattern targeting $5.30.

SUI flashed signs of a potential breakout, but key resistance must be cleared first.

We all consider hardware wallets to be a haven in the crypto sector. The leader in this market segment seems to be Ledger.

Sui blockchain is enhancing its cryptographic systems to tackle the looming threat of quantum computing, ensuring long-term data security and integrity.

Ledger Live now integrates SUI and Sui tokens, offering Ledger users enhanced self-custody options with features like Clear Signing and expanded access to the Sui ecosystem.

A blockchain with Meta DNA, Aptos faces a challenge of differentiation in an increasingly skeptical market. Head of ecosystem Pampati talks with CoinDesk ahead of his appearance at Consensus 2025 in Toronto May 14-16.

Sui has gained by 10% in the past 24 hours after President Trump paused higher tariffs, with the coin's volume surging bullishly in response. The post Is Sui the Next Solana? $1.9 Billion Floods In After Trump's Surprise Tariff Pause appeared first on Cryptonews.

Cboe BZX exchange has filed a 19b-4 application for an SUI exchange-traded fund (ETF). The exchange submitted the paperwork to the Securities and Exchange Commission (SEC) on April 8, setting the stage for the first SUI ETF in the US.

Stellar (XLM) joined Sui (SUI) as a top underperformer, declining 2.7%.

TL;DR Cboe BZX's Proposal: The exchange has asked the U.S. SEC to list the Canary SUI ETF, potentially marking the first ETF that tracks the Sui blockchain's native token, SUI.

Cboe BZX Exchange has officially submitted Form 19b-4 to the US Securities and Exchange Commission (SEC) to list an exchange-traded fund (ETF) tied to the Sui blockchain. The April 8 filing stated: “Cboe BZX Exchange, Inc.

Cboe filed a 19b-4 request with the SEC to list the first U.S. ETF backed by SUI. If approved, it would be the first U.S. ETF to hold and stake the Sui Network's native token.

A filing to list a SUI exchange-traded fund on Cboe BZX has landed with the SEC, setting the stage for potential approval of a spot fund tied to the layer-1 token.

Canary Capital has filed paperwork with the SEC through the Cboe BZX Exchange for a spot SUI exchange-traded fund (ETF).

Cboe BZX Exchange has asked United States regulators for clearance to list an exchange-traded fund (ETF) backed by Sui (SUI), the native token of the Sui Network, public filings show. The request submitted on April 8 must be reviewed and approved by the US Securities and Exchange Commission (SEC) before the exchange can list any shares of the fund.

Cboe BZX Exchange has asked United States regulators for clearance to list an exchange-traded fund backed by Sui (SUI), the native token of the Sui Network, public filings show. The request submitted on April 8 must be reviewed and approved by the US Securities and Exchange Commission before the exchange can list any shares of the fund.

Bonk (BONK), the popular Solana-based meme coin, is on the verge of a massive price crash. This bearish outlook emerges during a period when major cryptocurrencies are experiencing massive sell-offs and price crashes.

Sui price saw a recent recovery after the Cboe BZX Exchange filed to list the first-ever spot SUI ETF in the U.S. The move marks a new step in bringing the SUI token into regulated financial products. The filing was submitted under Form 19b-4 with the U.S. Securities and Exchange Commission (SEC).

Canary Capital last month filed for a SUI exchange-traded fund. Now, Cboe has filed for a 19b-4 rule change that would allow it to trade.

SUI has experienced significant volatility in recent weeks, with its price fluctuating amidst a 30% decline. This decline has been accompanied by rising outflows as investors and traders react to the altcoin's uncertain short-term outlook.

The approval of a Sui ETF could enhance crypto market legitimacy and attract institutional investors, potentially boosting Sui's market value. The post Canary Capital seeks SEC approval for a Sui ETF involving staking appeared first on Crypto Briefing.

Altcoin prices bounced back as some investors bought the dip following the recent crypto Black Monday, when most of them crashed.