Ethereum Layer-2 protocol Arbitrum has launched Converge, a new blockchain designed to serve as a settlement layer for tokenized real-world assets (RWAs) and on-chain finance. Created by Ethena Labs and Securitize, Converge aims to bring billions of dollars in stable assets into decentralized finance (DeFi).

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.

The price of Avalanche (AVAX) has halted its fall above the $15 support.

TL;DR Converge, the upcoming blockchain developed by Ethena and Securitize, is scheduled to launch its mainnet by the end of Q2 2025. It will leverage Arbitrum's scalability technology and Celestia's data availability layer to deliver superior performance with low latency.

Decentralized finance (DeFi) protocol Ethena and tokenization firm Securitize said they will use part of Arbitrum's tech and data availability network Celestia for their real-world asset focused, Ethereum-compatible blockchain, aiming to launch mainnet in the second quarter of this year.

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

Blockchain gaming network Immutable is charging ahead after the US SEC (Securities and Exchange Commission) closed its investigation into the platform's native token, IMX, in late March.

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.

Solana, Cardano, and Avalanche are currently leading the cryptocurrency market losses, with each experiencing drops of over 5% in the past 24 hours.

Operation Avalanche showcased how the Secret Service worked across borders with Canadian law enforcement and blockchain analysts to disrupt a sophisticated $4.3M Ethereum phishing operation. The joint effort identified compromised wallets and alerted victims before additional assets could be stolen. The post Secret Service & Canada Target $4.3 M Ethereum Phishing Scam in “Operation Avalanche” appeared first on Cryptonews.

Bitcoin (BTC) has risen above $85,000, signaling that the bulls are trying to form a higher low at $83,000. The short-term price action remains susceptible to news related to the US tariffs and the ongoing trade war with China.Gold has been a clear winner during the current bout of macroeconomic uncertainty.

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.

TL;DR Over 50M Arbitrum users can now access ZetaChain without switching networks or relying on external bridges or complex swaps. dApps use universal contracts that connect natively with chains like Bitcoin, Ethereum, Solana, and Arbitrum. ZetaHub now lets users view balances, transfer assets, and provide liquidity from Arbitrum with a seamless, single-network experience.

The crypto market tanked over the past 24 hours, with the market cap declining almost 3% to $2.63 trillion as bearish sentiment returned. Bitcoin (BTC) peaked at a local high of $86,397 before investors began booking profits.

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.

The SEC of the Philippines has opened applications for its Strategic Sandbox (StratBox) program, aimed at fostering innovation in the growing field of crypto-asset services. The post Philippines SEC Opens Applications for Crypto-Focused Regulatory Sandbox appeared first on Cryptonews.

The altcoins underperformed relative to the broader market in today's trading, despite some encouraging recent news emerging for the Solana ecosystem.

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.

The total value of real-world assets (RWAs) on the Arbitrum network has surged over 1,000-fold since the start of 2024.

Starknet (STRK) remains under pressure, but signs of stabilization are beginning to emerge. Despite releasing 127.6 million tokens into circulation in its next unlock, the project is pushing forward with adoption efforts, including enabling STRK payments in 15,000 shops worldwide.

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.

BitDegree, the leading platform for Web3 learning, features the dYdX Affiliate Program in its latest Mission, Commissions for Life With dYdX's Affiliate Program.

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.

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.

Avalanche displayed impressive performance in the past seven days, gaining over 35% to hover at $20 during this publication. The bullish outlook emerged as the protocol's total value locked (TVL) bounced back in April, ending the downtrends that dominated since early January. The shifting sentiments have sparked debates about AVAX's potential price recovery.

Avalanche's 16% weekly surge and VanEck's ETF filing boost investor confidence as price targets $30 with rebounding DeFi ecosystem activity.

Avalanche surged 16%, with TVL recovery and a potential breakout toward $30 resistance in sight.

Token unlocks continue to shape the crypto market, influencing wider sentiment and liquidity. This week, three projects—StarkNet (STRK), TRUMP, and Polyhedra Network (ZKJ)—are scheduled for major unlocks.

The price of Avalanche (AVAX) is trading at the bottom of the chart as it has touched the $15 support twice.

The cryptocurrency market slipped by 1.56% in the past 24 hours on Sunday, pulling the global market cap down to $2.66 trillion as major assets saw mixed performance. Altcoins Diverge as Trading Volume Declines This week in crypto markets, bitcoin ( BTC) maintained its dominance, trading at $83,781 with a slight 1.

Crypto prices had a mixed performance last week, with popular tokens like Onyxcoin, Fartcoin, Jasmy, Hyperliquid, and Helium soaring. Other altcoins like Tezos, EOS, Movement, Toncoin, and Ethereum crashed by double digits.

Avalanche (AVAX) is carving a niche as a blockchain network with boundless scalability but one expert is highlighting its real-world use case in finance. Crypto expert Olivia Vande Woude says Avalanche will change the landscape for traditional finance as we know it.

Acting SEC Chair Mark Uyeda has hinted that the agency may explore a “sandbox” rule for tokenized securities, according to Fox Business reporter Eleanor Terrett. This could be a short term relief framework for digital assets that could allow both registered and unregistered crypto firms to innovate while the agency frames the permanent solutions.

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.

The SEC is considering a regulatory sandbox to allow crypto exchanges to experiment with tokenized securities.

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

SEC leadership floated the possibility Friday of regulatory exemptions that would allow crypto exchanges to experiment with the trading of tokenized securities.

The US Securities and Exchange Commission (SEC) may propose a sandbox approach to crypto trading, before deciding on a new framework tailored to the challenges of digital tokens.

Mark Uyeda, acting chair of the United States Securities and Exchange Commission, has hinted that the regulator could consider a regulatory ‘sandbox' for crypto firms looking to offer trading of tokenized securities.

Securities and Exchange Commission (SEC) acting chairman Mark Uyeda has suggested the potential creation of a conditional regulatory sandbox for blockchain-based securities trading. Uyeda made the remarks during the SEC Crypto Task Force's second roundtable on April 11, which focused on crypto trading platforms.

Bitcoin (BTC) is showing strength as buyers have pushed the price above $82,500, but higher levels are likely to attract solid selling from the bears. CryptoQuant analysts said in a recent market report that Bitcoin could face resistance around $84,000, but if the level is surpassed, the next stop may be $96,000.Although trade tensions between the United States and China have flared up, institutional crypto investment firm Bitwise remains bullish on Bitcoin.

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).

Balancer has deployed its v3 protocol on Avalanche, marking another expansion into one of the fastest-growing DeFi ecosystems.

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.