Arbitrum launched Converge, a new blockchain-focused on tokenizing real-world assets (RWAs) and boosting on-chain finance.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Arbitrum was one of the early layer-2 blockchain solutions that amassed mainstream popularity with many crypto holders adding this token to their long term bag as well.

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.

Arbitrum DAO is at the center of a voting manipulation controversy after one user spent 5 ETH worth around $10,000 to buy 19.5 million ARB ($6.5 million) votes. Crypto analyst Ignas shared the incident on X, noting that it could have massive consequences for decentralized governance.

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.

Arbitrum DAO faces scrutiny as vote-buying through Lobby Finance sparks debate over decentralized governance, highlighting vulnerabilities in token-weighted voting systems and calls for reform within blockchain-based decision-making processes. The post Lobby Finance Vote-Buying on Arbitrum Raises Alarms Over DAO Security and Governance Integrity appeared first on Cryptonews.

A recent vote-buying incident within Arbitrum DAO has raised concerns about the viability of decentralized governance as investors exploit on-chain mechanisms to acquire influence through borrowed voting power. According to an April 8 report by crypto analyst Ignas, a user identified as hitmonlee.eth spent 5 Ethereum (ETH), approximately $10,000, to obtain 19.

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.

DAO governance is under threat, as shown by the latest case where one user spent just $10,000 to influence a key decision on Arbitrum.

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.

Leading altcoins $XRP, $ADA, and $SUI have all come back to major support. Will this support hold, and can these altcoins bounce back?