Will Sui price reach $2 as AI and stablecoin use grows?
Sui price has climbed 4.43% to $1.23 as Mysten Labs co-founder Adeniyi Abiodun outlined a strategy centered on global payments, stablecoins and AI-agent transactions, while traders watch $1.27 as the next technical hurdle.
Wu Blockchain published the interview on Oct. 5, with Abiodun arguing that Sui should be viewed as payment infrastructure capable of moving money globally instead of simply another Layer 1 blockchain.
CoinGecko data showed $SUI near $1.23 during the session, with a market value close to $5 billion and roughly $878 million in 24-hour trading volume. The token had traded between approximately $1.17 and $1.26 during the day.
Sui price has climbed 4.43% to $1.23 as Mysten Labs co-founder Adeniyi Abiodun outlined a strategy centered on global payments, stablecoins and AI-agent transactions, while traders watch $1.27 as the next technical hurdle.
Wu Blockchain published the interview on Oct. 5, with Abiodun arguing that Sui should be viewed as payment infrastructure capable of moving money globally instead of simply another Layer 1 blockchain.
CoinGecko data showed $SUI near $1.23 during the session, with a market value close to $5 billion and roughly $878 million in 24-hour trading volume. The token had traded between approximately $1.17 and $1.26 during the day.
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Hyperliquid has significantly expanded its revenue sources. In August, the protocol activated the AQAv2 framework.
Under the agreement, 90% of the interest earned on idle $USDC on the platform is returned to the protocol. As per the arrangement, the yield accrued on a 30-day cadence and was automatically routed to the Assistance Fund after eight days.
Under the agreement, 90% of the interest earned on idle $USDC on the platform is returned to the protocol. As per the arrangement, the yield accrued on a 30-day cadence and was automatically routed to the Assistance Fund after eight days.
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Helium [$HNT] started the day with a bullish move, gaining 10% in value. However, the continued rally in this direction is hinged on whether the asset holds the key structural support level on the chart.
At the time of writing, $HNT is now trading within a potential demand zone, marked in blue on the chart, where it could see buy orders that lead it to rally higher.
At the time of writing, $HNT is now trading within a potential demand zone, marked in blue on the chart, where it could see buy orders that lead it to rally higher.
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The SEC is encountering significant political obstacles regarding the Clarity Act, as highlighted by commentator Nate Geraci.
Politicians have expressed their reluctance to advance the legislation due to concerns over its ethics language and the need to protect large banking interests.
This situation could delay much-needed regulatory clarity in the crypto space, impacting market participants and innovation.
Politicians have expressed their reluctance to advance the legislation due to concerns over its ethics language and the need to protect large banking interests.
This situation could delay much-needed regulatory clarity in the crypto space, impacting market participants and innovation.
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Zcash dips below $1,348 as ETF outflows ease and NU7 enters testing
Key takeaways
Zcash trades around $1,348 on Tuesday, holding modest gains that began Sunday.
NU7 is active on the public testnet, with a mainnet decision scheduled for Oct. 20 and deployment targeted for Nov. 5.
Improving momentum supports recovery prospects, but $ZEC must clear resistance around $1,377–$1,384.
Zcash is consolidating below $1,348 on Tuesday, maintaining modest gains from Sunday as investors assess slower ETF withdrawals and progress toward the network’s next upgrade.
Key takeaways
Zcash trades around $1,348 on Tuesday, holding modest gains that began Sunday.
NU7 is active on the public testnet, with a mainnet decision scheduled for Oct. 20 and deployment targeted for Nov. 5.
Improving momentum supports recovery prospects, but $ZEC must clear resistance around $1,377–$1,384.
Zcash is consolidating below $1,348 on Tuesday, maintaining modest gains from Sunday as investors assess slower ETF withdrawals and progress toward the network’s next upgrade.
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Charles Schwab Executive Says: “This Crypto Cycle Is Really Different”
Jim Ferraioli, Head of Crypto Research at Charles Schwab, stated that the current cycle in the cryptocurrency market differs significantly from past periods. According to Ferraioli, this change is fundamentally driven by Wall Street beginning to use blockchain technology not only to offer investment products but also as a direct part of its financial infrastructure.
Ferraioli stated that Charles Schwab holds approximately $13 trillion in client assets, and that cryptocurrency investments still represent a small share of this total. However, he noted that the company’s clients own about 20% of the assets in spot crypto ETFs, indicating that institutional interest in crypto has now reached a significant level.
According to Ferraioli, the biggest change in the last few years has been that large financial institutions have begun to explore how they can use blockchain technology in their own operations. Recalling that there has been talk for many years about traditional finance and decentralized finance converging at some point, Ferraioli argued that this process has now truly begun.
Jim Ferraioli, Head of Crypto Research at Charles Schwab, stated that the current cycle in the cryptocurrency market differs significantly from past periods. According to Ferraioli, this change is fundamentally driven by Wall Street beginning to use blockchain technology not only to offer investment products but also as a direct part of its financial infrastructure.
Ferraioli stated that Charles Schwab holds approximately $13 trillion in client assets, and that cryptocurrency investments still represent a small share of this total. However, he noted that the company’s clients own about 20% of the assets in spot crypto ETFs, indicating that institutional interest in crypto has now reached a significant level.
According to Ferraioli, the biggest change in the last few years has been that large financial institutions have begun to explore how they can use blockchain technology in their own operations. Recalling that there has been talk for many years about traditional finance and decentralized finance converging at some point, Ferraioli argued that this process has now truly begun.
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Today, I will be hosting a community meeting here on TG.. Focus will be on 67
Link: https://t.me/Vindicatedspace?livestream=1d0c616a3d54086200
Forward the Link to your community to join.
Time: 9pm WAT
Link: https://t.me/Vindicatedspace?livestream=1d0c616a3d54086200
Forward the Link to your community to join.
Time: 9pm WAT
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Forwarded from The Shalom 🕊️ Army
11 months of Shalom on Asset Chain. 💙💛
Today, we celebrate 11 months of building, learning, growing, and most importantly, staying true to our vision.
From an idea to a growing community, $SHALOM has come a long way.
We chose to build on @rwaassetchain because we believe in what the ecosystem is building and the opportunities it creates for real-world assets and decentralized finance.
11 months is not the finish line. It is another milestone on the journey.
To everyone who has believed in Shalom, contributed, held, shared, and stayed with us - thank you.
The journey continues.
11 months down. The future ahead. 🕊️
#SHALOM #AssetChain #XRWA
Today, we celebrate 11 months of building, learning, growing, and most importantly, staying true to our vision.
From an idea to a growing community, $SHALOM has come a long way.
We chose to build on @rwaassetchain because we believe in what the ecosystem is building and the opportunities it creates for real-world assets and decentralized finance.
11 months is not the finish line. It is another milestone on the journey.
To everyone who has believed in Shalom, contributed, held, shared, and stayed with us - thank you.
The journey continues.
11 months down. The future ahead. 🕊️
#SHALOM #AssetChain #XRWA
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Join me on Griot! My code: vindicatedchidi
https://griot.network/join?ref=vindicatedchidi
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https://griot.network/join?ref=vindicatedchidi
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