The Fed held rates steady at 4.25%–4.5%, citing inflation risks and economic uncertainty despite political pressure from Trump.
Trump called Powell “stupid” and demanded aggressive rate cuts, criticizing Fed policy as hindering growth amid his inflationary agenda.
Tensions between Trump and the Fed raise concerns over central bank independence, with potential market risks and long-term economic credibility at stake.
As blockchain technology rapidly grows, cross-chain interoperability is becoming essential to break the “islands” of blockchain networks and boost DeFi (decentralized finance) development.
In June 2025, cross-chain protocol Wormhole announced it is expanding its Native Token Transfer (NTT) framework to the Sui network. Sui-based decentralized exchange Momentum becomes the first platform to support NTT-based assets.
This collaboration brings billions in potential liquidity to Sui and marks Sui’s rising importance in DeFi and cross-chain tech.
WORMHOLE NTT FRAMEWORK: A NEW STANDARD FOR CROSS-CHAIN TRANSFERS
Wormhole is a leading cross-chain protocol that helps transfer assets between different blockchains. The NTT framework is one of its main innovations. It allows tokens to move across chains without losing their native properties.
Unlike traditional bridges that rely on liquidity pools—often leading to high fees, slippage, or MEV (miner extractable value) issues—NTT uses a decentralized network of validators called Guardians. This setup makes token transfers cheaper, safer, and simpler.
Expanding NTT to Sui is a major step. Sui is a Layer 1 blockchain known for high performance and low fees. It uses the Move programming language and supports fast, parallel processing.
The NTT system fits well with Sui’s architecture and offers developers a strong base to build cross-chain applications.
Previously, Wormhole already supported Ethereum-based (EVM) chains and Solana. Adding Sui widens its ecosystem and opens new opportunities for cross-chain functionality.
MOMENTUM: DEFI PIONEER IN THE SUI ECOSYSTEM
Momentum is the first DEX on Sui to support NTT-based assets. Using an automated market maker (AMM) model, it allows users to swap tokens in a decentralized way.
By integrating Wormhole’s NTT system, Momentum enables cross-chain token trading. Initial supported tokens include Gate Token (GT), MEXC Token (MX), and Bonk (BONK) from Solana.
This token lineup shows Momentum’s smart strategy: GT and MX are popular CEX (centralized exchange) tokens, bringing in existing users.
BONK is a well-known meme coin in Solana, helping attract retail traders. This mix of assets adds diversity and appeal to Momentum’s platform.
Momentum is also driving growth through rewards and user engagement. It partnered with OKX’s learning platform Cryptopedia to launch over $1 million in rewards for liquidity mining and trading.
This effort has boosted its TVL (total value locked) and brought more attention to the Sui ecosystem. Momentum plans to support NTT-based trading pairs continuously until the bridge officially goes live in September 2025.
THE FUTURE OF CROSS-CHAIN IN SUI
Wormhole and Sui started working together in late 2024, with the Sui Canonical Bridge UI providing an easy way to transfer assets. The launch of NTT on Sui builds on this, adding more flexibility and efficiency. It unlocks billions in cross-chain liquidity for Sui.
In DeFi, NTT gives developers tools to build products like cross-chain lending, derivatives, and synthetic assets.
In NFTs and GameFi, Sui’s speed and low fees make it ideal for asset transfers. NTT will help games and collectibles move across chains easily.
With Momentum and OKX’s partnership, more users are joining the ecosystem through incentives.
Sui’s technical strengths also play a big role. As a high-throughput blockchain, it supports large-scale dApps.
NTT integration brings in users and assets from EVM chains and Solana, helping Sui grow faster in DeFi and GameFi. Cross-chain synergy will be key to Sui becoming a major player in the industry.
BROADER IMPACT ON THE BLOCKCHAIN INDUSTRY
Wormhole’s NTT system is changing how cross-chain transfers work. Its successful launch on Sui proves it can support high-performance blockchains and offers a model for other networks.
In the future, NTT may expand to even more chains, helping to connect the blockchain world and enable free movement of assets and data.
For Sui, NTT and Momentum show the ecosystem is maturing fast. Sui is evolving from a new blockchain into a serious contender in DeFi and GameFi.
Momentum’s success also reflects a larger DeFi trend: by combining cross-chain tech with user rewards, platforms can lower the barrier to entry and attract more users. This improves the DeFi experience and supports wider blockchain adoption.
CHALLENGES AND OUTLOOK
Despite the strong potential, there are still challenges. Cross-chain bridges have been a major target for hackers. Even with security audits and the Guardian network, Wormhole must continue investing in safety.
Sui also needs better user education and developer support to grow its app ecosystem. Momentum must keep innovating to stay competitive—by adding new tokens or partnering with other protocols.
Looking forward, the combination of NTT, Sui, and Momentum builds a solid foundation. As more assets and protocols join Sui, its cross-chain liquidity will rise, making it more powerful in the global blockchain space.
This partnership is more than just a tech upgrade—it’s a step toward a more connected and open blockchain future.
〈Wormhole NTT Launches on Sui, Momentum Leads the Way〉這篇文章最早發佈於《CoinRank》。
