U.S. President Donald Trump has expressed optimism around current trade negotiations, hinting that multiple favorable agreements may soon be finalized. He described the talks as progressing smoothly, though specific terms remain under wraps. Markets may respond in kind if further clarity emerges. For now, the tone is one of cautious confidence on the global stage.
Gitcoin co-founder Kevin Owocki shared that the platform is shutting down its core Grants Lab division. This marks a tough chapter for Gitcoin, as team members part ways amid financial strain and a lack of sustainable revenue. Changing models for public goods funding and growing competition played a role. It's a reflection of how the Web3 landscape continues to evolve rapidly.
On the market front, Sui ($SUI ) is posting strong momentum with a 17% intraday jump, trading at $3.55. Weekly growth has nearly hit 70%, backed by a 38% spike in TVL to $1.641B clear signs of deeper DeFi traction. Meanwhile, Initia ($INIT ) is running a listing event on BingX until May 4, with a 20,000 USDT reward pool and bonuses for new futures traders. Market activity across both ecosystems reflects growing confidence from users and builders alike.
