SUI's 73% weekly price gains top crypto market — New price record in reach?
SUI outperforms the bulk of the crypto market with a five-day winning streak, helped by the new Grayscale SUI Trust and the xPortal/xMoney Mastercard partnership.
Key takeaways:
SUI is up 23% in the past 24 hours and 73% weekly, outperforming top-cap cryptocurrencies.
The launch of the Grayscale SUI Trust and the xPortal/xMoney Mastercard partnership boosted investor confidence.
SUI’s TVL is up 40%, and daily DEX volumes surge by 177%, signaling strong ecosystem trust and utility.
XRP News Today: Will XRP Hit $5? ETFs and SEC Settlement in the Spotlight
Key Points:
XRP gained 0.42% on April 26 to close at $2.1916, mirroring a broader crypto market cap rise to $2.92 trillion. ProShares to launch three XRP Futures ETFs on April 30, boosting investor interest in XRP exposure. XRP-spot ETF approvals may hinge on SEC appeal withdrawal and a favorable Ripple case settlement. $XRP
Tether thinks beyond USDT, ‘builds for the apocalypse’
Tether launched the USDT stablecoin in 2014. It soon became the biggest stablecoin issuer, while USDT grew into one of the five biggest cryptocurrencies in market cap.
At one point, USDT was a leading token in terms of trading volume. At different times, it was accountable for 50% to 80% of all Bitcoin trades.
Moreover, USDT plays a vital role in cryptocurrency onboarding, as many crypto exchanges don’t have fiat-to-crypto and crypto-to-fiat pairs. USDT is a USD substitute, providing a predictable trading instrument aligned with the USD value.
Companies also execute cross-border payments using USDT, which is backed by the U.S. Treasury bills. And Tether holds most of them. Last year, Tether bought $33.1 billion worth of the U.S. Treasury securities. It made the company the seventh biggest foreign net buyer, surpassing Mexico, Canada, Taiwan, and many other countries. $BTC $BNB