What Makes Sui Special? ($)
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Sponsor: Mantle — Mass adoption of decentralized & token-governed technologies.
- 📱 New Apple Feature Will Enable Tap-to-Pay Crypto Payments. You could soon be paying with USDC using your iPhone's NFC features.
- 🎰 EigenLayer Will Support Turning Any ERC-20 Token into Restakable Asset. The new Permissionless Token Support feature is a direct response to competitor Symbiotic's feature set.
- 💎 TON Ventures Launches $40M Fund. The firm created by former TON Foundation senior builders aims to build out TON's footprint.
📸 Daily Market Snapshot: Inflation is slowing and investors are showing signs of relief. Traders were banking on good news, so TradFi indexes only budged up slightly, but BTC traders sold the news, with price diving 3% almost immediately after the new data's release. Bitcoin is now trading below $59K.
| Prices as of 6pm ET | 24hr | 7d |
|
Crypto $2.09T | ↘4.5% | ↗7.2% |
|
BTC $58,877 | ↘2.9% | ↗6.6% |
|
ETH $2,665 | ↘1.9% | ↗13.5% |
|
AEVO $0.36 | ↘4.9% | ↗11.6% |
Few things stir Crypto up quite as much as alt-L1s.
Though these new chains always promise to be bigger, faster, and better than Ethereum, few last long enough to deliver on their big promises. This cycle has welcomed a new cohort of competitors, and VC-backed Sui has garnered plenty of attention.
Today, we're taking a look at what, if anything, it brings to the table👇
Mantle kickstarts Season 1 of Methamorphosis. Building on the success of their Liquid Staking Token, mETH, Mantle LSP announces plans for a new Liquid Restaking Token, cmETH, along with a governance token, COOK. With Methamorphosis, participants can now farm Powder for future COOK tokens and position themselves early for upcoming cmETH release.
In this special Early Access episode, we're joined by Paradigm's Georgios Konstantopoulos and Charlie Noyes, along with Max Resnick from Special Mechanisms Group, to discuss a possible change in direction for one part of the Ethereum Roadmap.
This is a deeply technical episode that covers the history of MEV and new innovations that plan to change it – all from the comfort of David's apartment.
Hear all of the analysis! 👇