SUI News Today: Kalshi Connects Conventional and Decentralized Finance through SUI Growth
- Kalshi introduces SUI and Sui-based USDC deposits, expanding U.S. traders' access to blockchain assets and signaling institutional confidence in prediction markets. - SUI's integration leverages its high-performance blockchain (225M+ accounts, $1.89B TVL) to enable speculative trading and stablecoin-backed hedging strategies. - The move aligns with Kalshi's $5B valuation growth, driven by 25-35% Robinhood volume and CFTC compliance, while challenging Ethereum's stablecoin dominance through Sui-based USDC
SUI, the primary asset of the Sui blockchain, has experienced notable on-chain expansion, with total accounts exceeding 225 million and a Total Value Locked (TVL) of $1.89 billion as of October 2025. The network’s unique object-oriented architecture and parallel processing have established it as a high-throughput Layer 1, drawing developers and users who prioritize scalability. By supporting SUI deposits, Kalshi integrates with this ecosystem, letting traders capitalize on the token’s price swings for speculation or risk management, while also providing stability via Sui-based USDC. Certain technical analysts have identified trends that may influence SUI’s direction, as explored in
For American traders, this integration addresses previous barriers to accessing a broader range of crypto assets on compliant platforms. Before this change, users were largely limited to fiat or a small selection of cryptocurrencies. Now, Kalshi participants can directly deposit SUI, increasing their ability to participate in event contracts related to economic data, political results, and other real-world scenarios. The update also streamlines transactions, as Sui-based USDC offers a stablecoin alternative with reduced fees and quicker settlements compared to conventional stablecoins.
Kalshi has seen rapid expansion, with the platform
This integration also mirrors larger shifts in the stablecoin industry. Sui-based USDC now joins a $305 billion stablecoin market, where
Although this development is positive for SUI’s adoption, certain risks persist. Ongoing regulatory ambiguity, especially concerning the approval of a possible SUI ETF, could affect short-term price movements. Broader economic factors like inflation and interest rates may also sway market sentiment. Some analysts anticipate SUI could climb to $4–$7 by the end of the year,
At present, Kalshi’s SUI deposit capability highlights the platform’s function as a connector between conventional finance and decentralized markets. As the prediction market industry evolves, platforms like Kalshi are poised to play a vital part in making financial tools more accessible, leveraging blockchain’s openness and efficiency. The adoption of SUI and Sui-based USDC demonstrates the ongoing convergence between institutional-grade systems and decentralized advancements.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum Updates Today: Vitalik Buterin: Privacy Should Be Considered Digital Hygiene, Not an Exclusive Privilege
- Ethereum co-founder Vitalik Buterin donated 256 ETH ($800,000) to privacy-focused messaging platforms Session and SimpleX, advancing metadata privacy in digital communication. - The platforms use decentralized infrastructure and avoid centralized identifiers, addressing vulnerabilities in traditional messaging systems through unique approaches like service nodes and user-controlled servers. - Buterin's move counters EU regulatory pressures on encrypted messaging, emphasizing privacy as a fundamental righ

Bitcoin Latest Updates: Severe Fear Index: A Sign of Impending Crypto Market Rebound?
- Alternative Data's Crypto Fear & Greed Index rose to 20, still reflecting extreme fear despite slight optimism, driven by volatility, volume, and social metrics. - Bitcoin fell 30% from October peaks, with $3.5B ETF outflows and $800M stablecoin exits worsening liquidity risks amid macroeconomic uncertainty. - Bitget CEO Gracy Chen notes extreme fear often precedes market bottoms, citing potential Fed rate cuts (80% priced) as a catalyst for risk-on sentiment. - Altcoins like Kaspa and Ethena saw gains f

SEC Investigates Crypto Company Connected to Trump for Delayed Disclosures and Management Issues
- SEC investigates Alt5 Sigma over delayed CEO suspension disclosure and $1.5B token swap linked to Trump-backed World Liberty Financial. - Discrepancies in reporting a six-week delay in publicizing Peter Tessopoulos' suspension raise compliance concerns and triggered an 83% stock plunge. - Firm's ties to Eric Trump and $500M transfers to Trump-linked entities amplify scrutiny amid allegations of money laundering facilitation. - Executive dismissals without misconduct claims and governance turmoil highligh

Dogecoin News Today: Dogecoin ETFs Struggle to Boost Prices, Underscoring Difficulties in the Altcoin Market
- Dogecoin ETFs (BWOW, GDOG) failed to trigger price recovery, with GDOG's $1.4M day-one volume far below $12M forecasts. - Despite institutional interest in DOGE (7th-largest crypto at $22B), indirect exposure structures lack regulatory protections and face volatility risks. - Technical analysis shows DOGE forming bullish patterns near $0.15, but ETF-driven inflows remain insufficient to break $0.155 resistance. - Altcoin ETFs face uneven reception: Solana/XRP products outperformed DOGE, highlighting chal
