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Author: Isabella Taylor
Sui has integrated Axelar Network to enable liquidity access and cross-chain interoperability across top chains. For builders and institutions looking for scalable, secure multichain deployments, the announcement, which was shared by both teams on May 8, marks a major turning point. Axelar’s Interchain Token Service will enable developers to deploy smart contracts once and reach users across multiple networks using routers like Squid and wallets like Backpack and SlushWallet. Along with providing institutional-grade security and compliance, the integration makes use of Sui’s (SUI) zkLogin feature, which enhances the user experience for mainstream onboarding. This move adds to Sui’s latest integrations…
Meta could be looking to re-enter the cryptocurrency space by integrating stablecoin payments across its platforms. On May 8, five sources familiar with the development told Fortune that the tech giant is in early talks with crypto infrastructure firms to explore stablecoin use cases, potentially for small-scale creator payouts on platforms like Instagram. Executives involved in the talks suggest that Meta is considering a multi-token strategy and may remain agnostic about which stablecoins it supports. Options under consideration reportedly include major players like USDT and USDC, with the primary focus being cost-efficiency and ease of integration across global markets. Stablecoins…
The U.S. Securities and Exchange Commission has filed a motion seeking court approval for a settlement with Ripple Labs, even as one SEC commissioner opposes the move over investor protection concerns. According to the May 8 court SEC filing, both Ripple and the SEC have agreed to withdraw their respective appeals pending before the Second Circuit Court of Appeals, effectively ending a legal battle that began in December 2020. Under the proposed deal, Ripple would be able to resume sales without breaking any securities laws and recover $75 million of the $125 million that was held in escrow. The move…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Shiba Inu and Pepe reward early investors, but Pepeto’s presale buzz hints at the next big memecoin. Shiba Inu and Pepe have become two of the most successful memecoins, delivering huge profits to early participants. Shiba Inu gained global recognition for turning tiny investments into massive gains, skyrocketing over 80,000,000% from its starting price to its peak, establishing itself as a crypto legend. Pepe followed suit with a sharp rise that placed it among the top memecoins, rewarding early…
The Financial Times analyst noticed that millions of dollars’ worth of MELANIA memetoken were bought minutes before the launch. Investigation reveals the details of the purchases and estimates combined profits at $99.6 million. The MELANIA token was launched on Jan. 19, 2025, two days after the launch of the Official Trump token and only one day before Donald Trump’s inauguration. Lack of transparency, conflict of interests, and emphasis on the gambling aspect of cryptocurrencies are only a few reasons why the Trump pair’s tokens launch caused displeasure in the crypto community. Both $TRUMP and $MELANIA are Solana-based memecoins with little…
Solana saw a major rally today, with signs suggesting it could soon see another breakout to $200. Solana (SOL) saw a major rally on Thursday, May 8, with signs suggesting another breakout to $200 could be on the horizon. Backed by rising DeFi activity, strong market sentiment, and network upgrades, SOL jumped 10.02% to $160.32, its highest level since March 3. The surge coincided with a major milestone for Solana’s decentralized exchange (DEX) ecosystem. On Wednesday, May 7, DeFi volumes on the Solana network broke $800 billion in 2025. While over half of that came in January, continued strength in…
Uniswap price surged sharply as the crypto market erupted on May 8, with the decentralized exchange’s native token spiking 17% to hit its highest level in two weeks. With cryptocurrencies in upward mode as Bitcoin (BTC) reclaimed the $100,000 mark, Uniswap (UNI) soared above $5.50. The gains had Uniswap in vertical mode amid a spik in daily volume, with the altcoin seeing more than $214 million traded in the past 24 hours to represent a 70% increase. Bitcoin’s rally to $100,000 could provide new momentum. However, analysts at market intelligence platform Santiment caution that it could be a “double-edged sword.”…
Pepe Coin, a top Ethereum meme coin, soared and crossed a crucial resistance level as its spot volume and futures open interest jumped. Pepe (PEPE) token jumped to a high of $0.000010, its highest level since February 18, and 65% above its lowest level this year. The 24-hour volume soared by 140% to $1.20 billion, higher than other popular meme coins like Shiba Inu (SHIB), Bonk (BONK), and Floki (FLOKI). Its futures open interest also soared to $475 million, the highest point since January. Pepe Coin price jumped as the crypto fear and greed index moved to the greed zone,…
Jupiter token, powering the biggest dApp on Solana, rose more than 11% during this rally, benefiting from ecosystem growth. Jupiter (JUP), the biggest DEX aggregator on Solana (SOL), is taking advantage of the latest market rally. On Thursday, May 7, the token was up 11.83%, reaching $0.4622, driven by both market momentum and ecosystem growth. Altcoin momentum has started to pick up, as Bitcoin (BTC) broke above the $100,000 mark. The Altcoin Season Index reached its highest level since February, with 33 out of the top 100 altcoins in the green over the past 30 days. Altcoin season index by…
U.S. President Donald Trump was reportedly misled by a Ripple-linked lobbyist into endorsing certain crypto in a Truth Social post about a U.S. crypto reserve in March, leading to the lobbyist’s removal and straining ties with top White House officials. A Truth Social post by U.S. President Donald Trump praising Ripple (XRP), Solana (SOL), and Cardano (ADA) as potential components of a U.S. “Crypto Strategic Reserve” has triggered internal conflict in Trump’s circle, not due to market impact, but because of who authored the message. According to Politico, Trump published the post in early March, asserting that his administration would…