Senior Developer Relations Engineer

SUI surges 7% to break key resistance as broader market slips. Low trading volume suggests 'targeted accumulation' by whales or institutional players as SUI defies the CD5 index. What to know: * SUI gained 7.33% to close at $2.08, significantly outperforming the broader crypto market. * The rally happened on below-average volume, suggesting that the buying was likely driven by a small number of large traders. * The token broke through the psychological $2.00 resistance level while most major tokens traded sideways or declined. SUI surged 7.33% to $2.08 over the past 24 hours, breaking through a key resistance level while most of the crypto market traded flat or slipped. The move put the token nearly 7% ahead of the CoinDesk 5 benchmark index, marking a strong divergence that points to token-specific demand. Despite the price jump, SUI's trading volume came in below its 7-day average - an unusual pairing that hints at targeted accumulation, likely by institutional buyers or whales. During the breakout, volume briefly spiked to 44 million tokens traded, a 168% jump over its daily average, suggesting coordinated activity at key price levels. SUI, which powers the layer-1 blockchain developed by Mysten Labs, has drawn attention for its parallel transaction processing - a technical feature that enables faster performance at scale. While no major catalyst was publicly disclosed Friday, analysts have recently cited SUI's architecture and expanding ecosystem as potential drivers for long-term growth. Some have floated a $5 price target by 2025. Technically, the token has built a series of higher lows - $1.93, $1.95 and $1.98 - culminating in the break above the psychological $2.00 mark. Resistance now sits in the $2.07 to $2.08 zone, with the next upside target around $2.34. A stop-loss just below $1.96 could offer a favorable risk/reward for traders betting on continuation. Meanwhile, the broader CD5 index fell slightly, dipping from $1,731.12 to $1,729.63. A sharp drop earlier in the day briefly pushed the index to a session low of $1,700.39 before recovering. The contrast underscores SUI's outsized strength in an otherwise cautious market. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by its editorial team to ensure accuracy and adherence to its standards. For more information, see CoinDesk's full AI Policy. A deep dive into Zcash's zero-knowledge architecture, shielded transaction growth, and its path to becoming encrypted Bitcoin at scale. In 2025, Zcash evolved from niche privacy tech into a functioning encrypted-money network: * Shielded adoption surged, with 20 - 25% of circulating ZEC now held in encrypted addresses and 30% of transactions involving the shielded pool. * The Zashi wallet made shielded transfers the default, pushing privacy from optional to standard practice. * Project Tachyon, led by Sean Bowe, aims to boost throughput to thousands of private transactions per second. * Zcash surpassed Monero in market share, becoming the largest privacy-focused cryptocurrency by capitalization. * JPMorgan Chase & Co increased its stake in the iShares Bitcoin Trust ETF (IBIT) to 5.28 million shares worth $343.47 million, up 64.26% from the previous quarter. * The move follows the bank's research suggesting Bitcoin's fair value could reach $170,000, reflecting growing institutional confidence in digital assets.

EVE Frontier partners with Mysten Labs to use its Layer-1 blockchain Sui platform. EVE Frontier is a single-shard survival experience set in the EVE Universe where you explore a hostile and dangerous environment as they fight to survive and rebuild a broken world. Built on the blockchain, EVE Frontier is a space survival game defined by freedom, challenge, and consequence. You awake from stasis as the last relic of humanity from a brighter age. Civilization has decayed in the ruin of its ambition; feral drone swarms scour its wastes, and survivors fight to gain control over its resources. In the shadow of the Trinary, who will you become? In EVE Frontier, CCP Games is creating a deep player-driven sandbox for a new era. Cast into a cruel and brutal cosmos, you have been lost to time and lost to light. To survive, you will need to explore, exploit and expand in the face of perpetual annihilation. The Frontier is a shattered region of space, warped by the presence of supermassive black holes gravitationally bound in a macabre dance. Rogue AI infests its depths; corrupting and consuming the remnants of what still stands. With all players on one single-shard server, death and opportunity lurk in equal measure. Awareness is power: your skill as a pilot and strategic choices determine the outcome of every encounter, whether you favor hit-and-run tactics, stealth, or all-out warfare. Exploit the Frontier's natural resources to upgrade your ship with vital technology and acquire new capabilities. Obtain fuel, the lifeblood of your journey, to power your travel as you overcome its dangers. A community-driven and dynamic economy allows you to create custom currencies, establish markets, and trade assets, services, and reputation in a truly open environment. Rebuild civilization from its ashes by using Smart Assemblies, an open-ended platform, to construct and program infrastructure within space. Expand your influence through defenses, trading posts and multiple types of functionality, each imbued with a programmable layer that links the world of the Frontier to the real world outside of it. Develop your own ideas or address the needs of others: from mission systems to private economies, Smart Assemblies unlocks third-party development with a toolkit for creators to build beyond a virtual world. CCP Games announced that EVE Frontier will be built on Sui, the Layer-1 blockchain originally developed by Mysten Labs. With more than tens of thousands of star systems and countless player-built ships, factories, and infrastructure set to populate EVE Frontier's cosmos, Sui's object-centric architecture offers a natural fit for modeling a virtual world of this scale and complexity. Additionally, Sui enables near-instant transaction finality, parallel execution of transactions, and more expressive smart contracts - all essential for bringing more aspects of EVE Frontier's gameplay on-chain. This announcement marks a significant step in CCP Games long-standing commitment to creating virtual worlds that are shaped entirely by its players. Building EVE Frontier on Sui represents the next evolution of that vision, marrying CCP Games expertise in large-scale sandbox design with a blockchain built for object ownership, composability, and scalability. This technical and ideological alignment ensures that as EVE Frontier grows, its universe can support deep economic interactions, sophisticated governance, and a truly persistent on-chain record of player history. "Since inception, our mission has been to create virtual worlds more meaningful than real life. With EVE Frontier, we are pushing that ambition further than ever before: building a player moddable universe, bound by its own digital physics, that can outlive us all," said Hilmar Veigar Pétursson, CEO of CCP Games. "As we dug into how Sui is architected, we came across so many familiar concepts, such as how their object-centric approach neatly matches our historic item-centric approach, enabling billions of objects/items, all placed by players, shaping a living universe. For us, Sui offered the unique alignment of architecture, security, and user experience. Together, we're building a world that can truly stand the test of time." CCP Games is designing EVE Frontier to be massively moddable, empowering players and third-party developers to create new objects, structures, and systems called "Smart Assemblies". This vision demands an environment where player-built content can be deployed safely at scale, without introducing vulnerabilities into the game world. Sui's robust security model is crucial in allowing the community to build and deploy via Sui tooling in such a way that the compiled code does not compromise the integrity of the universe. In addition to Sui's powerful combination of speed and scalability, CCP Games will also utilize Mysten Labs' full stack of decentralized technology solutions, including Walrus, the developer platform for trustworthy data, and Seal, which provides native data access controls. Together, these enable new opportunities for players to leverage information asymmetry and exploit intelligence in their pursuit to thrive in the Frontier. "Much of Sui's early design was shaped by the needs of high-performance games with full programmability for players," said Sam Blackshear, co-founder and CTO of Mysten Labs, the original contributors to Sui. "EVE Frontier is the first game to leverage all of the novel features that Sui, Walrus, and Seal offer. We're inspired by CCP Games vision to build a truly player-defined game that outlasts its creators. It's a perfect match for the technical ambition of Sui." EVE Frontier is in the process of porting the current Founder Access build of the game over to Sui. This initial port will also aim to implement many of Sui's features to enhance the user experience, such as zkLogin for native account abstraction, allowing users to sign in with their email addresses, and sponsored gas fees for users, enabling onboarding without barriers and seamlessly bringing billions of player-driven interactions on-chain. Players can construct infrastructure such as storage facilities, trading posts, defenses and more. Think of it as enhanced base-building. Through each structure having a programmable layer, EVE Frontier allows for greater moddability and player expression on top of each "base item". Constructing infrastructure and deploying it on the Frontier does not require it to be programmed. For example, a Smart Storage Unit (SSU) is a structure anchored in space, which acts as smart storage, holding and dispensing any form of inventory players choose to load it with (currencies, items etc.). With Smart Assemblies, this structure can be coded to serve as a marketplace, a quest giver, a bounty hunter system, an arcade machine etc. The programmable interface can be coded to be anything that results in an in-game output relevant to each piece of infrastructure. In EVE Frontier, you own your items and all transactions between players are permitted. CCP Games will not prohibit transactions outside of, and inside of the game. To support this, EVE Frontier will have a range of in-game currencies available, all of which are built on ERC-20 token standards. EVE Token: a utility token that can be exchanged as a means of external value. The EVE Token will exist in a test environment until it has undergone rigorous testing and meets CCP's standards for game & economy design, usage, performance, security and transaction speed. LUX: used only for in-game transactions. For example, LUX can be used to purchase items from in-game markets, to acquire station services, used for trades between players etc. * The ability to trade currency and therefore in-game value outside of EVE Frontier. * The de-incentivizing of secondary markets. * The ability for players to create, exchange and use their own currencies (for example alliance-specific currency) with the same utility. * A means to reward and support the builders of programmed infrastructure (Smart Assemblies) and the operation of its maintenance (e.g. maintaining external development environments). * Intense Survival: Explore, upgrade, and survive in the face of perpetual annihilation. The Frontier is danger incarnate, filled with feral swarms of AI and other players. * Open Economic Sandbox: A fully community-driven and open in-game economy. Create custom currencies, establish markets, and trade assets, services, and reputation in a truly open environment. * Strategic Gameplay Navigate your ship to dodge incoming fire, use celestial bodies as cover, or execute precision maneuvers to outflank your opponents. * Ship Upgrades: Upgrade your ship with vital technology to access new capabilities and skills that open up new playstyles. * Player Agency: Harness Smart Assemblies to configure and add additional functionality. A programmable layer enables limitless creativity for builders and mastery over the game world.

Everlyn secured $15 million in funding, led by MystenLabs, to enhance its blockchain-native video AI model. This investment aims to boost AI-driven cinematic video on the Sui blockchain, potentially impacting the SUI token. The funding round included participants like Baseline and Selini Capital, highlighting growing interest in AI-video integration within Web3. The project is valued at $250 million, indicating its increasing credibility and influence in AI and blockchain technologies.