[Today's Global Trending Coins] Sui, Solana, HyperLiquid, and Others

According to the top gainers of Token Mindshare (a metric quantifying the influence of specific tokens in the virtual asset market) by the AI-based Web3 search platform Kaito, the top five virtual assets currently attracting the most attention as of the 23rd are Sui (SUI), Solana (SOL), HyperLiquid (HYPE), Cetus Protocol (CETUS), and Avalanche (AVAX).

Sui drew attention yesterday (22nd) as the Sui-based decentralized exchange (DEX) Cetus Protocol suffered a large-scale hacking incident. Cetus Protocol is estimated to have suffered damages amounting to $220 million (approximately 300 billion KRW) from the hacking yesterday. Binance founder Changpeng Zhao expressed his willingness to support Sui by stating on X (formerly Twitter) on the same day (22nd), "We are doing everything we can to help Sui." As of the afternoon, Sui is trading at around $3.8, down approximately 4.3% from the previous day on CoinMarketCap.

Solana gained attention as the cryptocurrency project Wormhole (W) announced the integration of $35 billion worth of Dogecoin (DOGE) into the Solana ecosystem today. Through this chain, Dogecoin has been reborn as a Solana-based token. The announcement by the Real World Asset (RWA)-based decentralized lending protocol Centrifuge (CFG) to expand its Solana-based services today also seems to have contributed to the increase in online mentions of Solana.

HyperLiquid recently caught attention as a whale (large investor) named James Wynn, active in HyperLiquid, made significant unrealized profits. As of yesterday (22nd), James Wynn is known to hold a long position in Bitcoin worth $1 billion, with unrealized profits amounting to $24.1 million. James Wynn predicted on X (formerly Twitter) today, "Bitcoin is eager to rise further," and forecasted that it could rise to between $115,000 and $118,000 by next weekend. HyperLiquid is trading at around $34.5, up approximately 13.4% from the previous day on CoinMarketCap as of the afternoon.

Cetus Protocol seems to have increased online mentions due to the large-scale hacking incident. Adeniyi Abiodun, Chief Product Officer (CPO) of Sui developer Mysten Labs, announced today that $160 million of the funds stolen in the Cetus Protocol hacking have been frozen. Cetus Protocol reportedly contacted the Ethereum (ETH) wallet address managed by the hacker to negotiate the return of the stolen funds. Cetus Protocol is trading at around $0.17, down approximately 23.8% from the previous day on CoinMarketCap as of the afternoon.

Avalanche gained attention yesterday as it was revealed that the International Federation of Association Football (FIFA) is collaborating with Avalanche to build its own Layer 1 blockchain. FIFA had previously launched Algorand (ALGO)-based non-fungible tokens (NFTs) ahead of the 2022 Qatar World Cup. Avalanche is trading at around $25.5, up approximately 6.7% from the previous day on CoinMarketCap as of the afternoon.