[Today's Global Trending Coins] Ethereum, Tether, Sui, and More

According to Token Mindshare, an indicator that quantifies the influence of specific tokens in the virtual asset (cryptocurrency) market by Kaito, an AI-based Web3 search platform, as of the 12th, the virtual assets attracting the most attention are Ethereum (ETH), Monero (XMR), Tether (USDT), USDC, and Sui (SUI).

The asset that has garnered the most investor interest is Ethereum (ETH), which recently surpassed the $4,600 mark, boosting market liquidity. It is on the verge of reaching an all-time high for the first time in about five years since 2021.

Tether (USDT) drew attention due to its acquisition deal with Nasdaq-listed video-sharing platform Rumble. Rumble plans to acquire Northern Data, a cloud computing company and subsidiary of Tether, through a strategic stock exchange. In the merger, Tether will exchange approximately 54% of Northern Data's shares for Rumble stock and has agreed to purchase GPUs from Rumble for several years. If the transaction is finalized, Tether is expected to become the largest single common shareholder of Rumble.

Sui (SUI) sparked investor enthusiasm after announcing it had completed a private investment deal worth $450 million with listed company Mill City Ventures. Mill City Ventures is the first publicly listed company to adopt Sui as a core financial strategic asset, and this transaction will allow multiple listed companies to access the Sui ecosystem.

Additionally, investors are showing interest in Monero (XMR), Surf (SURF), Scion (XION), and Polkadot (DOT).