CETUS Token Surges 27% as USDT-Backed Recovery Plan Restores Confidence
In a remarkable rebound, Cetus Protocol’s native token CETUS surged 27% to $0.1665 following the announcement of a comprehensive recovery plan for a $223 million exploit. The May 22 security breach, which initially caused a 40% crash in CETUS value, has been addressed through a multi-pronged approach involving cash reserves, token treasury assets, and strategic support from the SUI Foundation. This incident, ranked as 2025’s second-largest crypto theft after Bybit’s Q1 hack, demonstrates the resilience of well-structured blockchain projects when facing adversity. The recovery package notably includes USDT-denominated reserves, providing immediate liquidity and stability during the remediation process. Market participants have responded positively to the transparent communication and swift action from Cetus Protocol’s team, with trading volumes doubling since the announcement. This event highlights the growing maturity of decentralized finance protocols in handling security crises while maintaining token holder value - particularly through strategic use of stablecoin reserves like USDT for emergency coverage. The successful mitigation of this exploit sets a precedent for how liquidity providers can leverage treasury assets and foundation partnerships to overcome significant security challenges in the DeFi space.
Cetus Protocol (CETUS) Price Surges 27% Following Hack Recovery Plan
CETUS, the native token of sui blockchain’s largest liquidity provider Cetus Protocol, rallied 27% to $0.1665 after announcing full coverage of a $223 million exploit. The recovery package combines cash reserves, token treasury assets, and a strategic loan from the SUI Foundation.
The May 22 security breach, ranking as 2025’s second-largest crypto theft after Bybit’s Q1 incident, initially crashed CETUS by 40% in a single candle. Hackers exploited an open-source smart contract vulnerability, bridging stolen USDT and USDC to ethereum through compromised SUI wallets.
Market response turned decisively bullish upon confirmation of user fund restitution. Trading volume spiked as the protocol’s transparent recovery strategy restored confidence in its liquidity operations.
VeChain and Shiba Inu Show Bullish Signals as Unstaked’s AI Agents Emerge
VeChain’s partnership with Wanchain marks a significant leap in cross-chain connectivity, bridging VeChainThor with over 40 blockchains including Bitcoin, Ethereum, and Solana. This integration enhances liquidity and utility for assets like VET and VTHO, fueling optimism in the VeChain Price forecast.
Shiba Inu breaks past $0.000015, supported by a bullish MACD setup and whale accumulation. The technical pattern suggests sustained upward momentum, drawing market attention to SHIB’s potential rally.
Unstaked emerges as a dark horse, blending AI tools with a presale price of $0.010126 and projected 2,700% ROI. With $7.8 million already raised, its launch NEAR $0.1819 could redefine 2025’s investment landscape.
Tether and Tron Lead Stablecoin Payments Surge, Artemis Report Reveals
Tether’s USDT and the TRON blockchain dominate the burgeoning stablecoin payments sector, commanding 90% and 60% of transaction volume respectively. Ethereum, Binance Smart Chain, and Polygon trail as secondary settlement networks.
February data shows annualized payment flows reaching $72.3 billion across B2B, P2P, and commercial applications. Dollar-pegged tokens have evolved from crypto trading vehicles to mainstream payment instruments, with adoption rates surprising analysts given Circle’s USDC payments infrastructure ambitions.
The findings underscore how blockchain networks are reshaping global payments through near-instant, low-cost settlements. Traditional finance’s cross-border systems face mounting pressure as stablecoins capture market share across business and consumer use cases.
