Author: Socra, Golden Finance

On November 11, the token SUI of the Sui project on the L1 public chain hit a record high of $3.3. Its on-chain ecological project Cow Protocol (COW) was also launched on Binance 5 days ago, which made the community start to pay attention to the future possibilities of this new generation of public chains.

At the same time, Sui ecological tokens generally rose, such as CETUS, DEEP, NAVX and related meme coins. In this regard, some institutions predict that Sui will be included in the top ten trends in the development of the crypto industry in the next 12 months. So why can Sui lead the rise of major mainstream public chains, and what are the early popular projects on its chain that are worth paying attention to?

[Senator Warren will become the leading Democratic member of a committee critical to crypto policy] According to Mars Finance, Massachusetts Senator Elizabeth Warren will become the leading Democratic legislator on the U.S. Senate Banking, Housing, and Urban Affairs Committee starting in 2025 after winning re-election against Republican opponent John Deaton.

In a statement released by Senator Warren's office on November 13, Warren said she would serve as the senior member of the Senate Banking Committee against the Republican majority on the committee, replacing Ohio Senator Sherrod Brown, who lost the election on November 5. Warren and Brown are among the most outspoken cryptocurrency skeptics in the U.S. Congress, but Warren did not reveal in the statement whether she would continue this position in the next Congress.

The 2024 elections marked a significant turning point for the crypto industry, with a pro-crypto president-elect advocating for the U.S. as the "crypto capital of the planet," paving the way for a shift from regulatory enforcement to a clearer, more predictable regulatory framework that will facilitate mainstream adoption and innovation in the sector, says Christopher Perkins.