The United States has taken a tougher stance on prediction markets this time, with the Department of Justice and CFTC directly suing three states. The message is clear: they do not intend to easily relinquish regulatory authority. For trading participants, the short-term focus is on emotional fluctuations; for on-chain ecosystems, the real potential lies in public chain narratives that can capture prediction market traffic and application entry points. Assets like $SUI are more likely to be used by the market for extended trading.