If we turn the clock back a month, then the top crypto gainers are the unlikely pairing of SUI and Litecoin. Both tokens were down on the year but turned a corner when the equinox hit, with the Litecoin price up a healthy 16% in the month, but SUI grabbing headlines with a massive 260% gain. However, the biggest of the top crypto gainers has been Lunex Network, a new
Worldcoin (WLD) is currently navigating a challenging market, trading at $1.84 after a 6.87% decline in the past 24 hours. With a market cap of approximately $945 million, it ranks #69 among cryptocurrencies. The trading volume has also dipped significantly, down 26.65% to about $190 million, yet the volume-to-market cap ratio of 20.10% indicates that trading activity remains robust despite the downturn. Recent sell-offs, particularly a notable deposit of $265K
After a week of uncertainty, the crypto market is back to life, with Bitcoin on the path of retesting the $65K mark. Meanwhile, the global crypto market cap has surged to $2.1T, with popular altcoins heading to the moon. Cutoshi presale, which sharted a few weeks ago, has hit over $300K within a short time to signal wide acceptance in the market. Also, Shiba Inu market activity has continued to
The Sui Foundation has recently unveiled its support for native USDC on the Sui network, marking a significant development in the decentralized finance (DeFi) landscape. NAVI, the leading DeFi and liquidity protocol on Sui, is set to integrate Circle’s USDC from day one, boasting an impressive $120 million in USDC liquidity—making it the third-largest supply of USDC in the industry, following Aave and Compound. This integration is poised to enhance
Charles Hoskinson, the founder of Cardano, recently commended the Sui Network for its impressive advancements and innovative contributions to the blockchain industry. He particularly recognized George Danezis, co-founder of Mysten Labs, for his pivotal role in developing Sui, which has the potential to achieve notable success in the sector. Launched in 2023, Sui is a Layer-1 blockchain designed to streamline and improve the development of Web3 applications. It employs the
Sui, the cutting-edge Layer 1 blockchain, has made waves by surpassing the $1 billion mark in Total Value Locked (TVL), now ranking as the 8th largest blockchain in the space. This impressive growth, over 2700% in just a year, is fueled by its innovative features like the DeepBook central limit order book and a thriving developer ecosystem. With a strong focus on decentralized finance (DeFi), Sui has outpaced established players
After successful launches on other major networks, AUSD has deployed on Sui, tapping into the scalable, high-performance network and strengthening Sui’s stablecoin ecosystem. Agora, the stablecoin company led by early-stage finance and technology industry veterans Nick van Eck, Drake Evans, and Joe McGrady, has launched its industry-disrupting AUSD stablecoin on Sui, the Layer 1 blockchain offering industry-leading performance and infinite horizontal scaling. AUSD adds a key dimension to Sui’s surging list
Layer 1 blockchain Sui has experienced a substantial surge in value in the last week, surpassing the majority of the top 100 alternative cryptocurrencies. Sui’s price surged from $0.45 to $1.12 on August 5th, resulting in a 150% increase within a week. In May, Sui released 1.04 billion SUI tokens, representing 10.4% of the maximum supply and 39% of the market capitalization at that moment. Regular unlocks are planned weekly
The Sui Foundation has announced the integration of Amazon Web Service’s (AWS) Blockchain Node Runners on Sui, offering developers a self-managed node deployment solution. This allows builders to set up and deploy Sui full nodes within the AWS environment, benefiting from the high availability, scalability, and reliability of AWS’s robust cloud infrastructure. AWS Blockchain Node Runners simplifies the process of running blockchain nodes, allowing users to easily deploy, scale, manage,
The crypto market is in a state of calm, poised on the brink of what many predict will be the next big bull run. Altcoins, while currently at lows, are seen as ticking time bombs ready to explode in value at any moment. With keen market observers keeping a close eye, the potential for massive gains is palpable. Knowing which altcoins to invest in before the surge can make the
Austin, Texas, May 29th, 2024 Agora brings to Sui an exceptional blend of technology, financial markets, and operations experience paired with blue-chip traditional finance partners and backers. Sui, the Layer 1 blockchain offering industry-leading performance and infinite horizontal scaling, announced the launch of stablecoin AUSD on the network, set to occur in July 2024. With this strategic deployment, which is only available on select chains, AUSD becomes the second native
Grand Cayman, Cayman Islands, May 3rd, 2024 Protocol launches, growth trajectory, and industry-leading technology point toward more success to come On the first anniversary of Sui’s Mainnet launch, the Sui community is celebrating a landmark year that saw it rise from a nascent ecosystem to the top tier of Layer 1 blockchains, amassing household name partners and shipping multiple technology breakthroughs in the process. In the build-up to its launch