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Stablecoin issuer Circle has unveiled the Cross-Chain Transfer Protocol for the Sui Network and its users. The protocol is now live on the mainnet, allowing Sui Network developers, as well as their users, to transfer USDC across nine different blockchains, including Ethereum and Solana.
TL;DR SatLayer integrates with the Sui blockchain to expand Bitcoin's use in DeFi applications, allowing developers to secure dApps with Bitcoin's value and security. The collaboration strengthens the security of decentralized applications on Sui, a blockchain focused on fast transactions and scalability.
SatLayer's integration with Sui is aimed at providing developers with a new way of leveraging Bitcoin to secure decentralized applications.
In a recent announcement, Binance revealed that it would be delisting several tokens from its platform's spot trading pairs on December 20, 2024. The tokens to be delisted include SUI, HMSTR, BNT, CYBER, and AEUR. Following the news, the prices of these tokens have already begun to drop by almost 10%.
Binance is set to delist underperforming trading pairs for Sui (SUI), Hamster Kombat (HMSTR), Bancor (BNT), Cyber (CYBER), and Anchored Coins (AEUR). These tokens have experienced notable price drops recently following the announcement, with SUI down 6%, HMSTR down 10%, and others also recording a dip between 5% to 10%.
Sui Network, aka Sui Bridge has succeeded in integrating Circle's Cross-Chain Transfer Protocol (CCTP), allowing users to securely move their USDC stablecoin across Sui and nine other blockchain networks. This will significantly improve the interoperability and usability of USDC across multiple platforms.
The third week of December 2024 started on a mixed note for many altcoins, with some registering notable hikes while others keep consolidating. As a result, none of the top trending altcoins today have seen their prices increase by a significant figure.
Sui Bridge integrates Circle's Cross-Chain Transfer Protocol (CCTP) enabling seamless USDC transfers between Sui and eight other blockchains, enhancing interoperability and efficiency.
SUI price is on the verge of making history, with the potential to reach a new all-time high as it trades just 2% below its previous peak. If bullish momentum continues, SUI could break the $4.92 resistance and hit $5 for the first time by the end of December 2024.
Bitcoin (BTC) surged to a record high above $106,000, driven by President-elect Donald Trump's plans for a strategic Bitcoin reserve and a surge in institutional demand.
As the year draws to a close, Ethereum rivals are gaining traction in the cryptocurrency market. Investors are focusing on altcoins with high growth potential, expecting substantial returns before January 2025.
SUI came close to $5.
The SUI Network's decentralized finance (De Fi) ecosystem has achieved a groundbreaking milestone, with its total value locked (TVL) surpassing $1.79 billion. This surge highlights the network's rapid adoption, particularly driven by the dominance of its lending platforms, Sui Lend and NAVI Lending.
SUI's DeFi ecosystem hits a $1.79B TVL milestone, driven by SuiLend and NAVI Lending.
Sui has announced a strategic partnership with Ant Digital to tokenize RWAs with a focus on environmental, social, and governance (ESG) assets. The post Sui Blockchain and Ant Digital Partner to Tokenize ESG Assets appeared first on Cryptonews.
SUI momentum continues after recording a new all-time high (ATH) on Friday morning. The cryptocurrency surged 4.5% to near the $5 barrier for the second time this week, fueling investors' optimism about the token's future price action.
Sui's ecosystem showcases strong growth and metrics, solidifying its position in the DeFi landscape.
Sui announced today that it was partnering with Ant Digital Technologies and its subsidiary Zan to tokenize environmental, social, and government (ESG) RWAs.
The crypto market is busy with its usual ups and downs. SUI is powering through, hitting 431 million transactions in October and the SUI price prediction hints at a possible 75% rally. Polkadot, though facing a bearish trend, could see a significant upswing if it breaks past $4.15.
A branch of China's Ant Group and Sui will provide a Chinese solar material manufacturer with greater exposure with tokenized assets available onchain.
The cryptocurrency market in 2024 has been a year of contrasts, marked by significant milestones and lingering economic uncertainty.
Technical analysis of Solana, Sui, and Ava highlighting key patterns, potential price targets, and risks at critical price levels.
Sui is looking to bolster its traction in real-world assets tokenization, with a new partnership with Ant Digital Technologies and web3 plug-and-play tools provider ZAN.
Sui partners with Ant Digital for real world asset tokenization, integrating ESG assets into Web3 and expanding investor access globally. The post Sui expands its blockchain ecosystem with ESG backed RWA tokenization appeared first on Crypto Briefing.
