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Here is how some of your favorite assets concluded the week.

Following the cross-border market correction, the cryptocurrency market has added approximately $200 Billion to its valuation over the past week, indicating an increase in the bullish influence within the crypto space.

Two top-100 altcoins defied the crypto market downtick and witnessed big gains this week amid new fundamental developments. The decentralized Internet of Things (IoT) network Helium (HNT) announced on Friday that “two large US carriers” kicked off tests to unload their traffic onto the Helium MOBILE Network.

Sui (SUI), the layer 1 blockchain is making waves in the realm of cryptocurrency due to its impressive performance in recent days. Today on August 11, 2024, SUI has once again topped the crypto market with a notable price surge of over 11% in the last 24 hours.

The crypto markets have shown a huge disparity in recent times as the major tokens are fluctuating within a narrow range. The bulls are failing to elevate the levels, while the bears are waiting for the right time to enter.

SUI tops the crypto landscape as it skyrockets by 30% in the last 24 hours.

Sui Name Service in its recent X (formerly twitter) post informed the community that they are going to become a decentralized protocol. Sui Name Service or SuiNS launched on the main net in 2023 has gone through major updates a few months ago. This time, it brought more interesting news for its community.

Sui has surged by 38.57% since last Friday due to positive market developments and major news. Grayscale Investments launched two new crypto investment trusts, one including Sui, which boosted investor interest.

Amid this market volatility, the overall cryptocurrencies are experiencing a massive rally including top assets such as Bitcoin (BTC) and Ethereum (ETH). During this uptrend, SUI is making a wave following its bullish chart and significant price surge in the last 24 hours. SUI price analysis As of writing, SUI is trading near $0.

With the rising volatility in the cryptocurrency market, top tokens have recorded increased price action. However, with the recent market surge, the altcoin leader, Ethereum price has successfully reclaimed the $2.6K mark. This highlights a high possibility of a bullish rebound soon.

SUI price strongly recovered from $0.46 to $0.83 this week, registering an 80.5% rally. This sudden bullish turnaround can be attributed to the mid-week rebound in the crypto market and Grayscale's launch of a new SUI Trust fund.

SUI price impressed the market yesterday, noting the best performance among altcoins.

Despite the fears that the downtrend will continue, the crypto market resumes its bullish drive upward with the altcoin market showing the most significant gains. SUI is one of those tokens, gaining almost 31% in the past 24 hours as major cryptocurrencies like Bitcoin and Ethereum returned to pre-correction levels.

Can SUI's price reach a new all-time high? Discover the latest news and trends that could impact its future value.

The crypto prices today have mainly embarked upon an attention-nabbing upward momentum. Bitcoin (BTC) price pumped unprecedently to catch a hold above $61K.

Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed to make digital asset ownership fast, private, secure, and accessible. Consensus Mechanism- On Sui, consensus has a simple API: validators submit different user transactions to consensus concurrently, and the consensus outputs a consistent stream of transactions across all well-behaving validators zkLogin is a Sui primitive that enables you to send transactions from a Sui address using an OAuth credential, without publicly linking the two.

Here's a look at how SUI and TAO responded to Grayscale's product listing.

Mysten Labs' Chief Scientist, George Danezis, explains the development and impact of the Mysticeti consensus engine on the Sui blockchain.

Grayscale Investments, one of the world's largest crypto asset managers and exchange-traded fund (ETF) issuers has unveiled its latest offerings. On Wednesday, the company announced the launch of two new crypto mutual funds: the Grayscale Bittensor Trust and the Grayscale Sui Trust.

On a euphoric day in crypto markets, where most major coins posted big gains amid fading US recession, JPY currency and geopolitic risks, traders hunting for top crypto performers today were combing through the altcoin markets.

The two Trusts hold exclusively the cryptocurrencies with the same name.

The newly-launched trusts are available to eligible individual and institutional accredited investors.

A look at Trump's sons' "huge" DeFi announcement, Grayscale's two new crypto trusts, DePIN project Andrena raises $18 million and more.

Crypto giant Grayscale is launching new trusts for machine learning marketplace Bittensor (TAO) and smart contract platform Sui Network (SUI). In a new press release, the world's largest crypto asset manager says it's launching the new products due to growing consumer demand for diversification.