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In the rapidly evolving world of cryptocurrencies, identifying the next big winners is crucial. However, in a recent YouTube video, Crypto Banter highlighted the top 10 altcoins set to rally this cycle. Crypto expert analyzes his top altcoin picks for the current cycle, highlighting his highest conviction bets and the factors driving their potential success.
Agora, a stablecoin company that recently raised $12 million in its Series A funding round led by Dragonfly, has announced that it will launch its AUSD token natively on Sui. The company aims to produce a better stablecoin focusing on emerging markets, and sharing the revenue obtained with partners integrating AUSD in their services platforms.
Atoma's AI network integrates with Sui Blockchain, enhancing capabilities for DeFi, gaming, and more.
This marks the introduction of Sui's second native stablecoin, following FDUSD. AUSD is expected to significantly enhance Sui's liquidity and market efficiency, providing a more robust financial infrastructure.
Sui Basecamp 2024 demonstrated NFT engagement through Nami Bags.
TL;DR Record-Breaking Transactions: Aptos Blockchain, developed by former Facebook engineers, set a new record with 115.4 million transactions in a single day on May 25, surpassing the previous L1 record by over 50%.
Token unlock involves releasing tokens that were previously blocked under fundraising terms. Projects carefully schedule these releases to avoid market pressure and prevent a drop in token prices.
TL;DR Major token unlocks from Optimism, dYdX, and Sui are coming: These projects, along with others, are releasing a combined total of over $376 million worth of tokens in the next few weeks. This surge in circulating supply could lead to price volatility in the crypto market.
Check out which are the newest trading pairs available on Binance Spot.
SUI Network is expanding and closing on a $1B total value locked (TVL). SUI is one of the later arrivals in DeFi, growing its list of projects in the past 12 months.
The debut of Mysticeti on Testnet marks a monumental achievement. Sui's Mysticeti reduces consensus latency to 390ms, an 80% decrease from Narwhal-Bullshark.
Sui price has witnessed a significant price recovery in the past week, following the launch of its Mysticeti upgrade on the mainnet. The Mysticeti upgrade provides a breakthrough in consensus latency and transaction speeds and it has positioned Sui as one of the fastest blockchains, driving market confidence and user adoption.
The crypto market is buzzing with potential, particularly with five promising Layer 1 platforms challenging Ethereum. Solana (SOL), Cardano (ADA), Toncoin (TON), Sui (SUI), and Injective (INJ) are some of the Ethereum rivals with remarkable growth indicators.
The Sui Network is extending its overall bullish price trend after it announced a major upgrade that just went live on its testnet. Taking to the X platform, Sui Network revealed that it has launched the Mysticeti upgrade on the mainnet.
Sui network, a layer 1 blockchain has recorded a new milestone leading to a 10% surge in SUI price in the last 24 hours. The blockchain has surpassed 1 million active wallets following a bullish drive in the market and increased adoption.
This significant achievement underscores the platform's growing popularity and widespread adoption within the cryptocurrency community. The platform's infrastructure and architecture handle increasing blockchain demand, empowering secure and efficient digital asset transactions.
Coingecko recently conducted a study on blockchain performance, revealing that Solana, SUI, and Binance Smart Chain (BSC) are the fastest among major blockchains.
SUI has encountered challenges in keeping pace with market recoveries and maintaining its foothold amidst turbulent waters. However, amidst the uncertainty, there lies an opportunity to unlock SUI's full potential and chart a course towards sustainable growth and resilience.
The SUI price has displayed a jump of approximately 3% with a trading volume of $267.202 Million (+11.24%) over the past 24 hours after recording a correction of 15.30% during the past 30 days and 2.86% within the past seven days.
For investors looking to build out a digital asset portfolio, here are three tokens to buy with big upside potential relative to their risk.
A look at the top three mobile wallets on the Sui blockchain ecosystem: Surf Wallet, Nightly, and Sui Wallet.
Sui, SUI in the year 2024 has been proactive, the asset hit an all-time high of $2.18 in March 2024. The recent Onchain data of Sui Network shows a rise in its daily active addresses and an increase in transactions to 800 TPS, randing from 10,871 TPS to 297,000.
TL;DR Revolutionary zkLogin: Sui has enhanced its zkLogin system with multi-signature recovery, allowing users to recover accounts seamlessly, even if the credential issuer or application is inactive. This update includes social login integration from platforms like Google, Facebook, and Apple.
Sui's zkLogin evolves with new multi-signature recovery and Apple account support. These updates expand user options and introduce a robust new method for account recovery.
