SUI Struggles to Grip $1.50 in 45% Slide Below All-Time Peak
The native token has succumbed to the negative market trend as it falls sharply below its year-high price.
Keep up with what's happening in the crypto world in real-time.
The native token has succumbed to the negative market trend as it falls sharply below its year-high price.
The stablecoin issuer First Digital Labs has announced its intention to debut its dollar-pegged token FDUSD on the Sui network. This collaboration is described as a “strategic alliance aimed at enhancing liquidity and efficiency of transactions.
TL;DR Mysten Labs and Playtron present SuiPlay0x1, a device that merges blockchain and traditional PC games. It will be equipped with the Playtron OS operating system and will be compatible with various hardware configurations. Scheduled for release in 2025, SuiPlay0x1 will support a wide range of games, including those from the Sui blockchain.
First Digital Trust, a stablecoin issuer based in Hong Kong, announced its plans to expand the US dollar-pegged FDUSD stablecoin to the Sui (SUI) blockchain.
Move-based blockchain Sui has announced the launch of its upcoming device, the SuiPlay0x1, in partnership with gaming startup Playtron.
The integration on Sui follows the expansion of the fourth-largest stablecoin on Ethereum and BNB.
Hong Kong-based stablecoins issuer First Digital Trust has announced plans to expand its token to the Sui blockchain. The dollar-pegged $3 billion FDUSD token had previously been available on Ethereum and BNB Chain.
The SuiPlay0x1 gaming device will be available in stores worldwide from 2025 onward to improve the adoption of the Sui network.
First Digital Trust's stablecoin, FDUSD, is expanding to the Sui network after previous expansions to Ethereum and BNB Chain.
TL;DR FDUSD Expansion: First Digital Trust's FDUSD stablecoin is now integrated with the Sui blockchain, enhancing the DeFi ecosystem and reinforcing its position as a leading stablecoin. Regulatory Compliance & Growth: FDUSD adheres to Hong Kong's digital asset regulations and is backed by U.S. Treasury bills and bank deposits, maintaining a stable $1 value.
First Digital Trust, headquartered in Hong Kong, has recently announced a significant expansion of its FDUSD token, valued at $3 billion, onto the Sui blockchain. This strategic move follows the token's previous availability on both Ethereum (ETH) and BNB Chain (BNB), marking a pivotal step in extending the token's accessibility and utility within the cryptocurrency
The SuiPlay0x1, a handheld gaming device developed by Playtron and Mysten Labs, aims to revolutionize the industry by offering native Sui blockchain integration, compatibility with multiple game stores, and token incentives to drive adoption
FDUSD has quickly become the fourth-largest stablecoin since its launch in July under Hong Kong's digital asset regulations, benefitting from crypto exchange giant Binance's trading promotion.
TL;DR dWallet Network partners with Mysten Labs to introduce native multi-chain DeFi to the Sui ecosystem, including native support for BTC and ETH. The collaboration leverages dWallet's decentralized technology and the 2PC-MPC protocol to offer seamless interactions between blockchains. This partnership is expected to catalyze innovation and mass adoption of DeFi in the ecosystem.
Sui blockchain's partnership with dWallet Network introduces native Bitcoin and Ethereum transaction capabilities for DeFi applications
The burgeoning world of Decentralized Finance (DeFi) has witnessed a rollercoaster ride for newcomer Sui, a Layer 1 blockchain designed to scale DeFi applications. After a stellar start to 2024, Sui's Total Value Locked (TVL) – a metric reflecting the total value of crypto assets deposited in its DeFi protocols – surged to a record $724 million in late March.
On March 28, Sui recorded an historic milestone, crossing over $700 million in TVL. However, the DeFi protocol festivities were short lived as it quickly stepped on a slipping slope, evidencing the ongoing market contrast.
Space and Time integrates Sui's RPC 2.0, offering developers a robust toolset for seamless and secure access to on-chain data.
The Layer 1 blockchain's new RPC 2.0 service will provide Space and Time's developers with a faster, easier and more secure way to query and retrieve on-chain data on the Sui Network.
Although Sui's price dropped by 70%, it is still finding its way to the top 100 cryptocurrencies based on market value. In this article, you will discover Sui's DEX volume, achievements, and progress in the DeFi space.
TL;DR DeepBook Launch: Sui blockchain's first native liquidity layer, DeepBook, has launched its native token, DEEP, aimed at institutional and professional traders to enhance DeFi liquidity. DEEP Token Benefits: DEEP token holders can enjoy volume-based fees, maker incentives, and governance participation in liquidity pools, supported by DeepBook's on-chain central limit order book.
DRIFE, a Web3 Mobility infrastructure provider, and the first ride-hailing decentralized application to operate in India and the UAE, has announced its integration with Sui, a Layer 1 smart contract platform and Blockchain. DRIFE with this move, aims to offer a seamless, simplified onboarding process for ride hailing users and ecosystem partners.
The token suffered a double-digit price decline, joining the ranks of the top losers in the ongoing downward market trend.
NAVI Protocol has unveiled the NAVI X Ecosystem Fund meant to bolster the growth and ingenuity of Sui blockchain's (SUI) decentralized finance (DeFi) and Move-based ecosystem, as per the information shared with Finbold on April 2.