The Router Chain platform has added the Sui network to its growing list of cross-chain ecosystems, enabling users to seamlessly move tokens between Sui and EVM chains.

Bitcoin (BTC) has registered a sharp decline as its march to $100,000 faced a significant setback as the price slipped below $95,000. BTC is down almost 4% over the past 24 hours and trading at $94,351, with sellers in control.

Thanks to a new feature called Babylon staking, Sui is tapping into Bitcoin's massive $1.9 trillion market. This opens the door for DeFi activities like lending, borrowing, and more.

Babylon Labs and Lombard Protocol have jointly unveiled a strategic initiative aimed at integrating Bitcoin with Sui, the Layer 1 blockchain and smart contract platform. This collaboration seeks to onboard bitcoin liquidity into the Sui ecosystem, enhancing decentralized finance (defi) with LBTC as a core collateral asset.

Avalanche has just welcomed its largest software update ever hosted, with a dedicated launch on the Fuji testnet.

The Sui Foundation has announced a partnership with Babylon Labs, Lombard Protocol, and Cubist to integrate Bitcoin into the Sui ecosystem.

Starting in December, Bitcoin holders will have the ability to stake their BTC through the Bitcoin layer-2 network Babylon.

Story Highlights The Avalanche price retests the $45 mark, eyes to hit $50. The EMA 50/200-day record a Golden Cross in the daily time frame, highlighting a higher target. The AVAX price has soared over 70% during this month. The AVAX token has maintained its bullish price action despite increased price volatility.

The Sandbox (SAND), a prominent player in the metaverse space, has caught the attention of crypto investors with a significant 53.39% surge over the last 24 hours, pushing its price to $0.6112. This sudden increase in price has been accompanied by an astronomical 557.67% rise in trading volume, now reaching $1.87 billion.

This week's crypto calendar is packed with major events, as Sonic Labs is about to launch its L1 mainnet, the Avalanche Etna update went live, Jupuary voting began for Jupiter, and more.

Avalanche is going through its largest upgrade since the mainnet launch, unlocking more than $40 million in retroactive rewards.

Sui is entering the Bitcoin staking market through partnerships with Babylon Labs and Lombard Protocol. The collaboration between Sui (SUI), Babylon and Lombard targets the $1.8 trillion Bitcoin (BTC) market, with staking a major attraction for users.

Sui, the emerging Layer 1 blockchain, is set to launch Bitcoin staking in December, marking a significant step toward integrating Bitcoin into decentralized finance (DeFi).

Bitcoin's failure to cross above $100,000 could extend the current price pullback. The real question is whether or not bulls will buy the dip.

The Avalanche Foundation will disburse $40 million in retroactive grants as the new upgrade hits testnet ahead of a planned 2025 launch.

The Sandbox has experienced a strong upswing over the past 24 hours to outperform major coins!

Also launching Monday is Retro9000, a grant program of $40 million to reward builders developing Layer 1 blockchains and other tools on the Avalanche9000 testnet.

Avalanche's largest upgrade to date, Avalanche9000, went live on testnet Monday. The upgrade is designed to cut costs of sending transactions and operating validators, making it easier to build apps on the network.

Bitcoin rally stalls as few altcoins lead the day's gains.

Sui integrates Bitcoin for liquid staking with Babylon and Lombard, tapping into BTC's $1.8T market. The post Sui taps Bitcoin's $1.8 trillion market with liquid staking integration appeared first on Crypto Briefing.

Starting in December, Bitcoin holders will be able to stake BTC on Babylon, a Bitcoin layer-2, from the Sui network.

TL;DR Sui integrates Bitcoin liquidity by creating $LBTC, a native token of its blockchain. Bitcoin holders will be able to participate in Sui's DeFi ecosystem without having to sell their BTC. The integration of $LBTC will open up new opportunities for lending and financing platforms on the Sui network.

Michael Sonnenshein and Kevin Weil will help bolster Aptos's growth in artificial intelligence, institutional adoption and other endeavors.

Sui Network's record 4.64 billion transactions in 2024 signal strong growth, pushing SUI's price to $3.42 with bullish momentum.

Michael Sonnenshein, the former CEO of Grayscale Investments, has joined Aptos Labs as an adviser alongside OpenAI's chief product officer, Kevin Weil. Aptos Labs said it will harness Sonnenshein's knowledge to bring more traditional financial institutions to the network.

TL;DR This week, token unlocks in the crypto ecosystem will exceed $980 million, distributed across networks and protocols with different release models. Sui (SUI) leads cliff unlocks with $213.77 million in tokens, while Solana dominates linear releases by unlocking $131.69 million in assets.

Bybit, the world's second-largest crypto exchange by trading volume, has announced the launch of Sui Wonderland 2024, a landmark initiative aimed at driving engagement and innovation within the Sui blockchain ecosystem. The campaign integrates airdrops, staking programs, and trading opportunities, making it easier for users to participate in the dynamic Web3 landscape.

The Sandbox (SAND) doubled its price in a week, while Animoca Brands deposited 26M SAND tokens on Binance in the past 30 days.

Non-fungible tokens are gradually rebuilding momentum with MANA and SAND now soaring to new weekly highs.

Story Highlights The live price of the AVAX crypto token is . Avalanche price may reach a maximum of $100 by the end of 2024. With a potential surge, the AVAX coin price may achieve a high of $528 mark by 2030.

The Sandbox (SAND) continued its bullish trend, hitting a new yearly high of $0.86 during Monday's early Asian session. However, it has since pulled back by 14%, trading at $0.76 at press time.

The price of Avalanche (AVAX) has risen to a high of $45.07, continuing its uptrend. Cryptocurrency price analysis brought by Coinidol.com.

Story Highlights The live price of the Sandbox token is . SAND price could hit its potential high of $1.08 in 2024. Sandbox price with a potential surge could go as high as $5.69 by 2030. The crypto sphere turned over a leaf of its directory in the bygone year.

The Sandbox (SAND) token has broken its long-term downtrend with a 53.39% surge to $0.6112, accompanied by a 557.67% increase in trading volume to $1.87 billion and a 134.61% spike in open interest, suggesting strong market confidence in further upside potential.

SAND's breakout and bullish signals suggest the metaverse rally might be reigniting.

Sui (SUI) dominates the upcoming cliff-based token unlocks this week with 64.19 million tokens valued at $213.77 million, representing 2.26% of its circulating supply. The protocol leads a fleet of unlocks scheduled between November 25 and December 2.

DOGE, XRP and XLM are the most traded cryptocurrencies on Upbit since Donald Trump's election victory. The latest activity points to a pivot toward metaverse tokens.

With the broader market recovery, the altcoin segment has been set ablaze. In this heating demand, the Metaverse tokens are making a comeback. With Decentraland and Sandbox tokens surging nearly 200% in the past three weeks, the bull run is aiming for an extended rally.

Recently Kyle Doops, host of Crypto Banter's Trading Show, has revealed many new altcoins that weren't part of previous market cycles. While altcoins haven't yet broken out, he sees strong signs of a potential surge. Kyledoops believes that once key resistance levels are breached, dips could present buying opportunities.

The GameFi and Metaverse sectors have taken charge of the next leg of the crypto market rally with The Sandbox (SAND) price gaining almost 100% in the last 2 days. Apart from SAND, other market players like Decentraland (MANA), Gala (GALA), and Axie Infinity (AXS) have also staged strong gains over the past week.

The non-fungible tokens (NFTs) sector has seen prolonged underperformance as trends such as meme coins, RWA, and AI dominate the cryptocurrency marketplace. However, the emerging bull run, where Bitcoin stares at the $100,000 milestone, has invigorated each sector. CryptoSlam data shows NFTs performed well over the past few sessions.

For quite a long time, NFT space remained under shadows as the newly created space has dominated the crypto markets. Moreover, the rising interest of the market participants in memecoins had prevented the other segments of the crypto space to thrive.

As Bitcoin (BTC) closed the third consecutive week in the price discovery phase, the altcoin space gained significant bullish sentiment. During the past week, the altcoin market – led by Stellar Lumens (XLM), Decentraland (MANA), and The Sandbox (SAND), among others – registered palpable gains.

Bitcoin sellers take the upper hand as BTC struggles to rally to $100,000. What will altcoins do?

This unprecedented record has sparked talks of a potential price surge.

SAND, the token powering the metaverse platform The Sandbox, has seen a meteoric rise, surging 55% in the past 24 hours. This performance far outpaces leading assets like Bitcoin and Ethereum, which each gained just 1% during the same period.

Optimism (OP) has experienced a market rebound in the past week gaining by 35.76% based on data from CoinMarketCap. The Ethereum layer-2 token hovers above $2.20 with investors strongly bullish on future price gains.

Widely followed crypto trader Rekt Capital says that Ethereum (ETH) rival Avalanche (AVAX) is positioning itself for another big rally to new price targets. Rekt Capital tells his 514,000 followers on the social media platform X that AVAX has turned the $38.