Sui

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Dragonfly-Backed Stablecoin, Agora, to Launch Natively on Sui

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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. … Read more

SUI Launches Global Hackathon As TVL Surpasses $1 Billion

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SUI has kicked off its first-ever global Hackathon, a move that’s poised to positively impact both its price and the projects within its ecosystem. Historically, blockchain incentives like these tend to boost market sentiment and project development, and SUI appears to be following this trend. #SUI has launched their first Hackathon, globally! Every time a … Read more

Aptos Reaches Milestone, Processes Over 95 Million Daily Transactions

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The Aptos blockchain reached a milestone in its history, processing over 95 million in a single day. According to data provided by Artemis, a blockchain statistics platform, the number broke an L1 industry record on May 24, pushed by the tap to earn game Tapos, in which each tap or click constitutes a transaction. Aptos … Read more

Sui Surpasses Solana in Daily Transactions Amidst Spam Token Frenzy

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Sui, a scalability-focused blockchain, has surpassed Solana, a top 10 cryptocurrency network, in activity levels, registering 41 million transactions on April 3. The activity overheating on Sui is caused by ‘spam’, a Sui native token designed to stress test the network’s capabilities, assigning tokens to users equivalent to the number of transactions issued. Sui Surpasses … Read more

Mysten Labs Announces Suiplay0x1, a Web3 Enabled Gaming Handheld

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Mysten Labs, the company behind the development of Sui, a proof-of-stake blockchain project, has announced it is working on developing Suiplay0x1, a Web3-enabled gaming handheld. The organization did not reveal hardware specs but did state that the device would be able to run several app stores at once thanks to Playtron’s Playtronos, a device-agnostic gaming … Read more

First Digital Labs to Launch FDUSD on L1 Blockchain Network Sui 

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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.” FDUSD to Integrate With Sui Blockchain First Digital Labs, the issuer and asset manager of the fourth-biggest stablecoin in … Read more

Sui Token Surges In TVL, Surpassing $418 Million And User Engagement Spike

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Token Terminal’s latest report highlights Sui’s remarkable performance as its Total Value Locked (TVL) surpasses $418 million, securing its position among the top 10 cryptocurrencies.  Within just 30 days, Sui has witnessed an impressive 86% surge in TVL, reflecting growing investor confidence and participation. The platform boasted an average of over 20,000 active users daily … Read more

SUI Token Rides 11% High With Reflective Glimpse At 2023 Achievements

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At the forefront of the crypto arena, SUI, often hailed as the “Solana killer,” serves as the native cryptocurrency for the Sui layer-1 blockchain platform. Since its mainnet launch in May 2023, the platform has stood out by delivering swift processing, exceptional scalability, and cost-effective transactions, all facilitated by Move, a Rust-based programming language. Today, … Read more