The SUI ecosystem has emerged as a focal point for investor attention this October, setting multiple records and outperforming many of its altcoin peers. While numerous cryptocurrencies struggle to maintain recovery momentum, SUI had achieved new all-time high of $2.16, showcasing its robust market performance. CoinMarketCap data reveals that the
The Sui Foundation has recently announced support for native USDC on the Sui network. NAVI, the inaugural and leading DeFi and liquidity protocol on Sui, announced that it would integrate Circle’s native USDC asset on DAY 1. This represents the third biggest USDC supply in the sector, after Aave and Compound, with
At the recent Token2049 event, the Sui Foundation made a significant announcement regarding the imminent support for native USDC on the Sui network. Currently, NAVI stands as the top DeFi protocol on Sui, with $120M in USDC liquidity. This constitutes the 3rd largest USDC supply in the industry, next to
The cryptocurrency market turned bullish at the beginning of this week garnering attention to price actions. Leading cryptocurrencies moved to previous resistance levels and have led speculations for the beginning of the Uptober bull run. Meanwhile, a recently rallying altcoin, SUI has resumed its bullish rally after a recent downward
Thailand, Bangkok, 7th October 2024, Chainwire
Once again, Charles Hoskinson, founder of Cardano, has criticized the Solana network and lauded the Sui network. Despite Hoskinson’s effusive appreciation for Sui, he insisted that Cardano is still the number one and provided reasons for his belief. A top layer-1 blockchain, Solana, isn’t the best choice. Cardano’s founder said
The U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) are backing a class action lawsuit against Nvidia that has been revived, according to recent reports. The legal case revolves around claims that Nvidia manipulated its sales related to the cryptocurrency mining sector. In an amicus brief
The crypto market’s attempt to wriggle out of the bearish grasp has not yet succeeded as prices have shown significant dips. While leading cryptocurrencies struggle to show 24-hour gains, other altcoins have also taken downward movements. Notably, the altcoin SUI after significant price increases has dipped by 6% in the
Grand Cayman, Cayman Islands, 1st October 2024, Chainwire
In the past 24 hours, the global crypto market has seen a 0.95% decrease, bringing the total market capitalization to $2.25 trillion. However, the market’s trading volume surged by 31.83%, reaching $81.14 billion. The total volume in DeFi currently stands at $4.6 billion, accounting for 5.67% of the total crypto
