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, the SUI team took a moment to reflect on the significant milestones achieved since the platform’s inception this year, coinciding with an impressive 11% surge in its price. 🎉With the launch of Sui Mainnet, 2023 was a year that revolutionized blockchain tech. Reflect on the
The post SUI Token Rides 11% High With Reflective Glimpse At 2023 Achievements appeared first on The Merkle News.
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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 […]
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 […]
A buzz has been generated around a new layer one (L1) proof-of-stake blockchain initiative named Sui, following the network’s mainnet debut on May 3, 2023. The native token SUI has been listed on various cryptocurrency exchanges, drawing attention to the project. On the same day the network launched, SUI peaked at $2.16 per unit, but […]