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The SUI token experienced a 115% month-over-month gain in October and continues to appreciate as it emerges as a Solana competitor.

Sui Foundation partners with Franklin Templeton Digital Assets to drive blockchain-based innovation, supporting developers and expanding decentralized finance applications using the Sui blockchain protocol. The post Sui Partners with Franklin Templeton for Blockchain Development appeared first on Cryptonews.

The asset manager will support builders on Sui and pilot emerging blockchain technologies on the network.

The asset manager will support builders on Sui and pilot emerging blockchain technologies on the network.

In a strategic move, Sui Network, a fast-growing layer 1 blockchain known for its innovative use of the Move programming language, has partnered with Franklin Templeton Digital Assets, a global leader in asset management with over $1.5 trillion in assets under management.

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Key points of the news: Sui and Franklin Templeton have formed a strategic partnership to strengthen the blockchain ecosystem and support developers. Franklin Templeton, with experience in digital assets since 2018, will back projects like Deepbook, Karrier One, and Ika.

Sui Foundation partners with Franklin Templeton Digital Assets to enhance DeFi solutions on the blockchain.

Sui, a Layer-1 network, announced a new partnership with investment firm Franklin Templeton. This partnership includes capital investment in Sui and support for the firm's blockchain development.

The notable growth of the Web3 ecosystem on the Sui blockchain has bolstered the ongoing $SUI bull run, which is already in the price discovery phase.

Sui Foundation has recently made an important partnership agreement with Franklin Templeton Digital Assets, which will help develop DeFi solutions on the Sui platform. This will give the Sui ecosystem developers support and additional guidance in enhancing blockchain solutions and products.

Sui has partnered with Franklin Templeton Digital Assets to strengthen its ecosystem and advance blockchain-based technologies.

Sui has joined forces with Franklin Templeton Digital Assets in a bid to drive blockchain innovation and foster growth within the Sui ecosystem.

Sui collaborates with Franklin Templeton Digital Assets to bolster its blockchain ecosystem, highlighting projects like Deepbook and Karrier One, amid growing interest from global investment firms.

Sui partners with Franklin Templeton as its DeFi ecosystem grows, reaching $1.6 billion in total value locked this year. The post Sui partners with Franklin Templeton to boost DeFi innovation and ecosystem growth appeared first on Crypto Briefing.

The network was recently plunged into a multi-hour blackout, raising reliability concerns.

Sui Network experienced a brief outage due to a bug in congestion control. Swift action by engineers and validators restored operations within minutes, highlighting effective incident response.

Sui's ecosystem is evolving with the introduction of native stablecoins, reshaping DeFi and unlocking new opportunities. Explore the impact of USDY, AUSD, USDC, and FDUSD.

Cryptocurrencies dominate the global financial space with relentless surges. Amidst the optimism, attention turned to individual coins, with mixed actions. Meanwhile, Solana, SUI, and the new $QUANT stole the show for different reasons. Let us find out more. Solana targets further gains The alt hovers above $250 during this writing, exhibiting significant bullish momentum.

Earlier today, the Layer-1 blockchain Sui experienced a two-hour blackout, halting block production and rendering transaction processing impossible. This network outage led to a slight dip in SUI's price, falling from $3.73 to $3.64.

Sui Network resumed operations after a two-hour outage.

SUI's network had a two-hour network outage, followed by a shorter 29-minute block lag on November 21. The chain had an all-time high record for transactions per second, which led up to a bug for validators to produce and propagate blocks.

Sui Network experienced its first major outage Thursday, grinding the network to a halt for two hours due to a bug.

Sui, decentralized Layer-1 blockchain. faced a two-hour outage early on November 21 before recovering.