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.

TL;DR The Graph has introduced the GRC-20 data standard, designed to redefine how information is structured, shared, and connected across dApps in the Web3 ecosystem. Key features of GRC-20 include interoperability, allowing seamless token exchange across various blockchain networks, enhanced security with advanced protocols, and flexibility.

Why Utility Cryptos Were Triumphant This Week

Bitcoin (BTC) continued towards the $100,000 mark, rising to a new all-time high of $99,314 before declining to its current level of $99,124. BTC is now up 45% since Donald Trump was announced as the winner of the US elections.

Bitcoin Cash (BCH) added nearly 35% to its value in the past month and rallied 12% on Thursday, November 21. Bitcoin's (BTC) observed a rally to $98,384 early on Thursday, with BCH and other top cryptocurrencies tagging along for the ride.

As Bitcoin momentarily approaches the $100k milestone, the Litecoin rally is heading to challenge the $100 mark. Crossing over the $90 mark, a post-retest reversal plans for a bull run ahead in the LTC price trend.

Assessing if LTC has enough firepower to break through its immediate resistance amid strong bullish sentiment in the market.

The Graph advances from subgraphs to knowledge graphs as it hones the search options for Web3 developers.

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.

Rising TVL growth signals blockchain confidence, yet retail sell-offs weigh on INJ's price trajectory.

Story Highlights Litecoin price soared ~7% in 24 hours, reclaims the $90 mark. Technical indicators record a positive price action, highlighting further uptrend. Sustained bullish sentiment could push the altcoin to $100 this weekend. The Litecoin price has experienced a strong bullish recovery after recorded a bearish price action this week.

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.

The Sui network experienced an outage, halting block production for over 2 hours.

The downtime had immediate repercussions for Sui (SUI), the blockchain's native cryptocurrency with its value dropping 11%.

Sui Network dubbed the ‘Solana (SOL) killer,' suffered a major outage on November 21, which halted block production for over an hour.

For 51 minutes, blocks were not produced and transactions were not processed.

At press time, the SUI status page had confirmed that block production had resumed.

SUI price tanked after the incident but quickly recovered.

The downtime was caused by a bug in its transaction scheduling.

Decentralized Layer-1 blockchain Sui Network faced a major downtime with no blocks produced in the last few hours. The data from Suivision showed that the network faced a “major outage” as some validators faced problems with approving transactions.

TL;DR On November 21, 2024, the Sui blockchain experienced a significant outage, halting block production for over an hour and causing widespread concern among users and stakeholders. The outage led to an 11% drop in the SUI token's value, with major exchanges like Upbit temporarily disabling SUI deposits and withdrawals to protect users.

Layer-1 blockchain, Sui, has confirmed that its network is currently down and unable to process transactions. In a Nov. 21 statement, the team behind Sui identified the issue and announced that a fix would be deployed shortly.

Litecoin (LTC) has just formed a golden cross on its daily charts, igniting fresh interest in the cryptocurrency community, given Bitcoin's rise to new all-time highs.

The Sui blockchain experienced a significant outage today, halting block production for over an hour due to issues with validators, raising concerns about the network's stability and prompting investigations by the development team. The post Breaking: Sui Network Crashes for Over an Hour, Block Production Halted appeared first on Cryptonews.

The Sui Network is suspected to be down for more than two hours. The protocol has not produced any new transaction blocks since Nov. 21 UTC 9:15.

The Sui network has ceased block production for over two hours, leading to a sharp decline in the token's price. Data from suivision and suiscan indicate that block generation stopped at 09:15 UTC today, and the network has yet to resume normal operations.

Sui Network, a Layer 1 blockchain, has been down for nearly two hours. The team appears to be investigating the issue.