Hyperliquid's HYPE token launch sparked $1 billion in USDC inflows, driving its Total Value Locked to $3.4 billion. Investor confidence and platform activity continue to surge.

The new service is available "starting with" US companies paying contractors in 69 countries.

Sui Network, aka Sui Bridge has succeeded in integrating Circle's Cross-Chain Transfer Protocol (CCTP), allowing users to securely move their USDC stablecoin across Sui and nine other blockchain networks. This will significantly improve the interoperability and usability of USDC across multiple platforms.

Wormhole extends support for Circle's Cross-Chain Transfer Protocol, enabling seamless USDC transfers across major blockchains with enhanced liquidity and developer integration.

The third week of December 2024 started on a mixed note for many altcoins, with some registering notable hikes while others keep consolidating. As a result, none of the top trending altcoins today have seen their prices increase by a significant figure.

Since launching its native token, HYPE, on Nov. 29, Hyperliquid has experienced a surge in activity, recording over $1 billion in USDC net inflows.

Ripples RLUSD stablecoin, backed by U.S. dollar deposits and operating on both Ethereum and XRP Ledger, enters the market as a competitor to USDC and USDT. With regulatory trust and global expansion plans, RLUSD targets institutional adoption for payments and liquidity.

Hyperliquid's surge is driven by its community-first approach, with its native HYPE token soaring 774.73% in just one month.

SUI price is on the verge of making history, with the potential to reach a new all-time high as it trades just 2% below its previous peak. If bullish momentum continues, SUI could break the $4.92 resistance and hit $5 for the first time by the end of December 2024.

Bitcoin (BTC) surged to a record high above $106,000, driven by President-elect Donald Trump's plans for a strategic Bitcoin reserve and a surge in institutional demand.

As the year draws to a close, Ethereum rivals are gaining traction in the cryptocurrency market. Investors are focusing on altcoins with high growth potential, expecting substantial returns before January 2025.

Blockchain network Hyperliquid has recorded over $1 billion in net inflow of USDC stablecoin since its airdrop on November 29. According to data from SpotOnChain, the number of USDC within the network deposit bridge doubled over the last 17 days, increasing to $2.09 billion USDC.

Hyperliquid also announced Monday that it has reached a new all-time high in open interest of above $4.3 billion.

SUI came close to $5.

World Liberty purchased ONDO tokens at an average price of $1.83 and the large acquisition led to a short-term price surge for ONDO. The post Trump Family Crypto Project World Liberty Purchased ONDO Using USDC: Arkham appeared first on Cryptonews.

The SUI Network's decentralized finance (De Fi) ecosystem has achieved a groundbreaking milestone, with its total value locked (TVL) surpassing $1.79 billion. This surge highlights the network's rapid adoption, particularly driven by the dominance of its lending platforms, Sui Lend and NAVI Lending.

SUI's DeFi ecosystem hits a $1.79B TVL milestone, driven by SuiLend and NAVI Lending.

Sui has announced a strategic partnership with Ant Digital to tokenize RWAs with a focus on environmental, social, and governance (ESG) assets. The post Sui Blockchain and Ant Digital Partner to Tokenize ESG Assets appeared first on Cryptonews.

SUI momentum continues after recording a new all-time high (ATH) on Friday morning. The cryptocurrency surged 4.5% to near the $5 barrier for the second time this week, fueling investors' optimism about the token's future price action.

Sui's ecosystem showcases strong growth and metrics, solidifying its position in the DeFi landscape.

Sui announced today that it was partnering with Ant Digital Technologies and its subsidiary Zan to tokenize environmental, social, and government (ESG) RWAs.

The crypto market is busy with its usual ups and downs. SUI is powering through, hitting 431 million transactions in October and the SUI price prediction hints at a possible 75% rally. Polkadot, though facing a bearish trend, could see a significant upswing if it breaks past $4.15.

This week's Crypto Biz also explores Microsoft's board's stance on Bitcoin, JPMorgan's revision of mining stocks, MARA's new BTC purchase and upcoming listings of crypto firms.

A branch of China's Ant Group and Sui will provide a Chinese solar material manufacturer with greater exposure with tokenized assets available onchain.

The cryptocurrency market in 2024 has been a year of contrasts, marked by significant milestones and lingering economic uncertainty.

Technical analysis of Solana, Sui, and Ava highlighting key patterns, potential price targets, and risks at critical price levels.

Sui is looking to bolster its traction in real-world assets tokenization, with a new partnership with Ant Digital Technologies and web3 plug-and-play tools provider ZAN.

Sui partners with Ant Digital for real world asset tokenization, integrating ESG assets into Web3 and expanding investor access globally. The post Sui expands its blockchain ecosystem with ESG backed RWA tokenization appeared first on Crypto Briefing.

Sui (SUI) is on a remarkable upward trajectory, exhibiting strong bullish momentum. On December 12, it surged to a new all-time high of $4.91, fueled by a 30% gain over 24 hours, making it one of the top-performing digital assets in the market.

Since coming onto the scene in mid-2023, Sui ($SUI) has wowed the crypto space as a technologically advanced layer 1 that can compete with all others. How high can $SUI go?

Over the past few days, SUI has been on an upward trajectory, fueled by increasing demand and a strong bullish sentiment among investors. During Thursday's early Asian session, the Layer-1 coin clinched an all-time high of $4.87.

Sui's latest collaboration with Ant Digital Technologies and ZAN focuses on bringing environmental, social, and governance-backed assets to the blockchain.

SUI rallied to new ATH, but can it sustain this momentum and aggressive volumes amid volatile sentiments?

The Sui token has gained significant attention in the crypto market with its impressive price rally of over 800% in about 100 days. Notably, this altcoin has surged ~120% since 01st November, highlighting increased adoption. However, investors are curious to understand what's fueling the Sui price rally this month.

In a somewhat atypical development in the cryptosphere, on Thursday a clutch of coins and tokens surged in price while the leading one sagged on the day.

SUI's price has been making headlines recently, as it surged dramatically to a new all-time high (ATH) of $4.86, signaling massive investor confidence. Over the past few days, the price has risen by 35%, driven by an impressive spike in trading volume.

SuperForm is driving a bridge between TradFi and DeFi with its new SuperUSDC product.

Leading crypto exchange Binance and stablecoin issuer Circle are teaming up to expand the adoption of USDC. In a statement, Binance says the strategic partnership, which was announced at the Abu Dhabi Finance Week on Wednesday, will make USDC more available across its suite of products and services.

The price of the native token of the Layer-1 blockchain Sui (SUI) has soared by more than 23.8% in the last 24-hour period to now stand at $4.69, after hitting a new all-time high around $4.9 following an announcement on the integration of Backpack with the Sui network.

Superform, backed by Circle and VanEck, has launched a product that automatically finds yield opportunities in DeFi.

SUI price hits a fresh all-time high with soaring open interest suggesting a strong rally for the altcoin with analysts predicting a breakout above $5 and a rally to $10.

TL;DR Sui (SUI) reached a new all-time high of $4.86 on December 12, 2024, following a 25% rally driven by the integration of the Backpack exchange and wallet. The integration boosted Sui's DEX volume to a record $466 million in a single day, enhancing user experience and liquidity on the platform.

SUI, the native token of the Layer-1 blockchain Sui, has been on a tear over the past 24 hours. Its price reached a new all-time high of $4.91 during Thursday's early Asian session amid an uptick in trading activity.

Sui, the native token of the Sui blockchain, has shown significant growth in recent months, claiming a new price peak during the latest broader market recovery. Notably, Sui (SUI) recently hit a new all-time high of $4.

Since the markets recovered after gaining some momentum in recent days, altcoins have gained significant traction. In the meantime, the SUI price attracted a huge buying volume as the trading volume surged by above $3.6 billion.

Earlier, there were rumours that the New York Department of Financial Services was seriously considering Ripple's request to launch the company's stablecoin, RLUSD. Marking an end to speculations, yesterday, Brad Garlinghouse, the CEO of Ripple Labs, confirmed that the company received approval from the NYDFS to launch RLUSD.

With Bitcoin reclaiming the $100,000 price as support, the crypto market seemed primed to continue its uptrend. As a result, many altcoins followed Bitcoin's lead, with some even noting new highs.