Sui Network introduced gasless stablecoin transfers on its mainnet, allowing users to send supported stablecoins without paying gas fees or holding SUI tokens. This upgrade simplifies blockchain payments and supports assets like USDsui, USDC, and others, backed by Fireblocks and institutional partners. The network's stablecoin transfer volume has surpassed $1 trillion, reflecting strong market adoption. Following the launch, SUI's price rose about 7%, showing signs of a short-term recovery with key resistance levels identified around $1.10 to $1.15.
Sui Network is launching native, protocol-level private transactions on its mainnet, focusing on confidential stablecoin transfers. This built-in privacy feature, unlike third-party add-ons, will be the default setting, enhancing user confidentiality...
The CoinDesk 20 index remained flat at 2085.44 with 14 of 20 cryptocurrencies trading higher. NEAR Protocol led gains with a 19.4% surge, followed by Internet Computer (ICP) up 4.3%. Meanwhile, SUI and XRP declined by 2.6% and 1.0%, respectively. Thi...
