• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

SUI Continues Rally As Sui 8192 Web3 Game Fuels Blockchain Activity To Hit New Peak

July 17, 2023
in Bitcoin
Reading Time: 2min read
0 0
A A
0
Bitcoin (BTC) Could Be Warming Up For Another Rally, Here’s Why
0
SHARES
5
VIEWS
ShareShareShareShareShare

The Sui blockchain platform is witnessing a surge of activity, mainly due to its new Web3 game, Sui 8192. Not only is this game boosting blockchain engagement, but it’s also contributing to the bullish run of Sui’s native token, SUI.

SUI scan has shown Sui 8192 contributed to the transaction spike on the network. In the past 24 hours alone, the game has drawn 258 million transactions on the Sui blockchain.

Developed by Ethos, a Sui wallet maker, the game is intended to spark interest in Web3.

In the past 24 hours, the number of transactions on the Sui blockchain exceeded 29 million (transaction blocks), a record high. This growth was mainly driven by a casual game called Sui 8192 launched by Ethos Wallet, which is the first on-chain game on the Sui, and its gameplay…

— Wu Blockchain (@WuBlockchain) July 17, 2023

New Era Of Web3 Gaming On Sui Blockchain?

The mechanics of Sui 8192 includes Players accruing points by matching two similar tiles on a grid. When they amass 8192 points, the game ends, and a non-fungible token (NFT) is minted on the blockchain, a testimony to their achievement.

This experience introduces more and more people to the world of blockchain and NFTs in an accessible way. However, Sui 8192 is not the only game in town; Sui also hosts other notable titles like the high fantasy action games Abyss World, Cosmocadia, and Orange Comet.

Riding The Bullish Trend: SUI Token Climbs To New Heights

Sui’s blockchain native token, SUI, is seeing an upward trajectory, with a 10.5% value gain in just a week, leaping from $0.63 on July 10 to a high of $0.72, a near 2% increase in the past 24 hours alone.

SUI price is moving sideways on the 4-hour chart. Source: SUI/USDT on TradingView.com

Simultaneously, the trading volume of SUI has nearly doubled in the past week, escalating from $33 million to a towering $76 million in just 24 hours.

SUI’s market capitalization is rising from $426 million to $461 million today. With the steady growth of Sui’s blockchain platform and the rising popularity of its gaming universe, the upward trend of SUI could be more than a temporary spike.

Featured image from iStock, Chart from TradingView


Credit: Source link

ShareTweetSendPinShare
Previous Post

Bitcoin Dominates as Crypto Products Record Largest Consecutive Inflows Since 2021

Next Post

Uniswap Launches UniswapX Protocol, Sparking 3% Surge In UNI’s Price

Next Post

Uniswap Launches UniswapX Protocol, Sparking 3% Surge In UNI's Price

You might also like

TezDev 2024 to Kick Off Next Week in Brussels

Tezos X Brings EVM Compatibility, Testnet Launches May 2026

April 27, 2026
Chainlink Exchange Outflows Hit 970,430 LINK, Largest Of 2026

Chainlink Exchange Outflows Hit 970,430 LINK, Largest Of 2026

April 29, 2026
XRP Price Set To Rise As It’s Set To Capture A $180 Trillion Market; Analyst

XRP Price Set To Rise As It’s Set To Capture A $180 Trillion Market; Analyst

May 1, 2026
Dogecoin Price Rallies Ahead of SpaceX IPO: $1 DOGE Dream Moves Closer

Dogecoin Price Rallies Ahead of SpaceX IPO: $1 DOGE Dream Moves Closer

April 29, 2026
US CLARITY Act Moves Closer To Law After Stablecoin Update

US CLARITY Act Moves Closer To Law After Stablecoin Update

May 2, 2026
Bitcoin Renko Mari-Ashi Reveals Where The Bottom Lies And When The Rise Will Begin Again

Bitcoin Renko Mari-Ashi Reveals Where The Bottom Lies And When The Rise Will Begin Again

May 1, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Symmetrical Triangle Signals Explosive Move Ahead

Symmetrical Triangle Signals Explosive Move Ahead

May 3, 2026
Analyst Predicts Exactly When To Sell Bitcoin For The Most Return

Analyst Predicts Exactly When To Sell Bitcoin For The Most Return

May 2, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.