Leading investment firm, VanEck, with asset under management (AUM) worth more than $100 billion has incorporated Sui (SUI) into its crypto product offerings.
Meanwhile, is calling the shots as a top Broker-backed Crypto Prop Firm intended to propel crypto trading for beginners using cutting-edge initiatives.
SUI Gets Major Boost
When it comes to altcoins with most potential, SUI fits into this picture, having crafted a name as an object-oriented Layer 1 blockchain.
This explains why VanEck recently rolled out a , cementing its place in the traditional finance (TradFi) sector.
Welcoming this move, Evan Cheng, the CEO of Mysten Labs, noted, “We’re really happy to be getting this recognition that we’re getting at this time. We’re really, really young, and we feel like we are now recognized as one of the leaders of the industry, which is quite incredible.”
Mysten Labs is the company behind the Sui network.
VanEck acknowledged that this decision was reached based on SUI’s remarkable on-chain metrics, such as a 692% surge in decentralized finance (DeFi) volume and a 430% increase in the total value locked (TVL).
Why is SUI standing out? Well, the network enables the easy deployment of smart contracts, which comes in handy in the simultaneous processing of transactions.
Consequently, Sui offers innovative features, such as programable transaction blocks, sponsored transactions, and zkLogin, meant to boost user friendliness and accessibility in Web3.
VanEck’s strategic move will boost SUI’s adoption rate, with the altcoin already enjoying a monthly surge of 79.5%.
FXGuys Impresses as a Top-Notch New Crypto
Standing out in the crypto sector is not for the faint hearted, innovation has to be breathtaking.
The FX Guys heeds to this call through creative strategies, such as Trade2Earn program, meant to streamline crypto trading as a major skill gap continues to bite.
By giving both amateur and professional traders the chance to earn $FXG tokens for any trade undertaken irrespective of the outcome, the Trade2Earn model helps build confidence needed to thrive in the crypto market.
Consequently, pro-traders are provided with the opportunity to take their A-game to the next level through the Trader Funding Program, whereby their accounts are funded with $500,000 and an 80:20 profit sharing ratio put in place.
The decentralized nature also comes into play through the No KYC requirement that enables users to immediately start trading upon linking their wallets.
Having materialized as one of the best crypto coins to buy now, FXGuys is turning heads, thanks to its long-term potential triggered by its real-world solution in crypto trading.
Investors are jumping on the FX Guys bandwagon in droves, with at least 139 million $FXG tokens purchased. In the process, more than $2.7 million has been raised as demand continues to go through the roof.
To find out more about FX Guys follow the links below:
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