The cryptocurrency market is once again in the spotlight. Recent key events involve SUI's partnership, the launch of Chainlink Data Streams, and activity from BlockDAG.
SUI Partners with AMINA Bank
SUI is gaining popularity through its partnership with AMINA Bank, the first regulated financial institution in Switzerland to offer custody, trading, and soon staking for SUI. This development follows SUI’s largest ever unlock of 76.27 million tokens, which led to a price drop to around $3.39—$3.46.
Analysts believe this dip could provide a good entry point, with expectations of a price rebound to $4.85—$5.36 if current support holds.
Chainlink Launches Data Streams
On August 4, Chainlink launched its new Data Streams feature, providing real-time pricing for major U.S. stocks and ETFs across 37 different blockchains. This integration opens up opportunities for creating tokenized assets and new DeFi products. Projects like GMX and Kamino are already looking to integrate this data, increasing Chainlink's popularity in the market.
Popularity of BlockDAG and Its Features
BlockDAG is attracting attention with its capability to model potential profits and conduct interactive simulations. With an initial price of $0.0016, the project has already sold over 24.8 billion BDAG tokens, totaling $367 million. As part of an upcoming auction with a 10 BTC prize pool, each purchase before August 11 qualifies for a share of this pool.
SUI’s partnership with AMINA Bank and Chainlink’s deployment of new functionalities show active project development. Meanwhile, BlockDAG offers interactive opportunities for new users, making it a standout among cryptocurrency projects.
