Supra Blockchain Launch and Its Market Impact

by Giorgi Kostiuk

a year ago

Supra has announced the launch of its blockchain platform and Token Generation Event, drawing attention with the notable increase in $SUPRA's value.

Supra's Technical Achievements

Supra launched its main blockchain featuring MultiVM support, native oracles, and cross-chain communication. These functionalities enable the creation of super decentralized applications.

Market Performance: $SUPRA Growth

$SUPRA token price rose by 304.30% last week. Market cap reached $440 million with a 24-hour trading volume increase of 40.70%.

Supra’s mainnet launch and TGE is more than just a technical feat, it’s the culmination of years of dedicated work from our engineers, developers, researchers, and business teams.Joshua Tobkin, CEO and Co-Founder of Supra

Future Path: BYDFi Plans

BYDFi is actively adding new tokens like $SUPRA, $PHB, and others, expanding its offerings and attracting new users.

The launch of Supra's blockchain platform and the swift ascent of $SUPRA highlight the significance of innovation and blockchain's potential.

Rewards

More rewards

Discover enhanced rewards on our social media.

Other news

XRP and ALGO Join the High-Conviction Cluster

XRP and ALGO have joined the high-conviction cluster with bullish sentiments above 90, indicating a renewed focus on infrastructure-focused chains.

Lucas Weissmann4 minutes ago

Bullish Sentiment Surges Above 90 in Major Blockchain Networks

Bullish sentiment has surged above 90 across multiple blockchains, led by XLM, with XRP, ALGO, CRO, and KAS close behind.

Jesper Sørensen4 minutes ago

Bitcoin Cash Approaches Key Resistance Level

Bitcoin Cash is currently trading near 6603 after a significant price expansion, with volatility increasing and key support levels identified.

Rajesh Kumar4 minutes ago

Whale Trades on Hyperliquid HYPE Become Public Spectacle

Whale trades on Hyperliquid HYPE are now visible in real-time, significantly impacting market dynamics.

Emily Carter8 minutes ago

Hyperliquid HYPE's Revenue Model Sparks Debate

Despite pushing around 215 billion in weekly volume, Hyperliquid HYPE's price remains down about 47% from its all-time high. This disconnect is attributed to the platform's unique revenue model, which directs 100% of its revenue into buybacks, creating a direct link between usage and token value. Analysts are debating the sustainability of this model and whether the market has fully priced in the transparency premium it offers.