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$SUI Sui's MPC Network Ika Launches Major Token Airdrop Initiative: The Secure Multi-Party Computation (MPC) Network Ika in the Sui ecosystem began an aggressive token airdrop initiative on July 17th, 2025. This development aims to reward active DeFi participants and further the network’s transaction capacity and market engagement. Sui's Ika Spurs Activity with Major Airdrop: The Sui ecosystem's Ika network has launched a notable token airdrop, increasing SUI and WAL staking activities. Official sources highlight this as part of Ika's strategy to engage users more deeply with its DeFi protocols. With Ika receiving over $21 million in funding from the Sui Foundation, the airdrop underscores the network’s commitment to leveraging secure MPC. Users require holding at least 5 SUI to qualify, positively driving SUI on-chain activity and total value locked (TVL) metrics. Past airdrop events in Sui have similarly shown brisk engagement and asset activity, encouraging wider ecosystem participation. Community discussions indicate enthusiastic support, with significant interest noted in holding SUI and staking WAL. However, explicit public commentary from major figures such as the project’s CEO remains unavailable. Price Surge and Regulatory Scrutiny in Focus: Did you know? Previous $XRP airdrops within the Sui ecosystem, like DeepBook and Cetus, resulted in significant asset activity spikes, increasing overall DeFi protocol user engagement. According to CoinMarketCap, Sui (SUI) is currently trading at $3.91 with a market cap of formatNumber(13518811583, 2) and a $1.80 billion 24-hour trading volume. Recent price movements show a 25.06% increase over 7 days and an 84.74% rise over 90 days.
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#CryptoMarket4T Crypto Market Cap Crosses $4T After XRP, ETH Rally; Achievement comes as the CoinDesk 20 crosses all-time high: The market cap for all cryptocurrencies surpassed $4 trillion, according to CoinGecko data, as a rally in altcoins like XRP and ether (ETH) continues, with traders rotating out of bitcoin. This uncharted territory for crypto pushed the CoinDesk 20 (CD20), a measure of the performance of the largest digital assets, past 4,000. The index is up 35% in the past month. Crypto's market cap passed $3 trillion for the first time in November 2021, marking the peak of a pandemic-fueled bull market driven by loose monetary policy, surging institutional interest, and speculative mania across NFTs, DeFi, and gaming tokens. In November 2024, bitcoin surged 36%, its fourth-strongest monthly performance since October 2021, after Donald Trump’s re-election rekindled risk appetite among investors betting on a deregulatory crypto policy pivot in Washington, culminating in the recent passing of the GENIUS Act. With analysts saying that the top for BTC is "nowhere near," crypto may surpass the next trillion-dollar valuation far faster than the last, potentially in a matter of months rather than years, as capital rotates into altcoins and institutional inflows accelerate across spot ETFs and on-chain assets.$BTC
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#XRP Today WOD. Theme Binance UI Refined 5 letters. $BTC
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