Sui Blockchain Surges After Partnership with Trump-Linked DeFi Project
08.03.2025 14:00 1 min. read Alexander Zdravkov
The layer-1 blockchain Sui (SUI) is bucking the trend in an otherwise struggling crypto market, fueled by a new partnership with a decentralized finance (DeFi) project associated with former U.S. President Donald Trump.
A competitor to Solana (SOL), Sui has seen its price climb following a collaboration with World Liberty Financial (WLFI), a DeFi platform focused on expanding blockchain-based financial services.
Zak Folkman, co-founder of WLFI, explained the reasoning behind the partnership, emphasizing Sui’s technological capabilities and strong presence in the U.S. market.
He highlighted that Sui’s innovation and scalability made it a natural fit for WLFI’s mission to bring DeFi solutions to more American users. With plans to integrate key DeFi assets in the near future, he noted that teaming up with Sui was a logical move.
Although World Liberty Financial identifies Trump as its chief crypto advocate, the platform clarifies that he holds no official role within the company.
However, the site does disclose that DT Marks DEFI LLC—a firm linked to Trump and some of his family members—owns 22.5 billion WLFI tokens and is entitled to a share of the platform’s fees.
-
1
Ethereum’s Future in Question as Standard Chartered Cuts 2025 Price Target
17.03.2025 19:00 2 min. read -
2
Investors Accumulate Ethereum at Crucial Price Zone – What’s Next?
17.03.2025 15:00 1 min. read -
3
Sonic Prepares to Launch Algorithmic Stablecoin
23.03.2025 16:00 2 min. read -
4
Japanese Company Now Accepts XRP for Property Purchases
24.03.2025 15:00 2 min. read -
5
XRP Breaks Free from Downtrend, But Is the Rally Sustainable?
20.03.2025 8:00 2 min. read
Top 10 Altcoins That Were Hit the Hardest in the Last 30 Days
Following a global market sell-off triggered by US President Donald Trump’s tariff announcement, both Bitcoin (BTC) and altcoins saw significant drops.
Binance Announces Next Megadrop: New Airdrop Listing Confirmed
Binance has announced its latest project, KernelDAO, as part of its ongoing Megadrop series, marking it as the fourth initiative in the lineup.
Binance to Delist 14 Altcoins After Community Vote
Binance, the leading global cryptocurrency exchange, made waves today with a series of announcements related to altcoins.
First Leveraged XRP ETF Set to Hit the U.S. Market
A groundbreaking move in the U.S. ETF market is set to unfold as Teucrium Investment Advisors LLC, a Vermont-based asset manager, prepares to introduce a leveraged ETF centered around XRP.
-
1
Ethereum’s Future in Question as Standard Chartered Cuts 2025 Price Target
17.03.2025 19:00 2 min. read -
2
Investors Accumulate Ethereum at Crucial Price Zone – What’s Next?
17.03.2025 15:00 1 min. read -
3
Sonic Prepares to Launch Algorithmic Stablecoin
23.03.2025 16:00 2 min. read -
4
Japanese Company Now Accepts XRP for Property Purchases
24.03.2025 15:00 2 min. read -
5
XRP Breaks Free from Downtrend, But Is the Rally Sustainable?
20.03.2025 8:00 2 min. read
