As a seasoned analyst with over two decades of experience in the ever-evolving world of finance and technology, I see this partnership between Arkham Intelligence and Sui Network as a strategic move that could potentially reshape the blockchain landscape. The integration of Sui’s data into Arkham’s robust analytics platform will undoubtedly provide SUI users with unparalleled insights and tools, setting a new standard for on-chain transparency.
Arkham Intelligence is teaming up with Sui Network for the purpose of incorporating Sui’s blockchain data within their analytical system.
Through the partnership, SUI users will gain access to a variety of tools offered by Arkham, such as dashboards, entity and address pages, real-time alert systems, and visual tracking capabilities.
This partnership encompasses Walrus Protocol, a cutting-edge, decentralized data storage project under development at Mysten Labs – the same team behind Sui.
Arkham (ARKM) is considering various applications for Walrus in their Intel Platform, showcasing their dedication to increasing the transparency of transactions on-chain and broadening blockchain analysis within the rapidly expanding Sui ecosystem.
Excited to share: Collaborating with Sui Network to incorporate Sui blockchain information into the Arkham platform! This means that the transparent on-chain data from Arkham will be accessible to millions of Sui users.
In connection with this partnership, we’re teaming up with Walrus Protocol, a decentralized data storage solution…
— Arkham (@arkham) December 18, 2024
Sui’s price surge
2024 saw an astonishing surge for Sui, with a staggering $1 billion increase in Total Value Locked (TVL) and whopping $2.93 billion in trading volume over the last week. As I write this, SUI is being traded at $4.72.
Boasting over $300 million worth of stablecoin transactions, Sui now stands as a significant figure in the realm of blockchain technology.
This past week, Sui teamed up with Ant Digital Technologies and ZAN for the purpose of enhancing the tokenization of tangible assets. Their work primarily centered around Environmental, Social, and Governance (ESG) backed assets, allowing global investors to invest in them through the Sui blockchain network.
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2024-12-18 22:10