Despite the overall decline in the cryptocurrency market, SUI Blockchain has attracted attention through its partnership with World Liberty Financial. The collaboration aims to improve global access to decentralized finance (DeFi) while strengthening financial infrastructure. Representatives from World Liberty Financial have emphasized the importance of SUI’s scalability and innovative technology in this partnership. In the past 24 hours, SUI’s value has increased by 5%, while rival projects such as Ethereum and Solana have recorded declines.
The main objectives of this strategic partnership are to expand the reach of decentralized finance applications to a wider audience. Zak Folkman, one of the partners at World Liberty Financial, has mentioned that SUI’s high transaction capacity and low costs align with the project’s vision. Folkman stated, “SUI’s technological infrastructure will enhance user experience and bring DeFi into the mainstream.” The partnership will also develop solutions that facilitate access to financial products, with a focus on the U.S. market. World Liberty Financial has announced that a former U.S. president will have a symbolic role in the project, although he will not hold an official position. Additionally, plans for token distribution to family members have been revealed as part of the process.
SUI’s recent rise has been a significant development in the cryptocurrency market. In contrast, Ethereum has declined by 3%, Solana by 4%, and Cardano by 2%. Experts attribute SUI’s performance to technology-focused collaborations and institutional support. World Liberty Financial’s statements indicate that blockchain-based financial products are expected to gain momentum in the near future. Market observers predict that increasing interest from institutional investors in DeFi projects could lead to similar movements. However, regulatory uncertainties and global economic fluctuations are still highlighted as risk factors.
