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Cryptocurrency News Articles

Sui and Revolut Partner to Accelerate Blockchain Education and Adoption

Apr 01, 2024 at 07:47 pm

Sui and Revolut have formed a partnership, allowing Revolut's millions of digital banking users to purchase and sell crypto assets, including SUI tokens. Revolut's Learn program will also offer a Sui educational course, providing users with incentives like SUI tokens for participating. Sui has gained popularity in the blockchain space, placing 9th on CoinGecko's blockchain popularity list due to its innovative features, user experience, and ecosystem.

Sui and Revolut Partner to Accelerate Blockchain Education and Adoption

Sui Partners with Revolut to Launch Blockchain Education and Adoption Program

London, March 27, 2024 - Sui, the Layer 1 blockchain platform designed for developers, today announced a strategic partnership with Revolut, a leading global financial superapp with over 40 million users worldwide. This collaboration aims to accelerate blockchain education and adoption by integrating Sui's innovative technology and digital wallet into Revolut's platform.

Expanding Blockchain Accessibility through Revolut's Learn Program

The partnership introduces a comprehensive education program within the Revolut app, dubbed the "Learn Program." This program offers a series of engaging lessons designed to introduce Revolut users to the fundamentals of blockchain technology, the unique aspects of Sui, and its applications across various industries. Users can earn rewards in the form of $SUI tokens for completing these lessons.

Kotryna Baldovskaja, Crypto Global Business Development Manager at Revolut, commented:

"Our partnership with Sui is a testament to our commitment to providing our users with access to cutting-edge financial technologies. By integrating Sui's educational content into our Learn program, we empower our users with the knowledge they need to navigate the rapidly evolving crypto ecosystem."

Sui's Unique Value Proposition and Growing Ecosystem

The Learn Program highlights the distinct advantages of Sui, including its innovative Move coding language, smooth user experience, and vibrant ecosystem of applications. The platform showcases how Sui addresses the challenges faced by traditional blockchains, such as scalability, transaction latency, and developer complexity.

Sui's Rising Popularity and Strong DeFi Presence

In addition to the partnership with Revolut, Sui has also been recognized for its growing popularity and significant presence in decentralized finance (DeFi). According to CoinGecko's recent blockchain popularity list, Sui ranked an impressive 9th position, outperforming established competitors like zkSync, Polkadot, and Cardano.

Strong Performance in DeFi and Prominent Gaming Position

Sui's success in DeFi is evident in its 12th position on DeFiLlama's TVL rankings, with a total value locked of $706.55 million. The platform has also gained traction in the gaming industry, attracting numerous projects and demonstrating its versatility and scalability.

Current Market Statistics for $SUI

At the time of writing, the $SUI token is trading at $1.93, with a market capitalization of $2.3 billion. The total and maximum supply of $SUI is 10 billion tokens, with 1.23 billion tokens currently in circulation.

Conclusion

Sui's partnership with Revolut marks a significant milestone in its mission to make blockchain technology accessible and empower developers. The integration of Sui's educational content into Revolut's Learn Program will provide millions of users with the opportunity to understand and leverage the transformative power of blockchain.

With its impressive 9th ranking on CoinGecko's popularity list, strong performance in DeFi, and growing presence in gaming, Sui continues to establish itself as a leading player in the blockchain ecosystem. This partnership with Revolut further solidifies Sui's position as a force to be reckoned with in the ever-evolving world of decentralized technologies.

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