This layer-1 Sui (SUIAfter signing a deal with the DeFi protocol, which is linked to US president Donald Trump, ), defies the general crypto market decline.
Solana )SOL) rival is witnessing price gains amid a new collaboration with World Liberty Financial (WLFI).
Zak folkman, World Liberty Financial’s co-founder in a statement. statement,
“We chose Sui for its American-born innovation combined with impressive scale and adoption. It is a natural complement to our mission of bringing decentralized finance to more Americans. Given our plans to support foundational DeFi assets in the coming months, collaborating with Sui was an obvious decision.”
World Liberty Financial website states Trump has not been listed as an employee, officer, director or founder by the firm, or any affiliate. However, the website lists him as the organization’s chief crypto-advocate. Website also states that DT Marks DEFI LLC is a company associated with Trump and his family and holds 22.55 billion WLFI tokens. It’s entitled to fees.
SUI currently trades at $2.76. This is an increase of 5.18% in the last 24 hours. Altcoins in the top ten are fluctuating between red and orange. Ethereum’s smart contracts platform (ETHSolana Cardano () has fallen by 0.58 %.ADA( ) fell by 7.41% and 1% respectively.
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