[PRESS RELEASE – Dubai, UAE, February 26th, 2024]
The Layer-1 Received the Top Honor at the Eurasia Awards While Experiencing a Period of Unprecedented Growth and Recognition
Sui, the layer 1 blockchain that has experienced explosive growth since its mainnet launch in 2023, has emerged as the winner at the Eurasia Awards held during the second edition of AIBC Eurasia in Dubai. The gala event, renowned for its world-class attendance and previous winners such as Animoca Brands and Crypto.com, witnessed the Sui Foundation being honored for the leading position the blockchain has achieved during the past months. Other nominees for the 2024 award included Near Protocol and 1inch Network.
Sui’s recognition comes amidst its significant growth and influence in the blockchain space. The Sui ecosystem has gained significant traction during the past months. The layer 1 recently surpassed $600M in Total Value Locked (TVL) and secured a spot in the top 10 of DeFi ecosystems. Likewise, examination of token flows via Wormhole—a leading cross-chain protocol that supports Sui—shows that, of the almost $500M worth of funds that left Ethereum through Wormhole in the last 30 days, over 64% of it was moved to Sui.
The award decision was made on February 11, while the ceremony and the announcement took place on February 25, at the Festival Arena in Dubai. Sui’s dedication to pushing the boundaries of blockchain technology, as evidenced by its recent partnerships and expansions, has solidified its position as a leader in the industry.
The AIBC Eurasia Awards featured a diverse array of categories, each shining a spotlight on exceptional contributions within the blockchain and gaming industry. Other notable categories included “Web3 Gaming Leader of the Year,” “Crypto/Web3 Media of the Year,” and “Best Metaverse Project 2024.”
This distinguished panel that selected Sui as the Blockchain of the Year included industry veterans and business leaders such as Olga Yaroshevsky (Ph.D. and AIBC’s Lead Producer), Pavel Matveev (CEO at Wirex), and Giacomo Arcaro (renowned seed investor and Ethereum evangelist).
Sui Foundation
[email protected]
The post Sui Recognized as 2024 Blockchain Solution of the Year at AIBC Eurasia Awards appeared first on CryptoPotato.
The Layer-1 Received the Top Honor at the Eurasia Awards While Experiencing a Period of Unprecedented Growth and Recognition
Sui, the layer 1 blockchain that has experienced explosive growth since its mainnet launch in 2023, has emerged as the winner at the Eurasia Awards held during the second edition of AIBC Eurasia in Dubai. The gala event, renowned for its world-class attendance and previous winners such as Animoca Brands and Crypto.com, witnessed the Sui Foundation being honored for the leading position the blockchain has achieved during the past months. Other nominees for the 2024 award included Near Protocol and 1inch Network.
Sui’s recognition comes amidst its significant growth and influence in the blockchain space. The Sui ecosystem has gained significant traction during the past months. The layer 1 recently surpassed $600M in Total Value Locked (TVL) and secured a spot in the top 10 of DeFi ecosystems. Likewise, examination of token flows via Wormhole—a leading cross-chain protocol that supports Sui—shows that, of the almost $500M worth of funds that left Ethereum through Wormhole in the last 30 days, over 64% of it was moved to Sui.
The award decision was made on February 11, while the ceremony and the announcement took place on February 25, at the Festival Arena in Dubai. Sui’s dedication to pushing the boundaries of blockchain technology, as evidenced by its recent partnerships and expansions, has solidified its position as a leader in the industry.
The AIBC Eurasia Awards featured a diverse array of categories, each shining a spotlight on exceptional contributions within the blockchain and gaming industry. Other notable categories included “Web3 Gaming Leader of the Year,” “Crypto/Web3 Media of the Year,” and “Best Metaverse Project 2024.”
This distinguished panel that selected Sui as the Blockchain of the Year included industry veterans and business leaders such as Olga Yaroshevsky (Ph.D. and AIBC’s Lead Producer), Pavel Matveev (CEO at Wirex), and Giacomo Arcaro (renowned seed investor and Ethereum evangelist).
Contact
Sui Foundation
[email protected]
The post Sui Recognized as 2024 Blockchain Solution of the Year at AIBC Eurasia Awards appeared first on CryptoPotato.
![[DK]](/data/avatars/s/57/57999.jpg?1720990206){kind=avatar}
