Ethereum, Sui & Ripple — Asian Wrap 11 April

Bitcoin (BTC) halving is headlining almost every discussion in the crypto market on Wednesday. While many predict the largest digital asset to enter another record-breaking bull run, an industry insider sees Ethereum (ETH) as the main deal regardless of the halving narrative.

Mysten Labs, the creator of the Sui blockchain, announced on Wednesday that it is venturing in the Web2 and Web3 gaming sector through the launch of a handheld device. Despite the announcement, the Layer 1 blockchain’s token SUI registered around 2% losses on Wednesday, extending its recent downtrend.

Ripple (XRP) price is testing a crucial support on Wednesday, at $0.60. The altcoin was hit by the market-wide correction as Bitcoin price coiled back under $70,000.


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