Sui price

Sui builders are moving quickly, and we must keep up with the pace. SuiLDR brings you a recap of last week, highlighting the latest developments, expansions, and disruptions in the ecosystem. #Suitember

ALTSEASON LOADING: $XRP FUTURES HIT $1B FASTEST EVER $RLUSD EXPANDING JAPAN + AFRICA $SUI INFLOWS $53.5M WHILE MAJORS BLEED $ETH SUPPLY SQUEEZE = MOON THE NEXT BIG RUN IS STARTING NOW.

Aptos @Aptos, together with its hot storage protocol @shelbyserves, announced a partnership with @NEARProtocol a few days ago. What sparks can two established L1s create? What is Shelby, the project that has been pinned at the top of Aptos' official Twitter? This article explains it all. NEAR Intents + Aptos: Making cross-chain easier In the past, to swap BTC, ETH, or XRP for APT or USDT on Aptos, you had to use a bridge, switch networks, and operate wallets. Now, with NEAR Intents, all of this can be done with one click. For developers, it's more convenient: just call an API to embed cross-chain exchanges into their applications, directly accessing liquidity from dozens of chains like Bitcoin and Ethereum. This is turning NEAR into a "universal liquidity layer for crypto." Shelby: AI-native hot storage Shelby is a cloud-level hot storage protocol jointly developed by Aptos Labs and Jump Crypto. Existing decentralized storage (Filecoin, Arweave) is more suitable for "cold storage," which is for archiving data that is not frequently accessed. However, AI, video streaming, and interactive applications require fast and frequent reads. This is where Shelby comes in: ❶ Sub-second read performance, comparable to Web2 cloud storage ❷ Users pay per read, incentivizing nodes to respond quickly ❸ Combining off-chain rapid auditing + on-chain sampling to ensure data is real and usable With the Aptos blockchain serving as the settlement and coordination layer, it ensures that the incentive mechanism is transparent and reliable. In other words, Shelby enables decentralized storage to finally support the performance needed for AI and real-time applications. NEAR + Shelby: Complementary What NEAR aims to do is build the infrastructure layer for the agent economy, allowing millions of AI agents to trade, coordinate, and access data. The hot storage provided by Shelby is exactly the "data fuel" needed for the agent economy. While providing high-speed access, it maintains data decentralization and verifiability. The storage on SUI, Warlus, has become popular, and Aptos has directly created its own storage network. It's hard to say if there is any direct relationship. However, it is clear that Aptos still values the Shelby project, which is just getting started, so it is recommended to keep an eye on it.