Sui's (SUI) price soared nearly 12% on Wednesday amid the wider crypto market dump.
BytePlus, the technology arm of ByteDance, will bring its services to Web3 through the Sui blockchain. Sui and BytePlus' partnership could give rise to innovative Web3 gaming and social apps. SUI has risen nearly 12% after the partnership announcement. Sui 's price soared nearly 12% on Wednesday amid the wider crypto market dump.
In an X post, the Layer 1 blockchain said, BytePlus will explore data warehousing, content recommendation, content generation, and augmented reality in Web3 game platforms and socialFi projects in collaboration with MystenLabs.
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