Sui Token Surges In TVL, Surpassing $418 Million And User Engagement Spike

Token Terminal’s latest report highlights Sui’s remarkable performance as its Total Value Locked (TVL) surpasses $418 million, securing its position among the top 10 cryptocurrencies.  Within just 30 days, Sui has witnessed an impressive 86% surge in TVL, reflecting growing investor confidence and participation. The platform boasted an average of over 20,000 active users daily over the past month, peaking at approximately 80,000, with more than 8 million active accounts overall. In terms of gas usage, SUI recorded over $1.5 million in gas fees in the last 30 days, with gas prices stabilizing at 4.8k per day. Reports indicate an

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SUI Token Rides 11% High With Reflective Glimpse At 2023 Achievements

At the forefront of the crypto arena, SUI, often hailed as the “Solana killer,” serves as the native cryptocurrency for the Sui layer-1 blockchain platform. Since its mainnet launch in May 2023, the platform has stood out by delivering swift processing, exceptional scalability, and cost-effective transactions, all facilitated by Move, a Rust-based programming language. Today, the SUI team took a moment to reflect on the significant milestones achieved since the platform’s inception this year, coinciding with an impressive 11% surge in its price. 🎉With the launch of Sui Mainnet, 2023 was a year that revolutionized blockchain tech. Reflect on the

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VC Darling Crypto Sui Makes Waves With Market Debut, Price Sinks 37% From All-Time High

VC Darling Crypto Sui Makes Waves With Market Debut, Price Sinks 37% From All-Time HighA buzz has been generated around a new layer one (L1) proof-of-stake blockchain initiative named Sui, following the network’s mainnet debut on May 3, 2023. The native token SUI has been listed on various cryptocurrency exchanges, drawing attention to the project. On the same day the network launched, SUI peaked at $2.16 per unit, but […]

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