SUI ecosystem explosion: technological innovation leads to market capitalization soaring, TVL surpasses 100 million USD.

robot
Abstract generation in progress

SUI Technology Innovation Leads a New Wave of Blockchain, Ecological Development Welcomes New Opportunities

Recently, with the unlocking of SUI tokens and the launch of the cross-chain bridge mainnet, along with the rising popularity of meme tokens, SUI has led a new wave of growth, with its market capitalization jumping into the top 20.

SUI is a permissionless PoS Layer 1 Blockchain developed by Mysten Labs, aimed at providing instant settlement and high throughput. The project was founded by former members of the Facebook Libra/Diem team and has garnered attention from the capital markets.

Since the beginning of 2024, the SUI market has performed remarkably. The market capitalization increased by 176% quarter-on-quarter in the first quarter, with prices showing an overall upward trend. On March 27, it hit a historic high of $2.18, and on October 3, the price approached $1.92. The increase over the past three months has exceeded 100%.

TVL突破10亿美元,市值闯进前20,Sui近期发生了什么?

The SUI ecosystem is rapidly expanding, covering multiple fields:

In terms of DeFi, projects like Cetus, DeepBook, Navi, and Scallop have TVL exceeding 100 million USD.

TVL突破10亿美元,市值闯进前20,Sui近期发生了什么?

In the gaming field, projects like SuiPlay0x1 and DARKTIMES are noteworthy.

In terms of meme tokens, multiple projects such as $Hippo, $BLUB, and $FUD have a market capitalization of over 30 million dollars.

TVL breaks through 1 billion USD, market cap enters top 20, what has happened with Sui recently?

Technically, SUI employs innovative technologies such as an object-oriented account model, native randomness, and zero-knowledge proofs, providing developers with unique advantages.

TVL突破10亿美元,市值闯进前20,Sui近期发生了什么?

In 2024, key events in the SUI ecosystem include:

  • Network upgraded to version V1.34.2
  • Launch of the Hydropower Accelerator Program and the Enoki Enterprise Solutions Platform
  • Circle native USDC is about to launch.
  • Sui Bridge Cross-Chain Bridge Launched Mainnet
  • Grayscale launched the SUI trust fund

TVL突破10亿美元,市值闯进前20,Sui近期发生了什么?

TVL breaks through 1 billion USD, market value enters the top 20, what has happened with Sui recently?

TVL breaks through 1 billion USD, market cap enters top 20, what has happened with Sui recently?

TVL突破10亿美元,市值闯进前20,Sui近期发生了什么?

SUI, with its technological innovation and strong team support, demonstrates long-term development potential. However, it still faces challenges such as market competition and application implementation. Investors need to closely monitor its ecosystem development progress and prudently assess the risks.

TVL突破10亿美元,市值闯进前20,Sui近期发生了什么?

SUI-4.27%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
FrontRunFightervip
· 3h ago
looks like another mev battlefield... can already smell the dark forest action with those cross-chain bridges tbh
Reply0
MiningDisasterSurvivorvip
· 4h ago
It's just another case of capital deification, I'm no stranger to it. The tragic tricks from 2018 are all the same.
View OriginalReply0
RetiredMinervip
· 4h ago
It's time to Rug Pull, isn't it?
View OriginalReply0
Lonely_Validatorvip
· 4h ago
Are the pros all in the market? Pump!
View OriginalReply0
SchrodingerPrivateKeyvip
· 4h ago
Suckers in the crypto world, finally got on the damn bus.
View OriginalReply0
ImpermanentLossEnjoyervip
· 4h ago
Charge 10 bucks! Just go all in with 2u and it's done!
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)