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SUI has a strong rise, with market capitalization entering the top 20, and ecological development is impressive.
The SUI ecosystem is developing rapidly, with a market capitalization ranking in the top 20.
In the past week, the unlocking of SUI tokens and the launch of the cross-chain bridge on the mainnet, along with the unprecedented popularity of meme tokens, have driven SUI to a new wave of growth, with its market capitalization rising to the top 20.
Overview
Sui is a permissionless PoS Layer 1 blockchain developed by Mysten Labs, designed to provide instant settlement and high throughput, supporting latency-sensitive decentralized applications. The project was founded by members of the original Facebook Libra/Diem team and has gained capital attention and funding.
Market Performance
2024 SUI performs brilliantly:
Sui Ecosystem Projects
DeFi project
wallet
Game
Meme Token
Team Members
Mysten Labs was founded by former Meta executives and the chief architect of Diem:
Token Economics
Total supply of 10 billion SUI, main allocation:
Key Events of 2024
Technical Advantages
Prospects and Challenges
Advantages:
Challenge:
SUI has long-term development potential due to its technological innovation and team strength. However, investors still need to closely monitor its ecological development progress and assess market risks.