Sui blockchain is a layer 1, Proof-of-Stake (PoS) blockchain platform that is designed to provide high throughput, low-latency transactions, and instant transaction finality. The platform is built with the Move programming language, which was initially developed by Facebook for its Diem blockchain . Sui aims to create a decentralized, permissionless blockchain network that can support a wide range of use cases, from decentralized finance (DeFi) to non-fungible tokens (NFTs). The project is developed by Mysten Labs, a blockchain development firm co-founded by former Facebook developer Libra and JP Morgan alumni . The native token of the Sui blockchain is called SUI.
TL;DR: Sui Network deployed testnet update v1.74.1 with protocol version 128, developed by Mysten Labs. The upgrade significantly reduces gas prices on the network, lowering transaction
TL;DR An estimated total of $73 million in digital assets will enter circulation between June 29 and July 5. The current figure represents a reduction compared
TL;DR: Dormant capital: Nearly $1.2 trillion in Bitcoin market value remains historically immobile in wallets and custody platforms without generating yield. Institutional coalition: Global firms such
TL;DR: Cumberland joins the project as one of the digital asset industry’s largest institutional market makers. SwissBorg brings a wealth management network with over one million
TL;DR: SUI’s daily trading volume recorded $373.5 million during the latest crypto market update. The asset failed to sustain the key support at $0.80, shifting traders’
TL;DR: The SUI token pulled back after facing a technical rejection in the micro-resistance zone between $0.747 and $0.855. The circulating volume of the crypto asset
TL;DR: The new Sui protocol publicly hides balances and transfer amounts on the blockchain. The identities of the sender and receiver remain visible on the ledger
TL;DR: Sui suffered three outages in less than 48 hours on May 28 and 29, leaving the network down for more than 15 hours. The failures
TL;DR: CME Group enabled both standard and micro-sized contracts for the Avalanche and Sui cryptocurrencies. The first institutional transactions for these derivatives were completed via block
TLDR: Market vision: A Stripe report cited in the ecosystem projects that the Artificial Intelligence agent economy will require 1 billion transactions per second globally. Current
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