Over the last three months, SUI’s open interest has surged by more than 700%, far surpassing other popular cryptos.
SUI maintained the 1000+ TPS for the third day in a row.is rapidly establishing itself as a leading Layer-1 blockchain, offering fast, low-cost transactions and ease of use.
Over the last three months, SUI’s Open Interest has surged by more than 700%, far surpassing other popular cryptos. This upward trend is expected to continue, driven by increased market activity.In terms of price action, it has shown strength, increasing by 3% in the past 24 hours, according toThis rise suggested that SUI was maintaining its momentum and could potentially hit the $4 mark by the end of the year.
With historical data suggesting a bullish fourth quarter for the broader crypto market, SUI appears well-positioned for further gains.Sui’s transaction speed is another factor contributing to its growing dominance., which has long held the title of fastest Layer-1 blockchain.This remarkable achievement underscores SUI’s potential to overtake Solana in key areas.
The ecosystem’s expansion has outpaced many other blockchains, positioning SUI as a serious contender in the crypto space.
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