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Sui Rises: TVL Breaks 1 Billion USD, Market Capitalization Joins Crypto Assets Top 20
Latest Updates on Sui Blockchain: TVL Breaks $1 Billion, Market Capitalization Enters Top 20
The Sui Blockchain has developed rapidly recently, entering the top 20 in market capitalization for cryptocurrencies. Key highlights include:
Overview of the Sui Ecosystem
DeFi project
Currently, there are 5 DeFi protocols on Sui with a TVL exceeding 100 million USD:
wallet
Game Project
Meme Token
Several popular Meme tokens have emerged in the Sui ecosystem:
Team Background
Sui was founded by core members of the original Facebook Novi research team, mainly including:
Token Economics
The total supply of Sui is 10 billion coins, distributed as follows:
Important Events in 2024
Advantages of Sui Technology
Prospects and Challenges
Advantages:
Challenge:
Sui, with its technological innovation and strong team, demonstrates long-term development potential. However, investors still need to closely monitor its ecological development progress and carefully assess market risks.