On the first anniversary of Sui's Mainnet launch, the Sui community is celebrating a landmark year that saw it grow from a nascent ecosystem to the forefront of Layer 1 blockchains

Over the past 12 months, Sui has achieved:

Transaction speeds are lightning fast — time to completion is as little as 400 milliseconds

Large scale — 297,000 peak TPS in a controlled environment

Mainnet performance sets record - 65.8 million transactions conducted in a single day, the most of any blockchain ever

Extremely low fees - stable, predictable transaction fees even with heavy use

Other notable ecosystem partnerships achieved in Sui's first year include those with Alibaba Cloud and Google Cloud, focusing on enhancing security, scalability, tools for developers and user experiences across a variety of Web 3.0 and AI-enabled applications.

BytePlus, the web3 arm of ByteDance, has partnered with Sui ecosystem partner Mysten Labs to explore collaboration on data warehouses, AI recommendation algorithms, and AI visual algorithms in web3 gaming platforms and socialFi projects on Sui.

Sui promises to be a solid entry point for many Crypto investors.

#SuiNetwork #CryptoWatchMay2024 #Web3 #SUI-

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