However, why should I pay attention?
Is it a shining star who bucks the trend, or is it a model of silent hard work that leads to glory?
Its road to ecological construction has added another important milestone: the USDC native stablecoin has settled in Sui, which is of far-reaching significance to Sui. As a strong opponent of Solana, is Sui at this moment reminiscent of Solana's early glory? Just like this, Sui is planning a big game, and the addition of stablecoins has built a strategic high ground for its on-chain ecology.
Stablecoins not only lay a solid foundation for DeFi applications, but also accelerate application expansion by increasing liquidity while lowering the entry barrier for new users, especially those user groups who are sensitive to cryptocurrency fluctuations. As a stabilizer in the ecosystem, it effectively resists the risk of market fluctuations and enhances Sui's economic resilience. The addition of the international stablecoin USDC has enhanced Sui's competitiveness in the global market and promoted cross-chain interaction. As a hedging tool, stablecoins play a significant role in financial products, strengthen Sui's risk control capabilities, and help its overall Locked volume (TVL) continues to grow.
The Walrus Protocol launched by Mysten Labs behind Sui, as a breakthrough in decentralized storage technology, reduces storage costs and ensures high availability and data redundancy. It not only enhances Sui's transaction performance, but also leads innovation at the data storage level. DApps developers and users in DeFi, games, NFT and other fields constitute a major benefit, meeting large-scale storage needs and comprehensively enhancing the competitiveness of the Sui ecosystem.
The introduction of stablecoins and the launch of Walrus Protocol are key steps in Sui's ecological optimization and global layout, and are also a solid foundation for improving its financial security. Sui may become a strong rival of Solana, using stablecoins to strengthen DeFi applications, increase liquidity, and reduce the difficulty of user participation. The Walrus decentralized storage protocol has been upgraded to reduce costs, enhance data protection, and soar in competitiveness in the fields of DeFi, games, and NFT.
In the second half of the bull market, do you favor Sui or Solana more?
Come and share your views in the comment area!
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