➡️ Recently, #MystenLabs ' Sui Network has integrated a liquid staking feature for SUI tokens.

➡️ Liquid Staking is when staking participants receive derivative tokens corresponding to the amount of tokens they have deposited staking. Derivative tokens typically reflect the value of the tokens that have been staked. This feature helps investors optimize profits, diversify investment portfolios and make it more convenient to experience the ecosystem.

➡️ “According to the announcement from the platform, the update will allow developers to provide services that will allow token holders to receive derivative tokens corresponding to the value of the Sui tokens they have staked,” the project said. know. “Existing Sui developers will be able to provide decentralized liquid staking solutions.”

➡️ Sui is a layer 1 mesh built on the Move language. Mysten Labs, the developer of Sui, launched the Sui mainnet on May 3. Sui is committed to competing with other Layer 1 networks like #Solana with scalability and speeds up to 300,000 transactions per second with 100 testnet validators.

➡️ Sui has listed SUI tokens on many centralized exchanges such as #Binance , OKX, Bybit, and KuCoin. Sui is considered a project with a high inflation rate with its token. The project will continue to double the total circulating supply in November this year. On June 3, Sui issued another 61 million tokens.

➡️ In recent times, the Sui system has been repeatedly criticized for  "shady" tokenomics . Recently two projects on Sui also  announced about leaving the Sui ecosystem  and moving to build on other blockchains. Previously, the project made the community "not very happy" when it did not pay the airdrop but sold the token.

#suinetwork #liquidity $BTC $SUI $WLD

The blockchain game Sui 8192 has emerged as a dominant force, accounting for approximately 99% of these transactions, with a staggering 28,484,340 transactions.

The Sui Network’s skyrocketing daily transaction volume showcases the platform’s growing popularity and adoption within the blockchain community. The network’s ability to handle such a massive number of transactions further highlights its scalability and efficiency, fostering a seamless user experience.

The blockchain game Sui 8192 has played a pivotal role in this surge, capturing the attention and engagement of users. Its innovative gameplay and interactive features have attracted a significant user base, resulting in a staggering number of transactions being conducted within the game ecosystem.

The dominance of Sui 8192, accounting for approximately 99% of the total daily transactions on the Sui Network, underscores the game’s popularity and its significant contribution to the platform’s overall transaction volume. The game has succeeded in creating an immersive experience for players, fueling engagement and driving the network’s growth.

As blockchain-based games continue to gain traction, the success of Sui 8192 serves as a testament to the potential of gaming applications within the crypto space. It highlights the increasing demand for decentralized gaming experiences and the willingness of users to actively participate in blockchain-powered ecosystems.

The Sui Network’s achievement of surpassing 28.63 million daily transactions signifies a significant milestone in its journey towards mass adoption. The platform’s ability to handle such a high volume of transactions demonstrates its robust infrastructure and scalability, positioning it as a competitive player in the blockchain industry.

With Sui 8192 leading the charge, the Sui Network is set to capitalize on this momentum. The platform continues to explore new avenues to enhance user engagement and expand its ecosystem, offering a range of exciting opportunities for developers, investors, and gamers alike.

As the Sui Network continues to break records and attract attention, it solidifies its position as a dynamic blockchain network with immense potential. The success of Sui 8192 and the surge in daily transactions showcase the platform’s ability to deliver immersive gaming experiences while fostering a thriving decentralized ecosystem.

$SUI #suinetwork

If you’re looking for the Sui Token price prediction or finding the potential of the Sui Coin, this price forecast can be helpful for you. Our price forecast is based on technical analysis and the current performance of Sui Token. The Sui token is one of the trending cryptocurrencies in the market. Here we will try to analyze the potential of Sui Token in the long term.

Sui Network is a Layer 1 blockchain and smart contract platform. The SUI platform is designed to make digital asset ownership fast, private, secure, and accessible to everyone worldwide. Sui project is backed by the Sui Foundation which is dedicated to the advancement and adoption of the Sui network by supporting its builder and creator community. SUI Token is a native token of the Sui Network. As one of the emerging blockchain projects, the Sui team is working on many initiatives.

Sui project is also known as Ethereum Killer as it is also focusing on the smart contract segment. Just after launch, the SUI token becomes the top-100 project by the market cap. A unique roadmap and community support make SUI Token a promising project in the long term. Recently, popular crypto exchanges Binance and KuCoin enabled the trading of SUI tokens. With new listings on other popular exchanges and community investors’ support, SUI Token may skyrocket in the upcoming months.

#suinetwork