SuiNetwork, a decentralized Layer 1 blockchain, is making waves with its promise of fast and cheap transactions. Developed by Mysten Labs, Sui is designed to make Web3 secure and reliable for everyone. The team behind Mysten Labs includes several former members of Meta’s Novi digital wallet program, with Even Cheng serving as CEO. Backed by […]
Tag: SuiNetwork
In an impressive feat, SuiNetwork’s decentralized finance (DeFi) ecosystem has successfully amassed over $150 million in Total Value Locked (TVL) within just six months. This accomplishment positions Sui among the top 20 blockchains in TVL, showcasing the substantial growth of its DeFi ecosystem, backed by an engaged community and a pool of adept developers. Six […]