Sui is a permissionless layer 1
blockchain designed from scratch to enable creators and developers to build experiences that meet the next billion users in Web3. Sui has horizontal scalability and can support a wide range of application development at unparalleled speed and low cost.
On September 23rd, Sui announced on X that the total locked amount (TVL) on the network has reached $900 million, ranking eighth in the on-chain locked amount ranking. It is worth noting that Sui has achieved a growth of 3,285% in just one year, showing a strong upward trend. With only 8 days left in the #Suitthen event, Sui's ecological development potential is still being released, and the
market performance is remarkable.