The Sui blockchain continues to break records, with its SUI token showing significant growth. This article explores the main achievements and their implications.

SUI's New Achievements

Sui blockchain, known for its speed and stability, has reached new heights. The SUI token set a new record, reaching a price of $2.661, thanks to a substantial 400% growth over the past two months. Additionally, the blockchain's TVL reached $1.135 billion for the first time, according to data from the DeFiLlama analytics platform.

SUI Among Top 20 Cryptocurrencies

The recent surge on the Sui blockchain led to an increase in the token's market capitalization to $6.47 billion, propelling SUI into the top 20 cryptocurrencies, ranking 18th at the time of writing.

Prospects for SUI and Ethereum

The growth of the SUI token presents a challenge to Ethereum and its virtual machine. Sui’s current achievements may shift dynamics in the blockchain ecosystem, intensifying competition between platforms.

Sui's continuous growth and the SUI token create new dynamics in the cryptocurrency market, potentially influencing future trends. Time will tell what new heights this blockchain can reach.