Sui Blockchain Surpasses 6 Billion Transaction Blocks

The Sui blockchain has reached an impressive milestone, crossing 6 billion total transaction blocks. This achievement demonstrates the network's speed and scalability.

SUI is reportedly leading L1 blockchains in terms of transactions per second (TPS), which enables more efficient tracking of funds on the network.

The token's price has been affected by this news, fluctuating between $1.00 and $1.29 before returning to around $1.20.

Derivatives markets are showing a significant increase in open interest, with a rising funding rate indicating that traders are betting on a further price increase.