sui tvl Archives - Coin Engineer https://coinengineer.net/blog/tag/sui-tvl/ Btc, Coins, Pre-Sale, DeFi, NFT Mon, 07 Oct 2024 23:10:43 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png sui tvl Archives - Coin Engineer https://coinengineer.net/blog/tag/sui-tvl/ 32 32 SUI Ecosystem Continues to Attract Attention https://coinengineer.net/blog/sui-ecosystem-continues-to-attract-attention/ https://coinengineer.net/blog/sui-ecosystem-continues-to-attract-attention/#respond Tue, 08 Oct 2024 04:00:55 +0000 https://coinengineer.net/blog/?p=30636 HIPPO, one of the popular meme coins of the recent period in the Sui (SUI) ecosystem, continues to attract the attention of big whales. According to on-chain data provided by Lookonchain, a whale withdrew 114,680 SUI worth $200,000 from the Binance exchange on October 7 and purchased 12 million HIPPO with these assets. The average

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]]> HIPPO, one of the popular meme coins of the recent period in the Sui (SUI) ecosystem, continues to attract the attention of big whales. According to on-chain data provided by Lookonchain, a whale withdrew 114,680 SUI worth $200,000 from the Binance exchange on October 7 and purchased 12 million HIPPO with these assets. The average cost of the whale was recorded as $0.01662.

HIPPO was launched on September 27 and quickly gained the attention of investors by gaining 4,496% increase. The intense interest in this meme coin has gained momentum, especially with the effect of increasing user activity and transaction volumes on the Sui network in recent weeks.

The story behind this popularity of HIPPO is that it was inspired by the cute hippo Moo Deng, who was born in Khao Kheow Open Air Zoo in Thailand and went viral in the online world. This meme coin on the Sui network has managed to attract users and investors, increasing the activity in the ecosystem.

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In addition, the general rise of the Sui ecosystem is also remarkable. The recent increase in user interest and the diversity of projects on the network have caused Sui to break the TVL (Total Value Locked) record and create great hype in the ecosystem. The success of projects such as HIPPO in particular has contributed to the rapid increase in transaction volumes on the Sui network. These developments have once again shown that Sui has become a rising force in the crypto world and its user base is expanding.

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]]> https://coinengineer.net/blog/sui-ecosystem-continues-to-attract-attention/feed/ 0 SUI TVL Surpasses Avalanche https://coinengineer.net/blog/sui-tvl-surpasses-avalanche/ https://coinengineer.net/blog/sui-tvl-surpasses-avalanche/#respond Fri, 27 Sep 2024 20:30:59 +0000 https://coinengineer.net/blog/?p=30045 Sui stands out as one of the new generation blockchain projects with its structure focusing on scalability and security. It has quickly become popular among DeFi projects, especially thanks to its unique programming model and efficiency-focused infrastructure. These features have attracted great attention from developers and investors, and have caused more and more liquidity to

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]]> Sui stands out as one of the new generation blockchain projects with its structure focusing on scalability and security. It has quickly become popular among DeFi projects, especially thanks to its unique programming model and efficiency-focused infrastructure. These features have attracted great attention from developers and investors, and have caused more and more liquidity to be locked on the platform. Sui’s smart contracts can offer more transaction volume at lower costs, which has contributed to users turning to Sui and the rapid increase in TVL value.

The Power of Avalanche and the Advantages of Sui

Avalanche has long been a key player in DeFi projects with its fast transaction times and low transaction costs. However, Sui’s new technological infrastructure and user-friendly approach have allowed it to grow rapidly, especially in terms of TVL. While Avalanche has a strong ecosystem and solid partnerships, the innovative solutions offered by Sui provide projects with more flexibility and room for development.

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One of the advantages of Sui is the strong structure of Layer 1 technology. The modular and scalable solutions it offers to users and developers attract more liquidity to the Sui ecosystem. One of the most important reasons behind Sui’s surpassing Avalanche in terms of TVL is these technical advantages and its rapidly growing ecosystem.

Data according to DefiLama SUI has surpassed Avalanche on TVL.

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