Sui, the native cryptocurrency of the SUI Layer-1 blockchain, is constructed for prime transaction speeds and environment friendly sensible contract deployment. Previously few weeks, the cryptocurrency has been trending upward, largely pushed by the launch of Circle’s USDC stablecoin on the Sui network. Extra not too long ago, Coinbase enabled sending and receiving help for stablecoin USDC on the Sui community. These occasions have positioned Sui as a key participant within the evolving crypto panorama.
Sui is buying and selling at $1.9, a more-than-12% bounce in a week.