SUI records higher net revenues than Solana and Ethereum combined!
Just in: SUI recorded higher net revenues compared to Solana and Ethereum, with around $24.3 million inflows. Solana and Ethereum appear to have net flows of around $10 million and $9.7 million, respectively. In terms of new capital entering the ecosystem, Swi is currently outpacing them. Sui's unique approach to blockchain technology with parallel transaction execution and innovations like zkLogin may be attracting developers and investors looking for scalable and efficient blockchain solutions. News such as the USDC stablecoin's integration with the Sui network may have boosted investor confidence and increased investments.