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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| SUI | -14.91% | N/A | N/A | +40% |
| S&P | +12.65% | +91.73% | +13.89% | +63% |
Sui is a layer-1 blockchain crafted for global adoption, integrating an object-centric model and Move language to address existing blockchain limitations, aiming for scalability and security. It enhances Web3 user experiences with zkLogin and sponsored transactions, supported by its horizontal scaling for swift, stable transactions. Developers benefit from its deep composability and object-oriented architecture for network-wide compatible custom object types. Sui, initiated by Mysten Labs' former Meta architects, focuses on lowering Web3 entry barriers, facilitating easier wallet onboarding and fee management. Team leaders include CEO Evan Cheng, CPO Adeniyi Abiodun, CTO Sam Blackshear, Chief Scientist George Danezis, and Chief Cryptographer Kostas Chalkias, bringing vast tech and blockchain expertise.
Two new catalysts could send this overlooked crypto much higher.
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