The project has seen decent growth in 2024 but still trails leading players in adoption. While its strategic push into Web3 gaming aims to unlock broader success, the outcome remains uncertain.
Sui's leading DEX, Cetus Protocol, was exploited for over $220M, exposing critical weaknesses in DeFi infrastructure. The network's response—freezing funds—helped limit damage but raised serious concerns about decentralization and the true immutability of blockchain protocols
Sui's leading DEX, Cetus Protocol, was exploited for over $220M, exposing critical weaknesses in DeFi infrastructure. The network's response—freezing funds—helped limit damage but raised serious concerns about decentralization and the true immutability of blockchain protocols
The project has seen decent growth in 2024 but still trails leading players in adoption. While its strategic push into Web3 gaming aims to unlock broader success, the outcome remains uncertain.
The two-hour downtime was due to a bug in the transaction scheduling logic, which led to validators crashing. The incident resulted in a drop in SUI's price and raised doubts about the network’s ability to compete with Solana.
As investor interest in Sui grows, driven by influencers and new investment vehicles, the pressure mounts for it to demonstrate practical utility and user engagement.
A new blockchain called Sui performed token distribution on Binance’s crypto crowdfunding platform. It would probably have gone unnoticed if there had not been an incident with Justin Sun.
