The various changes on the Sui Ecosystem have led to significant growth in many aspects of the network. It’s one of the Layer 1 networks that is very fast and cheaper than Solana, and in every part, you stand a chance of making a profit during this bull run. The Developer growth has increased by 219% since January 2024, and the TVL has reached $900 million. Also, if we take its decentralized identity aspect, it has shown valuable potential, with SuiNS being an example. This project focuses on giving people identity on the blockchain using the Sui Blockchain naming service. With SuiNS, you can generate human-readable names for your wallet address, dApps, and more. Users already holding SuiNS Airdrop NFTs will receive benefits now that it goes live on various exchanges. This is just one of the many advantages you can get from a new L1 blockchain with immense technology.
