Fire will soon launch SUI trading, fully supporting the Sui Network ecosystem and community development
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Fire will soon launch SUI trading, fully supporting the Sui Network ecosystem and community development
First Aptos, now Sui Network—Meta-affiliated public blockchains are gaining attention and recognition in the crypto market amid massive fundraising rounds and new narratives.
Navigating Web3 tides with focused insightsPrior to Aptos, now Sui Network—Meta-affiliated public blockchains have captured attention and recognition in the crypto market amid massive funding rounds and new narratives. Recently, as Sui Network launched its native token SUI through a public sale and went live on mainnet, cryptocurrency exchange Huobi swiftly rode the SUI wave to seize emerging Web3 opportunities.
According to an official announcement from Huobi, the exchange listed SUI (Sui Network) on May 3, offering full support for the development of the Sui Network ecosystem and community building.
The announcement revealed that SUI will officially launch its mainnet at 20:00 Beijing time on May 3. Huobi will promptly support deposits of SUI mainnet tokens and list the SUI/USDT trading pair.
Sui Network is the first permissionless Layer 1 blockchain entirely designed by former Facebook developers. From the ground up, it enables creators and developers to more easily build experiences catering to the next billion Web3 users. The Sui Network ecosystem adopts the Rust-based Move programming language and employs the same PoS consensus mechanism as Ethereum. As a decentralized PoS blockchain, Sui Network achieves horizontal scalability in throughput and storage, enabling efficient DApp development at lower costs. Its goal is to become the first internet-scale programmable blockchain platform.
Thanks to Sui Network's underlying technological advantages across gaming, social, and DeFi sectors, the ecosystem built on Sui has already gained initial scale. Data shows that over a hundred projects are currently being developed on the network, covering six major categories: DeFi, NFTs, gaming and metaverse, infrastructure and developer tools, wallets, and Web3.
A responsible representative from Huobi stated: "Sui Network has reached a long-anticipated milestone. With the mainnet launch, its technological strengths will translate into market competitiveness, potentially driving a surge in ecosystem growth. Cryptocurrency exchanges play a crucial role in ecosystem and community development. Huobi will actively participate in building Sui Network, providing comprehensive support for its long-term growth and seizing Web3 opportunities."
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