Checkout Why Sui Network is Surging Today?

Checkout Why Sui Network is Surging Today

Sui Network's $SUI Token has been performing well today.

[{"selector":"#anim-f9ffb019-d748-4ffd-8d4e-794273d14923","keyframes":{"opacity":[0,1]},"delay":800,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d85a2677-b942-45fe-b0de-dfb86dd45441","keyframes":{"transform":["translate3d(-109.56522%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":800,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2df093a0-bba9-4b80-a888-f3fe72685b5c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":800,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

The $SUI token is up by +10.99% today, Which is trading at $0.5679

[{"selector":"#anim-4025bd95-5de1-4055-8d84-66053d641fe4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":800,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-c00d1f89-69bf-4226-adf3-02e1202bbf2a","keyframes":{"opacity":[0,1]},"delay":800,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-56f28f55-8b59-464a-bc02-601ce5457dfb","keyframes":{"transform":["translate3d(-109.56522%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":800,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

The reason behind the surge in the $SUI token is their latest whitepaper update.

[{"selector":"#anim-a3835a3c-d0b9-45a6-8b20-883cd8139b7a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":800,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-32034437-d036-43fb-9639-3c03aadfa6a3","keyframes":{"opacity":[0,1]},"delay":800,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-67e9b1e1-2bd9-48ca-83b7-02239a86e44d","keyframes":{"transform":["translate3d(-109.56522%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":800,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

On August 22, Sui has updated Sui Lutris whitepaper

[{"selector":"#anim-4553e8a7-7af0-4c7a-8b61-0b06a6a0778e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":800,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-207c79a1-dd9e-4fea-9608-7bb46e9ca5f6","keyframes":{"opacity":[0,1]},"delay":800,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f01e09b1-6129-4555-a994-49ec4731272e","keyframes":{"transform":["translate3d(-109.85508%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":800,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

in a new update, SuiNetwork can hit 140k–150k operations per second using PTBs and 5K TPS.

[{"selector":"#anim-04c68670-5877-4f1c-a0da-94e693809801 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":800,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-1adeef7e-da7e-4f26-85bc-e2971ad248df","keyframes":{"opacity":[0,1]},"delay":800,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cc5176f6-1031-4c91-9897-068e5214a3fe","keyframes":{"transform":["translate3d(-109.56522%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":800,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Another whitepaper update is, Sui’s finality latency stays under ½ sec even when number of validators are down.

[{"selector":"#anim-fc485cd6-73df-415b-b59a-e48d3236f953 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":800,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-0697a3c2-0e82-4af9-ac48-c87fc2971a20","keyframes":{"opacity":[0,1]},"delay":800,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-47415885-9082-4036-aead-5674cf7b98a2","keyframes":{"transform":["translate3d(-109.85508%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":800,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

The whitepaper updates bring the spark back to SUI Price.

[{"selector":"#anim-a53afd19-0c68-4445-84ad-148703ecf6c9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":800,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-8db01f46-c330-4eaa-a142-6aa3ba72b289","keyframes":{"opacity":[0,1]},"delay":800,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-dc25b3d4-075c-4e42-8631-8ab01492a4bd","keyframes":{"transform":["translate3d(-109.85508%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":800,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Disclaimer: The information provided about cryptocurrencies is for general informational purposes only and should not be considered as financial or investment advice.

[{"selector":"#anim-a8bc1d2f-606f-478c-a210-b30a9a3461d8 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":800,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-b5e60630-6d8a-4a2f-8f6a-031080b764f9","keyframes":{"opacity":[0,1]},"delay":800,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3c5d39bc-a57d-4642-b12a-3c9bdab70ed4","keyframes":{"transform":["translate3d(-109.56522%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":800,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]