SUI, daily on-chain transaction volume exceeds $600 million

Cryptocurrency media BeInCrypto reported, “The on-chain transaction volume on the SUI blockchain in the last 24 hours exceeded $600 million. This is the sixth largest on-chain transaction volume among all blockchains in terms of daily on-chain transaction volume.” In this regard, BeInCrypto explained, “Daily on-chain transaction volume is a very important indicator for blockchains because it reflects user participation, liquidity, and overall network demand. The number of Sui-based protocols is much smaller than that of Avalanche (AVAX) and Polygon (POL), but the on-chain transaction volume has surpassed them. This suggests that investors and traders are increasingly interested in Sui.”