Sui Network Reaches TVL $593 Million, Competing with STRK and Calestia

Sui Network, a Layer 1 blockchain developed by former Meta engineers, recently reached a major milestone, surpassing Cardano with a Total Value Locked (TVL) of $593 million.

This growth, marked by an influx of $310 million in funding in the past month, highlights an important shift in the DeFi sector.

Amidst this blockchain evolution , InQubeta emerged as a top ICO, rivaling players like Starknet and Celestia with its unique value proposition.

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Sui Network's Rapid Rise

Sui Network's journey from a TVL of $211 million at the start of the year to $593 million reflects rapid adoption and growing confidence in its infrastructure.

The network's native token also reflected this increase, with an impressive rise of 131%. Factors driving Sui's success include its incredible throughput and efficiency, with the ability to handle 6,000 transactions per second and generate 13.8 million blocks in a single day.

This metric not only shows Sui's scalability but also its ability to maintain lower gas prices compared to other Layer 1 solutions, especially Ethereum.

InQubeta (QUBE): Tough Competitor for Starknet and Celestia?

As crypto innovation grows, InQubeta emerges, not just as a participant but as a pioneer in the democratization of investment in the burgeoning AI technology sector. With the intelligent use of the QUBE token, InQubeta opens the doors of the previously inaccessible AI startup arena, and invites a wider range of investors beyond the circle of elite Silicon Valley investors and venture capitalists.

InQubeta's main innovation is the use of NFTs not only as digital art but also as real shares in AI startups. This revolutionary mechanism allows investors to screen, rate, and invest in high-potential ventures using QUBE tokens, turning popular NFTs into a direct support channel for emerging AI companies. This investment model creates fertile ground for shared prosperity, combining the aspirations of startups with the vision of investors, thereby driving the rise of AI through a democratic investment ethos.

QUBE's token architecture is a prime example of economic design, combining deflationary principles with a nuanced tax strategy that encourages long-term investment while driving platform and token growth. Rigorous audits by Hacken coupled with KYC verification by BlockAudit serve as the twin pillars of InQubeta's unwavering commitment to security and transparency.

InQubeta's presale success, which raised more than $10 million, is not just an achievement, but also a reflection of market confidence. The Roadmap, a carefully crafted plan, marks an era of innovation and ambition. With the upcoming launch of the NFT marketplace and the strategic formation of the InQubeta DAO, the stage is set not only for growth but also for a revolutionary cross-chain future – a future where investment boundaries are redefined, and technological and financial horizons converge in a symphony of progress.

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Conclusion

The emergence of Sui Network marks an exciting chapter in the DeFi saga, demonstrating the unexpected potential of new blockchain innovations. However, in the same spirit, we are witnessing an interesting narrative from InQubeta - a parallel revolution that is changing the way we invest. InQubeta isn't just riding the blockchain wave; he is at the helm, taking us towards new horizons in investment, especially in the AI ​​domain.

How to Buy SUI on Bittime

After knowing what SUI is and how it works, are you interested in buying and investing in this crypto asset? You can do it at Bittime. SUI tokens are available on Bittime in  SUI IDR pairings. 

 Below is a guide on how to buy SUI tokens on Bittime. 

1. Register an account at Bittime using an active email. 
2. Complete the identity verification process.  
3. Once the account is verified, open the Bittime application.
4. Select the Market menu or click the graphic icon. 
5. Select IDR pairing to buy SUI with Rupiah.
6. Click 'Buy'.
7. Select the order type to use. Limit orders, market orders and stop orders are available.
8. Enter the nominal rupiah to buy SUI.
9. Click the 'Buy SUI' button. 
10. A notification pop up will appear. Read it carefully and click 'Confirm'. 
11. Enter the six digit Transaction PIN.
12. The application will display a successful order notification. 

For a complete guide on how to buy SUI, click  here .

Apart from buying SUI tokens, you can also buy various crypto assets such as BTC, ETH, SOL, ADA, AVAX, DOGE, and many others. Don't forget, keep monitoring ORDI, BTC, ETH, SOL price chart movements today to find out crypto market trends  on Bittime. 

Crypto asset buying and selling transactions on Bittime are easy, safe and instant. Bittime is officially registered and supervised by Bappebti and Kominfo. 

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DISCLAIMER : This article is informational in nature and is not an offer or solicitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.