Bittime – Sui Network has recently surpassed the Solana network in transaction volume. On April 3, Sui handled 41 million transactions, rivaling Solana's 27.7 million transactions on the same day.
SPAM Token Triggers Transaction Surge on SUI Network
This spike in Sui transactional activity was attributed to the introduction of 'spam', the native token of the Sui network. These SPAM tokens serve two purposes: as a means to rigorously test network performance under high demand and as a reward mechanism, allocating tokens to users according to their transactional activity.
Brilliant SPAM Token Use Case Stress Test Results
Stress tests involving 'spam' tokens have resulted in incredible throughput, peaking at 863 transactions per second and stabilizing at around 650 TPS, as reported by a user known as Martyparty.
Attracted Over 60,000 Unique Users
The trial has seen over 65 million transactions so far, and with continued participation, this number is only predicted to continue to grow. Interestingly, this trial has attracted the attention of more than 60,000 unique users to date.
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Sui Develops Websites That Are Able to Accommodate User Needs
To facilitate this process, Sui's team has developed a web client equipped with a cryptocurrency wallet capable of carrying out transactions every second. Additionally, innovative on-chain mechanisms have been implemented to monitor transactions, calculate user-specific rewards, and enable the minting of 'spam' tokens independently of the web client.
Sui achieved a record of 60 million successful daily transactions & is likely to grow even more
Despite this increase in activity, Sui's network remains stable and fully operational. Previously, in a controlled load trial conducted in July, the network managed more than 60 million daily transactions. This benchmark may soon be exceeded with ongoing token 'spam' activity.
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Solana Responds to Keep Up with Sui Network Developments
In contrast, Solana, which handles fewer transactions, has faced several operational challenges, prompting its developers to roll out software updates to address these issues.
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How to Buy Sui Network (SUI) by Bittime
You can buy and sell Sui Network (SUI) in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
Sui Network (SUI) is available on Bittime with the market pair SUI/IDR . To be able to buy SUI IDR at Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn the complete guide on how to buy Sui Network (SUI) on Bittime .
Monitor the price chart movements of Sui Network (SUI), Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER: This article is informational in nature and is not an offer or invitation 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.
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