Eman Abio, co-founder of Mysten Labs, criticized the current crypto gas fee model as structurally flawed and limiting global growth. He explained that Sui network aims to eliminate transaction fees by releasing a free payment SDK in 2026, supporting the expected surge in AI-driven automated transactions. This approach contrasts with traditional gas fees, which act like dynamic pricing and increase costs during network congestion. The success of this model depends on scalable hardware capacity to handle billions of transactions per second, aligning with the future AI agent economy's needs.
DeXe (DEXE) surged 11.16% to $15.21, topping today's crypto gainers amid growing interest in decentralized asset management. Other notable gainers include Stable (STABLE) up 9.31%, Morpho (MORPHO) up 5.62%, Venice Token (VVV) up 4.95%, and Provenance...
Sui Network experienced a 60% surge in daily transactions, processing 4.38 million in 24 hours with a fast 79 ms block time. Its market cap stands at $4.11 billion, over five times Aptos' $757 million, while Sui's DeFi total value locked (TVL) is $2....
Sui Network is launching native, protocol-level private transactions on its mainnet, focusing on confidential stablecoin transfers. This built-in privacy feature, unlike third-party add-ons, will be the default setting, enhancing user confidentiality...
The CoinDesk 20 index remained flat at 2085.44 with 14 of 20 cryptocurrencies trading higher. NEAR Protocol led gains with a 19.4% surge, followed by Internet Computer (ICP) up 4.3%. Meanwhile, SUI and XRP declined by 2.6% and 1.0%, respectively. Thi...
Sui Network introduced gasless stablecoin transfers on its mainnet, allowing users to send supported stablecoins without paying gas fees or holding SUI tokens. This upgrade simplifies blockchain payments and supports assets like USDsui, USDC, and oth...
