The SUI token experienced a 115% month-over-month gain in October and continues to appreciate as it emerges as a Solana competitor.
The Sui blockchain ecosystem has experienced significant growth in recent months, and its native Sui (SUI) token has seen a sustained rally alongside it. In an interview with Cointelegraph, Ramani Ramachandran, co-founder and CEO of Router Protocol, said this was due to a great developer experience and community in the Sui ecosystem.
Ramachandran said that Sui manages to combine the easy-to-use Move programming language with a simplified interface for end consumers, making the blockchain ecosystem attractive to developers. The CEO told Cointelegraph:
Ramachandran continued, “The community and vibes have been great,” and praised the Sui developer community as a sustainable ecosystem, positioning it as a counter to other alternative layer-1 projects that flounder following a token generation event.