SUI Soars as Institutional Investment Fuels Growth in Web3

SUI is experiencing a surge in investment from institutional players, contributing significantly to its impressive performance. In May alone, over $21 million flowed into SUI, positioning it as a top-performing altcoin, only second to Ethereum’s record highs. Unlike XRP, which emphasizes payment and remittance solutions, SUI focuses on empowering decentralized applications, attracting institutions aligned with the growing DeFi and Web3 movement. SUI, the native cryptocurrency of…