Sui Surpasses Solana in Daily Transactions Amidst Spam Token Frenzy

May 06, 2024

Sui, a blockchain network that targets scalability and low fees, overcame Solana in registered activity. According to Artemis, a blockchain statistics tool, Sui registered over 41 million transactions on April 3, leaving Solana behind with 27.7 million transactions completed during the same period.

The overheating in Sui’s usage is related to spam, a token used to stress test the capabilities and limits of the blockchain. 1 billion spam tokens are issued daily and will be distributed among the users sending transactions using Sui’s network. Spam rewards will be equivalent to the participation of each user in the test, with participants with more transactions issued getting more spam.

This article is for informational purposes only. It is not offered or intended to be used as investment or other advice.

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