Cardano founder praises Sui Network ($SUI), says $SUI deserve success

Charles Hoskinson openly supported the Sui blockchain network and praised it as a better & unique technology in the crypto space.

Sui blockchain is an averagely popular layer-1 blockchain network. This blockchain platform was developed by Mysten Labs. The majority of the co-founders & engineers of Mysten Labs belong to former Meta (Facebook) engineers. Sui network’s design is very unique, allowing the network to offer low-latency transactions, high scalability, and a user-friendly experience for decentralized applications (dApps). Sui uses a unique consensus mechanism called Narwhal and Bullshark to improve transaction processing efficiency. Also, Sui’s ecosystem is much better for new developers to build projects on this network.

On 12 Jan 2025, A $Sui coin supporter shared a past tweet of Cardano founder Charles Hoskinson regarding the Sui blockchain and said that the Cardano founder is bullish on $Sui.

In response, Cardano’s founder said that he loves the technology used by Sui Blockchain, which is not only unique & different but also new.

These statements by the Cardano founder are surely going to inject another level of confidence among the $Sui coin investors.

It is worth it to note that, over the past 12 months, Hoskinson showed a significant inclination toward other crypto projects which rely on unique & efficient technology. His efforts showed that the Cardano blockchain is not isolated & also some better level of collaboration between Cardano & Sui may be seen in the future.

$Sui price action

The current trade price of $Sui coin is $4.87 & this price level is 6.65% down over the last 7 days period. Notably, the trade price of this Cryptocurrency is 117% down over the last 3 months’ trading period.