Sui Network Sees Over 1 Million New Wallet Addresses Daily

Sui Network (SUI) has shown an impressive recovery in May, making it one of the top 10 altcoins by market capitalization (excluding stablecoins). Although the SUI ecosystem’s market cap is still relatively modest compared to other Layer 1s, the network is showing signs of unique user appeal. Signs of Explosive Sui On-Chain Activity in May According to on-chain data from Artemis, since the beginning of the year, SUI Network has recorded over 1 million new wallet addresses every day. These new wallets account for more than 80% of the total daily active addresses source: https://beincrypto.com/sui-network-sees-over-1-million-wallets-daily/