Bitcoin.com

Sui Moved $65 Billion for Free. Its Co-Founder Bets Bigger Things Are Coming

August 4, 2026•08:30 AM

The Sui blockchain has achieved a remarkable milestone, processing transactions worth $65 billion without fees, as revealed by Evan Cheng, co-founder of Mysten Labs. This accomplishment demonstrates the network's scalability and efficiency, positioning Sui as a significant contender in the crypto space. The Sui protocol is rapidly gaining prominence in the blockchain ecosystem for its ability to handle massive transaction volumes economically.

Cheng makes a bold prediction that within four years, all digital payments on the internet will flow through the Sui network, with 2026 numbers already backing this bet. This ambition puts Sui on a collision course with traditional financial giants and other blockchains like Ethereum and Solana. The project's success will depend on its ability to expand adoption beyond the crypto niche, securing partnerships with technology companies and traditional financial institutions.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

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