The Sui blockchain has seen considerable growth, with its SUI token experiencing a 115% month-over-month increase in October. In an interview, Router Protocol's CEO, Ramani Ramachandran, attributed this success to an excellent developer experience and strong community engagement. The innovative use of the Move programming language, along with a user-friendly interface, makes Sui appealing to developers. Ramachandran highlighted the positive feedback from developers, indicating that the ecosystem is thriving. In September, Sui recorded a 140% increase in daily active addresses, contributing to a market capitalization of approximately $9.9 billion. Reports have noted Sui's architecture as a competitive advantage over other layer-1 blockchains due to its simplicity and efficiency. Franklin Templeton has partnered with Sui to leverage its high throughput and low latency, particularly beneficial for applications needing frequent updates, such as video games.

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