Why Sui is Skyrocketing: Price Surge & Growing Ecosystem | Adeniyi Abiodun, Mysten Labs

Adeniyi Abiodun is the co-founder of Mysten Labs and a major contributor to the Sui blockchain. In this week’s podcast, he discusses Sui's unique positioning as a "global coordination layer for the internet," emphasizing its decentralized nature and its technical advancements such as parallel execution and the use of the Move programming language. He highlights the expertise of the team behind Sui, their focus on scalability, and the potential for Sui to revolutionize payments and digital asset ownership. Abiodun also addresses challenges like decentralization concerns and outlines future growth areas, including gaming and DeFi. Chapters 0:00 - Introduction with Adeniyi Abiodun, Co-founder of Mysten Labs 0:42 - What is Sui and how it's different from other L1s 1:50 - Addressing the centralization problem of the internet 3:52 - Scalability and throughput advantages of Sui 5:24 - How Sui solves scalability and throughput challenges 7:31 - Move language: A better approach for Web3 development 10:33 - Object-based model vs account-based model in blockchains 16:00 - Sui token's recent price surge and adoption trends 19:16 - Native USDC launch and its impact on DeFi growth 22:11 - Sui's low latency and fast transaction speeds 33:19 - Expanding Web3 adoption and onboarding billions of users 45:37 - Sui’s vision for the future This episode was sponsored by: NEAR: https://redactedbangkok.ai/?utm_source=thedefiant&utm_medium=referral&utm_campaign=defiant&utm_content=newsletter Stellar: https://stellar.org/soroban?utm_source=defiant&utm_medium=cpc&utm_campaign=defiant_podcast ✨ Check out our new website ✨ https://thedefiant.io/ 🚀 Sign up to our newsletter 🚀 https://thedefiant.io/go-premium#pricing?utm_source=YT&utm_medium=social&utm_campaign=signup 🤑 Find DeFi investment opportunities & educational primers here https://thedefiant.io/promo?utm_source=YT&utm_medium=social&utm_campaign=alpha ✊ Follow The Defiant Twitter: https://twitter.com/defiantnews Discord: https://discord.com/invite/3SdRdEs5ag Instagram: https://www.instagram.com/thedefiant.io/ Telegram: https://t.me/DefiantNews 📬 Contact our Newsroom [email protected] 🤝 Sponsorships & Partnerships [email protected] #TheDefiant​ #DeFi​ #Decentralized​ #Finance​ #Blockchain #Web3