Canada's June Raw Materials Price Index Month-on-Month

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The Surge of the Sui Ecosystem: A Frenzy Driven by Multiple Factors Recently, the Sui ecosystem has experienced a remarkable surge, with its governance token rising over 75% in a week, far exceeding the market performance during the same period. Behind this phenomenon is a complex interplay of driving factors, including speculation fueled by market rumors, significant changes in capital flows, and ongoing improvements in the ecosystem's fundamentals. Let us delve into the funding trends of this rally, key news catalysts, on-chain data performance, and potential risks to comprehensively interpret the logic behind this ecological frenzy. Hot money flows into the exchange, and contract positions surge. From the on-chain capital flow in recent months, the capital changes of Sui are not significant, showing a net outflow of 32 million USD over a three-month period, which is not a high amount. The on-chain capital flow changes in the past month and the past week are even more negligible, not even ranking in the top twenty among public chains.

The Sui ecosystem is experiencing a comprehensive pump, driven by multiple factors that are boosting market enthusiasm. Recently, the Sui ecosystem has experienced a remarkable overall pump. The SUI token itself has risen over 75% within a week, far exceeding the market performance during the same period. Behind this phenomenon are complex interwoven driving factors, including speculative enthusiasm triggered by market rumors, significant changes in capital flow, and continuous improvements in the ecosystem's fundamentals. This article delves into the capital trends of SUI's recent rise, key news catalysts, on-chain data performance, and potential risks, aiming to provide a comprehensive interpretation of the logic behind this ecological celebration. Capital flow analysis: hot money flows into the exchange, contract positions surge. From the on-chain fund flow in recent months, the fund changes of Sui are not significant, showing a net outflow of 32 million dollars over a three-month period, which is not a high amount. In the on-chain fund flow over the past month and the past week,

The Walrus protocol is a new generation decentralized storage solution launched by Mysten Labs, featuring higher cost-effectiveness, programmability, and flexible data access permissions. It combines the advantages of Arweave and FIL, enhancing storage capabilities through the Sui network, demonstrating potential that surpasses traditional storage protocols. Walrus will become a key solution in the Web3 storage field.

The decentralized storage network Walrus, launched by Mysten Labs, utilizes the RedStuff encoding algorithm to address challenges in the storage field, featuring high scalability and fault tolerance. Walrus will issue an independent governance token WAL, which is expected to promote new developments in decentralized storage.