#BinanceAlpha$1.7MReward What is the SUI ecosystem and why is it attracting Binance's attention?
SUI is a modern Layer 1 blockchain designed for high scalability and transaction speed. The SUI ecosystem attracts attention due to its innovative architecture, which supports decentralized applications (dApps) and financial instruments. By launching a trading competition with a prize pool of $1.7 million, Binance aims to promote SUI among its users. This could serve as a catalyst for the growth of the ecosystem and the attraction of new developers and investors.