Sui’s (SUI) rise is further supported by rising Total Value Locked (TVL) metrics within the Sui network and a remarkable increase in on-chain trading volume.
According to DefiLlama data, TVL has reached an all-time high of around $420 million, demonstrating growing confidence and engagement in the Sui ecosystem.
Furthermore, trading volume has remained consistently high, with the last recorded dip below $50 million occurring on January 25.
Crucially, SUI’s remarkable rise coincides with a broader market recovery. Leading cryptocurrencies have seen significant gains in the last 24 hours.
Bitcoin (BTC) reached a three-week high near $44,000, while Ethereum (ETH) comfortably surpassed the $2,300 level. Cardano (ADA) and Solana (SOL) saw significant increases of 8% and 6%, respectively.
SUI’s rise is further supported by rising Total Value Locked (TVL) metrics within the Sui network and a remarkable increase in on-chain trading volume.
According to DefiLlama data, TVL has reached an all-time high of around $420 million, demonstrating growing confidence and engagement in the Sui ecosystem.
Furthermore, trading volume has remained consistently high, with the last recorded dip below $50 million occurring on January 25.
Crucially, SUI’s remarkable rise coincides with a broader market recovery. Leading cryptocurrencies have seen significant gains in the last 24 hours.
Bitcoin (BTC) reached a three-week high near $44,000, while Ethereum (ETH) comfortably surpassed the $2,300 level. Cardano (ADA) and Solana (SOL) saw significant increases of 8% and 6%, respectively.
