
Sui Network (SUI) Defies Market Slump, Surges 10%, What’s Next?
SUI’s impressive 11% surge, driven by Sui Network’s $2 billion TVL milestone, contrasts with market trends.
SUI’s impressive 11% surge, driven by Sui Network’s $2 billion TVL milestone, contrasts with market trends.
The notable growth of the Web3 ecosystem on the Sui blockchain has bolstered the ongoing $SUI bull run, which is already in the price discovery phase.
The downtime had immediate repercussions for Sui (SUI), the blockchain’s native cryptocurrency with its value dropping 11%.
BitGo extended support for Sui ecosystem, adding custody for NS and DeepBook, and enhancing decentralized identity & trading services.
The daily transaction volume on the Sui blockchain has skyrocketed by 115%, indicating increased demand and potential for a breakout above the $2.00 mark.
Sui Network has defied broader market sell-offs, with the SUI price approaching $2, driven by strong investor activity and expectation og new all-time high.
SUI has merely displaced LTC by a single spot as they both currently sit comfortably at the 20th and 21st spots.
Sui price has grown significant in the past 24 hours as the protocol’s DeFi TVL jumped to a new high.
Users and developers on Sui will benefit from a more seamless experience with USDC.
Despite Sui’s strong performance, upcoming token unlocks could introduce volatility.
The most significant portion of the supply, 5.22 billion SUI or 52.17%, is still locked under the “TBD locked” category.
Ethereum co-founder Vitalik Buterin will be one of the speakers, however, he remains on schedule to connect virtually.
Floki is currently priced at $0.0002646 with a market cap of $2.5 billion while SUI is worth $1.03 with a valuation of $2.4 billion.
The SuiPlay0x1 gaming device will be available in stores worldwide from 2025 onward to improve the adoption of the Sui network.
This article explores the potential of BEFE to outperform altcoin players like SUI (Sui Network) and GALA (Gala Games) in the current bull run.