Hello my dear friends, what's up all, hope you doing well and enjoy your moments.today I share a very important news about #sui
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Sui Blockchain is one of the projects that has been the center of the most discussion amid the various fluctuations in the crypto market over the past few months. To be honest, when I first learned that the total value locked (TVL) of the Sui network had exceeded $2.6 billion, I was a little overwhelmed. Because this number is not only an indicator of a financial exchange, but also serves as a signal; it proves that decentralized finance (DeFi) is gradually entering a new phase.
Sui’s progress has made me wonder how a network can gain the trust of so many people in such a short time. Where their TVL was just under 250 million at the beginning of 2024, today it has increased tenfold to billions of dollars. This rise is not only in investment, but it is a huge progress in both technology and community.
Another thing that has particularly interested me is the Stablecoin market cap. Sui has now surpassed major networks like TON, Mantle, and even Optimism. This means that users are not just investing, but trusting Sui as their stable trading platform.
The most exciting news is that US-based CoinShares recently launched a new altcoin investment fund called DIME ETF, which also includes layer-1 assets like Sui. This proves that even large institutions are now taking Sui seriously. DeFi was once a playground for tech enthusiasts, but now it is slowly becoming part of the mainstream economy.
However, the reality is that the market does not always move in a straight line. The price of the SUI token is still under some pressure, having fallen by about 5% in the past month. But according to market analysts, this is just a “consolidation phase” — where the price stabilizes before a major future rise. Many say the price may drop slightly below $3.20, then rebound again.
[Src](https://beincrypto.com/sui-tvl-defi-growth-breakout/)
In my opinion, Needle is now not only a blockchain venture; It is likewise being considered a image of destiny economic freedom. Of route, its fast boom, stability and accept as true with amongst traders display that when era and believe come together, new opportunities open up.
Only time will tell what the future holds. But one thing is certain — Sui has now reached a point in this DeFi wave where it is no longer possible to ignore.
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