Crypto News

$SUI Emerges As Top Gainer With TVL Surging To $263M On CMC

In the past week, SUI has seen fluctuating prices but generally an upward trend, backed by robust support levels and expectations of continued market volatility.

Within the tech sector, SUI is gaining prominence, notably with recent developments like BitMateX’s introduction of the SUI public chain and collaboration with Karrier One. This partnership aims to merge telecom services with web3 technology, amplifying the potential of digital identity and improving connectivity for underserved communities.

As of now, $SUI stands out as the leading daily gainer on CoinMarketCap, boasting a 22% surge in the last 24 hours and currently valued at $1.09. The trading volume has spiked by 156%, demonstrating heightened market activity.

Sui Network TVL Sees Massive Milestone Breakthrough To $263 Million

SuiNetwork, the decentralized exchange (DEX) associated with SUI, has witnessed a substantial surge in volumes over the past three months. Impressively, Sui’s Total Value Locked (TVL) has soared to $263 million, marking a noteworthy accomplishment.

Just last week, Sui’s TVL reached $225 million, reflecting remarkable growth:

– A remarkable 85% surge in the past month

– An impressive 500% increase over the last three months

– A staggering 1350% surge in the past six months.

These figures underline the significant traction and interest SUI has garnered within the crypto space, positioning itself as a standout performer and gaining recognition as a top gainer on CoinMarketCap.

In summary, SUI’s recent advancements, coupled with its surging TVL and market performance, underscore its growing influence and attractiveness within the cryptocurrency landscape.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!

Image Source: crazyass/123RF // Image Effects by Colorcinch

Leave a Comment

Your email address will not be published. Required fields are marked *