SUI Price Surges 68% as TVL Jumps to $1.64B and DEX Volume Hits $599M
- SUI token surged 68% in one week, driven by a 38% increase in TVL to $1.645B and a 177% rise in DEX volume.
- Sui’s stablecoin supply grew by 82% over two months, reaching $879M, supporting the token’s price momentum.
This week, SUI token has seen a significant jump in value, increasing by 68% after on-chain activity. That’s in line with important developments regarding money inflow and decentralized finance mechanisms for the Sui blockchain ecosystem. Total value locked (TVL), trading volumes, and stablecoin supply have experienced faster growth over a short period.
DeFi Activity Pushes TVL to $1.645B As Dex Volumes Record 177% Rise
Sui’s total value locked grew 38% this week to $1.645 billion. This increase in capital locked shows more assets are assigned to smart contracts on the network. It is one of the largest short-term TVL increases across Layer 1 ecosystems in April.. This spike shows more use of DeFi on Sui, assisting in network utility.
During the seven-day period, Sui-based decentralized exchanges processed $599 million in trading volume, which created a 177% growth rate from initial volumes. Network user involvement and liquidity activity strengthened significantly as a result of this increased network activity. The trading platforms seem to finalize increasing numbers of trades because Sui’s digital asset ecosystem has gained rising interest from holders.
Stablecoin Supply Climbs to $879M in Two Months
Sui’s circulating stablecoin supply has grown from $482 million to $879 million over the past two months. The need for these assets within the Sui network grew strongly by 82% throughout the observed period.
Tracking the current market action, CoinMarketCap data indicates that SUI token rose 68.80% over the last 7 days, reaching $3.55 as market cap rose 16.97% to $11.53 billion. Trading volume increased 25.54% within 24 hours, hitting $3.26 billion. Circulating supply stood at 3.24 billion SUI out of a 10 billion maximum. SUI’s FDV reached $35.5 billion with a volume-to-market cap ratio of 28.13%.
The recent 68% price gain reflects renewed demand for SUI following the ecosystem’s rising usage metrics, which places Sui among the top-performing networks over the past seven days based on activity-based performance. The combined increases in TVL, DEX volumes, and stablecoin growth are consistent with the token’s current price momentum.
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SUI Price Surges 68% as TVL Jumps to $1.64B and DEX Volume Hits $599M
- SUI token surged 68% in one week, driven by a 38% increase in TVL to $1.645B and a 177% rise in DEX volume.
- Sui’s stablecoin supply grew by 82% over two months, reaching $879M, supporting the token’s price momentum.
This week, SUI token has seen a significant jump in value, increasing by 68% after on-chain activity. That’s in line with important developments regarding money inflow and decentralized finance mechanisms for the Sui blockchain ecosystem. Total value locked (TVL), trading volumes, and stablecoin supply have experienced faster growth over a short period.
DeFi Activity Pushes TVL to $1.645B As Dex Volumes Record 177% Rise
Sui’s total value locked grew 38% this week to $1.645 billion. This increase in capital locked shows more assets are assigned to smart contracts on the network. It is one of the largest short-term TVL increases across Layer 1 ecosystems in April.. This spike shows more use of DeFi on Sui, assisting in network utility.
During the seven-day period, Sui-based decentralized exchanges processed $599 million in trading volume, which created a 177% growth rate from initial volumes. Network user involvement and liquidity activity strengthened significantly as a result of this increased network activity. The trading platforms seem to finalize increasing numbers of trades because Sui’s digital asset ecosystem has gained rising interest from holders.
Stablecoin Supply Climbs to $879M in Two Months
Sui’s circulating stablecoin supply has grown from $482 million to $879 million over the past two months. The need for these assets within the Sui network grew strongly by 82% throughout the observed period.
Tracking the current market action, CoinMarketCap data indicates that SUI token rose 68.80% over the last 7 days, reaching $3.55 as market cap rose 16.97% to $11.53 billion. Trading volume increased 25.54% within 24 hours, hitting $3.26 billion. Circulating supply stood at 3.24 billion SUI out of a 10 billion maximum. SUI’s FDV reached $35.5 billion with a volume-to-market cap ratio of 28.13%.
The recent 68% price gain reflects renewed demand for SUI following the ecosystem’s rising usage metrics, which places Sui among the top-performing networks over the past seven days based on activity-based performance. The combined increases in TVL, DEX volumes, and stablecoin growth are consistent with the token’s current price momentum.
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