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Sui’s Stablecoin Volume Goes Over $100 Billion in August


by Coin Edition
for CoinEdition
Sui's explosive on-chain growth, with $100B in monthly volume, faces a major test from an upcoming token unlock.
  • The Sui ecosystem’s DEX volume has topped $130 billion
  • In early August, Sui surpassed over $1 trillion in stablecoin transfer volume, which represents a huge milestone
  • The unlock of 44 million SUI tokens (approximately 1.25% of its circulating supply) is scheduled for September 1

Sui has officially crossed $100 billion in stablecoin transfers in August alone, marking a new acceleration in on-chain usage. It is positioned above its competitors, such as Arbitrum (roughly $87 billion), Polygon (approximately $75 billion), and others, showing its growing dominance in blockchain scalability.

This is a big deal for ecosystem engagement since stablecoin activity frequently serves as a driver for DeFi protocols, NFT trading, and various payment systems.

Additionally, the Sui ecosystem’s DEX volume has topped $130 billion, driven by fast, low-cost transactions via its object-centric and parallel execution architecture.

Related: How to Create a Token on the Sui Network: A Step-by-Step Guide

With daily DEX volume, TVL (Total Volume Locked), and active user metrics all surging, Sui continues to attract institutional attention. This includes a robust DeFi TVL…

The post Sui’s Stablecoin Volume Goes Over $100 Billion in August appeared first on Coin Edition.

Read the article at CoinEdition

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Sui’s Stablecoin Volume Goes Over $100 Billion in August


by Coin Edition
for CoinEdition
Sui's explosive on-chain growth, with $100B in monthly volume, faces a major test from an upcoming token unlock.
  • The Sui ecosystem’s DEX volume has topped $130 billion
  • In early August, Sui surpassed over $1 trillion in stablecoin transfer volume, which represents a huge milestone
  • The unlock of 44 million SUI tokens (approximately 1.25% of its circulating supply) is scheduled for September 1

Sui has officially crossed $100 billion in stablecoin transfers in August alone, marking a new acceleration in on-chain usage. It is positioned above its competitors, such as Arbitrum (roughly $87 billion), Polygon (approximately $75 billion), and others, showing its growing dominance in blockchain scalability.

This is a big deal for ecosystem engagement since stablecoin activity frequently serves as a driver for DeFi protocols, NFT trading, and various payment systems.

Additionally, the Sui ecosystem’s DEX volume has topped $130 billion, driven by fast, low-cost transactions via its object-centric and parallel execution architecture.

Related: How to Create a Token on the Sui Network: A Step-by-Step Guide

With daily DEX volume, TVL (Total Volume Locked), and active user metrics all surging, Sui continues to attract institutional attention. This includes a robust DeFi TVL…

The post Sui’s Stablecoin Volume Goes Over $100 Billion in August appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Tech Stocks and Crypto Markets See Gains on August 27

Tech Stocks and Crypto Markets See Gains on August 27

Detail: https://coincu.com/markets/tech-stocks-crypto-gains-august-27/
Bitcoin Whale Sells 968 BTC for Ethereum on Hyperliquid

Bitcoin Whale Sells 968 BTC for Ethereum on Hyperliquid

Detail: https://coincu.com/markets/bitcoin-whale-trades-btc-for-eth/