Sui Surges Past $1.75B TVL—Bitcoin & Stablecoins Fuel the Momentum 🔥
Sui is making waves in DeFi, smashing past $1.75 billion in total value locked (TVL) and securing its spot among the top 10 blockchains.
🔹 Bitcoin-Pegged Assets on the Rise
Around 10% of Sui’s TVL now consists of wBTC, LBTC, and stBTC, signaling growing institutional and retail interest in Bitcoin-backed DeFi.
🔹 Stablecoin Liquidity Hits $1B+
With over $1 billion in stablecoins circulating across Sui’s DeFi protocols, liquidity is deepening, making it a prime hub for traders and builders.
🔹 SUI Token’s Explosive Growth
SUI recently surged past $5, hitting an all-time high before stabilizing around $3.20—still up significantly year-to-date.
🔹 Industry Recognition & ETF Speculation
Cardano’s Charles Hoskinson praised Sui as a stronger alternative to Solana, fueling bullish sentiment. Meanwhile, whispers of a spot ETF approval for SUI are adding to the excitement.
💡 What’s Next?
With momentum building, could Sui be the next DeFi powerhouse?