SUI ranks 8th in Total Value Locked, showcasing its increasing market presence and trust.
Suilend saw a 90% growth in TVL over the past month, reaching a total value of $700 million.
Multiple institutions have filed for an SUI ETF, signaling a rising level of institutional interest.
SUI is playing a larger role in the cryptocurrency market and is likely to have a more significant impact during the upcoming bull cycle. Analyst Michael van de Poppe highlighted that SUI plays a key role in the upcoming cycle.
As of now, SUI is the 8th-highest in TVL for all blockchains, highlighting its growing success. Such a high TVL ranking proves that many are confident in the asset. The Suilend lending protocol has experienced fast growth in the SUI ecosystem.
$SUI remains to be one of the core pillars of the upcoming bull cycle.
Interesting metrics:
– 8th highest TVL across chains
– Suilend has become the largest lending protocol with a 90% increase in the past month –> $700M in TVL.
– Over 10% of SUI's TVL is in #Bitcoin-related… pic.twitter.com/t8kypcZeQd
— Michaël van de Poppe (@CryptoMichNL) June 9, 2025
SUI’s TVL Surge and Bitcoin Synergy
Suilend has achieve…
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