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According to PANews, the Sui Foundation has released its DeFi report for the second quarter of 2025, highlighting significant developments within its ecosystem. The report reveals that the total value locked (TVL) in the ecosystem reached a peak of $25.55 billion on May 21, later stabilizing above $20 billion towards the end of the quarter. Additionally, transaction volumes increased by 30.54% year-over-year. In the BTCfi sector, new assets such as sBTC and xBTC were introduced, contributing to the ecosystem's growth. On the institutional investment front, 21Shares is nearing the NASDAQ listing of its SUI ETF, marking a notable advancement. $SUI
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#AltcoinBreakout According to BlockBeats, recent data from Coinmarketcap reveals that the Altcoin Season Index has climbed to 49. This index indicates that in the past 90 days, approximately 49 out of the top 100 cryptocurrencies by market capitalization have outperformed Bitcoin. The Altcoin Season Index is a real-time metric used to assess whether the cryptocurrency market is currently dominated by altcoins. It is based on the performance of the top 100 altcoins relative to Bitcoin over the last 90 days.
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