🔎 Latest news about $SUI
📉 Analyzing the change in quotes, Sui ($SUI) is experiencing a strong correction of almost 9%. Newer Layer 1 blockchains with developing ecosystems are often more volatile during market downturns.
💡 According to the Sui blog, despite the price action, the ecosystem continues to grow at an accelerated pace. The number of builders and projects on the network has significantly increased, driven by the network's superior performance and the Move programming language.
🛡️ According to DefiLlama, the Total Value Locked (TVL) in Sui has remained relatively stable, indicating that long-term capital is not leaving the ecosystem. This provides a solid foundation for future recovery.
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