bullish

DeFi

Million

when

Coin

<ul class="wp-block-list news-points">
 <li>SUI recently achieved a $900 million TVL milestone.</li>
 <li>SUI’s recent achievement coincides with a 60% price rally over the past month.</li>
 <li>Increasing DeFi activity is behind SUI’s recent resurgence.</li>
</ul>
SUI, the native token of the layer-1 blockchain platform Sui, hit a major milestone reaching a total value locked (TVL) of over $900 million.
Host of the Altcoin Buzz <a href="https://www.youtube.com/watch?v=MKKPAEbQcF0" target="_blank" rel="noopener noreferrer nofollow">podcast</a> noticed SUI gained a massive 60% over the past month, climbing to over $1.60 in its latest surge.
The analyst reviewed SUI’s price performance in the past year, showing how the altcoin’s price peaked in March when it rallied to $2.18 during a crypto market surge. SUI’s March rally happened at the same time as Bitcoin’s pre-halving surge, which pushed the leading cryptocurrency to record highs.
Afterward, both SUI and Bitcoin pulled back after hitting new highs, with the layer-1 blockchain’s token falling below $0.5 in August before reversing course and rallying nearly 260% in less than seven weeks. The podcast analyst believes SUI’s latest surge indicates the altcoin’s potential to reach a new all-time high.
<h2 class="wp-block-heading" id="h-sui-s-bullish-surge">SUI’s Bullish Surge</h2>
SUI’s recent bullish movement includes a …
The post <a href="https://coinedition.com/sui-surges-60-in-a-month-approaches-900-million-tvl-milestone/" rel="noopener noreferrer nofollow">SUI Surges 60% in a Month, Approaches $900 Million TVL Milestone</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

SUI Surges 60% in a Month, Approaches $900 Million TVL Milestone

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