As reported by Cryptofrontnews, Sui’s price surged 12% in the past 24 hours, reaching $1.53, driven by a $2.4 billion influx of stablecoin trading on the Sui blockchain. The total value locked (TVL) in Sui’s DeFi sector rose 4.46% to $1.006 billion, signaling growing investor interest. The upcoming launch of SUI futures on Coinbase and the introduction of the GSUI Trust by Grayscale are expected to further boost market activity.
Sui Price Surges 12% in 24 Hours, TVL Crosses $1 Billion
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