SUI Defies Market Downturn, Hits $3.36 Amid DeFi Boom

SUI Defies Market Downturn, Hits $3.36 Amid DeFi Boom
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Despite a broader crypto market downturn, SUI surged to $3.36, driven by robust DeFi activity and capital inflows. The token’s ecosystem saw a 10% rise in TVL, reaching $1.46B, with stablecoin and DEX volumes spiking. Analysts now eye the $4 mark as the next potential target.

  • SUI's TVL surged 10% to $1.46B, driven by DeFi growth and stablecoin adoption.
  • DEX volumes on Sui jumped 38.50% weekly, reaching $2.77B in trades.
  • Analysts watch $3.50 as a key breakout level, with $4 as the next target.
Related Tags: Sui
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