{"id":1986,"date":"2025-06-04T10:37:30","date_gmt":"2025-06-04T10:37:30","guid":{"rendered":"https:\/\/bitunikey.com\/news\/sui-rallies-past-1-75b-tvl-as-bitcoin-and-stablecoin-flows-spike\/"},"modified":"2025-06-04T10:37:31","modified_gmt":"2025-06-04T10:37:31","slug":"sui-rallies-past-1-75b-tvl-as-bitcoin-and-stablecoin-flows-spike","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/sui-rallies-past-1-75b-tvl-as-bitcoin-and-stablecoin-flows-spike\/","title":{"rendered":"Sui rallies past $1.75B TVL as bitcoin and stablecoin flows spike"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p>Sui is rapidly climbing the DeFi ranks, now boasting over $1.75 billion in TVL with growing stablecoin liquidity and rising adoption.<\/p>\n<p>Since its launch, the layer 1 blockchain Sui has been on a strong upward trajectory, making waves in the decentralized finance space. Once a newcomer, the move language-powered network has solidified its place as a serious contender, recording explosive growth across the ecosystem.<\/p>\n<p>According to DeFiLlama data, Sui has surged to over $1.75 billion in total value locked (TVL), edging closer to its $2 billion peak from earlier in the year. This positions the network among the top 10 largest chains by TVL, ranking 8th and surpassing competitors like Aptos, Cardano, and Polygon.<\/p>\n<figure class=\"wp-block-image\"><figcaption class=\"wp-element-caption\">SUI TVL chart| Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/chain\/Sui\" target=\"_blank\">DefiLlama<\/a><\/figcaption><\/figure>\n<p>One key driver of the network\u2019s growth is the rise in Bitcoin-pegged assets. Around 10% of Sui\u2019s TVL is now held in assets like wBTC, LBTC, and stBTC. Additionally, the network has crossed a major liquidity milestone, with over $1 billion in stablecoins now circulating across its DeFi protocols, enabling deeper liquidity for builders and traders.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The blockchain\u2019s native token, SUI, has also contributed to the positive momentum. The token recently surged past $5 to set an all-time high during a market uptrend and, while it has since stabilized around $3.20, remains up significantly year-to-date.<\/p>\n<p>Sui\u2019s positive trajectory has garnered praise across the industry. In October 2024, Cardano founder Charles Hoskinson publicly <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/IOHK_Charles\/status\/1842556751729860950\" target=\"_blank\">praised<\/a> the blockchain as innovative, describing it as a stronger alternative to Solana.<\/p>\n<p>Bullish sentiment continues to build across the ecosystem, fueled by mounting whispers of a potential spot ETF approval for the native token. Should the current momentum hold, it could further solidify Sui\u2019s place as one of the top-performing blockchains.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Sui is rapidly climbing the DeFi ranks, now boasting over $1.75 billion in TVL with growing stablecoin liquidity and rising adoption. Since its launch, the layer 1 blockchain Sui has&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1987,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1986","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/1986","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=1986"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/1986\/revisions"}],"predecessor-version":[{"id":1988,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/1986\/revisions\/1988"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1987"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=1986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=1986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=1986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}