Sui network's total value locked (TVL) has reached an all-time high of $1.72 billion, coinciding with the altcoin's own all-time high price of $4.43. The price surge reflects strong momentum and increased network activity, indicating growing investor confidence and asset adoption.
Sui network’s total value locked has reached an all-time high of $1.72 billion as the altcoin hits an ATH on price charts.has experienced a strong upswing to hit an all-time high of $4.43. The price increased from a low of $3.529, and was up nearly 25.85% on the 7-day chart.
Mostly, a continued growth in total value locked usually correlates with rising utility and interest for an asset. This creates favorable conditions for upward pressure on its value thus raising prices. Therefore, with Sui’s TVL holding over the past months, with a constant value above $1.4 billion, this suggests that there’s sustained capital inflow. As such, these conditions are suitable for the altcoin to continue with an upward movement.As observed above, Sui is experiencing strong momentum evidenced by the increased capital inflow signaling bullish sentiment.
Sui Network Total Value Locked All-Time High Altcoin Market Cap
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