SUI volume and price surge: SUI Network’s tokens have witnessed a significant trading volume, reaching 50 billion USD, creating a new high in crypto trading activity. This growth partly reflects investor confidence in SUI and opens new potential directions for SUI’s price in the near future.
Total Value Locked (TVL) rises sharply: SUI Network saw a notable increase in TVL in November, up by 55.58% to 1.6 billion USD. This indicates increasing investment and staking, reflecting investor confidence in the platform. This milestone shows the growing community interest in SUI’s products.
Commitment to partnerships and development: SUI has strategically partnered with Babylon Labs and Lombard Finance to enhance Bitcoin liquidity integration, allowing BTC staking on the SUI network. This significantly increases liquidity for SUI and solidifies its position in the blockchain space through innovative decentralized financial solutions.