tl;dr
Sui Network (SUI) has reached a new total value locked (TVL) milestone of over $2.1 billion, driven by strong stablecoin inflows and market momentum following its partnership with Microsoft. Since March, SUI's TVL has more than doubled, reflecting growing user participation, liquidity, and protocol ...
Sui Network's total value locked (TVL) has surged past $2.1 billion, fueled by strong stablecoin inflows and increasing market momentum. Sui led all blockchains in stablecoin inflows, surpassing $1 billion in stablecoin supply on its network. Weekly decentralized exchange (DEX) volume also reached new all-time highs, signaling growing user activity and liquidity.
The network enhanced its capabilities by integrating with Microsoft Fabric via the data indexing platform Space and Time, giving Microsoft developers real-time access to full-chain blockchain data. Mysten Labs, the creator of Sui, projects the network will be central to in-game ownership integration in major games by 2030.
Technical signals point to bullish price action for SUI, with key support levels holding firm despite minor pullbacks. Market analysts highlight targets at $4.76 and $5.67, as SUI trades around $3.87. Macro investor Raoul Pal's allocation of over 70% of his portfolio to Sui reflects strong investor confidence.
This sustained growth is attributed to rising TVL, strategic partnerships like the Microsoft integration, and accelerating developer adoption. Since March, Sui's TVL has more than doubled from $1.031 billion to over $2.1 billion, marking increasing user participation and liquidity on the network.
On-chain data show Sui topped stablecoin inflows with $148 million net inflows over 24 hours recently, affirming its leadership in the DeFi ecosystem. The weekly DEX volume growth further demonstrates heightened activity and liquidity, strengthening its market position.
Looking forward, Mysten Labs envisions Sui as the backbone for widespread in-game digital ownership by 2030, potentially reshaping gaming economies. This vision, coupled with strong technical fundamentals and institutional partnerships, positions Sui Network for significant expansion in the coming years.