Sui soars by over 1,300% from its lowest level in 2023
Sui resumed its strong uptrend, soaring by almost 20%. At last check Saturday, its price hovered at around $5.13.
Sui (SUI), a popular layer-2 network, has been one of the best-performing cryptocurrencies, soaring by over 1,312% from its lowest level in 2023.
This performance has brought its market cap to over $15 billion, making it the 13th biggest cryptocurrency in the industry.
Sui’s surge coincided with the continued ecosystem growth as the total value locked in its Decentralized Finance ecosystem soared to a record high of $1.96 billion.
The biggest players in its DeFi ecosystem are Suilend Protocol, NAVI Protocol, Cetus, Scallop Lend, and Aftermath Finance.
