SUI Skyrockets 60% in 7 Days as Ecosystem Metrics Hit Record Highs

SUI, the native token of the SUI blockchain, has surged 60% over the past week, fueled by aggressive on-chain activity and heightened investor interest. Lookonchain data reveals a 38% increase in Total Value Locked (TVL) to $1.645 billion, while decentralized exchange (DEX) volume spiked 177% to $599 million within 24 hours. Stablecoin adoption on the Sui network has also expanded rapidly over the last two months.

The rally underscores growing confidence in Sui’s ecosystem, with key metrics pointing to robust network utilization. Unlike many altcoins that move in lockstep with Bitcoin, SUI’s performance reflects organic demand for its scalable Layer-1 solutions. market participants are increasingly viewing Sui as a viable competitor to established smart contract platforms.