Sui Network TVL Hits All-Time High as SUI Token Surges 30%
Sui Network's TVL hits $810.5M, up 283% this year, as SUI token surges 30% amid strong protocol growth and positive market sentiment.
![image Xu Lin](https://image.coinlive.com/24x24/cryptotwits-static/2c1d66efc5e3aabc423bd058f2ae985d.png)
Sui Network's TVL hits $810.5M, up 283% this year, as SUI token surges 30% amid strong protocol growth and positive market sentiment.
Sui initially benefited from Meta’s reputation and high-profile investors, but its long-term viability depends on its unique technical architecture.
Currently, more than 8 billion SUI have been staked, and more than 84% of the staked supply is held by the founding team.
This article conducts an in-depth analysis of the technical architecture, application ecosystem, developer and user attraction, potential application fields, market and community support of the two public chains Sui and Aptos.
Let’s briefly review the reasons for Sui’s surge, and learn about some Sui ecological projects that are currently attracting attention.
This article aims to learn and understand the UTXO model. It uses an easy-to-understand method to briefly sort out the UTXO models and implementation methods from BTC to Sui, Cardano, Nervos, and Fuel to make it better understood.
Rising protocol fundamentals appear to be supporting a 300% surge in SUI prices.
The competitor to the Aptos blockchain said that developers can continue to use its devnet.
These discussions are fueled by the massive funding rounds of two new L1 unicorns, Aptos and Sui, with teams and structures drawn from Meta’s now-defunct Diem and Novi projects.