According to PANews, the public chain Sui said on the X platform that its total locked value (TVL) has exceeded US$2 billion, a record high.
Sui said it took just three months to reach the $1 billion mark for the first time. The recent announcements and launches of stablecoins, wallets, and lending protocols have sparked Sui’s growth.
Industry giants like Grayscale, VanEck and Franklin Templeton also gave Sui a boost.