$SUI Price and TVL Soar on VanEck ETN Launch and MemeFi Integration
The Sui$SUI blockchain reached a total value locked (TVL) of $1.391 billion on Nov. 12, up sharply from $211.39 million at the start of 2024, according to DeFiLlama. This growth accompanies SUI’s price hitting an all-time high of $3.51 on Nov. 14. Meanwhile, MemeFi, a Telegram-based tap-to-earn game, is set to launch its token on Sui on Nov. 22 instead of initially launching on Ethereum’s Linea. The recent launch of VanEck’s SUI ETN in Europe also underscores Sui’s growing adoption.
