The total value locked on the#SUI#BinanceBlockchainWeek blockchain has risen from $665M to $1.75B in just nine days. This dramatic surge indicates strong investor confidence and growing adoption of the SUI system, as users lock more assets into smart contracts for storage, lending, and liquidity. The total value locked, currently at $1.45B and $1.64B, suggests that the growth is sustainable and not speculative. A rise in total value locked is typically associated with upward price pressure, as locked assets reduce the circulating supply while increasing network utility.
SUI price surges above 4.4 USDT, hitting an all-time high
According to Binance Market Data, SUI briefly surged above 4.4 USDT, hitting an all-time high. It is currently trading at 4.3026 USDT, reflecting a 17.17% increase over the past 24 hours.
Bitcoin (BTC) price drops below 101,000 USDT with a slight increase of 5.31% in 24 hours
On December 05, 2024, 15:50 PM (UTC).
According to Binance Market Data, Bitcoin price dropped below 101,000 USDT and is now trading at 100,995.890625 USDT, with a slight increase of 5.31% in 24 hours.