As the Grayscale Sui Trust opened up to accredited investors, SUI’s daily trading volume surged past $800 million. On-chain activity has also shown strength, with TVL reaching $1.15 billion — a 377% increase year-to-date and a 47% rise month-to-date. The DeFi protocols driving this growth include: Navi Protocol (TVL: $439M, MTD growth: 54.67%) Scallop (TVL: $233M, MTD growth: 30.69%) SuiLend (TVL: $198M, MTD growth: 89.27%) .