Reviewing this year’s public chain projects, few have made notable gains on L2, while L1 has shown resilience. SOL’s impressive rise from $10 to over $100 had previously attracted attention, but the recent $SUI surge has stolen the spotlight. SUI was launched during a bear market, dropping from $1 to $0.36. However, it made an impressive recovery during the March bull market, reaching $2.18 (a 600% increase). Its most recent rally saw it surge 320% from $0.46 to $1.66. SUI’s multiple price jumps and strong momentum make it worth watching. Notably, its total value locked (TVL) has surpassed $1 billion, joining the exclusive club. As the only non-EVM public chain competitor to $SOL and TRON, SUI is poised to challenge SOL’s dominance. With just two years of development, the growth of the SUI ecosystem has been remarkable. DeFi enthusiasts will appreciate its hidden gems, including Suilend (lending) and Rootlets (NFTs), which have yet to issue coins. Recent milestones include the issuance of a native stablecoin on Sui, the opening of compatible funding channels, and the launch of Grayscale’s Sui Trust, fueling the imagination for a SOL competitor. Additionally, SUI released its Walrus Protocol storage solution, paving the way for future TVL growth and application. With the EVM public chain facing pressure, consider turning your attention to alternative public chains like SUI.Current price: $1.66

$SUI