$SUI THE NEW SEASON HAS JUST STARTED!!!
Sui is one of the strongest altcoins having increased in price 4 times from the bottom. The question is, is the bullish wave over or is the SUI system still fomo?
In my personal opinion, after the adjustment, if it can hold the $1.6 zone; we will soon see SUI break ATH and the excitement of the SUI system will continue. Below are the bullish points showing that the#SUIseason has just begun
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Circle Issues USDC On Sui
Circle, the issuer of the USDC stablecoin, has announced that the native USDC is now live on the Sui network, making Sui the first blockchain based on the Move language to support native USDC. This news has given a big boost to Sui's growth, not only in terms of total locked value TVL but also in expanding the ecosystem.
In terms of TVL, Sui is currently ranked 7th in the blockchain market with a total locked value exceeding 1 billion USD.
Over the past month, Sui's TVL has recorded a growth of more than 50%, showing the attractiveness of this platform to new investors and projects.
Sui is also the 6th non-EVM blockchain that Circle has released, following platforms such as Algorand, Hedera, NEAR, Polkadot, Solana and Stellar.
When observing the amount of money circulating on the Sui network, we see very steady and sustainable growth.
The appreciation of this ecosystem also comes from the backing of Grayscale through the Grayscale Sui Trust, which further strengthens confidence in the project and its future mining potential.
