The price of the SUI cryptocurrency has reached a new all-time high
Sui (SUI) was among the best-performing cryptocurrencies today (January 15), reaching an all-time high price of $1.43 (data from CoinGecko). The last time the coin reached $1.4 was in May 2023 after the launch of the Sui Network mainnet.
SUI's market capitalization has surpassed $1.5 billion, making it the 51st digital asset by this indicator.
CoinGecko Data
The asset's current rise comes amid a broad market correction that followed Bitcoin's sharp rise following the approval of spot Bitcoin ETFs in the United States.
However, SUI is going against the market trend. Today, the total value locked (TVL) on the Sui network soared to a peak of nearly $350 million, after last week's trading volume fluctuated between $30 million and $76 million, according to DefiLlama.
