Sui Soars: TVL Reaches $2.18 Billion, Daily Active Users Surge Past 1 Million

Sui’s total value locked (TVL) has surged to over $2.18 billion, nearing all-time highs as DeFi adoption continues its upward trajectory. Daily active users remain strong, with the network hitting a peak of 1.7 million addresses on April 29th, fueled by Phantom Wallet support. 📈 This growth comes alongside impressive price action, with SUI’s price targeting $5.30 after consolidating above the $3.85 level.