Sui TVL Reaches $2.1 Billion as Bulls Aim for $10 Price Milestone

Sui’s total value locked (TVL) has skyrocketed to $2.1 billion, fueled by the growth of DeFi protocols and increasing institutional interest. The rise in TVL is driven by lending protocols like NAVI Protocol, which saw a 78.86% surge in just one month. This momentum is further driving price increases for SUI as bulls target the $10 price mark. New applications of this blockchain are gaining popularity, attracting both retail and institutional investors.