Sui Network’s Rise Could Spark Crypto Market Rally, Analyst Predicts

Sui cryptocurrency is experiencing a meteoric rise, surpassing the $4.5 billion mark in total value locked (TVL) and attracting significant attention from industry experts. As of this writing, it sits at eighth place on the TVL rankings, signaling robust DeFi activity. 10% of the total TVL originates from Bitcoin assets, suggesting a strong link with the broader crypto market. This has drawn the eye of renowned analyst Michaël van de Poppe, who highlights three key factors that could push SUI to new heights.