SUI Token Soars 70% Amid TVL, DEX Volume Surge & Stablecoin Expansion

The SUI token has experienced a dramatic surge this week, climbing an impressive 70%, reaching $3.55 from its starting point. This rise in price is being fueled by a combination of factors: TVL (network value locked) on the Sui blockchain has soared by 38% to reach $1.64 billion, DEX (decentralized exchange) volume jumped 177%, and stablecoin supply expanded significantly, reaching $879 million. This indicates increased activity within the network.