SUI, a token backed by Mysten Labs, curated a tidal wave of speculations across the broader crypto market on Monday as the token’s on-chain data showcased a monumental achievement, surpassing Bitcoin in TVL. As per on-chain insights unveiled by a DeFi protocol tracking platform, Sui now ranks 13th among all the chains globally. This appears to have sparked immense market optimism for the decentralized blockchain’s native token, also mirrored by its price jump today.
Sui Price Skyrockets As TVL Triumphs Over Bitcoin
coingape.com
15 January 2024 09:59, UTC