Sui Token Surges 46% in Six Months as Layer-1 Blockchain Gains Traction
Sui, a next-generation Layer-1 blockchain, has gained significant traction in the crypto market today. With a capped supply of 10 billion tokens, around 30.9% are currently in circulation. Its native token, SUI, has surged by approximately 46% over the past six months, despite a minor pullback last week.
Sui's mainnet launched in early 2023, marking the beginning of its notable growth and market momentum in the stock market today. Binance Alpha has played a crucial role in accelerating its visibility and adoption by listing several projects built on Sui and integrating the Sui blockchain into its infrastructure.
Sui's DeFi ecosystem has flourished, boasting nearly $2 billion in total value locked (TVL) as of Q2 2025, outpacing most other post-Ethereum Layer-1s in the stock market today. This growth can be attributed to its integration with real-world asset (RWA) protocols like Ondo Finance, expanding stablecoin infrastructure and making Sui a destination for scalable, on-chain financial applications in the stock market today.
Backed by Mysten Labs, which raised $300 million in 2022, Sui has shown commitment to decentralization. In 2024, Mysten Labs repurchased FTX's equity stake and token rights for $96 million. Institutional interest is accelerating, with $11.7 million in inflows in May 2025, the highest among all altcoins according to CoinShares in the stock market today. An institution, though not explicitly named, registered a Sui-based ETF in May 2025.
Sui's impressive growth and market momentum in the stock market today, coupled with its institutional backing and real-world asset integrations, position it as a prominent player in the crypto landscape. With a dedicated team, robust infrastructure, and a growing ecosystem, Sui continues to attract crypto investors and institutional players alike in the stock market today.
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