Sui (SUI) has experienced a 12% price increase following the SUIFest event, with its total value locked (TVL) reaching a record $2.46 billion. The token is currently trading at $3.64, boasting a market cap of $13.22 billion. Analyst Michael van de Poppe noted the chart pattern as 'very promising,' suggesting a potential breakout. The broader crypto market also saw gains, with Bitcoin trading above $124,000 and Ethereum near $4,700.
Sui Jumps 12% Post-SUIFest, TVL Reaches $2.46 Billion
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