Sui Network's total value locked (TVL) has surged by 9.17% to reach $1.58 billion in the past 24 hours, according to Coinomedia. This growth positions Sui ahead of Starknet and Flare in terms of DeFi expansion. The increase in TVL highlights strong user adoption and investor confidence in Sui's ecosystem.
Key factors contributing to Sui's rapid growth include its object-centric programming model, low transaction fees, and fast processing speeds, which have attracted a growing number of users and developers to the platform.
Sui Network's TVL Surges to $1.58 Billion, Outpaces Starknet and Flare
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