Sui Ecosystem Explosive Growth… SUI, 60% Surge in One Week

The Sui ecosystem has been showing a steep growth trend and attracting market attention. Under the leadership of developer Mystenlabs, it is rapidly building its ecosystem infrastructure by continuously releasing new protocols. Driven by ecosystem growth, the Sui (SUI) price has surged by 60% in just one week.
According to the blockchain analysis platform platform Artemis on the 28th, th total value locked (TVL) of the the Sui network was $1.7 billion, a 41.7% surge compared to a week ago. This is due to a massive influx of new users to the Sui network. On the th of activated wallets was 1.3 million, more than 7 times the 180,000 at the beginning of the year.<

Driven by the explosive growth of the Sui ecosystem, the Sui (SUI) price has also soared. As of 2 PM on the 28th, SUI was at $3.6, .4% increase from the previous week. Its market capitalization has exceeded $11 billion, surpassingLink) and and reclaiming the 11th rank in market capitalization.

Mystenlabs, the Sui developer, is expanding its ecosystem by continuously developing ecosystem protocols. Adaini Aviodun, Sui's co-founder and Chief Product Officer (CPO), declared at the beginning of the year that "2025 will be the year Sui becomes mainstream" and previewed a large-scale ecosystem expansion plan.

A representative new protocol is Wallus, which launched its mainnet in March.024 wallus isized storage It introduces a two-dimensional encoding method called 'Red Stuff' to safely store large amounts of data in multiple pieces. As the combination of AI models and blockchain technology gains attention, it is expected to contribute to enhancing Sui's AI learning data processing capabilities. The native token Wall(L) surged sur % past week br Based protocols such as Suiland and Navi have also contributed to ecosystem expansion by increasing their TVL by around 50% in the past week. In particular, the decentralized exchange (DEX) protocol Deepbook, which enables Sui-book trading, is gaining. native deepP) by over 130being listed on Upbit's won market and br and Binance's perpetual futures market the nd.
Technology company Uncommon Lab analyzed in a recent report that "It is rare for a single company like Mystenlabs to take the lead and release different projects and tokens" and "SUI, WAL, and DEEP have all successfully listed on Binance and Upbit, proving their necessity".
<>are forecastsUI soon break through its previous all-high due to the rapid growth of the Sui ecosystem and related tokens. SUI is currently 30% lower than its highest price of $5.35 recorded in January this year. Cryptocurrency analyst Kyle Dobbs said on X, "Sui has now come out of 'stealth mode'" and "This upward trend is not just investment overheating but a real momentum that is increasingly accelerating".
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Notably, the exchange also announced that it will launch more support plans for ecosystem support plans in the near future, including technical support, funding support, and multiple aspects. This indicates that HT Exchange is actively promoting ecosystem development.

Analysts believe that this move measure can not only improve user engagement and but will also long provide long-term development momentum the for.