On the bad side, SUI crypto took a hit this week, dropping from 2.67 to under 2.28 during the latest market 0 the good side, its total value locked (TVL) recently hit an all-time high of 2.63 billion at the start of the month, putting it in 10th place among layer-1 networks, right behind Hyperliquid. Still, on-chain activity isn’t looking 1 trading volume on SUI Chain has dropped more than 50% since early October, falling from around 1 billion to just 500 million a 2 can also see the slowdown in the active address chart. SUI’s user activity keeps sliding, and while it was already far behind big names like Solana and Ethereum, it even got overtaken by SEI back in September.
Story Tags

Latest news and analysis from cryptonews



