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Cryptocurrency News Articles
SUI-based stablecoins have reached an all-time high
Apr 04, 2025 at 09:41 pm
Market observers suggest that if this momentum sustains, the chain could soon flip top EVM chains in stablecoin liquidity.
Stablecoins on the Sui chain have reached an all-time high, surging to $724.27 million in the last seven days, as per on-chain data.
If this momentum continues, the chain could soon flip Optimism in stablecoin liquidity. Notably, Optimism (OP) is only $40 million ahead of SUI in stablecoin supply.
According to the latest data from DeFiLlama, Optimism leads the pack with $728.33 million in stablecoin liquidity, closely followed by SUI at $687.98 million in the last seven days.
According to the latest data from Token Terminal, the total value locked (TVL) in the Sui ecosystem has decreased by 0.78% in the last 24 hours, currently standing at $188.28 million.
However, on a weekly basis, there has been a significant increase of 23.37% in TVL.
The latest additions to the chain include AUSD, FDUSD, USDT, USDC, USDY, and BUCK. Together, they have hit a combined market cap of 724,266,550, showing a noteworthy 24.56% surge.
In general, it hints at a maturing DeFi environment, with growing confidence in Sui-based financial applications.
On the price front, the native token of the Layer 1 blockchain is lagging in momentum.
Currently trading at $2.19, SUI has shed over 13% in the weekly timeframe and is presently ranked No. 17 in the entire crypto ecosystem. The circulation supply of the token is $3.24 billion, with a market cap of 7.1 billion.
Despite the current lackluster performance, the price of SUI has soared by 20%, adding a massive average amount of $0.22 to its current value. This abrupt growth suggests that the leading altcoin can become a solid asset now if it continues to grow. Changelly, a leading market predictor, paints a bullish picture for the token in 2025.
Sui Price Prediction 2025
According to the technical analysis, the minimum cost of Sui will be $1.91 in 2025. The maximum level that its price can reach is $5.04. The average trading price is expected to be around $8.17. As per Changelly, the potential ROI stands at 354.1%.
For April, the platform predicted the token’s minimum trading cost to be around $2.43, while the maximum might reach $7.57 during this month. On average, it is expected that the value of Sui might be around $5. Potential ROI: 582%.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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