Layer 1 blockchain Sui, led by former Meta Diem team, enters top 10 DeFi rankings in less than a year, with TVL soaring 1000%. Surpasses Bitcoin, Cardano, and Coinbase’s Base. $430M+ deposited in DeFi protocols. Greg Siourounis of Sui Foundation credits community momentum and real-world solutions. Sui’s mainnet live since May 2023, features proof-of-stake consensus. SUI token hits record $1.65. Integrates with Banxa for fiat on-ramps.
Sui Becomes a Top 10 DeFi Blockchain in Less Than a Year
