This Altcoin Departed Positively from the Market, Outperformed Bitcoin!

Spot Bitcoin ETF While it experienced a short-term rise after its approval and reached above $ 48,000, this rise was short-lived and fell to $ 41,000.

BTC While it continues to be traded at the level of $ 42,000 at the time of writing, some altcoins are on the rise. Bitcoin and positively differentiated from the market.

One of these altcoins is Sui (SUI) happened.

While Sui experienced an 11% increase in the last 24 hours, Sui TVL also increased.

Accordingly, while Sui TVL achieved great success by leaving Bitcoin behind, DefiLlama According to on-chain data released by Sui, it now ranks 12th among all chains globally.

This situation has been criticized by analysts as the native token of the decentralized blockchain Sui SUI While it was interpreted as a tremendous market optimism for the company, the increase in TVL was also reflected in the price.

SUI At the time of writing, it continues to trade at $1.41.

*This is not investment advice.

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