Sui, the native token of the layer-1 blockchain platform, has reached a new all-time high (ATH) of $4. This unprecedented growth represents a 100% increase over the last 30 days.
The impressive surge is primarily driven by substantial developments in Sui’s DeFi ecosystem. These enhancements have resulted in a remarkable rise in its total value locked (TVL), which now stands at $1.61 billion.
The community is keen to see if Sui can maintain this momentum and possibly hit $5, given the current market trends and positive developments.
![SUI Token [SUI] Price: Surges 35% to Record $4.23 Weekly Close Amid Rising Volume](https://loutre.blockchair.io/w4/storage/news/yiwooom6qdfcke3a.png){kind=small}
