Total Value Locked (TVL) measures the total dollar value locked or staked within a blockchain. Sui’s TVL is nearing $1 billion, placing it in the top 10 blockchain ecosystems. This growth shows increasing interest from users and developers.
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Sui is a Layer-1 blockchain network that competes with platforms like Ethereum and Solana. It has gained attention for its fast transaction speeds and growing ecosystem, positioning it as a potential leader in the blockchain space.