Amid market-wide corrections, SUI has emerged as a standout, posting a 7.7% increase in total value locked (TVL) while many Layer 1 chains face downward pressure. With SUI’s recent TVL gain of 3.3% over the past week, it is a notable performer, even as crypto markets experienced a downturn since the recent peak on October 29. 📉 With the exception of Sui (+3.3% in 7 days) and a few minor gainers like Zeebu (+1.4%), crypto markets have corrected significantly since its price top last Tuesday (Oct. 29th). Except for any potential bounce to only begin once clarity on the US
The post SUI Gains Amid L1 TVL Pressure As Crypto Markets Correct appeared first on The Merkle News.