Why SUI’s Rapid Growth Makes It a Key Player in the Upcoming Bull Cycle

SUI ranks 8th in Total Value Locked, showcasing its increasing market presence and trust. Suilend saw a 90% growth in TVL over the past month, reaching a total value of $700 million. Multiple institutions have filed for an SUI ETF, signaling a rising level of institutional interest. SUI is playing a larger role in the cryptocurrency market and is likely to have a more significant impact during the upcoming bull cycle. Analyst Michael van de Poppe highlighted that SUI plays a key role in the upcoming cycle. As of now, SUI is the 8th-highest in TVL for all blockchains, highlighting its growing success. Such a high TVL ranking proves that many are confident in the asset. The Suilend lending protocol has experienced fast growth in the SUI ecosystem. $SUI remains to be one of the core pillars of the upcoming bull cycle. Interesting metrics: – 8th highest TVL across chains – Suilend has become the largest lending protocol with a 90% increase in the past month –> $700M in TVL. – Over 10% of SUI’s TVL is in #Bitcoin -related… pic.twitter.com/t8kypcZeQd — Michaël van de Poppe (@CryptoMichNL) June 9, 2025 SUI’s TVL Surge and Bitcoin Synergy Suilend has achieve… The post Why SUI’s Rapid Growth Makes It a Key Player in the Upcoming Bull Cycle appeared first on Coin Edition .

Source: Coin Edition