.png?#)
Sui’s Stablecoin Volume Goes Over $100 Billion in August
The post Sui’s Stablecoin Volume Goes Over $100 Billion in August appeared on BitcoinEthereumNews.com. The Sui ecosystem’s DEX volume has topped $130 billion In early August, Sui surpassed over $1 trillion in stablecoin transfer volume, which represents a huge milestone The unlock of 44 million SUI tokens (approximately 1.25% of its circulating supply) is scheduled for September 1 Sui has officially crossed $100 billion in stablecoin transfers in August alone, marking a new acceleration in on-chain usage. It is positioned above its competitors, such as Arbitrum (roughly $87 billion), Polygon (approximately $75 billion), and others, showing its growing dominance in blockchain scalability. This is a big deal for ecosystem engagement since stablecoin activity frequently serves as a driver for DeFi protocols, NFT trading, and various payment systems. Additionally, the Sui ecosystem’s DEX volume has topped $130 billion, driven by fast, low-cost transactions via its object-centric and parallel execution architecture. Related: How to Create a Token on the Sui Network: A Step-by-Step Guide With daily DEX volume, TVL (Total Volume Locked), and active user metrics all surging, Sui continues to attract institutional attention. This includes a robust DeFi TVL exceeding $2 billion and Sygnum Bank now offering SUI custody services. Speaking of SUI, it’s wrestling with short-term volatility, with its price dropping about 2.5% compared to yesterday. The token is currently hovering around $3.37. Sui reached a notable milestone In early August, Sui surpassed $1 trillion in stablecoin transfer volume, which represents a huge milestone. This big a number suggests that users are conducting a high volume of transactions with stablecoins, whether for moving funds, trading, lending, or engaging with DeFi platforms. What’s more, such a level of activity points to the network’s role as a foundational infrastructure for decentralized finance. When we take into account this milestone, August stablecoin transfers, DEX volume, and institutional adoption, Sui’s ecosystem shows consistent health and on-chain strength. Related:…
The post Sui’s Stablecoin Volume Goes Over $100 Billion in August appeared on BitcoinEthereumNews.com.
The Sui ecosystem’s DEX volume has topped $130 billion In early August, Sui surpassed over $1 trillion in stablecoin transfer volume, which represents a huge milestone The unlock of 44 million SUI tokens (approximately 1.25% of its circulating supply) is scheduled for September 1 Sui has officially crossed $100 billion in stablecoin transfers in August alone, marking a new acceleration in on-chain usage. It is positioned above its competitors, such as Arbitrum (roughly $87 billion), Polygon (approximately $75 billion), and others, showing its growing dominance in blockchain scalability. This is a big deal for ecosystem engagement since stablecoin activity frequently serves as a driver for DeFi protocols, NFT trading, and various payment systems. Additionally, the Sui ecosystem’s DEX volume has topped $130 billion, driven by fast, low-cost transactions via its object-centric and parallel execution architecture. Related: How to Create a Token on the Sui Network: A Step-by-Step Guide With daily DEX volume, TVL (Total Volume Locked), and active user metrics all surging, Sui continues to attract institutional attention. This includes a robust DeFi TVL exceeding $2 billion and Sygnum Bank now offering SUI custody services. Speaking of SUI, it’s wrestling with short-term volatility, with its price dropping about 2.5% compared to yesterday. The token is currently hovering around $3.37. Sui reached a notable milestone In early August, Sui surpassed $1 trillion in stablecoin transfer volume, which represents a huge milestone. This big a number suggests that users are conducting a high volume of transactions with stablecoins, whether for moving funds, trading, lending, or engaging with DeFi platforms. What’s more, such a level of activity points to the network’s role as a foundational infrastructure for decentralized finance. When we take into account this milestone, August stablecoin transfers, DEX volume, and institutional adoption, Sui’s ecosystem shows consistent health and on-chain strength. Related:…
What's Your Reaction?
