Sui DeFi Ecosystem Sees Notable Price Surge
- SUI and CETUS post significant gains amid rising DeFi activity.
- CETUS prices increased by over 37% in 24 hours.
- Grayscale’s Sui Trust enhances institutional visibility.
Sui’s rising activity matters due to hefty gains in DeFi, drawing institutional interest with Grayscale’s trust vehicle.
Price Surge and Institutional Interest
The Sui ecosystem experienced substantial growth highlighted by CETUS’s over 20% price increase in 24 hours. Bolstered by a new Grayscale investment, the rising interest underscores the platform’s expanding DeFi presence with a significant total value locked (TVL).
“From quiet beginnings to DeFi powerhouse. In August 2023, the TVL on SUI was just $22M. By April 2025, that number exploded to $1.3B. That’s a ~5,800% increase—undeniable proof that SUI DeFi has become one of the fastest-growing ecosystems in Web3 history.” – Cetus Intern, DeFi Analyst, Cetus DEX
Mysten Labs, the driving force behind Sui, saw its DeFi ecosystem flourishing with substantial TVL growth. Co-founder Evan Cheng leads a team with a formidable background, fueling interest among institutional investors. Grayscale’s introduction of the Sui Trust stands as a testament to this rising interest.
Sui’s price surged from approximately $3.20 to $3.70 in just one day, a 16.28% hike, alongside heightened trading volumes. The implications extend to potential increased regulatory scrutiny, given Grayscale’s prominent role in expanding the ecosystem’s institutional reach.
With the ecosystem’s TVL escalating from $22 million to $1.3 billion, it echoes historical rallies like Solana’s 2021 boom. This growth path presents both opportunities and caution amid Sui’s evolution. Grayscale’s trust provides the needed institutional confidence, reflecting wider interest in smart contract platforms.
Future outcomes may hinge on the ecosystem’s ability to sustain interest and maintain liquidity. Sui’s advancements showcase potential regulatory conversations and technological shifts, given the rapid expansion and enhanced scrutiny in competitive DeFi markets.
