The Blockchain Suis continues to see an increasing adoption and to position itself as a formidable competitor of Solana.
The traction comes in the middle of the growing dynamics of the developers, the interest in the DEFI protocols based on suis and successful integrations with real world web3 applications.
Sui Tvl Surge: what users should know
According to DEFILMA data, the total locked value (TVL) on the Blockchain SUP recently climbed to a new top of $ 2.1 billion. Despite a modest drop to $ 2.088 billion at the time of writing this article, the traction represents an increase of 17% compared to the lows of May.
Meanwhile, the Loan -based loan protocols saw a peak of 78.86% in TVL in the last month. Incitations with increased liquidity, strong yields and increasing attention to retail and institutional participants are engines of this growth. A major engine is the naval protocol, the flagship loan and borrowing platform of SU.
The Navi protocol recently crossed another step. His token, Navx, secured the list on Binance Alpha, after the previous beginnings on the OKX Exchange.
“Navx listed on Binance Alpha!” Navx gets momentum. After the recent OKX list, the native token of the Navi Defi ecosystem obtained its spotlight on Binance Alpha. Navi brings a revolutionary challenge on suis to binance Alpha Uservy, with credit / borrowed, liquid talking and trading ”, the Navi protocol shared on X (Twitter).
Binance echoed development, by committing to exclusive Airdrops of Su Ecosystem Asset for active traders on the new SU channel.
“The low shift on Binance makes Navx a leading choice for agricultural alpha points,” said an ambassador of the Navi protocol.
These announcements stimulate the liquidity of Navx and raise the visibility of the wider SUT DEFI ecosystem. This positions the chain as a formidable competitor in layer 1 wars (L1).
Applications of the real world on Such take shape
Beyond DEFI, applications of the real world on Su follow are beginning to take shape, with a notable traction in the space of loyalty and commerce.
Mojito, a web infrastructure supplier 3 trade best known to feed the NFT markets for luxury brands like Sotheby’s and Mercedes-Benz, launched Mojito Loyalty, a gamified loyalty platform entirely on suis.
Mojito fidelity based in sui is designed for transparent integration with web3 projects. It allows brands to incorporate missions, rewards and commitment tools directly in their user interfaces. This eliminates the need for additional wallets or third -party dashboards.
By taking advantage of the fast and low -cost infrastructure, Mojito can offer a real -time and scalable user engagement without compromising the experience.
“Mojito Loyalty is a solid example of what is possible when the web infrastructure is built with a user experience at the base … We are delighted to see more projects relying on Such Adopt Mojito Loyalty … and defining a new bar for what chain engagement can look,” said Lola Oyelayo-Pearson, Product Director at Mysten Labs, in an interview.
In the same tone, the CEO of Mojito, Neil Mullins, said that the loyalty market, planned to reach $ 155 billion by 2029, was ripe. Its white and customizable brand solution offers web3 brands a powerful alternative to inherited CRM tools.
Launch partners like CUR8 already see results. More than 1,400 users would have completed missions in a few weeks and have won awards.
The rise of the protocols DEFI like Navi and the platforms of the real world as Mojito paints a bullish image for the SUC ecosystem.
As its TVL is developing, SU proves that scalability, low costs and user -oriented design lead a real adoption, high -efficiency loans to gamified fidelity.
However, despite the definition, the Suppre price increased by 0.86% modest in the last 24 hours. When writing these lines, he was exchanging against $ 4.00.
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