Sui blockchain's DeFi assets near $510M; $30M invested to boost AI data infrastructure.


On October 21, Sui (SUI) traded around $1.05 with decentralized finance (DeFi) applications on its blockchain holding approximately $509.54 million in assets. Stablecoins on the Sui network had a market value of about $554.52 million. Sui is a layer 1 blockchain with a capped total supply of 10 billion tokens, of which about 4.118 billion were in circulation by the end of October. Additionally, the Sui Foundation announced a $30 million investment in DATA Network to bring AI data infrastructure to the Sui blockchain, signaling a strategic move to enhance its ecosystem.



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