@mysticharmon
In SUI terms, TVL grew 17.7% (from 536.6 million to 631.8 million SUI). This indicates that the growth is not solely driven by token price appreciation but also reflects genuine demand for asset utilization and locking within the ecosystem.
Beyond growth metrics, Q2 2025 saw significant institutional interest. Grayscale recently launched DeepBook and Walrus Trusts, directly exposing Sui’s core protocol assets and boosting ecosystem visibility. And 21Shares filed for a spot SUI ETF in the US.
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