Sui network ecology continues to explode: Hydropower accelerator ends, TVL breaks through $2 billion

On January 9th, Sui Network announced the successful conclusion of its first Hydropower Accelerator program. Twelve teams from multiple fields stood out from hundreds of applications. During the eight-week program, Sui experts provided them with technical and financial support. These projects cover sectors such as DeFi, DePIN, and real assets, further enriching the application layout of the Sui ecosystem.

 

In addition, recently the total locked volume (TVL) of Sui network officially exceeded $2 billion, doubling compared to three months ago, demonstrating strong ecological growth. The recent launch of stablecoins, wallets, and lending protocols has promoted the development of Sui's DeFi ecosystem. Financial giants including Grayscale, VanEck, and Franklin Templeton have also included Sui in their investment products, further enhancing their market influence.

 

In the past year, Sui has not only focused on the financial field, but also actively laid out multiple industries, from cooperating with sports projects such as MLS and ATP to launching the first game ecosystem SuiPlay0X1, demonstrating its extensive application potential. The support of the Sui community has become an important driving force for these achievements. The Sui team stated that it will continue to promote innovation and breakthroughs in the blockchain industry in the future, and 2025 is worth looking forward to!