The Sui blockchain has recently reached a new peak of activity which could indicate a growing adoption of the Sui ecosystem and suggests a potential rebound in the price of the SUI token.

Sui, a scalability-focused blockchain, has surpassed Solana, a top 10 cryptocurrency network, in activity levels, registering 41 million transactions on April 3

Sui, a scalability-focused blockchain with parallel execution, has recently outstripped Solana in terms of transaction activity.

Solana surpassed both Polygon and Tron in terms of transaction volume, but DEX volumes and TVL surged

Polkadot decoupled from the bearish market trend as its value surged by more than 5% in the last 24 hours.

Defined as having massive market caps with little usage, zombie blockchains have gigantic valuations for reasons other than their fundamentals.

Solana price is up today, as a combination of technical and on-chain factors suggests a bullish outlook for SOL.

Protocols such as Lido and EigenLayer have been behind the DeFi TVL resurgence.

The DeFi Report, headquartered in Greater Boston, provides industry-leading research, market insights, and onchain data informing fundamental analysis of crypto networks and protocols.

Solana's stablecoin market has regained its pre-FTX collapse level. Only Coinbase’s Base has grown its stablecoin market faster than Solana this year. One stablecoin in particular is behind Solana's recent rise.