According to Michaël van de Poppe (@CryptoMichNL), the SUI ecosystem is experiencing strong growth, with stablecoin holdings on the SUI blockchain rising sharply from $400 million in January to nearly $1.2 billion as of June 2025. Additionally, total value locked (TVL) on the SUI chain has reached $1.8 billion, ranking it third among comparable ecosystems. These notable on-chain metrics signal increasing user adoption and capital inflow, which traders may interpret as bullish for SUI’s native token price action. Sustained growth in TVL and stablecoins often correlates with increased trading activity and liquidity, providing potential opportunities for both short-term and long-term crypto investors. Source: Michaël van de Poppe on Twitter, June 16, 2025.