Sui, a leading Layer 1 blockchain developed by the team behind Meta's Diem stablecoin project, is becoming the preferred choice for builders due to its superior technology and a 2000% increase in Total Value Locked (TVL).

The blockchain recently passed the $300 million mark in TVL.

Solend, one of the top lending protocols, is the latest to choose Sui.

With this, Sui has not only crossed a major milestone, but also surpassed Bitcoin on a particular parameter.