Sui Network (SUI) has reached a significant milestone as its total value locked (TVL) has exceeded $2.1 billion, marking a substantial increase. This growth is primarily attributed to a rise in stablecoin inflows and increased market momentum following its recent collaboration with tech giant Microsoft.

The data reported on DefiLlama reveals that the Sui TVL has reached $2.107 billion, marking a growth of over 104% from its low of $1.031 billion in March. This surge indicates growing user engagement, market confidence, protocol expansion, and liquidity within the ecosystem.

Additionally, information from Artemis indicates that Sui Network saw the highest stablecoin inflows among all blockchains in the last 24 hours. The total stablecoin supply on the network surpassed $1 billion, with a net inflow of $148 million recorded in the same period.

Moreover, there has been a notable increase in weekly decentralized exchange (DEX) volume, signaling heightened user activity and liquidity across the Sui ecosystem. The integration of Sui with Microsoft Fabric at the recent conference further strengthens the enterprise adoption narrative, enabling access to Sui's blockchain data in real-time.

Looking ahead, the long-term vision for Sui blockchain's growth in the next five years is optimistic, with predictions of substantial development in blockchain applications, particularly in gaming. Despite a minor pullback in SUI's price action, technical market indicators remain positive, with analysts forecasting targets above the current trading price of $3.87.

Amidst growing investor interest and endorsements from prominent figures like Raoul Pal, who has a significant portion of his portfolio allocated to Sui, the future outlook for Sui Network appears promising with its expanding TVL, strategic partnerships, and increasing developer adoption.