币界网报道:Sui (SUI) has seen a notable price surge ahead of its upcoming token unlock event, with the token gaining over 20% in the past week. The Layer 1 blockchain is set to release 34.62 million SUI tokens, worth approximately $32.5 million, on February 3, 2024, as part of its scheduled monthly unlocks. This follows a similar unlock in January, where 4 million SUI tokens were released. The upcoming unlock represents about 0.34% of SUI's total supply, with the majority allocated to the Community Reserve (25.5 million SUI) and early contributors (9.1 million SUI). Despite concerns about potential sell pressure from unlocks, SUI's price has remained resilient, currently trading around $1.50. The project's growing ecosystem, including partnerships with major players like Alibaba Cloud and integration with platforms such as Banxa and Ondo Finance, has bolstered investor confidence. Sui's total value locked (TVL) has also surged past $300 million, making it one of the fastest-growing Layer 1 networks. Analysts suggest the market may have already priced in the unlock event, with strong fundamentals and adoption driving continued interest in the token.