🧐 SUI and its ecological tokens perform strongly | NAVI's official announcement on Bybit Launchpool is worth paying attention to — NAVI @navi_protocol as the leading project in the SUI ecosystem.

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🧐 SUI and its ecosystem tokens perform strongly | NAVI's official announcement on Bybit Launchpool is worth paying attention to——

NAVI @navi_protocol, as the leading project in the SUI ecosystem, has taken advantage of the recent surge in SUI and is currently in a very strong state;

In addition to several weeks of continuous growth, they announced a partnership with Bybit yesterday:

They launched a week-long growth campaign, distributing 2.5 million NAVX rewards to users who deposit USDC, NAVX, and SUI;

So why should we pay attention to SUI's ecosystem projects?

And why can NAVI Protocol demonstrate significant advantages and an upward trend in the Sui ecosystem?

Clearly, the attention on SUI mainly stems from its fearless trend during price increases, disregarding the overall market; in the crypto world, where price surges are seen as justice, SUI is performing excellently;

Secondly, the SUI ecosystem not only possesses technological innovation and competitiveness but also shows its unique advantages in the blockchain field through its active ecosystem, financial support, and market performance. With the launch of the SUI Bridge, asset cross-chain liquidity has been enhanced, which not only brings more liquidity to the SUI ecosystem but also lays the foundation for future interoperability with other chains; paying attention to SUI is not only due to its current performance but also because of its potential as a next-generation blockchain platform and the possibilities for future development.

As for the advantages of NAVI Protocol, they mainly lie in the following aspects:

1️⃣ Position of liquidity infrastructure:

As the native liquidity infrastructure of Sui, NAVI is similar to AAVE, providing users with a platform to participate in the Sui ecosystem as liquidity providers or borrowers. This infrastructure is crucial for any DeFi ecosystem, as liquidity is the core of a thriving cryptocurrency ecosystem.

NAVI not only fills the liquidity gap in the Sui ecosystem but also promotes overall liquidity growth through its design and incentive mechanisms.

2️⃣ Market share and growth:

NAVI not only leads in TVL within the Sui ecosystem, reaching up to $40 million, but also has a lending market share of 66%. This market position not only demonstrates its efficiency in attracting users and funds but also provides confidence to the entire Sui ecosystem, proving that NAVI's success positively impacts the whole ecosystem.

3️⃣ Strategic cooperation and expansion:

By acquiring Volo, NAVI not only expanded its share in the LSTFi market but also strengthened its core position in the Sui ecosystem. This move shows NAVI's foresight and execution in market strategy, enhancing its competitiveness and influence within the ecosystem through mergers and acquisitions.

4️⃣ Investment institutions:

NAVI has secured multiple rounds of financing from investors including OKX Ventures, dao5, and Hashed. This not only provides financial support but also reflects the investment community's confidence in its technology, team, and market prospects.

Particularly, the involvement of OKX Ventures signifies the importance placed on its future development and potential collaboration opportunities.

5️⃣ Technology and innovation:

NAVI leverages Sui's high-performance features to provide a user-friendly and efficient DeFi experience. By introducing new features such as flash loans and isolated pools, NAVI continuously innovates on a technical level to meet users' diverse needs for DeFi applications.

As the Sui ecosystem continues to develop, NAVI, as a leading protocol, will see its value increase accordingly. Especially with the official launch of the native USDC, NAVI's role as a liquidity hub will become even more prominent, expected to attract more on-chain liquidity and further enhance the value of its ecosystem token NAVX.

Its advantages are not only reflected in its current market performance but also in its layout and foresight for future development.

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