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The Sui public chain where #IKA lka is located experienced explosive rise from 2024 to 2025. This provides an extremely favorable external environment for the future development of IKA.
Active addresses surge: The number of daily active addresses on the Sui network performed impressively in 2025. In April 2025, the daily active addresses once exceeded 2.46 million, surpassing Tron to become the third in the industry. By July 2025, the daily active addresses stabilized above 1.2 million.
High trading volume continues: The cumulative transaction volume of the Sui network exceeded 8 billion transactions by January 2025. In April 2025, the daily transaction volume rose from 3 million to 19.2 million transactions, an increase of 540%.
DeFi TVL hits new highs: The total value locked (TVL) in Sui's DeFi has risen from less than $250 million at the beginning of 2024 to a peak of over $2 billion in the first quarter of 2025. As of June 2025, Sui's DeFi TVL remains stable at over $1.7 billion, surpassing established public chains like Avalanche.
The overall prosperity of the Sui ecosystem means that once the IKA protocol is officially launched and widely integrated, it will be able to directly serve a large and active user base and capital pool.