The LOFI token, part of the Sui blockchain ecosystem, has shown notable recovery and growth after a previous sharp decline. Initially reaching an all-time high (ATH) market capitalization of over $250 million before crashing below $10 million, LOFI is now rebounding and approaching a $100 million market cap again. The Sui ecosystem itself is gaining traction, with a total value locked (TVL) of approximately $2.1 billion and the LOFI token price nearing its previous ATH. The recent Kraken exchange listing has contributed to LOFI's market cap rising to around $70 million, with a 150% increase this month. The development team behind LOFI has been credited for persevering through the downturn and continuing to push the project forward. Analysts note that the Sui ecosystem, supported by stablecoin initiatives and a Linux-based operating system, is positioning itself as a promising player in the altcoin market.