Analyst Michaël van de Poppe predicts a breakout potential for SUI above $3.30 due to strong ecosystem growth and the possibility of reaching new highs.
Source: Blockchain News
SUI, the native token of the Sui blockchain, surged 3.85%, breaking key resistance levels with strong trading volume. Analysts highlight its ecosystem growth, with TVL reaching $1.8 billion and stablecoin supply tripling, indicating a bullish outlook for SUI.
Source: Blockchain News
The SUI network is gaining trader interest with potential for price highs, supported by strong fundamentals and technical analysis. Its ecosystem growth includes stablecoin supply surge to $1.2 billion and a $1.8 billion TVL, enhancing network adoption.
Source: Blockchain News
The SUI network's token showed significant bullish momentum, breaching resistance levels and forming a new support at $3.12. Strong ecosystem growth underpins this, with a $1.8 billion TVL surge, stablecoin supply tripling, and increased DeFi and wallet activity.