$SUI Guys, a quick update on
$SUI since it’s still hovering around 0.89 these days. SUI is a Layer 1 blockchain released in 2023 by former Meta developers from the Diem project. They use Move as their programming language, advertise over 100k TPS, and aim for a final frame rate of 390ms with the Mysticeti update. As of the end of February 2026, TVL has exceeded $1 billion and is growing by around 30–40% per week, cumulative volume since the start of the year is about $43 billion USD placing Sui among the top Layer 1s, and on-chain activity averages around 866 TPS. Developments include DeepBook for DeFi, Walrus for data, Seal for security,
$SUI for names, and Nautilus for computing. There’s also a Stripe bridge preparing USDSui, along with spot ETFs already listed through 21Shares on Nasdaq, Bitwise, and Canary. Price-wise, the all-time high stands at $5.35 and the all-time low around $0.46; currently the price is about 82% below the ATH but roughly 150% above the low. The daily RSI sits near 32, indicating an oversold zone, while MACD remains bearish on the weekly chart, with support levels around 0.84 and 0.70 and potential resistance at 1.05 followed by 1.32. If the price were to return to the ATH of $5.35, it would represent roughly a 5x gain from current levels (0.89 to approximately 4.45+). Overall sentiment is in “extreme fear” territory with Fear & Greed at 11, and geopolitical tensions are currently holding the market back, making a dollar-cost averaging (DCA) position at this level potentially a reasonable idea.
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