🚀 SUI is making big moves — even in a red market 📉

In the past 24h, $SUI slipped ~4%, trading near $3.82, but the bigger picture tells a different story. July trading volume hit $44.59B — higher than $AVAX + $HYPE + $NEAR combined. 📊🔥

What’s fueling it?

💡 BTCfi launch — bringing Bitcoin liquidity to SUI’s DeFi (DeepBook) for trading, perps, lending & borrowing.

💧 TVL explosion — up 480% since Jan to $2.295B ($3.48B including staking & borrowings).

💵 Stablecoins strong — $1.036B market cap with steady inflows.

Technically, SUI flipped the Ichimoku Cloud resistance but sellers still dominate. 📉 MFI at 36 shows money leaving, yet funding rates stay positive — whales aren’t out. 🐋

Even with price under pressure, the on-chain growth and institutional resilience suggest SUI isn’t done yet. Keep it on your radar. 👀