$SUI IS POSITIONING FOR A MAJOR REPRICE 🧨

November data shows a clear shift in fundamentals

Market Cap:

$SUI - $5.6B

$TON - $4.0B

$NEAR - $2.3B

$APT - $1.5B

Sui is already the largest in its cohort, but the valuation still doesn’t match the underlying performance

Fees (real usage):

$SUI- $877.2K

$NEAR- $334.2K

$TON- $273.9K

$APT- $55.4K

Sui is generating 2.6x $NEAR, 3.2x $TON, and 16x $APT

Demand is showing up directly in the fee base

Revenue (value capture):

$SUI - $1.1M

$NEAR - $179.3K

$TON - $137.0K

$APT - $54.8K

That’s 6x $NEAR, 8x $TON, and 20x $APT

Activity is converting into real protocol value

Fees show traction

Revenue shows efficiency

Market cap tends to adjust to both

Watch the data

Follow the value

Rotation comes before price action

Let's BUIDL 🧊

SUI
SUIUSDT
1.6132
+2.11%