SUI is a prominent Layer 1 blockchain with strong ecosystem growth and protocol activity, led by closely competing TVL protocols.
The price increase of SUI is supported by impressive developer growth and on-chain activity, creating a solid foundation for a long-term positive trend.
MAIN CONTENT
The Suilend and NAVI protocols are closely competing with a total value locked (TVL) of nearly $1.07 billion.
SUI's developer growth rate reached 16.1% over one year and 54% over two years, leading the industry.
The SUI price model on the technical chart shows potential for a bullish reversal, with a potential price target from $3.20 to $3.40.
What factors is the SUI ecosystem thriving on?
The SUI ecosystem’s growth is anchored by two major protocols, Suilend and NAVI, with TVLs very close at $539.1 million and $527.5 million, respectively, according to expert Torero Romero. These protocols have shown solid growth since Q4 2024, peaking in January 2025, but with different volatility patterns: NAVI’s growth being steadier, while Suilend experiences more fluctuations.
This tug-of-war between the two protocols highlights user capital allocation’s critical role in determining future dominance in SUI’s DeFi space.
SUI demonstrates an exceptional developer growth rate of 16.1% year-over-year, second only to Solana at 17.7%, underlining its expanding ecosystem vitality.
Torero Romero, Blockchain Analyst, July 2025
Even more impressive, SUI recorded a +54% increase in developer numbers over two years, far exceeding competitors, at a time when the overall crypto developer community contracted by 20%. This unique upward trend reflects SUI’s strong innovation momentum and attractiveness to developers.
Source: Altcoin Buzz/X
What does the SUI price chart indicate about future movements?
Technically, a distinctive inverse head and shoulders pattern on SUI’s 2-hour chart signals a likely bullish trend reversal. The neckline resistance descending from $3.20 to $2.90 was a key barrier until recently when the price broke above $3, validating the breakout and strengthening bullish sentiment.
Breaking above the neckline near $3 confirms SUI’s potential for price appreciation, although sustaining momentum near $3.10 is essential for the next leg up.
Market Analyst, TradingView Report, July 2025
If momentum persists, the upside target is in the $3.20–$3.40 range. Conversely, falling below $2.90 would jeopardize this breakout, risking a retreat toward $2.60–$2.70, which corresponds with the prior right shoulder’s level, typical of a failed reversal pattern.
Source: TradingView
The volume and consolidation around the neckline will be critical indicators to confirm the trend continuation, ensuring the rally is not a false pump.
TVL comparison between Suilend and NAVI
Protocol TVL (million USD) Growth from Q4 2024 to January 2025 Volatility Characteristics Suilend 539.1 Peak in January 2025 Strong fluctuations, high volatility NAVI 527.5 Stable, steady growth More stable, sustainable growth
Frequently Asked Questions
What is SUI and what are the highlights of this ecosystem?
SUI is a Layer 1 blockchain with the highest developer growth rate in the past two years, notable for its strongly competitive DeFi protocols in terms of TVL, attracting significant market interest.
Who is leading in total value locked (TVL) on SUI?
Suilend is leading with $539.1 million TVL, just slightly ahead of NAVI with $527.5 million, both competing closely in the SUI ecosystem.
What signals does the current SUI price chart indicate?
The inverse head and shoulders pattern on the technical chart indicates a bullish potential, with a price target from $3.20 to $3.40 if the significant resistance level of $2.90 is breached.
How does SUI's developer growth rate compare to other blockchains?
SUI achieved a developer growth rate of 16.1% annually and 54% over two years, far surpassing other EVM Layer 1 networks that are declining.
What factors influence the ability to break the SUI price model?
The growth in trading volume and stability around the neckline level of $2.90 will determine whether SUI continues its upward trend.
Source: https://tintucbitcoin.com/sui-va-he-sinh-thai-bung-no/
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