$SUI
đš Price & Market Action
Trading around $3.99â$4.04 USD, with a 24âhour range roughly $3.93â$4.24 and daily volume near $3âŻbillion USD .
Over the past week, SUI posted gains (~18%) and recently broke resistance between $3.10â$4.30, technical analysts now eye a potential climb to $5.00 .
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đŚ OnâChain & Ecosystem Developments
TVL (Total Value Locked) has surged past $2.2âŻbillion, signaling growing DeFi adoption .
Momentum DEX, built on SUI, raised a $100M series led by OKX Venturesâa strong sign of expanding ecosystem support .
Infrastructure is solid: Sui boasts sub-400âŻms finality, 297k TPS in testing, a Move-based VM, and supports over 100 dApps with ~$90âŻB DEX volume .
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đ Forecast & Sentiment
Changelly expects a $4 â lower) .
CoinCodex predicts a pullback to ~$3.03 by midâAugust, then leveling around ~$3.10â$3.30 .
Cointelegraph/TradingView tout an upcoming âaltcoin seasonâ that could propel SUI toward $5, once $4.30 resistance is cleared .
Cryptopolitan forecasts a high of $6.77 by yearâend 2025 .
CoinPedia/CoinStats expect SUI could reach $7.01 by end of 2025 đĄ .
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đ§ Summary & Takeaway
Strengths:
Strong developer ecosystem & DeFi usage
Growing on-chain fundamentals
Surge in TVL and high-profile funding news
Risks:
Short-term technical pullbacks possible around $3â3.5
Altâseason rotation might shift based on Bitcoin behavior
Outlook:
Short-term (~daysâweeks): Expect low $3s to low-$4s, possible technical retrace.
Mid-term (months): If altcoin season unfolds, next major target is $5.
Longer-term (by endâ2025): Analysts see possible range from $5 to $7+, depending on continued ecosystem growth.
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â What to Watch
1. Resistance breakout above ~$4.30 â key to triggering next leg up.
2. TVL and DeFi activity trends â more usage strengthens fundamentals.
3. Bitcoin & altâseason rotation â macro market drivers.