$SUI has gained strong traction on Binance, emerging as a notable Layer 1 blockchain with high throughput and low transaction costs. Backed by Mysten Labs, \$SUI offers a developer-friendly ecosystem focused on scalability and decentralized applications. Recent price action on Binance shows \$SUI holding key support levels, with bullish momentum building amid growing DeFi and NFT activity on its network. Traders are eyeing breakout points around psychological resistance zones, while daily volumes remain healthy. With strategic partnerships and continuous ecosystem growth, \positions itself as a competitive Layer 1 contender. However, volatility requires cautious entry and proper risk management on Binance.