$SUI 📊 Price & Market Snapshot

Current Price: ~$3.79 (↓ ~2%)

24‑Hour Volume: ~$1.35 B

Market Cap: ≈$13 B, ranking around #13–16

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🚀 Recent Performance & Technicals

Short-Term Rally: Up ~12–13% in the past week and ~33% month-to-date

All-Time High: ~$5.37 (early Jan 2025)

Support & Resistance: Facing resistance around $4.10, with support at ~$3.80; volume trends will be key for next moves

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🔍 What’s Driving the Move?

1. FTX Miscalculation: SUI recently surged ~400%, driven by revisited valuations after FTX’s undervalued liquidations in 2023—had FTX held, their stake would be worth over $6.4 B today .

2. On‑chain Growth: TVL and dApp usage are rising—analysts highlight SUI as a potential “Ethereum challenger” with growing DeFi ecosystem .

3. Strong Developer Ecosystem: Built in Move, Sui supports parallel transactions and is favored by over 100 dApps, with ~$90 B in DEX volume .$SUI