$SUI

Here's a 100-word overview of $SUI (as of July 2025):

**Current Status & Performance**

$SUI trades at **$3.85–$3.90**, with a market cap of **$12.2B–$13.3B**. It surged **44% in July** , outperforming major Layer 1s like Ethereum. Technical indicators show **bullish sentiment** (RSI: 63–71), though some suggest overbought conditions .

**Growth Drivers**

- **Ecosystem Expansion**: Total Value Locked (TVL) hit a record **$2.2B**, driven by DeFi protocols like NAVI and Cetus (480% growth) .

- **Institutional Interest**: A Nasdaq-filed spot ETF and **$7B June trading volumes** (surpassing BNB) signal strong adoption .

**2025–2030 Outlook**

- **2025**: Targets range from **$6.77** to **$7.80** .

- **2030**: Predictions vary widely: **$5.05** (conservative) to **$40.39** (bullish) .

**Risks**: Recent hacks (e.g., **$223M Cetus exploit**) and token unlocks ($122M in July) could pressure prices.

*In summary: Strong momentum but volatile; watch ETF developments and ecosystem security.*