📉 1. Market Conditions & Risk Sentiment
Cryptocurrencies generally move up and down with Bitcoin and overall risk appetite. When investors become cautious (e.g., crypto markets fall), small-cap tokens like $SUI fall faster and deeper than big ones. �
CaptainAltcoin
📦 2. Token Supply & Unlock Events
$SUI has a large total supply (10 billion), but much of it is locked and gets released gradually. When many tokens are unlocked, there’s more supply available to sell, which can push the price down. �
Capital.com +1
📊 3. Weak Ecosystem Activity
If fewer users and developers are actively building or using the network (less Total Value Locked or fewer DeFi apps), demand stays low, which keeps prices down. Reports show SUI’s ecosystem participation has dropped and locked assets (TVL) fell significantly in recent months