Family, SUI is really about to stage a comeback! As a dark horse in Layer 1 public chains, SUI has recently welcomed multiple explosive signals: institutional funds are pouring in crazily, technological upgrades are breaking through bottlenecks, and ETF applications are entering the sprint stage, all paving the way for the $10 target!
🔥 Core Logic Analysis:
1. Institutional Buying Frenzy: Giants like Grayscale and VanEck have already laid out SUI trust funds, with a management scale exceeding $210 million. Even more explosive, Nasdaq has just submitted a 21Shares SUI ETF application to the SEC, which, if approved, will directly bring in hundreds of millions in incremental funds. It’s worth noting that before the Solana ETF was approved, its price surged by 70%, and this time SUI might replicate the legend!
2. Technical Breakthrough at Critical Point: The Sui team is advancing the Mysticeti V2 consensus upgrade, aiming to increase transaction speed to hundreds of thousands per second while achieving unlimited scalability through the Remora horizontal expansion solution. Test data shows that Remora can already support single-node processing of millions of TPS, which will completely resolve the performance bottlenecks in DeFi and GameFi!
3. The Eve of Ecological Explosion: SUI's on-chain TVL has surpassed $1.7 billion, and the market capitalization of stablecoins has reached $918 million, setting a new historical high. After the launch of the decentralized exchange DeepBook V3, weekly trading volume surged by 40%, with DEEP token staking yielding an annualized return of over 15%. More crucially, the virtual card in collaboration with Mastercard has been piloted in Europe, allowing users to directly use SUI for real-world consumption, opening up trillion-dollar application scenarios!
🚨 Risk Warning:
• ETF Approval Delay: The SEC has postponed the final decision on the SUI ETF to January 2026, which may suppress market sentiment in the short term.
• Selling Pressure Shadow: 74 million tokens will be unlocked in May 2025, accounting for about 2.28% of the circulating supply, requiring caution against project team sell-offs.
• Technical Implementation Risk: If the Mysticeti V2 upgrade does not meet expectations, it may lead to funds flowing back to competitors like Solana.
💡 Key Data Anchors:
• Technical Aspects: Current price is $2.99, the 50-day moving average ($3.12) is about to cross above the 200-day moving average ($3.05), historically the average increase three months after a golden cross is 120%.
• On-Chain Signals: Whale addresses have increased their holdings by 12 million SUI in the past 7 days, and exchange reserves have decreased to 285 million tokens, a new 18-month low.
• Market Sentiment: The Fear and Greed Index has jumped from 45 points (neutral) to 72 points (greed), with social media mentions increasing by 300% in a single day.
Follow me and seize the next hundred-fold coin opportunity!🚀#SUI
