🚀 SUI on the brink of a new rally? Analyst: “Very interesting moment for entry”
Against the backdrop of rising key metrics and a stable technical picture, the SUI token appears to be preparing for a new impulse.
According to crypto analyst Michaël van de Poppe, SUI is currently “on the verge of a breakout to new highs.”
📊 Current numbers:
— Price: $3.11 (+3.85% over 24 hours)
— Local high: $3.1554
— Key resistance: $3.30 — breaking it could trigger the rally
— Support: $3.09, then — $2.97
📈 Technical picture:
— Price broke through $3.08 and has consolidated above it.
— Trading volumes remain high: >12 million tokens in the morning, with a notable spike at $3.12.
— Ascending lows are forming — this is a signal of an ongoing uptrend.
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🔍 Fundamental growth drivers:
1. 📦 TVL in the SUI network reached $1.8 billion — third place among non-EVM blockchains.
2. 💵 The volume of stablecoins tripled over six months — from $400 million to almost $1.2 billion.
3. 👛 SuiLend (lending platform) — TVL growth of 90% in a month (over $600 million).
4. 🧑💻 Increase in the number of wallets after the integration of Phantom and the relaunch of the Slush wallet.
