📉 $SUI Coin #todaynews Update – July 1, 2025

Sui ($SUI ) is #trading at approximately $2.70, down about 4% in the past 24 hours, reflecting a broader market dip for Layer‑1 altcoins . Despite the pullback, technical indicators are showing signs of a potential rebound, as some analysts spot bullish momentum building under the surface .

A notable $120 million token unlock is set to hit the market, which could pressure prices further by up to ~15% if sentiment weakens . However, trading volume has recently surged ~37%, hinting at increased investor interest .

On the ecosystem side, $SUI ’s total value locked (TVL) has climbed past $1.8 billion, fueling optimism about renewed DeFi and utility growth .

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🔍 Bottom line: #Sui is facing short‑term pressure but with strong fundamentals—rebounds, rising TVL, and deeper trading—this dip might present a decent entry point.