Sui (SUI) is capturing significant attention across the crypto market, as its ecosystem continues to expand at an impressive pace. Total on-chain accounts have surged past 150 million—a 7.05% increase in just one week—marking a clear signal of rising adoption among developers and retail users alike.
This milestone coincides with a favorable macro backdrop, as improving global liquidity conditions offer SUI an opportunity to capitalize on renewed risk appetite in the crypto sector.
Stablecoin Inflows and TVL Drive Protocol Growth
Sui’s rising momentum is supported by robust inflows into its DeFi landscape. Stablecoin market capitalization within the SUI network soared 15.01% in the past seven days, reaching $823.96 million. This not only underscores increased user trust but also strengthens the ecosystem’s liquidity foundation—crucial for staking, trading, and future protocol expansion.
Total value locked (TVL) on Sui climbed to $1.534 billion, with a 0.88% rise in the past 24 hours. While modest, this steady growth illustrates consistent user engagement and mounting confidence in the network’s financial architecture.
Derivatives Market Reveals Strong Bullish Sentiment
On Binance, perpetual futures data shows traders overwhelmingly bullish on SUI, with 90.6% of positions being long. The resulting long/short ratio of 9.64 points to high conviction—but also potential for volatility if sentiment shifts. Still, the alignment between on-chain expansion and trader positioning paints a compelling picture of underlying strength.
Price Lags Fundamentals, But a Breakout May Loom
Despite this broad-based ecosystem growth, SUI was trading at $2.11 at press time—down 1.44% over the last 24 hours. Yet, as global M2 liquidity trends upward, historically a bullish signal for risk assets, SUI may be gearing up for a delayed but impactful price breakout.
Sui’s ecosystem is thriving—from user growth and liquidity surges to rising TVL and bullish trader behavior. While the price has yet to reflect these strong fundamentals, continued capital inflows and supportive macroA conditions could soon drive SUI into a new phase of accelerated performance.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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