SUI Network Attracts Market Attention with 219% Developer Growth
- On-Chain Performance: SUI Network's total value locked reaches approximately $583 million, with daily DEX volume at $60 million, indicating genuine network usage that attracts both retail and institutional investors.
- Significant Developer Growth: Monthly active developers surged 219% year-over-year to about 1,400, with over 500 active projects and nearly 300,000 daily active users, demonstrating steady ecosystem expansion and increased user value creation.
- Stablecoin Supply and Volume: The network's stablecoin supply stands at $519 million, with USDC comprising about 72%, while monthly stablecoin volume exceeds $100 billion, and cumulative transfers surpass $1 trillion, reflecting the network's maturity and real market demand.
- Institutional Products and Payments Roadmap: The launch of USDsui stablecoin reached $36 million in supply within its first month, with plans for gasless stablecoin transfers in 2026, enhancing its competitive position in the payments space against Solana and Tron.
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Technical Analysis for
Technical Sentiment Analysis for (). As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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