Sui Price Jumps 12% in 24 Hours Amid Increased Ecosystem Activity
Sui Price Surge: Sui (SUI) experienced a 12% price increase, reaching $1.53, with trading volume rising over 70% to $1.14 billion, indicating a return of investor interest and potential resistance levels at $1.80 and $2.00.
Stablecoin Activity: Over $2.4 billion in stablecoins traded on the Sui blockchain in 24 hours, enhancing liquidity and attracting institutional interest through Grayscale’s GSUI Trust and upcoming SUI futures on Coinbase.
DeFi Growth: Sui's decentralized finance ecosystem saw Total Value Locked (TVL) surpass $1 billion, with a 4.46% increase in 24 hours, reflecting strong user confidence and the introduction of new financial products.
Future Prospects: The upcoming launch of SUI perpetual futures in December 2025, along with increasing liquidity and DeFi activity, suggests that Sui's current price surge may lead to a sustained upward trend.
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