• SUI is now trading at $3.25 with $11.61 billion market cap, $1.57 million day-to-day volume activity fueling bullish momentum.
• Total Value Locked skyrocketed by $200 million to $250 million over days, reinforcing the acceleration of adoption and DeFi expansion.
• Sui’s volume touched $12.7 billion after three days of consecutive swap records, reinforcing strong firm sentiment.

SUI is gaining attention across the cryptocurrency arena with a combination of stable price movements and frantic liquidity gains. Sui is trading at $3.25 with a $11.61 billion market capitalization and just bounced through significant resistance levels while its Total Value Locked bounced through $250 million, reflecting increased on-chain activity.

SUI is now trading at $3.25, having registered a minute decline of this token by 0.51% within the past 24 hours. The market capitalization of the token is $11.61 billion with a dominance percentage of 0.30%, and with a decency of trading of a massive $1.57 billion on a daily basis.

SUI Breaks Above $3.25 Level

A recent post by Gemxbt revealed that SUI emerged as the top-mentioned ticker over the past hour to represent growing market interest. The token managed to achieve a breakout above $3.25 recently, with the assistance of higher trading volumes to justify the bullish market setup.

The indicators provide mixed but hopeful suggestions. The RSI is firmly set among the overbought regions, and a short correction seems likely. But the MACD is always bullish, and continuing upward action could propel gains higher should buying sentiment prevail.

Investors should be closely monitoring key levels of resistance at $3.30 and support around $3.20. A rally through resistance on a sustainable basis could trigger a larger push upward, while a move down through support could confirm a short-term correction.

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Sui’s Liquidity Layer Surges as TVL Hits $250M

A crypto analyst remarked that Sui’s liquidity layer is making waves with a deafening spike in the overall value locked (TVL), reaching $250 million within days, with a starting valuation of $200 million. The success underscores rising adoption and the layer’s rapidly growing popularity within the decentralized finance (DeFi) space.

The trading volume is also remarkable to a higher degree. Sui recorded three consecutive days of record-breaking swaps, putting its combined volume at $12.7 billion. Such an increase in activity does not contradict the general trend of the market, which has been moving sideways.

The protocol’s CLMM model of the market maker acts as a source of competition. Through the post, Sui is eclipsing competitors with a TVL of up to 5 times larger, with efficiency as its motoring engine and not a buzz phrase to please marketing.

Sui is therefore taking on a substantial and decisive step to cement its reputation for being one of the most efficient liquidity layers in DeFi, where the latest performance measures even suggest that it could still be able to expand in the case of a market consolidation.

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