SUI Soars 60% as TVL and DEX Volume Hit Record Highs
SUI’s price surged 60% this week, driven by significant growth in Total Value Locked (TVL) and decentralized exchange (DEX) activity. The rally reached the 178.6% Fibonacci extension level, a strong technical indicator of bullish momentum.
Stablecoin adoption on SUI jumped 82%, highlighting increased trust in its transaction capabilities. Key support is identified at $2.75 for wave (4), with $3.27 as the potential completion point of the current impulse wave.