After peaking at 4.30 USD, Sui’s price has fallen to 3.71 USD, showing signs of resistance. Weekly inflows of 9.3 million USD reflect ongoing investor interest, and the Total Value Locked in DeFi surpasses 2 billion USD, indicating bullish sentiment.
Sui’s recent performance parallels trends seen in Bitcoin and Ethereum, as market fluctuations impact its value. Despite a struggle to maintain momentum, the overall confidence remains strong among investors, supported by a 23.5% growth in the stablecoin market and 10.47% increase in DEX volume.
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