SUI’s open interest has reached a critical level, positioning it among the top traded assets in derivatives. Based on current short positions, SUI may soon surpass 4 USD, reflecting growing interest and positive market signals.
SUI has experienced significant growth within its DeFi ecosystem, attributing to a recovery in liquidity on the Cetus DEX. Currently, it holds liquidity around 4.10 USD, indicating a strong potential for a bullish move.
In the last three months, SUI has seen over 31% growth against BTC, showcasing its upward price trend and signaling strong market confidence. With total value locked at 2.19 billion USD, SUI’s ecosystem continues to expand.
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