In June, SUI’s DEX volume decreased by 50%, dropping to 7 billion USD from 14 billion USD in May. It is currently underperforming compared to Solana, with a 26% decline observed.
Raoul Pal suggests that SUI could rally into the top five by 2025, forecasting potential gains in H2 2025, especially as Bitcoin approaches new all-time highs.
Despite recent challenges, SUI’s recovery in Q2 suggests a rebound, bolstered by DeFi activities, but its performance is essential to watch as it needs to maintain key support levels.
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