SUI price shows mixed signals after its meteoric rise, currently positioning just 6.5% below its all-time high. The coin’s impressive 97.10% surge in the last 30 days has been supported by significant growth in its DeFi ecosystem, with total value locked reaching $1.75 billion.

While technical indicators like BBTrend suggest short-term caution, the strong EMA alignment and sustained TVL levels above $1.4 billion point to underlying strength in SUI’s market structure. The coin faces a critical test at $3.94, with potential for new highs above $4.00 if bulls maintain control.

SUI TVL Is Stabilizing Above $1.4 Billion

SUI blockchain total value locked (TVL) surged from $665 million to $1.75 billion in just nine days. This dramatic increase indicates strong investor confidence and growing adoption of SUI ecosystem, as users lock more assets into smart contracts for staking, lending, and liquidity provision.

The TVL, which is currently at $1.45 billion and currently at $1.64 billion, suggests that the growth is sustainable rather than speculative. Sustained high TVL typically correlates with upward price pressure, as locked assets reduce circulating supply while increasing network utility.

With strong platform usage and diminished liquid supply, SUI price could see continued upward momentum if these TVL levels persist.

BBTrend Turned Negative After 4 Days

SUI BBTrend (Bollinger Bands Trend) indicator just turned negative and is approaching -1, signaling a significant shift in market momentum.

BBTrend measures price volatility and trend direction by analyzing how price moves relati

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Author: Tiago Amaral