Why this flip matters for SUI

Surpassing Arbitrum in DEX volume marks a pivotal achievement for SUI. DEX volume serves as a critical indicator of a network’s liquidity and user engagement, reflecting how actively participants are utilizing the protocol for trading and other financial activities.

This flip signifies SUI’s ability to challenge established players, potentially attracting more developers, liquidity providers, and investors to its ecosystem. The milestone is also a sign og SUI’s scalability and utility, which could bolster market confidence. In turn, this could drive more sustained adoption and token demand.

SUI – The no-trade zone

According to Crypto analyst Ali Martinez, SUI’s price has been oscillating between $4.86 and $4.61, forming a no-trade zone that traders often avoid due to uncertain directional bias.

This zone highlights market indecision, where buyers and sellers fail to dominate. A break above $4.86 could signal a bullish breakout, while a close below $4.61 might indicate further bearish momentum.

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Author: Samantha LKM

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