SUI Network Surpasses $2 Billion in Total Value Locked 🚀

The $SUI network has achieved a significant milestone, with its Total Value Locked (TVL) exceeding $2 billion this month. Currently, the TVL stands at $2.27 billion, marking a 16% increase over the past 30 days.

This substantial growth underscores the network's expanding influence and adoption within the cryptocurrency space.

As of December 25, 2024, SUI is trading at approximately $4.48, reflecting a slight decrease of 0.67% over the past 24 hours.

Trading Strategy ($SUI ):

Entry Point: Consider entering positions at the current price of $4.48 or on potential pullbacks to support levels around $4.30.

Short-Term Target: Aim for a price range of $4.80 to $5.00, capitalizing on the network's recent growth and increased adoption.

Long-Term Potential: With the expanding ecosystem and rising TVL, $SUI could target new highs, potentially reaching $5.50 or beyond in the coming months.

This development not only highlights SUI's growing prominence in the DeFi space but also presents a compelling opportunity for investors to participate in its anticipated growth.

*Enjoyed this analysis? Support my work with a tip through Binance Square!*