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monkey004交易员
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Bullish
[Research on the last point of view]
Major investors and partners: Sui was developed by Mysten Labs and is supported by several well-known investors, including a16z (Andreessen Horowitz), FTX Ventures, Coinbase Ventures, etc. Recently, Sui has also cooperated with Google Cloud, Alibaba Cloud and Copper, a leading digital asset custody platform. These cooperations are aimed at improving Sui's security, scalability and infrastructure support for institutions.
Development progress: Sui's blockchain technology is very innovative and uses a unique consensus mechanism to quickly process a large number of transactions. In addition, Sui launched the zkLogin function, which allows users to log in to the blockchain through existing Google and Twitter accounts, lowering the threshold for users to adopt the blockchain. Sui has also quickly become the platform of choice for decentralized finance (DeFi) and gaming projects, ranking in the top ten in TVL (Total Locked Volume) and establishing partnerships with multiple gaming studios such as NHN and ONBUFF.
Sui’s inflow trend has grown significantly in recent months. Data shows that since August 2024, Sui’s total value locked (TVL) has soared from $340 million to approximately $740 million, an increase of $400 million, indicating a significant increase in its adoption rate in the DeFi ecosystem. In addition, with the launch of native USDC integration by Circle, Sui's application scenarios are further expanded, and it is expected that fund inflows will continue to grow in the future.
Currently, technical support levels for Sui are roughly at $1.70, $1.78, and $1.83. These support levels are based on its recent price action and technical analysis of the market. Technical indicators suggest that Sui remains in a strong uptrend, with overall bullish signals remaining strong despite its market sentiment reading "Fearful and Neutral." Especially if the price breaks through key resistance levels such as $2.05 and $2.10, it will push the price higher even further.
Taken together, there is a high probability that sui will reach the 2.65 position and then adjust to the 1.7 position before entering an upward trend to promote the overall development of the chain. $SUI
Major investors and partners: Sui was developed by Mysten Labs and is supported by several well-known investors, including a16z (Andreessen Horowitz), FTX Ventures, Coinbase Ventures, etc. Recently, Sui has also cooperated with Google Cloud, Alibaba Cloud and Copper, a leading digital asset custody platform. These cooperations are aimed at improving Sui's security, scalability and infrastructure support for institutions.
Development progress: Sui's blockchain technology is very innovative and uses a unique consensus mechanism to quickly process a large number of transactions. In addition, Sui launched the zkLogin function, which allows users to log in to the blockchain through existing Google and Twitter accounts, lowering the threshold for users to adopt the blockchain. Sui has also quickly become the platform of choice for decentralized finance (DeFi) and gaming projects, ranking in the top ten in TVL (Total Locked Volume) and establishing partnerships with multiple gaming studios such as NHN and ONBUFF.
Sui’s inflow trend has grown significantly in recent months. Data shows that since August 2024, Sui’s total value locked (TVL) has soared from $340 million to approximately $740 million, an increase of $400 million, indicating a significant increase in its adoption rate in the DeFi ecosystem. In addition, with the launch of native USDC integration by Circle, Sui's application scenarios are further expanded, and it is expected that fund inflows will continue to grow in the future.
Currently, technical support levels for Sui are roughly at $1.70, $1.78, and $1.83. These support levels are based on its recent price action and technical analysis of the market. Technical indicators suggest that Sui remains in a strong uptrend, with overall bullish signals remaining strong despite its market sentiment reading "Fearful and Neutral." Especially if the price breaks through key resistance levels such as $2.05 and $2.10, it will push the price higher even further.
Taken together, there is a high probability that sui will reach the 2.65 position and then adjust to the 1.7 position before entering an upward trend to promote the overall development of the chain. $SUI
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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