According to TechFlow, Mechanism Capital co-founder Andrew Kang tweeted that although there is no exact information, he believes that SUI may be about to usher in some interesting developments.
Kang cited five reasons to support this prediction: first, Raoul Pal, who serves as a member of the advisory board, has published a series of posts in support of SUI; second, there is a large amount of over-the-counter demand in the market; third, despite the large-scale unlocking, the holders remain relatively strong; fourth, SUI's price trend is positive and there has been no pullback; finally, the recent Mysiceti performance upgrade may create opportunities for new applications.
Kang also mentioned that there have been comments that SUI is distributing grants to promoters, which would be a bullish sign if true.
