Friends Value the SUI Ecosystem
$SUI reached a new high of $3.3 in the past two days; many people wouldn't have guessed this result. The circulating market cap has reached $9 billion, ranking 17th in the world, with the TVL of the ecosystem surpassing $13.3 billion.
The SUI ecosystem is fundamental.
Why has the continuous increase been so exaggerated? I believe that the healthy development of the ecosystem is the fundamental reason. Binance recently listed the first project of the SUI ecosystem, CETUS, which is just the beginning.
Two weeks ago, I mentioned the SUI chain ecosystem project $DEEP (currently the price has risen to near its previous high) and said the same thing— we must pay attention to the SUI ecosystem.
DEEPBook
#DEEP, as the first native liquidity layer of the SUI ecosystem infrastructure project, provides strong liquidity for the entire DeFi ecosystem (the real demand is significant). Recently, the token was airdropped across the network, which was absolutely a big deal. Being directly supported by SUI without financing from other VC institutions means there is no selling pressure from VC firms. I believe this type of project has great potential in the future (this viewpoint does not represent current buying or selling advice; no matter how good the project is, it needs to be bought at the right points).
CETUS and Other Ecosystems
From the user experience perspective on the SUI chain, the real interaction experience as a DEX is quite smooth. I have always been optimistic about this project; the user experience and the importance of the ecosystem are both good. I haven't had the chance to lay low before it suddenly launched on Binance, which was a bit of a knee-jerk reaction. As the first ecosystem project to launch on Binance, this is just the beginning for the SUI ecosystem. Binance's research and understanding of the SUI ecosystem should be relatively in-depth; otherwise, they wouldn't rashly launch a project. Projects like $NAVX and $SCA are also worth looking forward to. What will happen when Binance launches a SUI ecosystem Launchpool project in the future? It shouldn't be surprising.