According to Odaily, Mechanism Capital co-founder Andrew Kang recently shared on X that he anticipates some intriguing developments for SUI, despite the lack of concrete information. Kang outlined five reasons supporting his prediction: Raoul Pal, a member of the advisory board, has posted a series of supportive messages about SUI; there is significant demand for large over-the-counter transactions in the market; holders have remained relatively strong despite a large-scale unlock; SUI's price trend has been positive without any pullbacks; and recent performance upgrades by Mysiceti could lead to interesting new applications.
Kang also mentioned that there are comments suggesting SUI is distributing grants to promoters, which, if true, would be a bullish signal.