- The largest protocols from Sui are in a neck and neck race in TVL, because the L1 blockchain thrives on the growth of developers.
- Sui prize could retain that the current bullish structure is supported by the growing on-chain and protocol activity.
Sky [SUI] Saw more than 10% growth in profit, while the volume rose by more than 141% in the last 24 hours.
The growth in the sui -eco system can be attributed to a number of reasons that have had a hand in price growth since its foundation. Here is a look at some of them;
Sui -ecosystem blooms on …
Suilend and Navi have come forward when the top two protocols on the SUI network in terms of total value locked (TVL), with only a narrow gap of $ 12 million that she separates.
According to Torero Romero, suiling has $ 539.1 million in TVL, while Navi is closely following with $ 527.5 million.
Both protocols have experienced a considerable TVGroei since Q4 2024, with a peak in January 2025.
However, their processes differ: Navi’s growth has been more stable, while the SUilend TVL has shown more volatility, characterized by sharper swings.
Source: Torero_romero/X
The competition emphasized a vicious struggle in the race to the top between the two in the Sui Defi sector. In this way, user capital flows and protocol help program can easily determine the following dominant power.
In addition, Sui saw the growth percentage of the phenomenal developers with an increase of +16.1% year after year, which was in second place on Solana at +17.7%.
What is more interesting, Sui was the best network in terms of two -year developer growth with +54%, when all other networks were left far behind.
Source: Altcoin Buzz/X
However, this was contrasting with the wider tendency. In total, the number of crypto developers had decreased by 20%.
Although most of the EVM layer 1 chains went into the negative direction of growth, Sui showed a different path.
Navigating through the price look?
A clearly inverse main and shoulder pattern has formed on the 2-hour graph of Sui, which indicates a potential trend removal.
The neckline, sloping from $ 3.20 to $ 2.90, had acted as an important resistance level.
After several failed attempts, Sui finally broke above the neckline and confirmed the outbreak. This movement pushed the price above $ 3.00 and strengthened the bullish setup.
If the momentum continues, Sui can focus on the range of $ 3.20 – $ 3.40.
However, a drop under the $ 2.90 neckline would endanger the risk of invalidity, which may indicate a false movement.
Source: TradingView
If sui does not hold above the $ 2.90 level, there is a risk of a withdrawal to the $ 2.60 – $ 2.70 zone, which connects to the previous right shoulder of the reverse head and shoulder pattern.
Recent breakout candles were also confronted with a mild rejection near $ 3.10, making it immediately follow-through crucial for keeping Momentum.
Although the graph still reflects the underlying strength, a continuation of the rally will probably require an increased volume and consolidation around the neckline to confirm support.