$SUI is currently around $0.93, with a 4-hour closing range of about $0.90–$1.06 over the past 7 days. Experienced traders looking at it don’t focus on price movements first; they check three sets of on-chain data:
1) TVL is about $478 million, down roughly 4% from $498 million a week ago (DefiLlama).
2) DEX trading volume on Sui over the past 24 hours was about $25.47 million, down 12% over 7 days.
3) On-chain stablecoins total about $442 million, down roughly 22% from $567 million a week ago, suggesting that some funds are flowing out.
Catalysts: Samsung Wallet plans to begin supporting USDC on Sui in the last week of this month; the Hashi Bitcoin finance project is launching in phases; about 13.15 million SUI (roughly $12 million) will unlock on November 1.
Risks: The price remains below the 20-day and 50-day moving averages. Around $0.90 is near-term support, while there is a resistance zone around $1.05. On-chain activity and stablecoin holdings are both weakening, so positive developments need to translate into real usage.
Price reflects sentiment; on-chain data reflects usage. When the two diverge, it’s worth watching patiently. Which on-chain metrics do you usually track?
#SUI #链上数据 #ContentMining
The above is a compilation of data and does not constitute investment advice.
1) TVL is about $478 million, down roughly 4% from $498 million a week ago (DefiLlama).
2) DEX trading volume on Sui over the past 24 hours was about $25.47 million, down 12% over 7 days.
3) On-chain stablecoins total about $442 million, down roughly 22% from $567 million a week ago, suggesting that some funds are flowing out.
Catalysts: Samsung Wallet plans to begin supporting USDC on Sui in the last week of this month; the Hashi Bitcoin finance project is launching in phases; about 13.15 million SUI (roughly $12 million) will unlock on November 1.
Risks: The price remains below the 20-day and 50-day moving averages. Around $0.90 is near-term support, while there is a resistance zone around $1.05. On-chain activity and stablecoin holdings are both weakening, so positive developments need to translate into real usage.
Price reflects sentiment; on-chain data reflects usage. When the two diverge, it’s worth watching patiently. Which on-chain metrics do you usually track?
#SUI #链上数据 #ContentMining
The above is a compilation of data and does not constitute investment advice.
