Citing AMBCrypto, Sui Network’s Total Value Locked (TVL) has reached an all-time high of $885.59 million, signaling strong user confidence. The rising TVL, combined with a bullish falling wedge pattern, has led analysts to predict a potential 23% price increase for SUI, possibly reaching $3.10. However, a sharp decline in network revenue and DEX volume has raised concerns about the sustainability of the current bullish trend.
SUI Price Eyes 23% Rally as TVL Hits $885.59M All-Time High
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