As per Bijié Wǎng, SUI fell about 8% to near $1.32 amid extreme market fear, but its TVL has risen to $2.6 billion. Grayscale's Sui Trust boosted network capacity by 23%, and analysts suggest Sui may be a long-term blue-chip opportunity despite risks like scams and false extensions. The broader crypto market is in turmoil, with total market cap dropping to $2.88 trillion and Bitcoin falling to $84,365. Despite the price decline, Sui's TVL and developer activity continue to grow, supported by its Move-based technology and expanding DeFi and NFT ecosystems. Analysts highlight institutional interest and potential liquidity inflows as key factors for future growth.
SUI Price Drops 8% Amid Market Panic, But Analysts See Potential
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