In accordance with Captainaltcoin, SUI has surged over 30% in two days, breaking out of a long-term falling channel after touching a key support level. The price rebound was amplified by the Coinbase NY listing on December 2, which doubled 24-hour trading volume to $1.85B. The token also absorbed a $94.9M unlock on November 30 without a sell-off, signaling strong buyer interest. Meanwhile, DeFi TVL on Sui exceeded $1B in 2024, and stablecoin usage hit $1.24B, supporting SUI’s utility. However, future unlocks and ETF approval delays remain key risks.
SUI Price Surges 30% Amid Technical Bounce, Coinbase NY Listing, and Ecosystem Growth
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