Well, well, well, look who’s decided to make a comeback! Sui, the blockchain that’s been quieter than a cat in a room full of rocking chairs, is back and feeling fancy again. After performing its best impression of a sloth for months, it’s now frolicking above the $2 billion mark in total value locked (TVL). SUI, the native token—who’s practically been in witness protection—finally decided to show its face and is climbing like it’s trying to impress someone! 📈
According to the oh-so-trusty DeFiLlama data on July 15, 2025 (so mark that date, folks), Sui’s TVL sits at a jaw-dropping $2.19 billion. Can we talk about a full recovery here? It bounced back from May’s pathetic low of $1.5 billion and has re-established itself among the VIPs of Layer 1 chains. Who knew a few zeros could bring so much joy? 🤩
And let’s not forget, this TVL hike isn’t just about SUI tokens flipping and flopping like a fish out of water. Recent charts show that Sui has overtaken Solana in monthly stablecoin transfer volume. Looks like there are more users showering affection on Sui than on some of its so-called competitors. DeFi activity on the network is climbing like it’s been given a triple shot of espresso! ☕️
But wait, there’s more! Bitcoin-backed liquidity is pouring in like it’s Black Friday, thanks to Sui’s July 7 makeover that integrated tBTC. As the first non-EVM chain to allow some direct minting magic, Sui has already channeled $500 million in BTC into its DeFi playgrounds like Bluefin and AlphaLend—touting it as around 10% of its total TVL. Someone call the party planners! 🎉
Institutional interest is waking up too; Nasdaq just filed a 19b-4 for a spot SUI ETF, and there’s been a cool $300 million flowing into Europe’s Sui-based ETPs. Talk about a buzzing party in the world of traditional finance! These developments are fueling SUI’s rally like a tank full of rocket fuel. 🚀
Can Sui reclaim $4?
Now, let’s have a serious chat (don’t worry, I’ll bring the snacks). According to market analyst Rekt Capital (great name, right?), SUI is on the precipice of breaking out from some triangle-shaped pattern that sounds more like a geometry nightmare. After cozying up to its resistance line, it’s just one move (or three cups of coffee) away from launching into a full-on price fiesta!
$SUI
SUI is on the cusp of a breakout from its Macro Triangle
It is one Weekly Close above the diagonal resistance away from kickstarting trend continuation to the upside
SUI continues to be a leader in terms of metrics across Layer 1s, with its TVL is over $2B now#BTC #SUI
— Rekt Capital (@rektcapital) July 11, 2025
If SUI can keep its groove on and push ahead, that could mean a glorious continuation to the higher realms. Who knows? We might just see Sui breezing toward the $4 neighborhood in the weeks ahead! Sure, it’s still below its all-time high of $5.30 (with a glimmer of 2025 sparkle), but grabbing that $4 spot would really mean something. So let’s cross those fingers and hold onto our hats; a mighty breakout could be just around the corner! 🎩✨
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2025-07-15 16:27