$SUI

📈 Price & Volume Snapshot

Current Price: Around $3.76–$3.77, down about 7% over the past 24 hours, but still up ~9–11% for the week and ~34%+ for the month .

24‑hour Trading Volume: Exceeding $2 billion—although slightly decreased from yesterday, volume remains robust .

---

đŸ§© Key Drivers Behind the Move

1. Record TVL & DeFi Engagement

Total Value Locked surged past $2.2 billion, a new all‑time high, reflecting increased DeFi activity and network usage .

OKX confirms this rally came with strong trading volume and bullish chart patterns .

2. Technical Breakouts

Price broke above resistance levels around $4, emerging from a falling-wedge or inverse head‑and‑shoulders pattern, indicating bullish continuation .

Analysts are eyeing $4.30 next; a confirmed breakout could trigger a rally towards **$5+** .

3. Altcoin Season & Cross‑Chain Momentum

Falling Bitcoin dominance is fueling capital flows into Layer 1s like SUI .

Integration with NEAR Intents enables one-click swaps from 20+ chains—boosting usability and developer adoption .