- User accounts up 7.05%, while the Stable market capitalization jumped by 15.01% in 7 days
- SU was negotiated at $ 2.11 at the time of the press, despite the increase in m2 liquidity and strong growth on the channel
Sui (sui) The ecosystem continues to win an impressive traction, the total accounts amounted to 150 million after an increase of 7.05% in just a week. This step strengthens the growing attraction of the chain among users and retail developers, signaling an accelerated adoption on several fronts.
Interestingly, this growth also took place in a context of improving global liquidity conditions, positioning the SUP to benefit from wider market optimism if the dominant trends persist.
Suit Stablecoin Surge and TVL Growth Fuel Protocol Momentum
Stablecoin entries in the SUC ecosystem increased by 15.01% in the last seven days, bringing market capitalization to 823.96 million dollars. This thrust seemed to represent a growing liquidity base which can be deployed through the protocols of deffi, stake and trading.
Consequently, it not only underlines the increase in user confidence, but also offers the network the capital necessary to support the peaks of demand to come.
In addition, the total locked value (TVL) on SUU has climbed $ 1.534 billion, after an increase of 0.88% in the last 24 hours. Although this daily growth may seem low, it is based on a coherent upward trend. Users are clearly committed to the financial applications of Sui, stimulating the adhesion of the protocol and long -term credibility.
Source: Defillama
The merchants go everything – long domination increases the conviction and the risk
Binance derived data reflect an extremely bullish positioning, with 90.6% of perpetual traders occupying long positions and only 9.4% on the short side. This fueled a long / short ratio of 9.64, highlighting overwhelming confidence in the upward continuation.
However, such an unbalanced feeling often opens the ground for volatility, especially if the omino stalls or is reversed. That said, the sustained domination of long transactions seemed to point out the strength of Suis. Especially since chain growth has supported the thesis.
Source: Coringlass
Such liquidity that the rear winds persist, but can the price catch up with the price?
The price movement continued to align with the increase in global liquidity of M2- a historically optimistic macro factor for cryptographic markets. As the M2 index increases, risk assets as follows will generally benefit from a renewed appetite for investors.
However, despite fundamental solids and macro tail needles, SU was negotiated at $ 2.11 at the press – down 1.44% in the last 24 hours.
This short-term price stagnation can be a sign that the market has not yet fully price in the strength of the underlying ecosystem. Consequently, if the liquidity trends continue and user activity accelerates, sud can be ready for a break that reflects its expanding fundamentals.
Source: tradingView
Conclusion
The SUP ecosystem is experiencing a large based expansion – of the growth of the portfolio and TVL inputs to the increase in the liquidity of the stables and the optimism of the traders. Although the price is currently lagging behind fundamental principles, the network could be well placed to fill this gap.
Consequently, if the capital continues to flow and the macro-conditions remain favorable, SUP could soon go from an organic growth phase to one of the accelerated market performance.
