Sui (SUI) Jumps 9% as DeFi TVL Hits $2.2B – $5 Next?

by Ouess

The Sui (SUI) cryptocurrency is on a tear, climbing 9% on Monday to approach the $4 milestone. This surge comes as Bitcoin’s record-breaking rally to $123,500 fuels demand for DeFi services, pushing Sui’s Total Value Locked (TVL) to a new high of $2.2 billion.

Why Is SUI Rallying?

✅ Bitcoin’s boom spurs altcoin demand
✅ DeFi TVL skyrockets – up $600M in 10 days
✅ Market cap leapfrogs Cardano – now #13 crypto
✅ Strong technical breakout – RSI shows bullish momentum

SUI MarketCap Source : CoinmarketCap

DeFi TVL Tells the Story

Sui’s TVL has surged from $1.6B to $2.2B in just ten days, signaling real demand for its DeFi ecosystem. Unlike many altcoins, SUI’s gains are backed by fundamental growth, not just speculation.

https://twitter.com/mominsaqib/status/1944706016173527150?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1944706016173527150%7Ctwgr%5Edd4ca7410be108a179c81cea6d6f94dceaee92f8%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.coinspeaker.com%2Fsui-price-confirms-5-target-tvl-hits-all-time-highs-above-2b%2F

“When TVL rises alongside price, it’s a sign of organic adoption,” says DeFi analyst Maria Lopez. “SUI’s infrastructure is clearly resonating with users.”

SUI TVL Source : DeFiLlama

Technical Outlook: Can SUI Hit $5?

📈 Current price: $3.90 (up 35% in a week)
📈 Key resistance: $4.03 (Donchian Channel upper bound)
📈 Next target: $4.29 (April highs)
📈 Long-term potential: $5 if momentum holds

SUI Price Source : TradingView

Watch the RSI (71.24) – While overbought, it confirms strong buying pressure. A pullback to $3.50 support could offer a buying opportunity before the next leg up.

What’s Next for Sui?

  • daily close above $4.03 could trigger a run toward $5
  • Bitcoin’s stability remains key for altcoin momentum
  • DeFi growth must continue to sustain bullish case

Final Thought

With strong fundamentals and technical breakout potential, SUI is one of the hottest altcoins right now. If Bitcoin holds steady, $5 could be just a matter of time.

Will you be riding the SUI wave?

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