Sui flashes buy signal as network grows, token unlocks weigh
- —SUI trades near $0.72, with a 24-hour range of $0.7063–$0.7305
- —A break below $0.71 opens the path to $0.62–$0.63, while a rise to $0.85 targets $1
- —Monthly unlocks add about 64 million SUI to circulation
- —Stablecoins on Sui topped $457 million, with USDC at 63.88%
Why it matters: The technical buy signal faces pressure from token unlocks and falling TVL, with the $0.71 support set to determine direction.
Source: Blockonomi