Those who have been keeping a close eye on SUI lately may have already sensed something different in the air.

Looking at the price, it’s still hovering around $1.6, which, compared to previous highs, definitely counts as rubbing along the bottom range. But if you examine the market closely, you’ll notice some interesting signals: on the daily chart, the price has climbed out of a deep pit around $1.3 and is now oscillating within a gradually narrowing range. The 7-day EMA has started to tilt upwards, crossing over the longer-term moving averages. While the MACD is still tangled near the zero line, this kind of consolidation often signals a subtle shift in the balance between bulls and bears.

The key is the data. In the past 24 hours, SUI’s trading volume has approached $100 million, and the on-chain activity speaks for itself. This isn’t just retail investors playing around—there are likely bigger players behind the scenes. Market insight reports have pointed out that institutional interest in SUI has visibly increased recently—leveraged ETFs have been approved, and giants like Grayscale have submitted related filings. These are not minor headlines. Institutions never act out of charity; when they step in, it’s because they see long-term potential in the track and ecosystem value.

This is precisely SUI’s strongest backing at the moment. Its ecosystem is making real progress. With core assets like wBTC being integrated via LayerZero cross-chain solutions, SUI DeFi’s overall liquidity and usability have been significantly boosted. Network transaction volume continues to climb, even outperforming many first and second layer competitors from the same period. Ecosystem prosperity is the most solid foundation for an asset’s price.

So, the current situation is quite interesting: technicals are repeatedly confirming the bottom region, while fundamentals (ecosystem and institutional attention) are continually injecting confidence. This kind of “warm on the surface, cold at the base” combination is often the most classic setup window before a breakout during a bull cycle. There are always stories about whales in the market; when they accumulate, they never boast, leaving only gently rising volume and placid price lines. Once accumulation is done and the right moment arrives, a price surge can truly happen in an instant.

For those optimistic about the evolution of blockchain infrastructure—especially investors who believe in Move-based public chains and their high-performance ecosystems—SUI might just be offering a position worth closely observing, or even gradually building into, right now. $SUI ‌#广场发帖领$50