Can SUI’s ecosystem boom help prices reach new highs? – Analyzing…

• The biggest protocols SUI are in the neck and neck race on TVL, because the blockchain L1 is doing the growth of developers.
• The price of SUI could maintain that the current bull structure is supported by a growing activity on the chain and protocol.

Sui [SUI] He saw more than 10% profit growth, while its volume increased by more than 141% in the last 24 hours.

Growth in the sui ecosystem can be attributed to several reasons that have a hand in price growth since their foundation. Here is a view of some of them;

SUI ecosystem prosperous…

Suend and Navi appeared as the first two protocols in the Sui network in terms of the total value locked (TVL), only a narrow gap of $ 12 million that separates them.

According to Torero Romera, Suer has $ 539.1 million on TV, while Navi closely monitors $ 527.5 million.

Both protocols have seen significant tvl growth from Q4 2024, peak in January 2025.

However, their trajectory differs: the Navi growth was more stable, while Suend’s TVL showed greater volatility, marked by sharper swings.

The competition emphasized the vicious battle in the race to the summit between two in the SUI defi sector. In this way, rotating flows and user protocol tools could easily determine other dominant power.

In addition, SUI saw the phenomenal growth rate of the developer with an increase in +16.1% year -on -year, which ranked second only with sola on +17.7%.

What is more interesting, SUI was the best network in terms of two years of developers with +54%when all other networks were behind.

However, this was in contrast to a wider tendency. The aggregate decreased by 20%of cryptom developers.

Although most EVM chains of 1 layer were in the negative direction of growth, SUI showed a different way.

Navigation of price appearance?

The two -hour SUI chart has formed a clear inverse head and shoulder pattern to indicate a potential reversal of the trend.

The neckline, which was bent down from $ 3.20 to $ 2.90, acted as a key level of resistance.

After several unsuccessful attempts, SUI finally broke over the neckline and confirmed the escape. This step moved the price over $ 3.00 and strengthened the bull settings.

If momentum continues, SUI could focus on a range of $ 3.20 – $ 3.40.

However, a drop below the neckline of $ 2.90 would expose escape the risk of invalidation, which could signal a false move.

If SUI is unable to keep above $ 2.90, there is a risk that a $ 2.70 – $ 2.70, which will match the previous right arm of the inverse head and shoulder.

Recent escape candles also faced a slight rejection near $ 3.10, causing immediate subsequent passages critical to maintain momentum.

While the graph still reflects the basic power, the continuation of the rally is likely to require an increased volume and consolidation around the neckline to confirm the support.