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SUI Crypto Breaks Away From the Pack With 44% Monthly Surge and Record TVL

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HYPE, SUI Crypto, and SEI Crypto are all confirmation that altseason is finally here. These are alts, and they are pumping. No excuse if your bag is in the gutters.

Specifically, sui logoSUI ▼-0.19% has posted a 35.4% gain this month, making it the best-performing L1 asset in July so far. Trading just shy of $4, SUI is now positioned at the center of a surging altcoin narrative.

Sui Crypto
Price
Market Cap
SUI
$9.17B
24h7d30d1yAll time

SUI/BTC Rotation Suggests Capital Is Flowing In Fast

SUI isn’t just rising in USD terms as we’re seeing the SUI/BTC pair surge over 10% intraday, its strongest move against Bitcoin in more than two months. Meanwhile, ETH/BTC and SOL/BTC are lagging, stuck near resistance.

SUI’s market cap has jumped 44.7% since July 1, far outpacing Ethereum’s 9.2% growth in the same time frame. With Bitcoin breaking $120,000, altcoin capital rotation appears to be in full swing.

The Total Value Locked (TVL) on Sui DeFi platforms recently hit an all-time high of $2.219 billion, according to DeFiLlama. That’s an 8.7% single-day increase and a clear sign that real liquidity is flowing into its ecosystem.

There are also protocols like NAVI and Peg-BTC that are drawing both retail users and institutional interest, fueling broader ecosystem growth.

SUI Outpaces Ethereum in Fee Growth, Derivatives Say More to Come

Monthly fee generation for Sui doubled Ethereum’s, jumping 42% to over $42,000.  Meanwhile, the derivatives market is heating up:

  • Open interest (OI) in SUI futures rose 19.1%, now topping $1.73 billion.

  • Positive funding rates and over $8 million in short liquidations suggest bulls are firmly in control.

  • The Money Flow Index (MFI) hit 78, indicating strong capital inflows.

Can SUI Break $5 and Lead the Q3 Altcoin Cycle?

SUI is currently testing a major $4 resistance zone, the same level that rejected upside attempts in the last cycle. But with a 2.7% daily gain and bullish momentum across all major indicators, the breakout appears imminent.

“Sui’s chart is forming a macro triangle breakout. A close above $4 could set up a move to $5.36.” – Rekt Capital via X

With its fundamentals accelerating—TVL, fees, user engagement—and a bullish technical setup, SUI, along with other surging alts like Hype, Stellar XLM, Sei Crypto, and Hedera, may be the altcoins to watch this quarter.

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Key Takeaways

  • HYPE, SUI Crypto, and SEI Crypto are all confirmation that altseason is finally here
  • SUI is currently testing a major $4 resistance zone, the same level that rejected upside attempts in the last cycle.

The post SUI Crypto Breaks Away From the Pack With 44% Monthly Surge and Record TVL appeared first on 99Bitcoins.

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