According to @CryptoMichNL, WAL is holding above the 20-week moving average and is attacking a crucial resistance, with a decisive break expected to start a strong uptrend, source: @CryptoMichNL. The author states that SUI’s ecosystem is continually expanding and that WAL stands to benefit materially from this growth, source: @CryptoMichNL. He also notes that Grayscale has added a Walrus trust, which he views as a positive catalyst for the ecosystem, source: @CryptoMichNL.

According to @CryptoMichNL, SUI is nearing a breakout with higher timeframe support holding, making it a focus for high beta trades within the Sui ecosystem; source: @CryptoMichNL. According to @CryptoMichNL, WAL is the top watch among SUI ecosystem plays for potential upside if momentum expands; source: @CryptoMichNL. According to @CryptoMichNL, Grayscale has expanded with a Walrus Trust, which he presents as a positive step for the broader Sui ecosystem; source: @CryptoMichNL.