According to AltcoinGordon on Twitter, the $SUI token continues its strong upward trend, with the trader signaling that his next position is already secured (source: AltcoinGordon, Twitter, May 17, 2025). This suggests ongoing bullish sentiment and potential for short-term trading gains in SUI. Traders should monitor SUI price action closely for breakout or continuation patterns, as momentum-driven strategies may remain effective in the near term. Market participants are advised to watch for increased volatility and volume, which could signal new entry points for active crypto traders.

According to @CryptoMichNL, Sui Network has solidified its reputation as one of the leading blockchain projects following their performance at Basecamp, which has driven increased bullish sentiment among traders. The recognition of Sui Network's development team as industry-leading is now widely accepted, with market participants citing project milestones and recent ecosystem advancements as key catalysts for the SUI token's positive price action (Source: @CryptoMichNL via @Zebu_live, May 15, 2025). This growing confidence is reflected in rising trading volumes and heightened interest from institutional and retail investors, making SUI a focal point for momentum and swing trading strategies.

According to Milk Road (@MilkRoadDaily), Sui blockchain's Total Value Locked (TVL) has reached $1.793 billion as reported on April 29, 2025. This significant rise in TVL indicates growing adoption and increased user trust in the Sui ecosystem, making it a critical metric for traders analyzing decentralized finance (DeFi) trends. Elevated TVL levels often correlate with higher liquidity and platform stability, which can positively impact SUI token price action and trading volumes. Source: Milk Road on Twitter.

According to Lookonchain, the $SUI token has experienced a significant price surge of 60% in the past week, primarily driven by a 38% increase in Total Value Locked (TVL), now at $1.645 billion. Additionally, daily trading volume on decentralized exchanges (DEXs) has skyrocketed by 177% to $599 million. The rapid growth of stablecoins on the Sui network over the past two months is also contributing to this bullish trend.