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 Michaël van de Poppe (@CryptoMichNL), SUI has broken its upward trend, with Total Value Locked (TVL) approaching a new all-time high. The SUI ecosystem's expansion is reinforced by the recent Walrus listing and DEEP's standout performance as the top gainer over the past month. Traders should note that SUI's growing TVL and ecosystem breadth are key bullish signals, increasing the likelihood of further momentum and liquidity influx for SUI and associated tokens (source: Twitter/@CryptoMichNL, May 14, 2025).