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Time Details
2025-06-28
13:28
SUI Poised for New Highs, Analyst Michaël van de Poppe Eyes $3.30 Breakout

According to Michaël van de Poppe, SUI is on the verge of a potential new run towards all-time highs, presenting a 'super interesting' opportunity for traders. Van de Poppe highlights significant on-chain growth, with the Sui network's stablecoin supply surging from $400 million to nearly $1.2 billion since January and its Total Value Locked (TVL) reaching $1.8 billion, as cited in the report. He specifically points to the protocol's lending platform, SuiLend, which saw its TVL increase by 90% to over $600 million in the past month. For a trade setup, Van de Poppe identifies $3.30 as the key resistance level; a decisive close above this price could act as a catalyst, sparking a move to new highs by tapping into a major liquidity zone.

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