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Last week, the $TON ecosystem saw a full-scale breakout across the board as the market rotated; this week, the rotation has shifted to the $SUI ecosystem.
Mysten Labs officially announced that this year Sui will launch confidential transactions, enabling large-scale on-chain payments with free + privacy protection, adding another hard-hitting positive catalyst to the ecosystem.
What’s more, the SUI third-anniversary unlock has already been completed entirely—any earlier selling pressure has long since been absorbed by the market, with no more sell-off pressure.
Affected by this, SUI is up more than 25% over the past 24 hours, up roughly 50% over the week as well; trading volume has also expanded, and the uptrend by the bulls is clear.
Currently, the price has broken and is holding above this key level of 1.25, and in the short term it can still continue to strengthen.
The support below at 1.20–1.22 is especially solid—it’s the prior high-activity trading zone. As long as it doesn’t fall below this area, it will keep surging strongly.