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$SUI Last week, the Toncoin ecosystem experienced a full-scale breakout, with obvious market rotation. This week, funds are beginning to shift to the Sui ecosystem. Mysten Labs announced that Sui will launch confidential transaction features this year, focusing on an on-chain payment experience that is "free + privacy protection," further strengthening positive developments in the ecosystem layer.
Moreover, the SUI three-year unlock has been fully completed, and the initial selling pressure has been largely absorbed by the market. The largest phase of selling pressure has passed. Stimulated by the news, SUI's 24-hour increase exceeded 25%, with a weekly increase approaching 50%, and trading volume has also expanded, with funds clearly continuing to flow in, strengthening the bullish trend.
Currently, the price has successfully stabilized above the key level of 1.25, with short-term expectations still for further upward movement. The support zone at 1.20–1.22 below is very solid, belonging to the previous core trading concentration area. As long as it does not break down effectively, the overall trend remains inclined to continue rising. #Gate广场五月交易分享 #比特币波动