The post SUI TVL Reaches $2.25B, Boosting Hopes for Breakout Toward $7 Price Level appeared on BitcoinEthereumNews.com.

Key Insights: SUI’s TVL reaches $2.25B, boosting hopes for a breakout toward the $7 price level. Analysts predict SUI could break resistance and target $7 after a bullish retest above $4. Institutional interest grows with Sygnum offering custody, trading, and lending services for SUI. Sui’s total value locked (TVL) has reached a new all-time high of $2.25 billion, drawing market attention to the Layer 1 blockchain. Crypto analyst Michaël van de Poppe noted that the rising TVL and strong decentralized exchange (DEX) volume could lead to a price breakout toward a new all-time high. Rising On-Chain Activity and Market Interest Van de Poppe, a crypto analyst, asserts that Sui’s DEX volume reached nearly $15 billion in the past month. He stated that the price and TVL gap could narrow soon, adding that resistance levels appear to be weakening.  Van de Poppe suggested that a breakout may follow, which could push SUI above its current price range. At press time, SUI is valued at $3.65, showcasing a 1.87% decrease over the past 24 hours. Market Interest | Source: X Another analyst, Ali Charts, said that SUI has completed a bullish retest and could target the $7 level. He observed that the token has been trading between $3.60 and $4.00 in recent weeks, with $3.60 acting as support. Ali noted that a move above $4.00 could open the way to a new high. Institutional Support and Expansion However, Sui has seen new institutional interest. Swiss digital asset bank Sygnum announced it has added custody, trading, and lending services for SUI. The integration includes staking options and SUI collateral-backed Lombard loans. These services will be available to professional and institutional clients, as well as banks. According to Sygnum, its regulated infrastructure provides a secure channel for investors to access the Sui ecosystem. The…

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Filed under: News - @ August 15, 2025 11:24 pm