SUI Rebounds After Cetus Exploit: TVL Jumps to $1.8B, Analysts See Bullish Signs
- SUI rebounds strongly post-Cetus exploit, regaining bullish structure and investor trust
- Technicals support bullish case as price consolidates above $3 with rising TVL strength
- Analysts eye breakout above $4.83, targeting $7–$10 if inflow momentum continues
SUI is staging a strong comeback after weeks of market turbulence due to the Cetus exploit, with signs of renewed investor confidence and improving technical strength. Despite a heavy dose of fear, uncertainty, and doubt (FUD), the SUI token has bounced back impressively in both its price structure and its Total Value Locked (TVL).
The project’s fundamentals appear intact, and some analysts now see SUI as a resilient contender in the ongoing race for blockchain adoption. Notably, the asset has reportedly shown outperformance relative to Solana in recent months, a trend some expect to continue over the next 12 to 24 months.
SUI Technicals: TVL Rebounds $300M to $1.8B; Price Consolidates Above $3 Support
Michaël van de Poppe noted that SUI’s TVL surged by $300 million, pushing it back to $1.8 billion. This rebound came swiftly after the exploit news, underscoring strong investor conviction.
…The post SUI Rebounds After Cetus Exploit: TVL Jumps to $1.8B, Analysts See Bullish Signs appeared first on Coin Edition.
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SUI Rebounds After Cetus Exploit: TVL Jumps to $1.8B, Analysts See Bullish Signs
- SUI rebounds strongly post-Cetus exploit, regaining bullish structure and investor trust
- Technicals support bullish case as price consolidates above $3 with rising TVL strength
- Analysts eye breakout above $4.83, targeting $7–$10 if inflow momentum continues
SUI is staging a strong comeback after weeks of market turbulence due to the Cetus exploit, with signs of renewed investor confidence and improving technical strength. Despite a heavy dose of fear, uncertainty, and doubt (FUD), the SUI token has bounced back impressively in both its price structure and its Total Value Locked (TVL).
The project’s fundamentals appear intact, and some analysts now see SUI as a resilient contender in the ongoing race for blockchain adoption. Notably, the asset has reportedly shown outperformance relative to Solana in recent months, a trend some expect to continue over the next 12 to 24 months.
SUI Technicals: TVL Rebounds $300M to $1.8B; Price Consolidates Above $3 Support
Michaël van de Poppe noted that SUI’s TVL surged by $300 million, pushing it back to $1.8 billion. This rebound came swiftly after the exploit news, underscoring strong investor conviction.
…The post SUI Rebounds After Cetus Exploit: TVL Jumps to $1.8B, Analysts See Bullish Signs appeared first on Coin Edition.
Read More