Understanding How SUI Overtook Arbitrum and the Next Steps for the Price
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- SUI has achieved a significant milestone in DEX volumes, potentially attracting more liquidity providers and investments into its ecosystem.
- SUI is currently consolidating between $4.86 and $4.61, where a decisive movement could trigger a 10% price fluctuation.
SUI marked an important achievement by surpassing Arbitrum for the first time in DEX volumes, indicating that the token’s price narrative is diverging. Currently trading within a range of $4.86 to $4.61, SUI appears ready for a substantial movement that may adjust its valuation by up to 10%.
Market participants are closely monitoring this critical point; SUI’s potential breakout or decline could significantly influence its short-term direction. Share
