📈 Q3 Starts with a Bang! Nearly $500B has flowed into crypto in two weeks. Strip out BTC and you still get $160B into alts. Leading the charge? Sui (SUI)—up 44% in July, trading near $3.90, beating all major L1s.
💹 SUI/BTC Flips Green. The SUI/BTC ratio posted its strongest intraday gain in 2 months, up 10.14%, while ETH/BTC and SOL/BTC stall at resistance. Capital is clearly rotating into SUI, which is tracking BTC’s 10% breakout and signaling classic altcoin rotation.
🔥 Market Cap & TVL Explode. SUI's market cap jumped 44.7% this month vs ETH’s 9.2%. Its TVL hit an ATH of $2.219B, showing real DeFi traction. More capital is locking into SUI’s ecosystem—not just price chasing, but deeper user engagement.
⚡ Fees, Flows, Narrative. SUI isn't just riding BTC’s momentum. Monthly fees surged 42% to $42K, doubling Ethereum’s growth in the same period. As SUI nears the key $4 supply zone, this breakout could confirm its Q3 dominance in the L1 race.
Top comments (0)