Cetus Protocol priceCETUS

$SUI Ecosystem plays Good entry areas for Defi Orderbook $DEEP @DeepBookonSui and $CETUS @CetusProtocol DEX.

$SUI Ecosystem plays @SuiNetwork Good entry areas for Defi Orderbook $DEEP @DeepBookonSui and $CETUS @CetusProtocol DEX. Alpha: Plus $WAL @WalrusProtocol TGE maybe March 27th tomorrow?

$SUI has been struggling to shake off a correction phase since the start of 2025, with its decline accelerating after Donald Trump’s second inauguration as U.S. President. The large-cap altcoin, valued at around $22.8 billion, sees massive daily trading volumes of roughly $889 billion, yet its price has tumbled over 32% in the past four weeks. But could a turnaround be on the horizon? Recent price action suggests signs of recovery, with SUI climbing about 5% in the past week. As of Tuesday, March 18, during the early New York session, it was trading around $2.28. Now, all eyes are on a key resistance level that could determine whether SUI is gearing up for a breakout – or facing more downside ahead. Is SUI Ready for a Breakout From a technical perspective, SUI has been in a long-term uptrend over the past two years, forming higher highs and higher lows. Over the last two weeks, it has been retesting a key resistance level from April 2024, which was previously broken in October 2024. SUI is nearing a breakout point, forming an ascending triangle pattern on the 1-hour chart. If the price consistently closes above $2.4, it could trigger a rally toward $2.89. On the downside, if SUI closes below $2.2, the bullish setup would be invalidated, possibly leading to a deeper drop below $2. Fundamental Outlook Beyond price movements, Sui’s network is growing into a thriving Web3 ecosystem. It now hosts several DeFi protocols, including Suilend, NAVI, Cetus AMM, and Haedal. Currently, the Sui network holds over $1.1 billion in total value locked (TVL), while its stablecoin market capitalization stands at around $654 million. This steady growth strengthens SUI’s long-term potential, despite recent price fluctuations. Volatility may be the name of the game, but Sui’s long-term play is looking more solid by the day.

Haedal (HASUI), a liquid staking protocol that allows users to stake their assets on the Sui blockchain, has experienced impressive growth over the past month. On-chain metrics show that Haedal’s daily active wallets and TVL have surpassed its major rivals (DeFi protocols) on the Sui network. Haedal’s DAWs Flips Wave Utility on the Haedal network has risen recently. According to today’s data, as posted in X, Haedal has jumped into third place among all DApps on the Sui network in terms of the number of daily active wallets (DAWs). 🎊 It’s fabulous! Today, #Haedal jumped to the 3rd place among all dApps on Sui by DAW (daily active wallet) and 1st place in DeFi. Thank you to our incredible community. It’s Haedal’s showtime! 🦦🦦 pic.twitter.com/ADg2RYey2r — Haedal🦦 (@HaedalProtocol) March 7, 2025 Haedal is ranked the third position with 44,162 daily active wallets. It is behind Sui, which has 63,828 daily active wallets and Record, which currently controls 89,192 DAWs. As per the data, Haedal stands above Wave. The surge in trading activity indicates that Haedal is attracting an increasing customer base, and more crypto users are showing interest in interacting with its ecosystem. Data from DefiLlama also shows that Haedal is the fourth largest DeFi protocol on the Sui network in terms of TVL. Its TVL currently stands at $159.48 million, behind Cetus AMM’s $173.07 million, Navi protocol’s $350.06 million, and Suilend protocol’s $408.87 million. Haedal price updates HASUI is making an impressive market resurgence following substantial price decreases over the past month. The asset had witnessed a price decline of 21.5% and 19.8% over the past month and two weeks ago respectively. However, the asset recently experienced a breakout from the downtrend. Its price has been up 7.6% and 4.2% over the past seven days and 24 hours ago respectively. While the wider digital asset market has been going through an increased volatility, Haedal’s recovery indicates that there could be unique factors supporting its remarkable performance. The major factors responsible for this uptrend lie in the increased activity in its ecosystem. The key factor that triggered Haedal’s ongoing price recovery is the notable rise in activity on its liquid staking ecosystem. The data above shows that the number of monthly active addresses has increased and remains stable, showing positive investor sentiment toward the platform. This shift signifies a wider trend toward DeFi applications, as more investors are looking for more control of their assets and trading activities. Metrics above indicate that Haedal’s DeFi ecosystem is seeing a rapid growth, indicated by the increase in TVL on its platform. This rise shows increased confidence in Haedal’s innovative offerings and future potential. The growth in daily active addresses and TVL on Haedal’s suggest increased numbers of users are participating in the decentralized staking platform, which could contribute to the continued price upward movement for HASUI. As more users interact with Haedal’s platform, the crypto asset could experience sustained demand and uptrend.

Here are the biggest token unlocks coming next week. 👇 $SUI - 1.24% on Mar 3 $IOTA - 0.24% on Mar 4 $ENA - 65.93% on Mar 5 $CETUS - 1.26% on Mar 6 $AGI - 1.71% on Mar 7 $HFT - 1.52% on Mar 7 $NEON - 11.2% on Mar 7 $SPELL - 0.83% on Mar 7