$SUI hosted a strong event last week in Miami.
Many updates have been released, strengthening the entire
$SUI ecosystem.
No wonder that it started to break out to the upside, as it has been building technical structures prior to the event.
The fact that you'll be able to build your own prediction market on
$SUI, or that you're able to execute stablecoin transactions seamlessly and for free, is a huge benefit.
These factors will attract more investors and builders to the ecosystem and should therefore drive a strong CAGR in the coming years.
The BTC/SUI pair has clearly entered a bullish trend, given the strong bullish divergence that's built up.
This bullish divergence on the daily timeframe has finally broken to the upside, enabling more momentum.
That doesn't mean we don't have corrections in between, as you can see, but overall, buying the dip is the right approach, as I would expect to see
$SUI outperform Bitcoin for the foreseeable future after all the updates that have come out of the event.