Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
SUI Haedal pledge exceeds 10 million WAL, Sui total lock value reaches $523.5 million, SUI retests support
Sui's decentralized finance (DeFi) ecosystem is receiving increasing attention. As a liquidity pledge protocol running on the network, Haedal has pledged more than 10 million WAL tokens in its haWAL products. According to industry intelligence platform MSB Intel, this milestone highlights the growing engagement in the Sui ecosystem. At the same time, Sui Network's total lock value (TVL) has reached $523.5 million, marking a major achievement for the network.
Haedal's liquidity pledge milestone
Haedal is known for the liquidity pledge solutions it provides on the Sui network. The pledge volume of its haWAL products has exceeded 10 million WAL tokens, achieving a major breakthrough. Liquidity pledges allow users to pledge assets while retaining liquid derivatives tokens, allowing them to participate in other DeFi opportunities without having to forgo pledge rewards.
Noun explanation: Haedal is a decentralized protocol on the Sui network that allows users to pledge the network's native WAL tokens and obtain haWAL tokens representing liquidity. haWAL can be used in supported DeFi applications, providing greater flexibility to pledgers.
The current total haWAL pledge reflects user interactions with Haedal, a specific protocol, while Sui's broader TVL tracks the total value of deposits across multiple protocols on the network. Currently, the total locked value of Sui Networks is US$523.5 million, and the 10 million WALs pledged by Haedal highlight the increasingly active activity in the Sui DeFi field.
Sui's current DeFi landscape
Sui's TVL reached US$523.5 million, making it one of the more active DeFi networks, indicating steady growth in capital inflows and user engagement. The total locked position value represents the total value of digital assets held in various decentralized financial agreements and is an important indicator of ecosystem health and adoption.
While Haedal's milestones demonstrate participation in specific agreements, the overall TVL trend provides a more macro perspective on the growth of the Sui DeFi sector. However, this data only reflects network activity and does not guarantee the future price performance of SUI (network native tokens).
Price Analysis and Key Support Levels
Cryptocurrency analyst Giannis Andreou closely follows the SUI as it retests previous consolidation ranges. According to Andreou's analysis, SUI is currently trading at approximately $1.07 and remains in the key support area of $1.00 to $1.08. Especially after the September breakthrough, this range may be crucial to its short-term trend.
Andreou pointed out that if this range can be held, SUI is expected to build higher lows and may regain upward momentum. If support is effective, preliminary upside targets include $1.18 and $1.30, while the previous band high of $1.41 is a more ambitious target. Conversely, a break below $0.99 would negate the bullish scenario and signal potential weakness.
Analysts 'forecasts suggest a 32% increase could occur if SUI moves from current prices towards $1.41 and support remains solid. However, broader cryptocurrency market trends, liquidity and trading needs largely determine whether tokens can achieve this result.
Whether SUI can remain above the support level of US$1.00 - 1.08 is crucial to the recent price trend. Before targeting the band high of $1.41,$1.18 and $1.30 are intermediate resistance levels.
Market Outlook and Ecological Background
Although recent pledge volumes and TVL milestones indicate strong activity on Sui, they are not independent indicators of SUI's bullish price behavior. The technical form outlined by Andreou requires SUI to maintain its support range while responding to external factors.
If SUI successfully holds the current consolidation range and breaks through the intermediate resistance levels of $1.18 and $1.30, the move towards $1.41 will become the focus. However, a break below $0.99 would undermine the current market landscape and could hinder recovery efforts.
The combined effect of Haedal's milestone and Sui's overall TVL growth highlights the momentum in the ecosystem, but it remains to be seen whether this momentum will translate into continued token demand. Technical confirmations and broader market sentiment will continue to shape SUI's immediate direction.
