The SUI crypto token is outperforming other cryptocurrencies in terms of monthly returns, trading just 29.82% below its all-time high. Its unique DeFi protocol, offering lending and derivatives, has fueled a surge in its Total Value Locked (TVL) from $210 million to over $1.3 billion in 264 days.

SUI has seen a 13% jump in the past day, with a trading volume of $810 million, nearing its 6-month high of $1.6. It has gained 54.36% in the last seven days and 80.81% over the past 30 days, rewarding long-term investors with a 2X return. The altcoin has broken through its resistance trendline, and the 50/200-day EMA is close to a Golden Cross, signaling bullish momentum.

SUI's TVL has hit a new all-time high of $1.317 billion, with a market cap of $4.022 billion. A breakout above $1.60 could push the price to $1.90 or even $2.18. However, if bearish pressure persists, it may test support levels of $1.29 or lower.