In the cryptocurrency market, SUI has been attracting attention with its robust technical foundation and innovative ecosystem. Recently, a seasoned market analyst shared his insights on the X platform, suggesting that SUI is in a key structural bullish phase. The current price fluctuates around $2.09, which aligns perfectly with the historical bottom structure. This demand range of $1.6 to $2.0 is often the starting point for significant price reversals. The analyst pointed out that this area has attracted a large number of buyers entering at lower levels, and once the trend is established, SUI's price may experience a long-term increase, potentially reaching a target of $10. This trend is not an isolated case — similar patterns in SUI's past have often been accompanied by parabolic rises once liquidity is ample. As market confidence gradually increases, surging trading volume will act as a catalyst, with both technical and psychological aspects moving upward in sync, forming a positive long-term framework.
If you only look at the price, a target of $20 sounds distant; but if you zoom in on the chain, you'll find that SUI's real confidence has never been solely based on the K-line.
In the past 60 days, the daily active addresses of Sui have rebounded by 41%, and the TVL has steadily reached new highs, all without relying on meme hype or hundredfold airdrop harvesting. The real driving force comes from several low-profile yet extremely pragmatic cash flow projects, which are turning 'ecological narratives' into verifiable income.
One of the most typical examples is the on-chain competitive entertainment protocol Jackson.io. It has done something extremely rare in the crypto world: it takes 100% of the real income generated by the platform to buy back in the market and distribute it to JacksonLp holders, with no team share, no pre-mining, and no extra cuts. Simply put, it has turned 'players' and 'those making platform money' into the same group.
Currently, the repurchase and dividend mechanism has not fully opened, yet the TVL has already increased from 8 million to 31 million, and the token price has more than doubled. More importantly, this is just the prelude — the community is looking forward to the dynamic repurchase, multi-asset basket, and triple-compounding rewards that will gradually land in Q1 next year. Once these switches are turned on, JacksonLp is likely to become the strongest cash flow trump card in the SUI ecosystem.
But the key point I want to discuss today is not Jackson itself, but the structural advantages of SUI that it reflects.
This chain is not lacking in technology or speed; what it has truly lacked is a real business that can keep users engaged and retain value. Now, such businesses are emerging one by one, and they are progressing faster than anyone expected.
So, when analysts set the target price at $20, what they may see is just the K-line; what is truly worth paying attention to is that SUI is quietly completing its transformation from a 'high-performance public chain' to a 'cash flow ecosystem.'
Assets like JacksonLp, which are low-profile yet extremely tied to on-chain income, are just one of the most notable footnotes in this transformation.
In a bull market, the most expensive thing is not the timing of buying in, but the understanding.
The structural strength of SUI no longer needs imagination to believe; it is being realized on-chain transaction by transaction.
