SUI is currently in a solid consolidation phase just below a breakout level near 3.30. Recent increases in Total Value Locked (TVL) and rising wallet activity provide a strong backing for this cryptocurrency. Investors are closely monitoring these metrics, as they indicate a growing interest in the SUI ecosystem. Should TVL continue to climb and wallet activity remain strong, SUI might be on the verge of a significant price movement. Keeping a close watch on these metrics could help investors make timely decisions in the coming days.