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As of January 11, 2026, SUI's performance remains worth关注. Currently, the price stabilizes at around $1.80, with a modest 24-hour increase of +0.7%. However, over a 7-day period, it has risen by +7.1%, indicating an overall upward trend. In terms of trading volume, the daily average is $402 million, maintaining a stable scale, with a market cap ranking between 17th and 27th.
From a technical perspective, the 1-hour and 4-hour RSI are at 48.11 and 49.21 respectively, both in neutral territory—neither hot nor cold. Interestingly, the daily RSI has broken through 63.03, which is a bullish signal. Although it hasn't reached overbought levels yet, the bulls are gradually gaining advantage. Open interest is between $813M and $815M, up 3.36% in 24 hours, indicating increasing market participation. The funding rate is somewhat mixed—one major exchange shows -0.0074% (shorts paying longs), while another reports +0.0065% (longs with a slight premium).
Looking at liquidation data, $545.18k was liquidated in the past 24 hours, with longs accounting for 72% at $390.14k, suggesting that the previous downward pressure has largely been released. On-chain ecosystem metrics show a TVL of $102.1 million, a slight decrease of -0.93% over 24 hours. The net outflow of $3.61M over the past week reflects mild selling pressure. On the positive side, 24-hour transaction fees are only $22,548 (not high), and the DEX daily trading volume remains stable at $92.31 million, indicating no signs of declining network activity.
There are several noteworthy catalysts on the fundamentals side. The Mysticeti v2 upgrade has achieved a performance target of 866 TPS. More importantly, on January 10, Mysten Labs released a privacy research paper introducing zero-knowledge proofs and homomorphic encryption to enable programmable privacy, which is seen by institutions as a new catalyst for compliant asset flow. Additionally, multiple institutions applied for spot SUI products on January 9.