Sushi - Has Dropped 62.25% Over the Past Year as Ecosystem Changes Unfold
- SUSHI fell 62.25% in 1 year despite Sui's $2B DeFi TVL growth and 5.5M daily transactions. - HyperSui, a perpetual DEX raising $2M in 2 weeks, aims to boost Sui's TVL to $3B by 2025. - Analysts predict SUI could reach $3.42-$11.20, but SUSHI's price lags network metrics amid DeFi consolidation. - HyperSui's presale (0.00331→$0.09) supports institutional-grade trading on Sui, BNB, Ethereum, and Solana.
As of November 1, 2025, SUSHI experienced a 0.48% decrease over the past 24 hours, settling at $0.5132. Over the last week, SUSHI fell by 5.66%, gained 5.02% in the past month, and declined by 62.25% over the previous year.
The
A significant milestone for the Sui ecosystem is the debut of HyperSui, a newly launched perpetual decentralized exchange (DEX). HyperSui, which secured over $2 million in funding within two weeks, is positioned as the first all-encompassing perpetual DEX on Sui. The exchange utilizes sophisticated liquidity mechanisms and automated market
Perpetual DEXs are rapidly gaining popularity in DeFi, thanks to their continuous trading capabilities, advanced leverage features, and deep liquidity suitable for institutions. These advantages have allowed perpetual DEXs to surpass traditional exchanges in user activity and trading volume. Their growth is considered a major factor in the increasing DeFi TVL, especially on high-speed blockchains like Sui.
SUSHI continues to face a tough market environment. Even as Sui’s DeFi activity and TVL expand, SUSHI’s price has dropped sharply by 62.25% over the last year. This poor performance stands in contrast to the optimistic forecasts for SUI, highlighting a gap between the network’s development and the token’s market value. Experts remain wary, pointing out that the DeFi industry is still consolidating, with token prices often trailing behind network growth.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin News Update: Institutions Move $750 Million into Solana ETFs While Bitcoin and Ethereum ETFs Experience Withdrawals
- Solana ETFs (e.g., Bitwise BSOL) attracted $199.2M inflows in late October 2025, contrasting Bitcoin and Ethereum ETFs' $750M combined outflows. - BlackRock's IBIT offloaded $297.9M BTC while Ethereum ETFs lost $121.9M ETH, driven by institutional capital reallocation. - Analysts attribute Solana's growth to 7% staking yields, new products, and Hong Kong's first approved Solana ETF, signaling institutional adoption. - Bitcoin's $470.7M single-day outflow highlights macroeconomic sensitivity, despite $931
Balancer’s $70 Million Hack Underscores Automation Vulnerabilities in DeFi
- DeFi protocol Balancer lost $70M in exploit, third major hack in five years, exposing AMM security flaws. - Binance partnered with Trump-linked WLFI, boosting stablecoin market cap from $127M to $2.1B post-listing. - Spirit AeroSystems reported $724M Q3 loss, 3D Systems forecasts 17.6% revenue drop amid supply chain issues. - Tether revealed $10B 2025 Q1-3 profits, surpassing Bank of America's $8.9B net income during same period.
Bitcoin News Update: Bitcoin’s Six-Year Bull Run Ends Abruptly in ‘Red October’ Amid Geopolitical Tensions and Increased Leverage-Induced Sell-Off
- Bitcoin fell below $109,000 in Nov 2025, ending a six-year "Uptober" streak due to geopolitical tensions and leveraged trading collapses. - Trump's tariff threats and derivatives liquidations triggered a $1.1T market value loss, with analysts attributing the crash to crowded leveraged bets. - Whale activity and shifting institutional demand highlight evolving market dynamics, as long-term holders exit and new investors face negative unrealized profits. - Despite infrastructure growth and ETF demand, reco
Bitcoin News Update: France’s Cryptocurrency Tax Raises Concerns Over Capital Outflow as Opponents Argue Investors Are Being Punished
- France's National Assembly passed a 1% tax on "unproductive wealth" over €2M, including crypto, to boost productive investments. - The law reclassifies crypto, gold, and art as non-productive assets, raising the wealth threshold from €1.3M to €2M. - Critics warn it penalizes savers seeking stability in Bitcoin, risking forced asset sales and capital flight to EU crypto-friendly zones. - The amendment now awaits Senate approval for 2026 implementation, reflecting France's shift to integrate crypto into tr
Trending news
MoreCrypto prices
More
