Sui's price has dropped 8% to $1.32 amid market fears, yet its total value locked (TVL) has climbed to $2.6 billion. This increase in TVL comes as network transaction volume surged by 23% following the launch of the Sui Trust by Grayscale. Despite the price decline, analysts remain optimistic about Sui's long-term potential. They note the network's growing stablecoin liquidity and unique technology stack, suggesting it could evolve into a blue-chip asset. However, they caution that security risks still need to be addressed.