sparklepuss

@ourcryptotalk Seems cooked

$SUI hit $5.35 in January 2025. Everyone called it the Solana killer. But it will probably NEVER get back to ATH The tech is there but the TOKENOMICS are designed to work against the price. Let me show you exactly why 👇 Today it trades around $0.88 which is an 83% drawdown. To reclaim ATH from here $SUI needs a 507% rally. At current circulating supply that would require a market cap above $19B. 👉 But here is the problem : By the time the price would hypothetically reach $5.35 again there will be billions more tokens in circulation. At full dilution that is a $53.5B fully diluted market cap needed. For reference ,$SOL sits at roughly $50B FDV after > years of ecosystem dominance > surviving multiple outages > building the largest non-EVM DeFi ecosystem > becoming a household name in crypto. $SUI would need to become 75% the size of Solana. Meanwhile the circulating market cap today is $3.4B. The FDV is already $8.8B. That 2.5x gap between what exists and what is coming is a giant red flag the market is already pricing in. The "Solana Killer" tag was given during the hype cycle and it did not age well. Solana has gone 18+ months without a full network halt but $SUI went down for 6 hours in January 2026. Its second major outage since a May 2023 launch with $1B in assets frozen 👉 The Unlock Wall 61% of all $SUI is still locked and it is unlocking every single month. That is roughly 42 to 53 million tokens per month. $40 to $50M in new supply every month until 2030. April 1 2026 alone : 53.4M $SUI unlocking i.e. $47.5M. Going to Community Reserve, early contributors and series B investors. To reach $5.35 ATH the current 3.9B circulating tokens would need a $20.8B market cap. But by end of 2026 circulating supply will be closer to 4.5B tokens. That pushes the required market cap to $24B. By 2028 when supply crosses 6B+ tokens you need $32B+ 👉 The Chain is Shrinking. If on-chain activity was exploding you could argue demand would absorb the unlocks. TVL peaked at $2.57B in late 2025. By March 2026 it crashed to $573M with 78% collapse with one of the most severe capital flights in recent DeFi history. It has since recovered slightly to around $600M. But for context, Solana DeFi TVL exceeds $10B. $SUI is not even in the top 7 chains by TVL anymore. In Q3 2025 daily active addresses fell 9.5% quarter over quarter. Average daily transactions dropped 4.7%. Total network fees declined 11.1% which measured in $SUI fell 22.3%. Less users, transactions and revenue while more tokens keep hitting the market.

@CamHeyward Thanks for your service, but time to call this career a wrap.

@steelers End of an era for sure. I was glad to have his steady hand for several seasons. Thanks for all the work and culture you delivered and best wishes to you on your next adventure.

Statement from Steelers President Art Rooney II on Coach Mike Tomlin:

@StillMill1 Be careful what you wish for. You trust Wet Towel Art II to make a good choice for the next HC?

Mike Stoogelin.....gone ! What a glorious day !! #HereWeGo

@ThePoniExpress Amen

I think if Mason Rudolph got an opportunity he could be a top 20 NFL starting quarterback. Thoughts?

@NFL Steelers

Only real fans comment. Make your case 👇

@ZelenskyyUa @lexfridman As a person of Western Slav heritage background - I am interested to hear the story of the war between eastern Slavs from the POV of @ZelenskyyUa

@lexfridman Agreed. See you in Ukraine, @lexfridman

I would love to do a 3 hour podcast with @ZelenskyyUa I will come to Kyiv for it. Let's do it.

@ShaunZooBox Egyptian cotton?

Greasy little sex pests gotta stick together (hopefully not like that).

@andrewzimmern Looks fancy

Get ready for holiday hosting with my complete recipe guide! buff.ly/4f02VSK

@SteelCNetwork @STLRSuperFanDad Sorry for your loss!

Who gets the game ball for the Steelers 44-38 win over the Bengals in Week 13? There were some clutch performances in the Steelers Week 13 victory. Who gets this week's SCN game ball?fansfirstsports.com/steel-curtain-…

@CAGcast are yinz doing your annual Black Friday show tonight?

@neverlie Love this thread

WORST REDESIGNS A THREAD 🧵

@BarackObama I made sure to thank the election workers. They are the glue that holds this thing together. Regardless of the outcome, it’s a great day to be an American because we all had the opportunity to voice our opinion

It took several days to count every ballot in 2020, and it’s very likely we won’t know the outcome tonight either. So please keep a few things in mind as you make your voice heard today: – Thousands of election workers around the country are working hard today. Respect them. Thank them.  – Don’t share things before checking your sources.  – Let the process run its course. It takes time to count every ballot.

Bro looks like a guy, just saying

@VancityReynolds can you please start a damned cable company or streaming entertainment service. We living in a land of damned vultures out here. Please save us! @SpectrumBiz @ATTHelp @comcast @chartercomms

@Snowden I would appreciate an explanation from our elected officials

The House has voted to approve unconstitutional, warrantless searches of Americans' communications. Now the Senate has too—late on Friday, after the media had gone home. Only the President can stop it from becoming law, and he won't—because he's the one that asked for it. 🦅🇺🇸

@MarkMaddenX Even before this season, Rudolph was statistically better than Kenny Pickett. After Mason going 3/3, I don’t know how you don’t retain him and at the very least make a competition in Camp next year.

This could lead to Kenny Pickett starting the playoff game.

@WallStreetSilv Timeline problem. Not possible

Let's settle this once and for all. Is it true?

@MaryKayCabot Watson is trash

#Browns Elijah Moore walking to locker room after being seen in medical tent. Deshaun Watson done after a series

The Brett Michaels parti-gras tour was a blast. Hopefully they keep it rolling next year.