Sui dominance is a function of its beta. It has a low free float, 70% locked up in staking and it's earlier stage, and therefore any $ of capital in, or out, leads to outside moves over time. Meanwhile the density of its network (TVL per active user) remains constant in up and down markets (a sign of network coherence), and higher than most of its peers. It still has a way to go but the sui:native team is shipping the future of finance and the agentic economy rails. See you at @SuiBasedcamp in Singapore!

$USDT Dominance - Update The USDT Dominance is probably one of the most important charts to keep an eye on. When this metric is bullish, Crypto is bearish as traders / investors flock to USDT to remain neutral. Now as long as we hold below 8.7% then BTC has a chance to pump. Soon as we reclaim 8.7% then we are likely to dump and continue

Bitcoin dominance has increased over the last 4 years with Bitcoin Treasury Companies, ETFs, institutions, and US support. I expect it to keep increasing as stablecoins, tokenization, big bank adoption, and global support expand the digital asset economy around Bitcoin.