The Sui ecosystem is emerging as one of the strongest performers in the current corrective market environment, according to market analyst Michaël van de Poppe. In a detailed market update shared on December 5, van de Poppe highlighted Sui’s technical strength, ecosystem momentum, and major catalysts that could position it for an outsized rebound once sentiment shifts.

SUI and Ecosystem Tokens Lead Market Recovery

Van de Poppe noted that SUI has already climbed 36% from its recent local low, forming a clean higher low after an early-December liquidity sweep. The move has been accompanied by improving momentum indicators and strengthening support levels—signals he says typically precede trend reversals in resilient ecosystems.

Several Sui-linked assets have significantly outperformed the broader market:

• SUIJ has surged +369%, marking one of the steepest ecosystem-wide rebounds.
• WAL is up 25% from its recent lows.
• SUI continues to show relative strength while many altcoins remain in declining structures.

According to van de Poppe, these metrics suggest Sui is absorbing market pressure more effectively than its peers and may be positioned for accelerated upside once risk appetite returns.

Major Catalysts Boost Investor Confidence

Multiple developments have fueled renewed attention on Sui:

• Walrus Protocol, Sui’s decentralized storage network, has been listed on Kraken for users in the United States and Canada—expanding institutional and retail access.
• The first-ever 2x leveraged SUI ETF was approved on Nasdaq, a major step that integrates Sui into traditional financial markets through regulated investment vehicles.
• Ecosystem activity and liquidity continue to grow, reinforcing van de Poppe’s view that Sui is transitioning from correction to accumulation ahead of a potential next leg upward.

Van de Poppe emphasized that Sui’s price behavior mirrors patterns seen in past market leaders—projects that establish higher lows early and move ahead of broader recovery phases.

Positioning for the Next Market Rotation

With Bitcoin dominance still holding strong and macro uncertainty expected to persist into 2026, analysts increasingly look toward selective ecosystem plays for asymmetric upside opportunities. Van de Poppe argues that assets already showing powerful rebounds—like Sui and its associated tokens—are likely to be early beneficiaries once sentiment improves.

“In a sea of red, the assets bouncing hardest deserve your attention,” he wrote. For now, Sui and its surrounding ecosystem appear to be leading that list.

Aster burned 77.86 million tokens, cutting supply and drawing increased market attention.
The burn is part of Aster’s S3 buyback, now exceeding 155 million tokens removed in total.
ASTER held above $1 as traders monitored liquidity and broader crypto stability.

Aster’s market drew attention after its buyback wallet removed 77.86 million ASTER tokens valued at approximately $79.81 million. The move arrived during steady overall market activity and prompted closer tracking of the token’s short-term behavior.

Aster confirmed the supply reduction after the buyback wallet sent 77.86 million ASTER tokens to an inactive address, permanently removing them from circulation. Blockchain tracker Lookonchain highlighted the transaction, and Arkham Intelligence data showed the burn was fully executed. Users followed the update in real time as the tokens left the active supply.

The burn is part of Aster’s ongoing S3 buyback program, which has now eliminated more than 155 million tokens in total. A portion of the latest transaction also moved tokens into an airdrop-locked wallet, keeping additional supply temporarily out of market circulation.

Market attention increased after the supply cut, as the burn aligned with active trading sessions. Users monitored order books and short-term volatility to gauge how the reduced supply might affect liquidity. On-chain activity also showed a notable whale address purchasing three million ASTER within a single day after taking a recent loss, adding another layer of interest around the token.

At the time of reporting, ASTER maintained support above $1.00 and traded near $1.03. The project’s market capitalization stood around $2.37 billion as wallet balances continued to rise. Broader crypto conditions remained stable—Bitcoin traded above $92,000, Ethereum near $3,100, and XRP above $2—helping maintain market confidence as Aster’s burn announcement circulated.

Users continued monitoring ASTER pairs across exchanges, watching for liquidity shifts in the next trading sessions as supply changes and whale activity shaped short-term sentiment.

Chainlink (LINK) has officially entered a strong bullish phase, breaking above $14.50 for the first time since early 2025 as a clean Elliott Wave impulse takes shape across multiple timeframes. The move follows a major catalyst: the launch of Grayscale’s Chainlink Trust ETF (GLNK) on NYSE Arca—the world’s first regulated spot LINK investment product. Institutional inflows surged immediately after the listing, fueling a 20% single-day rally and pushing LINK’s trading volume above $1.8 billion.

From a technical perspective, the current rally aligns closely with classic Elliott Wave structure. Analysts note that LINK is now progressing through wave (c) of a broader fifth-wave extension, presenting three key upside targets:
• $14.59 – previous local high
• $15.15 – 1.618 Fibonacci extension
• $15.75 – wave-5 equality target
Any pullback is expected to remain shallow, with the wave-4 micro support zone between $13.22–$13.92 already rejecting sellers twice within 48 hours.

On-chain indicators reinforce the bullish outlook. Exchange reserves have fallen to a multi-year low—just 14.8% of circulating supply—as LINK continues migrating to cold storage and staking. More than 60 million LINK is now staked, and accumulation by large wallets has increased consistently. Chainlink currently secures over $95 billion in value across DeFi, TradFi, and RWA platforms while processing nearly 43% of all oracle traffic in the blockchain industry.

Fundamentally, Chainlink continues to strengthen its position as the leading decentralized data and interoperability layer. Recent improvements to the Chainlink Runtime Environment, expanded CCIP revenue-sharing programs, and deeper integrations with institutions such as Anchorage Digital and Folks Finance provide structural support for long-term growth. Still, risks remain—LINK historically carries a high beta to Ethereum, and profit-taking after the ETF-driven breakout could spark a correction of up to 15–20%.

As long as the key support range at $13.22–$13.92 holds firm, analysts expect LINK to maintain upward momentum. Many now consider the $18–$20 range achievable before the end of 2025 if LINK can break above $15.75 with strong volume. For traders and long-term holders, the current consolidation around $14.50 presents an attractive risk-reward zone ahead of what could be Chainlink’s next major leg up in the 2025 bull cycle.