Suilend (SEND) Price Prediction

Deep Dive

1. Strategies Adoption vs. Volatility Risks (Mixed Impact)

Overview: Suilend Strategies, launched August 2025, simplifies leveraged yield farming, attracting $27M in deposits by September. However, the protocol suspended IKA loans on 9 September after a 700% price swing caused $379k in losses (The Defiant).

What this means: Sustained Strategies growth could increase SEND’s utility (fees fund buybacks), but isolated asset listings like IKA expose liquidity risks. With 90-day volatility at -20.55%, demand for “safe” strategies (e.g., sSUI loops) versus speculative plays will dictate fee revenue.

2. Sui Ecosystem Growth vs. NAVI Rivalry (Bullish)

Overview: Sui’s TVL hit $2.6B (+37% MoM), with Suilend commanding $745M. However, NAVI’s $723M TVL (+14% MoM) now trails by just $12M (Messari).

What this means: SEND benefits from Sui’s DeFi expansion (DEX volume: $156B), but losing top protocol status to NAVI could reduce visibility. SEND’s buybacks ($2.7M YTD) and 26% ecosystem TVL share offer leverage if Sui maintains L1 momentum.

3. Macro Headwinds (Bearish)

Overview: Crypto fear sentiment (index 35) and -5.88% total market cap drop in 24 hours compound SEND’s technical weakness (RSI14: 32.06).

What this means: SEND’s 0.0965 turnover ratio signals thin liquidity, magnifying downside in risk-off markets. Until BTC dominance (59.69%) breaks, altcoins like SEND face capital outflow risks.

Conclusion

SEND’s price hinges on balancing Sui’s growth against macro skepticism and execution risks. Can Strategies’ APRs offset NAVI’s steadier TVL gains? Watch Sui’s developer activity (+54% YoY) and SEND’s buyback pace ($9.1M treasury remaining) for directional cues.