$LOFI, a cryptocurrency associated with the Sui network, has shown a robust performance, achieving a recovery bounce of 37% off strong support. The price surged over 53%, nearing a market capitalization of $100 million. The positive momentum is attributed to strong trading volume, suggesting that $LOFI is breaking free from a consolidation phase. Additionally, the Sui network itself is gaining traction, with recent data indicating that global search interest for $SUI has surpassed that of $SOL on 17 days and $ETH on 16 days over the past 90 days. Furthermore, $7.75 million worth of wrapped Bitcoin (wBTC) is currently deposited on the Sui lending protocol, indicating growing interest and potential for increased total value locked (TVL) on the platform.