SUI cryptocurrency has risen 26.19% over the past week, currently trading around $0.85, which is 78.2% below its 12-month high of $3.89. Despite the recent bounce from a 12-month low of $0.65, the overall downtrend remains intact as the price is still 18.5% below the 200-day moving average of $1.04. High trading volume and liquidity support active market participation, but the high RSI of 75.1 signals a risk of short-term pullback. Long-term price pressure persists due to 59% of the token supply yet to be released, making the current price a discount if network demand grows sufficiently. Investors should watch for a break above $1.04 to confirm a trend reversal or a drop below $0.65 to confirm further decline.
The SUI token surged 45% in three days but failed to maintain its gains, dropping below the key $0.80 support level due to selling pressure and the upcoming Phantom wallet support end. Despite some buying signals, the overall short-term trend remains...
The SUI token is currently trading near $0.73 and faces a critical resistance level at $0.85, which must be decisively broken for bullish momentum to continue toward targets of $1.07 and $1.34. Institutional investors have shown strong interest, with...
Sui's stablecoin supply has remained steady near $500 million, about 69% below its May 2025 peak of $1.6 billion. Despite this, the network has processed over $65 billion in zero-fee stablecoin transfers since June 10, thanks to a protocol update rem...
Phantom, a digital wallet, will stop supporting the Sui Network on September 24, meaning users can no longer manage their Sui assets through Phantom. Although the tokens remain on the Sui blockchain, users must migrate to other compatible wallets to ...
