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 bearish, with recovery above $0.80 and $1 resistance requiring strong buying momentum. Traders should watch for potential short-term bounces but remain cautious about a sustained recovery.
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 stil...
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 ...
