Solana News Today: SUI Price Rises 14% on ETF Hopes and Protocol Upgrades

Recent market movements have placed Sui (SUI) under increased scrutiny, with speculative price forecasts gaining traction despite a lack of direct validation from the project’s leadership. Unverified reports of a potential $1 trillion stablecoin surge and rumored Swiss bank involvement have fueled community optimism, though Mysten Labs has not officially confirmed these claims. Analysts are now projecting that SUI could potentially reach $7, although such predictions are driven primarily by market sentiment rather than concrete developments or partnerships [1].

The leadership team, including CEO Evan Cheng, continues to emphasize Sui’s long-term vision, which centers on protocol scaling, developer outreach, and ecosystem growth. Public statements remain cautious, with no direct price targets or banking collaborations confirmed. Instead, the focus is on improving throughput and enabling real-world financial adoption, in line with Sui’s broader mission [1].

The current price of SUI, which reached $3.67 on August 7, 2025, has shown resilience above the $3.50 to $3.60 support level, with strong trading volume and positive momentum indicators suggesting that the upward trend could continue. A 14% price surge in recent weeks has been attributed to optimism surrounding potential ETF listings and protocol upgrades designed to enhance scalability and cross-chain functionality [1].

Analysts have offered additional forecasts based on current market conditions. One projection suggests that SUI could climb to $5.515, while Bitget has predicted a 2026 price of $4.07, assuming a 5% annual growth rate. This would yield a cumulative return of approximately 39.19% from current levels. Further, extended forecasts indicate that by the end of 2031, the SUI price could reach $5.84, representing a projected 28% annual increase and a total return of 54.44% [3][4].

Bullish sentiment is also supported by the Sui Fear and Greed Index, which reflects a generally positive market mood. Additionally, a 7.5% price jump followed a $450 million liquidity injection into the ecosystem, signaling growing interest from both retail and institutional investors [5][6].

While these developments highlight Sui’s increasing appeal, investors are cautioned to approach price projections with care. The cryptocurrency market is inherently volatile, and outcomes depend on a range of factors including broader market conditions, regulatory shifts, and technological advancements. Price forecasts should be considered as speculative analysis rather than guarantees, and investors are encouraged to perform their own due diligence before making any investment decisions [2].

Sources:

[1] Altcoin Season Countdown: Dogecoin $1.6B, Sui Rises 25% (https://cryptonews.com/news/altcoin-season-dogecoin-1-6b-volume-sui-climbs/)

[2] Solana News Today: SUI Price Surges 9% on Analyst ... (https://www.ainvest.com/news/solana-news-today-sui-price-surges-9-analyst-comparison-solana-bullish-chart-patterns-2508/)

[3] Sui(SUI)Price prediction (https://www.bitget.com/price/sui/price-prediction)

[4] SUI - Sun Communities Stock Forecast (https://www.bitget.com/price/sui/news)

[5] Sui Fear and Greed Index | Multiple Timeframes (https://cfgi.io/sui-fear-greed-index/)

[6] Cold Wallet Surpasses SUI And XRP With ... (https://blockchainreporter.net/best-performing-crypto-today-under-1-cold-wallet-crushes-sui-and-xrp-with-built-in-rewards/)