SUI Defies Gravity: How Upgrades and ETF Buzz Drive Demand

Generated by AI AgentCoinSageReviewed byAInvest News Editorial Team
Wednesday, Jan 7, 2026 2:53 pm ET1min read
Aime RobotAime Summary

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maintains price stability despite $65.1M and $78.9M token unlocks, driven by Mysticeti v2 upgrades and ZK-SNARK privacy enhancements.

- The token surged 30% weekly, briefly reclaiming $2 as ETF filings and $958M futures open interest signal growing institutional demand.

- Network throughput hit 886 TPS, and privacy features attract Bitwise and Canary Capital, with technical indicators supporting a potential $1.80 target.

SUI, the native token of the

blockchain, is bucking market expectations with remarkable price resilience following major token unlocks. This unexpected stability comes as network upgrades boost transaction capabilities and institutional interest grows through ETF filings. The token recently climbed over 40% from December lows, briefly topping $2 for the first time since November 2025.

Why Is SUI Defying Token Unlock Pressure?

SUI absorbed

without significant price corrections, defying typical sell-off patterns. The stability stems from robust on-chain demand fueled by the Mysticeti v2 consensus upgrade, which . Strong infrastructure development provided fundamental support against unlock-related headwinds.

How Do Privacy Features Boost SUI's Appeal?

using ZK-SNARK technology are attracting institutional attention. These features will enable default transaction confidentiality, addressing data exposure concerns that hinder enterprise DeFi adoption. Bitwise and Canary Capital have filed for spot SUI ETFs, as futures open interest jumped 45% to $955 million. Privacy implementation could lacking native confidentiality.

What Technical Signals Support SUI's Momentum?

, with SUI breaking a long-term descending trendline amid strong buying activity. The token after stabilizing between $1.00-$1.20 support levels. Trading volume spiked to $967 million this week while total value locked climbed to $1.04 billion, . Market participants are positioning for potential continuation toward $1.80 with .