SUI Gains Momentum on Swiss Institutional Adoption and Bullish Technicals

SUI, the native token of the Sui blockchain, is showing signs of a potential price breakout, with analysts and market observers highlighting favorable technical, institutional, and retail dynamics that could drive the token toward $5. The recent stabilization of SUI around the $3.50 level has aligned with key support structures, including the Volume-Weighted Average Price (VWAP) and a historically significant structural support zone. This level has previously acted as a launching point for price rallies, and now a double bottom pattern has emerged, which is often interpreted as a bullish reversal signal [2].

A major catalyst for renewed interest in SUI came on August 5, when AMINA Bank AG, a Swiss financial institution regulated by FINMA, became the first regulated entity to offer trading and custody services for the token [2]. This development marked a significant milestone in institutional adoption, bringing increased legitimacy and regulatory confidence to SUI. Following the announcement, the token recorded 1.28 million new addresses within 24 hours, pushing the total address count to 257.9 million [2]. These figures underscore growing user and institutional interest, positioning SUI as more than just a speculative asset but as a potential cornerstone in the next phase of blockchain adoption [2].

Retail sentiment has also turned bullish, with the Binance Long/Short Ratio indicating that 68.3% of traders held long positions as of the latest data. This resulted in a Long/Short Ratio of 2.15, suggesting a strong preference for upward price movement [2]. However, analysts have cautioned that excessive leverage could amplify volatility if the price experiences a sharp retracement. Still, if the current support level at $3.50 holds, the accumulation of long positions could generate significant upward momentum [2].

In addition to retail optimism, social dominance metrics have seen a notable uptick. According to Santiment, SUI’s Social Dominance peaked at 2.2% as of August 5, marking its highest level in months [2]. Historical data suggests that such spikes in online chatter often precede periods of increased price volatility, especially when aligned with strong catalysts such as regulatory developments or institutional adoption [2].

Further supporting the bullish case is the current Liquidation Map, which shows SUI’s price hovering just above a dense cluster of short liquidation levels. In contrast, liquidation pressure above the current price remains relatively light until around $3.88. This imbalance creates favorable conditions for a short squeeze scenario, where a sudden price rally could trigger forced liquidations and further upward momentum [2].

With Swiss regulatory backing, strong technical structure, rising retail optimism, and favorable liquidation dynamics, SUI appears to be in a position where a decisive breakout could occur. If the $3.50 support level continues to hold and short liquidations begin to accelerate, the path to $5 becomes increasingly viable [2].

The broader market context also appears to be aligning in SUI’s favor. In the U.S., the SEC’s recent guidance on liquid staking has had a ripple effect across the crypto space, potentially reducing regulatory uncertainty for tokens and services that rely on staking mechanisms [3]. While there remain internal disagreements within the agency, the general trend points toward greater regulatory clarity and acceptance of innovative blockchain applications.

As SUI continues to navigate this convergence of technical, institutional, and retail factors, market participants are closely watching whether the token can sustain its momentum and deliver on the potential suggested by its recent developments.

Source:

[1] AMINA Bank Leads the Way: First Regulated Bank to Offer SUI Services. (https://www.xt.com/en/blog/community-news/2025-08-05T13:19:16.000Z)

[2] SUI – Here’s How Swiss-Regulated Support Could Fuel a Run to $5!. (https://ambcrypto.com/sui-heres-how-swiss-regulated-support-could-fuel-a-run-to-5/)

[3] How SEC's New Stance on Liquid Staking Could Reshape Ethereum ETFs. (https://ambcrypto.com/how-secs-new-stance-on-liquid-staking-could-reshape-ethereum-etfs/)