AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
The
token, currently trading near $3.38, has shown resilience by maintaining prices above a key support level for the third time in 2025. Analysts suggest this repeated support hold may indicate a potential for another significant price increase. Market analyst Lau has drawn parallels between the current scenario and previous breakouts, where the token saw gains of more than 1,000% in one instance. According to Lau, a decisive move above $4.55 could be the catalyst for a surge toward a $7 price target [1].This
technical outlook is further supported by SUI’s consistent higher lows and the market's respect for key support levels. These patterns imply a growing confidence among buyers and mirror previous setups that triggered strong upward momentum [1]. Institutional adoption is also contributing to the optimism surrounding SUI. Sygnum Bank in Switzerland has recently integrated SUI into its custody, staking, and trading offerings for institutional clients, enhancing the token’s credibility within traditional finance [1].In parallel, the Sui Network has witnessed a notable rise in decentralized finance (DeFi) activity, with stablecoin transfers crossing the $1 trillion threshold. This surge points to a deepening pool of liquidity and increased user engagement on the network [1].
Despite these encouraging signs, short-term challenges persist. Exchange data from CoinGlass indicates that spot inflows slightly exceed outflows, hinting at mild selling pressure. Additionally, taker sell volume has been higher than buy volume over the past 90 days. However, the overall sentiment among traders remains bullish. The long-to-short ratio on Binance has climbed to 2.39, and more than 70% of market participants are positioned for upward movement [1].
If the current bullish momentum continues, the SUI token may be on the verge of a breakout, making Lau’s $7 price forecast seem increasingly plausible [1].
Source:
[1] SUI Price Could Hit $7 as Key Support Holds for Third Time in 2025 (https://coinmarketcap.com/community/articles/68976a941b7c85774590a8d7/)

Quickly understand the history and background of various well-known coins

Dec.02 2025

Dec.02 2025

Dec.02 2025

Dec.02 2025

Dec.02 2025
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet