SUI currently experiences dynamic changes in the
cryptocurrency market. Amidst the fluctuations, the token surged
21% following approval for a
New York listing on
Coinbase, enhancing its accessibility to US investors. This aggressive market expansion and token accessibility led to a substantial rise of
20% in SUI price, as
New York residents can now purchase SUI via
Coinbase.
Analysts keep a keen eye on SUI’s resistance of
$1.71, viewing it as a significant decision zone.
Despite the positive progress, SUI experienced a drastic drop to a year low following the loud criticisms from a trader. Simultaneously, the discovery of the
USDsui stablecoin via
Bridge stirred enthusiasm within the community, signifying
growing adoption of the token while experiencing a
6% surge in a week prompted by two key catalysts.
Leveraged SUI ETF from
21Shares received approval from the
SEC despite volatility concerns. This, combined with hints from Fibonacci levels for a major upside and the predicted
bullish weekly setup fueled by a liquidity sweep, bolsters SUI’s price outlook. The notable advancements, such as the
USDsui launch through Stripe's Bridge, the ETF listing in the U.S., and the subsequent price spike serve as reasons for the anticipated price rally.
However, with intensified
institutional selling pressure, SUI’s value fell by
9%, affecting overall market sentiments and temporarily obstructing any bullish run. Yet, analysts maintain a positive year-end target for SUI, backed by
bullish momentum and strong community support. The prospect of a significant yield ignites optimism for SUI beyond 2025.
SUI Coin News Analytics from Mon, 14 Jul 2025 21:39:43 GMT to Wed, 10 Dec 2025 08:03:41 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor 2
