↗ SUI Coin Enhances Privacy Tech While Juggling Network Issues and Targeting Major Price Increase

The cryptocurrency SUI Coin had a wave of news recently, some bullish, some neutral, and some potentially bearish. For starters, SUI Coin has been able to outperform both Bitcoin and Ethereum while promoting privacy technology from Mysten Labs. They've also had interesting financial movements, their treasury strategy now housing $441M due to a pivot toward crypto by Mill City Ventures. The SUI Coin showed signs of consolidation in a bullish flag, with potential to grow to $2.29. Nevertheless, the coin also faced a significant hurdle, namely mainnet outage that put the SUI Coin's price foundation to the test.

In consequence to the outages, the blockchain network returned to operation after a six-hour issue. Market experts expect SUI Coin to reach $10 by 2026, and the recent problems have drawn more attention to SUI as a project to watch. Despite the outage, the SUI Coin price increased around 12%, eyeing a $3.3 target in the coming months. Following its listing approval by Coinbase in New York, SUI Coin surged by 21%. An interesting development came in the form of native stablecoins backed by Ethena and BlackRock's Tokenized Fund, hosted by the SUI blockchain.

Looking at its potential pricing, the SUI Coin is showing signs of gaining momentum, with predictions hinting at a push towards $5.00, or even $9 by the year's end. The SUI Blockchain is being noted for its approach to privacy concerns amid the rise of quantum computing. Moreover, Bitwise has filed for a SUI ETF which might accelerate SUI's product push. Even after network crises and a six-hour shutdown, SUI Coin remains stable and displays a potential of reaching $5 recovery zone as analysts back a major recovery.

SUI Coin News Analytics from Thu, 15 May 2025 07:00:00 GMT to Sun, 18 Jan 2026 17:30:29 GMT - Rating 3 - Innovation 8 - Information 7 - Rumor -3