• SUI’s on-chain activity and data signals suggest a strong market optimism while bullish momentum continues.
  • Analysts predicted that SUI could move past its $5.35 all-time high and target the $7.22 key resistance level.

Sui [SUI] is gearing up for a bullish momentum in the last 24 hours following a 10.52% price surge and increased network activity.

At the time of writing, SUI was trading at $3.31, rising from the $2.85 key support on the 4-hour time frame. According to Cryptowaves data, the RSI level is at 45, indicating a neutral market sentiment after weeks of bearish momentum.

Holding the $2.85 to 3.00 support zone in the lower time frames confirms the uptrend in the higher time frame.

According to Solberg Invest on X (formerly Twitter), SUI could surpass its $5.35 all-time high, move past the $6.16 critical level, and target the $7.22 resistance level. 

Source: X

On-chain metrics

According to OKlink data, there has been a 55,522 increase in active addresses in the Sui Network in the last 24 hours. The total addresses increased by 102,883, while trading volume increased by 7.15%. 

A crypto analyst, Giannis Andreou has also shared the growing adoption of the Sui network with the following X post.

He noted that Sui is experiencing higher transaction volume than Ethereum, Arbitrum, and Optimism combined in 2025, with daily transaction volumes growing steadily.

Go to Source to See Full Article
Author: Denis Mwirigi

BTC NewswireAuthor posts

BTC Newswire Crypto News at your Fingertips

Comments are disabled.