Sui, a Blockchain project that many now call the biggest competitors of Solana, suddenly returned to the event. Last week, approximately 25 %, from $ 1.86 to About $ 2.32. But this rapid increase is just part of a much larger image. Many signs indicate a much larger thing on the horizon of this ascending symbol.
Sui Stablecoin achieved the record height
SUI was once seen as one of the worst performing assets this year, as it decreased by 60 % since January. But things began to change in March and April, as the distinguished symbol began to show strong signs of return.
Last week alone, the Sui network witnessed a big leap in Stablecoin’s activity. around $ 60 million from Stablecoins It flowed to the network in just 24 hours, on the occasion of a new record.
I have now put this SUI between the higher Blockchain networks when it comes to stablecoin flows, so that the giants like Ethereum and Solana excel.
Sui shows strong rising signals
Add more excitement, the famous analyst Raoul Pal participated in a very upward look of the distinctive symbol. Looking at the price of the price for one day of SUI, PAL believes that the currency is about to get out of the declining direction and may be ready for a strong crowd.
Support this opinion, another well -known encryption merchant, Capital Faibik, It refers to the “fall of the fall” Forming a pattern on a normal scheme. This pattern often indicates outbreak, and if it happens, it is believed that the price can rise to about $ 4.80.
Great prediction: sui to $ 10?
But the most attractive prediction comes from the investment giant. The company, which manages more than $ 116 billion of assets, says that it may increase by more than 350 % and He hit $ 10 in the end From 2025.
This prediction is likely now, like Canary Capital boxes have just been presented For the first time ever of Sui Tokeen Etf. This step can attract institutional investors, which usually help assets grow in the long run.
Sui price analysis
As of now, SUI is currently trading at $ 2.32, indicating an increase of 1.5 % over the past 24 hours, with the maximum market reaching $ 7.5 billion.
Looking at the plans, it is clear that the bulls are in control. Rsi jumped From 48 to 68This indicates the renewal of the purchase activity. In addition, MACD turned up, indicating that the trend can continue its upward path.
The code recently exceeded critical resistance at $ 2.25, which is now a strong support. If SUI continues to pay forward, the next resistance point that must be seen is $ 2.78. The collapse above this may lead to an increase of about $ 3.17.
