Sui Price Forecast: SUI Group’s Massive 20M Token Treasury Boost Pushes Holdings Past 100M Milestone
SUI Group just turbocharged its treasury—adding another 20 million tokens to push total holdings above 100 million.
What This Means for the Market
That's not just pocket change—it's a serious vote of confidence in Sui's ecosystem. Treasury expansions like this typically signal long-term strategic positioning rather than short-term profit-taking. They're playing the marathon, not the sprint.
Price Implications Ahead
Massive treasury accumulation often precedes major ecosystem developments—think staking rewards, grants, or protocol upgrades. When foundations stack tokens this aggressively, they're usually preparing for something big. Meanwhile, traditional finance guys are still trying to figure out how to short something that trades 24/7.
Bottom line: When the house keeps raising its own stake, smart money pays attention.
SUI Group’s total treasury holdings exceed 100 million
SUI Group Holding Limited (SUIG), the only publicly traded company with an official relationship with the sui Foundation, announced on Tuesday that it has added 20 million SYU tokens to its treasury, bringing its total holdings to over 100 million, valued at more than $300 million.
“We plan to continue to seek accretive capital raises to make additional purchases of discounted locked SUI and, in turn, increase our SUI per share to generate value for our shareholders,” said Stephen Mackintosh, Chief Investment Officer of SUI Group.
This news announcement is bullish for the SUI token in the long term, as it signals institutional confidence and reduces the circulating supply of SUI tokens in the market, thereby increasing its demand and prices.
Examining the on-chain data provides further support for the bullish outlook. Artemis Terminal data show that weekly transactions reached $47.9 million in the last week of August, the highest weekly level since April, suggesting renewed network activity and growing user participation.
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Sui transactions chart. Source: Artemis Terminal
Apart from rising transactions, Sui’s expanding partnerships and ongoing developments also support the bullish view. Threshold Network has deepened its Bitcoin integration on Sui with the launch of Phase 2 of tBTC, following strong adoption in Phase 1. In its initial phase, Bitcoin rapidly grew to account for 20% of Sui’s Total Value Locked (TVL), with $10 million in tBTC supplied on Alphalend and over $2.8 million in liquidity added. Now, with Phase 2 underway, Bitcoin DeFi on Sui is accelerating, setting the stage for the next wave of adoption and cross-chain activity.
Sui Price Forecast: SUI could rally if it breaks above the falling wedge pattern
Sui price trades within the falling wedge pattern (drawn by connecting multiple highs and lows with two trendlines since mid-July). A breakout of this pattern generally favors the bulls. sui price found support around its 50% price retracement level at $3.08, which roughly coincides with the lower trendline boundary of the wedge pattern on Monday and recovered 6% in the next two days. At the time of writing on Thursday, it trades around $3.34.
If SUI breaks above the upper boundary of the wedge pattern and closes above the daily resistance at $3.65, it could extend the rally toward its July 28 high of $4.44.
The Relative Strength Index (RSI) on the daily chart reads 44, nearing its neutral level of 50, indicating a fading of bearish momentum. The Moving Average Convergence Divergence (MACD) lines are also nearing each other with decreasing red histogram bars, suggesting a bullish crossover could happen in the coming sessions.
SUI/USDT daily chart
However, if SUI faces a correction, it could extend the decline to find support around its 50% price retracement level at $3.08.
