SUI Surges 55% This Week: Key Price Targets to Watch as Institutional Interest Grows
The SUI network is gaining institutional traction as its native token SUI breaks out of a multi-week downtrend, rallying 55% this week to $3.29. The asset is now eyeing new all-time highs amid surging derivatives activity.
Futures open interest jumped 21% in 24 hours as SUI led top-20 cryptocurrencies with an 11% daily gain. The Layer 1 blockchain’s $32.8 billion FDV and $3 billion daily volume reflect strong market participation.