SUI Price Prediction: Bullish Momentum Builds as Open Interest Hits $1.62B and Adidas Partnership Fuels Adoption
Sui’s price jumped nearly 10% on Thursday, testing key resistance at $3.65 as on-chain indicators turn bullish. Open Interest reached a record $1.62 billion, with traders increasingly taking long positions.
The blockchain’s ecosystem growth got a significant boost from Adidas’ collaboration with XOCIETY, a leading Web3 game built on Sui. Such high-profile partnerships are accelerating adoption and expanding the token’s utility beyond speculation.