SUI Token Shows Resilience with 70% Monthly Gain Despite Short-Term Pullback
Sui’s token (SUI) experienced a 1.7% weekly dip after facing resistance above the $4 level, yet maintains an impressive 70% monthly gain. This minor retracement follows a bullish breakout, highlighting the inherent volatility of cryptocurrency markets.
Institutional interest continues growing, with sui Network’s recent partnership with Swiss asset manager 21Shares standing out. The collaboration focuses on developing advanced products and research initiatives, utilizing Sui’s high-throughput blockchain infrastructure for real-world asset tokenization.
Sui’s technical strengths—particularly its scalability—are drawing sophisticated investors. Market analysts observe that such institutional backing often signals potential for sustained price growth, though short-term corrections remain expected in crypto’s dynamic environment.