SUI Token Poised for $5 Breakout as DEX Volume Soars and Unlock Concerns Fade
Sui Network’s decentralized exchange volumes have surpassed major competitors, with the sui token overcoming recent unlock events to surge 80% in a month. The token is now testing resistance at $3.80-$4.00 as institutional interest intensifies.
Grayscale’s SUI Trust launch and 21Shares’ ETF filing highlight growing confidence in this LAYER 1 blockchain. Analysts point to sustained DEX activity and robust tokenomics as key factors driving the anticipated $5 breakout.