SUI Price Jumps Above $3.40 as Major Players Scoop Up Tokens
SUI continues its bullish run, now trading at $3.43 with a 0.84% daily increase. The token's 13% weekly surge comes after sui Group Holdings acquired over 100 million tokens, highlighting growing institutional demand.
Technical indicators support the upward momentum, with MACD histograms showing bullish signals. Despite regulatory uncertainty around the 21Shares SUI ETF review, market attention remains focused on concrete adoption metrics.
The gap between institutional accumulation and regulatory timelines shows a market increasingly driven by real demand rather than speculative trading.