SUI Poised for $2.4 Surge as Sagint Picks Sui for Real-World Asset Tokenization
Sagint's choice of the Sui blockchain isn't just a partnership—it's a market signal. The move to tokenize real-world assets on a scalable Layer 1 could be the catalyst that finally pushes SUI past key resistance.
Why This Partnership Matters
Forget vague roadmaps. Sagint brings tangible assets onto the chain—think property, commodities, debt. Sui's parallel execution and low fees make it a practical pick, not just a theoretical one. This is utility you can price.
The $2.4 Target in Sight
The surge to $2.4 isn't pulled from thin air. It reflects the unlocking of new value flows and investor recognition that real-world asset tokenization is more than a buzzword—it's a revenue model. Every asset tokenized is a new fee-generating event for the network.
A New Narrative for SUI
This shifts SUI's story from 'another smart contract platform' to a foundational layer for institutional-grade finance. It bypasses the speculative frenzy and taps into the multi-trillion-dollar traditional asset market—a move so sensible it almost feels out of place in crypto.
The Bottom Line
Sagint's vote of confidence cuts through the noise. It provides a concrete use case that could drive both adoption and valuation, proving that sometimes the most bullish signal isn't a tweet, but a balance sheet looking for efficiency. After all, nothing gets traditional finance interested like a chance to save on fees while doing something they'd call 'innovative.'
SUI Network Sees 500K Users as Crypto Adoption Rises
However, the crypto analyst, Torero Romero, emphasized that the SUI blockchain network has made a breakthrough in adoption, with over half a million people joining the network in just 24 hours. Whether the sudden burst of new users is a natural effect or network growth phenomenon, it can be seen there is so much traffic on this network as people show interest in the crypto space.
Source: ToreroRomero
Observers regard this metric as one of the key signs of the scalability of the network. A quickly expanding user base is often accompanied by more transactions, more ecosystem engagement, or better network effects, making the network a more and more viable Layer 1 blockchain solution as the battle for adoption heats up.
SUI IOF Pattern Signals Potential Rally to $2.40+
Moreover, the crypto analyst, Nehal, highlighted that the token is exhibiting initial signs of a positive Inversion Order FLOW (IOF) pattern on the daily chart, signifying that there is a possible change in the momentum pattern, favoring the buy side. Currently, it is trading in a range, and any brief movement towards the downside boundary could provide a good entry point for trading.
Source: Nehal
If this bullish pattern holds strong, it is likely that the token could start moving with a gradual positive momentum with targets for key resistances at $1.8789, $2.0543, $2.2310, and $2.4034. These resistance levels could work as major momentum points that WOULD continue to help the positive movement of the token.
Also Read: Sui Powers Resilient Blockchain Infrastructure Across Bhutan’s Rugged Terrain