SUI Soars Toward $4.50 as Swiss Bank Deal Ignites Bullish Frenzy

Move over, traditional finance—SUI's making power plays.

Swiss bank partnership fuels 20% weekly pump

The Layer 1 token's rally defies broader market stagnation, with trading volume spiking 300% post-announcement. Institutional inflows? Suddenly very interested.

Key resistance at $4.50 now in sight

Technical charts show a textbook breakout pattern, though skeptics whisper 'partnership theater'—because nothing revives a crypto winter like a fancy European banking friend.

Active addresses hit 3-month high as developers flock

The ecosystem's seeing real traction beyond speculative trading. Mainnet upgrades next week could cement this as more than a dead-cat bounce.

Just don't ask the Swiss bankers if they actually understand MoveVM

• SUI price rallies towards the $4.50 target after entering into a strategic collaboration with Swiss-based Sygnum Bank.
• Institutional adoption becomes more robust as Sygnum provides regulated custody and trading solutions for the coin.
• Soaring open interest and explosive trading volume indicate a growing market confidence in the token’s upward trajectory.

The SUI token has finally emerged from its prolonged downtrend and is showing a notable surge in value, in line with the broader cryptocurrency market. Its price over the last 24 hours is up by 9.38%, and over the last week it is also up by 9.64%.

At the time of writing, sui is trading at $3.85 with a 24-hour trading volume of $1.92 billion, significantly up by 92.73% over the last 24 hours. The coin has a market capitalization of $13.53 billion, which is also up by 9.52%.

The overall crypto market has taken a bullish turn, with renewed investor interest along with BTC’s upward momentum towards its all-time high around $123,000. This has inspired the market to inject fresh optimism into the altcoins.

Sygnum Bank Backs Sui to Boost Institutional Access

A crypto analyst highlighted that Swiss-based Sygnum Bank has revealed it will offer full support for SUI so its users can trade, store, and manage the asset via the regulated platform of the bank. Sygnum will offer institutional-grade trading and custody services, thus allowing asset managers, family offices, and high-net-worth individuals to safely access SUI within the strict financial regulations of Switzerland.

The development has been described as a significant step towards connecting traditional finance with blockchain innovation.

Breaking: @sygnumofficial announces SUI support for clients on the back of serving as banking partner

Sui is now fully integrated and offered to institutional investors through a regulated Swiss bank. This is the second bank announcement this week and a perfect step for the… pic.twitter.com/nSN9HSaApS

This is the second banking collaboration for Sui this week, signaling a rush of institutional interest. Industry commentators describe it as a perfect step for the growth of the ecosystem, given that regulated access points will be essential for attracting scale capital.

Coupled with Sui’s increasing market activity and growing presence within the derivatives arena, the Sygnum integration solidifies the project’s standing as one of the most institutionally friendly blockchain networks available to the market today.

SUI Eyes $4.50 as Bullish Momentum Builds

SUI is gaining bullish momentum. The daily chart places it above the 20-day moving average and on its way to the higher Bollinger Band NEAR $4.2681, a significant resistance level. The RSI is at 56.06, showing moderate bullish pressure, while the MACD is showing a bullish cross, so the rally has the potential to continue.

A break above $4.00 with good volume could take prices to $4.27–$4.50, but the $4.00–$4.2681 area is still significant resistance. Inability to breach it could spark a retreat to $3.75 or $3.25, though technicals and participation continue to improve; traders will want to look for volatility as leverage accumulates.

Surging OI and Volume Signal Bullish Trend for Sui

Open interest on SUI derivatives has risen 12.07% to $2.09 billion, whereas the volume increased 64.81% to $7.37 billion, indicating a sudden increase in market participation. Higher OI, along with volume, indicates increased trader confidence and the possibility of higher and faster oscillations in the price.

The OI-weighted funding rate is at 0.0098%, indicating a long-side bias and a desire for Leveraged long bets. The bullish funding rate bias is consistent with the general uptrend, supporting the view of further momentum in the near term.