SUI’s Meteoric Rise Targets $3.90 as Adoption Skyrockets

SUI isn't just climbing—it's rewriting the playbook on blockchain scalability. With institutional money flowing in and developer activity hitting unprecedented levels, this isn't another speculative bubble. It's a fundamental shift.

Breaking Through Resistance

The $3.90 target isn't just a number—it's a statement. While traditional finance still debates blockchain utility, SUI's network metrics scream adoption. Transaction volumes doubled last quarter while gas fees remained laughably low compared to legacy chains.

The Institutional Endorsement

Hedge funds that once mocked crypto now scramble for SUI exposure. Their research departments finally discovered what retail investors knew months ago—this chain actually works for real-world applications beyond NFT profile pictures.

Market Dynamics Shift

SUI's surge comes as Bitcoin dominance wanes—altcoin season is here. Smart money rotates out of stagnant large-caps into protocols with actual growth narratives. Meanwhile, traditional bankers still try to explain why blockchain is 'just a trend' while their clients demand exposure.

The cynical take? Wall Street will eventually launch a SUI ETF once they figure out how to charge 2% management fees for something you can self-custody. But by then—the real gains will have been made by those who ignored their 'expert' advice.

• SUI continues consistently with strong adoption, eyeing a potential rise toward $3.90 target.
• The Sui network surpasses 285 million users, reflecting expanding community engagement and confidence.
• Short-term support near $3.23 holds, which could trigger renewed buying interest soon.

SUI continues to grow steadily, even amid short-term market fluctuations. The network’s expanding user base and recent adoption milestones highlight rising interest in its ecosystem. With strong support levels and an engaged community, sui shows potential for renewed momentum and long-term growth.

At the time of writing, SUI is trading at $3.25 with a 24-hour trading volume of $1.78 billion and a market capitalization of $7.65 billion. The token declined 1.02% in the last 24 hours, reflecting short-term market fluctuations.

Sui Network Hits 285 Million Users Milestone

The Sui network has just achieved a new landmark, passing 285 million accounts, as shared by Sui Intern. This shows the gradual growth of the platform’s user base and increased interest in the Sui system. Such milestones boost long-term confidence in the project.

SUI Maintains Support as Market Sentiment Strengthens

A well-known crypto analyst, BitGuru, highlighted that the token remained near short-term support at $3.23. If the support is maintained, SUI can see new buying enthusiasm with immediate targets at $3.53 and possibly surge to $3.90 in the near term. A fall below $3.20 can trigger more downward pressure and attract attention from market watchers.

SUI price activity is balanced between sentiment and network growth. While minor corrections are common within crypto assets, strong adoption numbers and an ever-increasing user base indicate that Sui is on a gradual growth path.

Analysts believe that defending support levels can spark new price movement and attract renewed interest from investors seeking promising altcoins. With a growing community and key milestones, Sui is a token that cannot be ignored, experiencing short-term fluctuations while aiming for long-term growth.

SUI weekly update market shows mixed signals

The Relative Strength Index (RSI) of SUI is currently at 49.44, slightly below the neutral 50 level. This indicates the token is neither oversold nor overbought but slightly tilted toward bearish momentum. Currently, bulls are regaining ground, and RSI is at 52.40. Market strength remains cautious. An RSI above 55 may indicate stronger buying.

Moving Average Convergence Divergence (MACD) shows the blue line at 0.14324, the orange signal line at 0.16546, and the histogram at -0.02222. This indicates weak bearish pressure due to the negative histogram. However, the MACD lines are close to each other, so momentum could change quickly. A bullish crossover may signal upside potential.