Overview
- SUI jumped 15% to $4.23 on July 26 and has since consolidated near the $4.00–$4.20 breakout zone after a successful retest.
- On-chain fundamentals underpin the rally as SUI’s total value locked rose 42% in 2025 and its decentralized exchange volume surged 657% year over year.
- Daily technicals leave room for further upside with an RSI of 62.4, positive MACD readings, and key SMAs providing support below current prices.
- Analysts including Marcus Corvinus and CryptoBull_360 set new near-term targets at $5.30 and project extensions toward $7–$10 if bulls hold above $4.20.
- Derivatives open interest has climbed 16% to $2.12 billion, signaling elevated trading activity and a heightened risk of forced liquidations.