Overview
- Coinbase confirmed SUI is now tradable for New York residents on Coinbase.com and in its iOS and Android apps.
- SUI climbed roughly 21% over 24 hours to around $1.61 following the announcement, with a later intraday spike reported up to $1.79 on elevated volume.
- The token’s advance outpaced several large-cap altcoins as buying pressure increased across major exchanges.
- Sui released 55.54 million tokens worth $86.86 million on November 30, identified by Cryptorank as December’s largest scheduled unlock, without triggering an immediate price drop.
- Analysts highlight support near $1.60 and resistance around $1.67, with potential targets cited between $1.80 and $2.30, while the ecosystem adds the USDsui fiat‑backed stablecoin for payments and DeFi.