SUI is turning heads in the market today. The token has jumped over 10% over the past day and is now trading around $3.26. What’s more, its trading volume has more than doubled, up by 121%, putting it among the top five gainers across the crypto space.
This surge didn’t come out of nowhere. SUI price just broke out of a multi-week downtrend, and that move is catching the attention of analysts and traders alike.
On X, crypto expert Momin called the breakout “beautiful” and linked it to a new report on Sui from Grayscale. Another expert, Crypto Rand, described the setup as a “full bullish breakout,” suggesting $5 could be the next big level to watch.
One of the biggest drivers behind the rally is the launch of tBTC on the Sui blockchain, which went live on July 9. This integration brings over $500 million in Bitcoin liquidity into Sui’s DeFi ecosystem and supports fast, low-latency strategies through platforms like Bluefin and AlphaFi.
The timing couldn’t have been better. As soon as the integration was announced, SUI’s price and volume surged. The added exposure from Grayscale’s report likely helped attract more attention from both retail and institutional players, all adding fuel to the rally.
SUI Price Chart Structure Supports the Move
The SUI chart confirms a breakout from a descending trendline that had persisted since early June. The price cleared resistance near $2.90 and is now holding above it. Analysts see this as a bullish continuation pattern, especially with volume increasing during the breakout.
Image Source: X/Momin
Support is now found between $2.80 and $2.90. On the upside, price may aim for the $3.90–$4.10 zone. Fibonacci levels and prior price memory suggest further upside if momentum persists.
How High Can SUI Price Go by July’s End?
Based on structural analysis from multiple timeframes, price could test the $5 mark. Crypto Rand’s tweet reflects this target, aligning with the current pattern of higher highs and strong market participation.
Full bullish breakout for $SUI, getting ready for $5 pic.twitter.com/FJt6rnmaSX
— Crypto Rand (@crypto_rand) July 10, 2025
If SUI price maintains its trend and support levels hold, charts suggest $4–$5 remains within reach before the end of July.
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The post SUI Price Pumps Hard – What’s Fueling the Surge and How High Can It Go by the End of July? appeared first on CaptainAltcoin.
