Since early August, SUI has regained attention from both the retail and institutional sectors. Its constant rebound from a long-term trend line has generated optimism among investors. As of the closing of this edition, SUI was trading at approximately 3.90, the third time it has remained above the key support this year. Meanwhile, the ecosystem is gaining momentum thanks to new institutional support and increased DeFi activity. These factors, along with on-chain positioning, are creating a possible scenario for another rally.
