Why the latest upgrade of #USChinaTradeTalks may become the driving force for SUI to break through $3.55
The Sui blockchain has undergone a significant upgrade to its mainnet, with the latest update introducing some key enhancements aimed at optimizing performance, improving congestion control, and enabling new features that can increase network trust, namely the stolen funds recovery feature.
This upgrade also enhances Sui's proof parsing logic, accelerating transaction validation speeds. These community-supported improvements aim to position Sui as a more robust, user-friendly blockchain, with security-centered features being a major highlight.
After the upgrade announcement, the SUI token showed signs of consolidation near the key support level of around $3.20 after retreating from a high of about $4.95 in May.
If it breaks through $3.55, it indicates that the price will strengthen again and may open the door to testing $4.03 and $4.25. If SUI can regain attention after the protocol upgrade, the bullish target above $4.50 may re-emerge.
However, failing to hold the support level between $3.11 and $3.20 could lead to a return to the March low near $2.80.
