$SUI

📈 Market momentum and technical analysis

Cointelegraph's opinion: the altcoin rally could lead SUI to break the resistance at $4.30, preparing for a rally towards $5 or even $5.37, if it stays above the 20-day moving average, now around $3.37.

Coin World / AInvest report a 35% increase for the month and a rise from $3 to $3.41, attributing the ascent to the start of the "altseason" with strong capital rotation from Bitcoin to altcoins.

CryptoRank.io confirms that SUI has reached a record TVL of over $2.2 billion, setting the price near $4.04 and consolidating a technical target of $5.

🔧 Fundamentals and adoption

99Bitcoins highlights that SUI has been the best-performing L1 in July, with a monthly increase of 44% and historical TVL, placing its price around $4.

A report from Grayscale emphasizes that SUI has outperformed assets such as BTC, SOL, ETH, and AVAX since the beginning of 2024, thanks to its robust growth in institutional and developer adoption.

On Binance Square, it is mentioned that SUI is trading near $4.11, with strong support at $3.91 and resistance at $4.26; bullish targets are projected at $4.40–$4.65, although a possible correction towards $3.06 is also warned.

🧩 General token information

CoinMarketCap indicates that SUI is worth today $4.05 with a volume of $2.99 billion in 24 hours and a market capitalization close to $14 billion.

According to CoinGecko, the weekly range is $3.32–$4.18, with a 24-hour range of $3.93–$4.23. The all-time high is at $5.35 since January 2025.