1.28M new addresses in 24 hours and $500M funding inject fresh momentum into SUI’s rally plans.
$SUI I is consolidating just below the $3.50 mark — a level traders are watching
closely for a potential breakout. After a sharp pullback from $5.25, the
token is now testing short-term resistance that could flip bullish if buying
pressure increases.
The latest catalyst comes from AMINA Bank, a Swiss-regulated financial institution,
becoming the first bank to offer custody and trading services for $SUI .
This move boosts institutional trust and opens the door for regulated financial
adoption.
Adding to the momentum, Mill City Ventures committed $500 million in treasury
funding to scale $SUI ’s ecosystem, enhance scalability, and explore new
market opportunities. Network growth is also surging — with 1.28 million new
addresses added in just 24 hours, bringing the total to 257.9 million.
Market sentiment, however, remains mixed. While 70.8% of traders on Binance
hold long positions and technical indicators show stabilization, open interest
has dipped and sentiment scores remain in the negative. A confirmed breakout
above $3.50 could set the stage for targets at $4.00 and $5.00.