Global blockchain supervision and query platform

English
Download

Sui price consolidates above $3.50 as inflows tick up

Sui price consolidates above $3.50 as inflows tick up WikiBit 2025-10-06 23:03

Sui recorded approximately $3.5 million in net inflows last week.Investors have injected over $138 m

  • Sui recorded approximately $3.5 million in net inflows last week.
  • Investors have injected over $138 million into Sui-related digital asset products.
  • Bulls could ride institutional demand and overall market tailwinds to target a new all-time high.

Sui (SUI) price is showing signs of a potential breakout as bulls stabilise above the $3.50 threshold.

Increased capital inflows, signalling renewed institutional interest, add to the overall bullish picture for SUI.

Sui holds a key level amid $3.5 million in capital inflows

The crypto markets sharp bounce in the past week has Sui price poised above $3.50 and eyeing an upward continuation.

Meanwhile, the Sui ecosystem has recorded a modest yet encouraging uptick in investment activity.

According to CoinShares, approximately $3.5 million in net inflows poured into SUI-linked funds and products over the past seven days.

This comes as demand for institutional-grade exchange-traded products (ETPs) and venture-backed staking pools surges sharply.

Investors looking to position with Sui have injected over $138 million into related digital asset products and funds, with assets under management rising to $348 million.

While Bitcoin and Ethereum dominate with billions of dollars in weekly inflows, the overall bullish sentiment is helping smaller coins.

A lot of this is down to treasury strategy moves and exchange-traded funds anticipation, while macro tailwinds strengthen the push for more gains in the fourth quarter.

The $3.5 million inflows point to Suis appeal among institutional investors.

SUI price: is a new all-time high next?

SUIs price action has entered a textbook consolidation phase.

Over the past weeks, the token has traded between $3.52 and $3.65, with a market capitalisation hovering around $13.1 billion and daily volume near the $1 billion mark.

As per CoinMarketCap data, this metric stood at around $997 million at the time of writing on Monday.

The altcoins stability comes after a 13% rally in the past week that has bulls retesting a key resistance zone.

Notably, technical indicators paint a bullish picture, with the relative strength index (RSI) sitting at 56, neutral yet trending upward.

Bids are also concentrated near the middle line of the Bollinger Bands, having seen a significant bounce off the support line.

Sui price chart by TradingView

Bullish catalysts for Sui include accelerating network growth and a supportive broader crypto market outlook.

Analysts expect substantial upside for Bitcoin, with some projecting a move toward $126,000.

Such an advance could trigger a broader sector rally, fueled by capital rotation and renewed risk appetite.

“Traders short October calls are rolling higher toward 126k–128k as $BTC keeps grinding up,” said analysts at QCP Group.

“The move shows conviction in sustained upside into month-end, with the market leaning on supportive macro stories and seasonal strength.”

A confluence of factors, including sustained inflows and strong technical momentum, could position SUI to retest its all-time high above $5.35, last seen in January.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

  • Crypto token price conversion
  • Exchange rate conversion
  • Calculation for foreign exchange purchasing
/
PC(S)
Current Rate
Available

0.00