Cryptocurrency analyst BitGuru pointed out that after a phase of sideways movement and accumulation, SUI's price chart now shows renewed strength. The analyst, however, cautioned that more confirmation is needed before calling a decisive short-term breakout.
According to BitGuru, selling pressure on SUI has been fading as momentum builds, but investors are waiting for additional confirmation to gauge whether the move has lasting power. Key resistance levels to watch are $0.84, $0.91, and $0.97. If bullish sentiment persists, these levels could be tested, leading to either consolidation or an extension of the upward move. Conversely, if volume support weakens, the price may slide back into the current horizontal range.
Volume Surge and Market Sentiment
SUI trading volume hit $398 million, per CryptoComLearn. That marks a sharp increase in market activity, even amid broader macro headwinds. Analysts generally agree that sustaining this momentum into a trend will require constant monitoring.
SUI rebounded 2.14% in the past 24 hours but remains below the main resistance at $0.80. Earlier, the Sui mainnet reached 6 million TPS in an AI test, yet price failed to break out significantly.
Sui and Remi Technology: Building Compliant Stablecoin Rails
On the institutional front, Sui representatives said corporate interest is shifting away from stablecoin models operating outside regulated banking — toward those that can integrate with existing financial infrastructure. A new regulatory-compliant stablecoin infrastructure is being built, allowing banks to issue digital assets directly on the Sui network.
Sui is partnering with Remi Technology, a key infrastructure player focused on enabling banks to issue regulatory-compliant stablecoins and integrate these assets into traditional finance operations. According to officials, this infrastructure will let banks issue and manage stablecoins in line with regulations, potentially making cross-border payments and settlements more efficient.
The move aims to transform stablecoins from an external crypto asset into a financial instrument fully integrated with institutional ecosystems. The ultimate goal: align issuance, settlement, and integration with traditional financial standards.
Price analysis and technical commentary here reflect market interpretations. Given persistent volatility in crypto assets, investors continue to monitor confirmation signals before committing to short-term trades.