The post Major News for SUI: Development, Price Outlook, Predictions appeared on BitcoinEthereumNews.com.

In the rapidly evolving crypto landscape, Sui (SUI) is garnering new momentum heading into the latter half of 2025. The network recently surpassed $80 billion in cumulative DEX volume, a milestone that underscores accelerating adoption among developers and traders alike. According to reports from CoinCentral and Crypto Economy, this level of on-chain activity positions Sui firmly among the fastest-growing Layer 1 networks. Meanwhile, Canary Capital has filed for a spot ETF tied to Sui, part of a broader suite of six crypto ETF applications under review. If approved, it would mark a significant step toward institutional recognition, bringing the token closer to mainstream financial products already available for Bitcoin and Ethereum. Reuters noted that such filings reflect a growing appetite among large investors to gain structured exposure to emerging altcoins. Alongside Sui’s progress, MAGACOIN FINANCE is emerging as a smaller-cap contender, already gaining traction through rapid presale rounds and strong community growth. Price outlook and predictions From a technical standpoint, SUI’s chart signals cautious optimism. Analysts highlight resistance in the $4.20 – $4.50 range, while support has held around $3.50. Should bullish momentum return, traders expect a short-term breakout toward higher levels. Looking further ahead, speculative models project that Sui could trade in a $3.84 – $7.01 range by year-end. Longer-term forecasts from firms like CoinDCX and Cryptopolitan suggest potential for double-digit valuations by late 2025, especially if DeFi engagement grows and regulatory acceptance of Sui-linked products materializes. The chart from CoinMarketCap shows Sui (SUI) trading at $3.41, marking a 9.07% decline over the past seven days. Its market cap stands at $11.99 billion, supported by a circulating supply of 3.51 billion tokens out of a 10 billion max supply. Trading volume over the last 24 hours dropped nearly 24% to $992 million, signaling cooling demand. Price action highlights a…

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Filed under: News - @ August 22, 2025 7:30 am